1. #Socent östersund
Alex Budak
Reach for Change
8 October 2014

2. REACH FOR CHANGE
IDEAS THAT IMPROVE
THE LIVES OF
CHILDREN

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

4. 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

5. 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

6. Change Leader Benefits
Financial Capital
Intellectual Capital
Social Capital

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

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

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

10. 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)

11. Selection Criteria Social Impact Financial Sustainability Scalability
Systems Change
Entrepreneurial Leadership

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

13. 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

14. 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

15. 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

16. Entrepreneurial Leadership
Brave
Smart
Passionate

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

18. Social Inclusion

19. Underbara ADHD

20. Building bridges

21. Education

22. Mattecentrum

23. Health and Development

24. PeppyPals

25. Randiga Huset

26. Child Protection

27. Right 2 Choose

28. Economic Participation

29. Gabriella’s Rehabilitation Center

30. Expression and Participation

31. Spread the sign

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