#Socent östersund Alex Budak Reach for Change 8 October 2014

REACH FOR CHANGE IDEAS THAT IMPROVE THE LIVES OF CHILDREN

Plan for today What is Reach for Change? How we evaluate our social entrepreneurs Our investment themes (with stories!)

Reach for Change in brief Non-profit organization founded by Swedish investment company Kinnevik and social entrepreneur Sara Damber in 2010. Dedicated to improving children’s lives and contribute to positive development in local markets where Kinnevik Group companies operate. Designed to create win-win with supporting partner companies’ business goals while doing lasting social impact. Finds social entrepreneurs – local people with innovative ideas on how to improve lives for children and supports them. in brief

our theory of Change Select social entrepreneurs with great ideas to improve the lives of children Create a global movement of passionate change makers supporting children through social entrepreneurship

Change Leader Benefits Financial Capital Intellectual Capital Social Capital

Financial Capital Up to 1.5M SEK spread over 5 years. Connections to other funders

Intellectual Capital Kick-off sessions Advisors Team Coaching Barrier Breaking Session Workshops and Lectures

Social Capital An inspiring network Co-working days Media connections Networking, introductions, door opening Stamp of approval

Selection Criteria A social entrepreneur with innovative solutions to society’s most pressing problems for children and youth in Sweden. An exceptional individual with great ideas, who is ready to work full time on making their idea grow and who have the entrepreneurial drive to succeed. (Brave, Smart and Passionate)

Selection Criteria Social Impact Financial Sustainability Scalability Systems Change Entrepreneurial Leadership

Social Impact Big scale // Deep Impact Measurable social change Key Investment Themes

Financial Sustainability Sustainable Business Model, long term solutions Should be able to show how you will generate revenue Diverse income (e.g. private funding by selling a product or service, and/or donor grant based by government funding, debt of equity capital, and/or fundraising

Scalability Influences others to promote and adopt the idea Might start small but has the capacity to grow and effect thousands of children or millions of children Has the potential to be replicable beyond the initial pilot to other contexts

Systems Change Ideas to alter society and make a difference in a longer perspective, beyond simply providing a product or service Changing a system that is causing a problem or restricting or limiting a solution. Reaches beyond the life of an individual

Entrepreneurial Leadership Brave Smart Passionate

Our Investment Themes Social inclusion Education Health and development Child protection Economic participation Expression and participation

Social Inclusion

Underbara ADHD

Building bridges

Education

Mattecentrum

Health and Development

PeppyPals

Randiga Huset

Child Protection

Right 2 Choose

Economic Participation

Gabriella’s Rehabilitation Center

Expression and Participation

Spread the sign

Tack! alex.budak@reachforchange.org @aLEXbudak / @p4c_Sweden