Speeding the Convergence of Impact and Profit

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• Nikon Rasumov
• Thursday 18 April 2013, 13:10-14:00
• 1 Newnham Terrace, Darwin College.

If you have a question about this talk, please contact Sven Friedemann.

Social enterprises are profitable businesses with a quantifiable social impact. Are they the solution to the growing social and environmental problems? Could we eradicate all inequalities by making them unprofitable and investing into impact?

Despite a rapidly growing market of impact investing (12%), the social sector struggles to identify successful social enterprises and to scale them to regions where they will have the greatest social impact.

While at Darwin, my company Pullapproach developed a technology that identifies and scales social enterprises.Through our Enterprise Resource Planning and Open Innovation tools, we lower the transaction cost of benchmarking social impact and replicating social enterprises in other regions. Our technology is currently validated in 15 countries with clients ranging from NGOs, governments and multinationals. We are incubated by Singularity University (Silicon Valley) amongst companies predicted to impact 1 billion people in 10 years.

Useful links: Markets for Good , Pullapproach , Singularity University

This talk is part of the Darwin College Sciences Group series.

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• 1 Newnham Terrace, Darwin College
• AUB_Cambridge Seminars
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• Centre for Health Leadership and Enterprise
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