We are currently rebooting our work on Venture Capacity and would love to hear your ideas and thoughts: @ImpactReady
High Performance Management Consultancy can not only make the difference between more and less success, but for startups and emerging social initiatives it can offer the chance to accelerate their growth and take their impact to the next level.
At ImpactReady we work with social organisations because we are passionate about making change happen. Yet, we also know that some of the highest potential social value creators are a long way from being in a position to take on management consultants.
We are experimenting with bringing a vested-interest business model to the high potential social impact sector. Venture Capacity takes some of the ideas of venture capital to the social sector. But, rather than with venture philanthropy (which is non-profit), venture capacity remains geared to creating both a social and economic return. And, unlike impact investing, Venture Capacity is proactive: we help to maximise potential value by bringing a suite of services and expertise into the mix.
In practice this means we aim identify high potential early-stage social organisations and create a bespoke package of support to help take them to the next level. Our approach includes:
Rather than charging an upfront fee, ImpactReady Venture Capacity partners agree to pay a percentage of their income over the course of the agreement (quasi-equity). This means that ImpactReady shares in the risk, and demonstrates our confidence and commitment to identifying and priming the next big social value creators.
We are proud to announce our founding Venture Capacity Partner, Power of Youth. PoY is creating a global network of young values-led entrepreneurs, powered by a series of immersive global summits and leadership programmes.
(WORK) with ♥ is our contribution to changing the way that enterprise works. We believe that empathy, integrity and passion should be at the core of social business. We are bringing together all of our own efforts to live out this commitment under (WORK) with ♥.
You can follow all our (WORK) with ♥ updates on our blog: