03 Nov 2016
Sarah Bel, Communication Specialist, UNDP
Photo credits: Adam Kane
Last month the UNDP and Impact Hub organized the first Social Good Summit in Geneva, bringing together impact investors, international organizations and entrepreneurs to discuss how to scale up and finance impact-driven ventures to accelerate the implementation of the Sustainable Development Goals (SDGs).
There was a great appetite at the summit to exchange ideas. Investors were looking to meet with innovative ventures and discuss how to create a reliable pipeline of investable entrepreneurs. Bilateral and international agencies were eager to learn how to increase funding sources and leverage their resources to implement the SDGs. Not to mention the presence of five entrepreneurs, selected through the rigorous #Accelerate2030 programme, who hoped to identify partners and supporters to scale up their respective ventures.
SDGs are good for business, how do we put that in motion?
Betting on social entrepreneurship to accelerate the implementation of the SDGs makes sense from an impact and a financial return perspective, but the sector requires both financial and non-financial support. To put it simply, entrepreneurs need to unlock three doors: finance, market and talent.
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