What is the social/environmental problem/issue that this project will address?
Soon, there will be more investors than social enterprises robust enough to invest in. And women are left behind. To feed the pipeline, we need to support women social innovators and entrepreneurs at early stage and provide them with a development programme through which they can make sense of the investment sector, prove their concept, put impact measurement frameworks in place, and develop skills that enable them to pitch to incubators or angels and compete with confidence with others companies.
Can you give us some statistics on this problem?
Stats show that women are more likely to invest up to 90 percent of what they earn in their family’s future and in the future of their local communities. Studies also demonstrates that ROI of well performed executive coaching can show a five-fold return, (ie: for every £5 invested in individuals, you might get £25 return). Coaching is increasingly used by SME's to embed new skills, discover weaknesses and strengths, understand systems, and make sense of the learning acquired in a business programme.
What is your solution?
We propose a pre-incubator for women social entrepreneurs to increase the effective development of women-led social ventures, their networks and market places, on one hand, and on the other hand, to promote impact investment with a gender-lens, and increase a reliable pipeline of deals for investors and contractors.
How will you deliver this?
Make a Wave is a combination of discovery meetings with impact investors, media visibility, technical assistance, mentoring, that is reinforced by a series of coaching sessions by excellent executive coaches, that reinforces women social entrepreneurs' personal development. In addition, participants get a special connection with a personal angel. A total of over 40 hours contact time with professionals and peers for a unique business development opportunity.