
Social Alpha
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Some of the most challenging problems in Global Development are too complex and may require breakthrough innovations to positively impact people and the planet. Social Alpha, a multistage innovation curation and venture development platform, is designed to support science and technology start-ups that aim to address the most critical social, economic, and environmental challenges of our times.
Social Alpha works closely with the end users, communities, and other stakeholders to understand the problems and develop an impact thesis and innovation framework. This thesis-driven approach directs prioritisation, resource allocation and innovation scouting. Social Alpha supports innovators willing to take entrepreneurial risks and build compelling solutions to complex development sector challenges.
Social Alpha implements its theory of change by investing in creating a network of innovation labs, startup incubators, accelerator programmes, seed funds, deployment partners and R&D institutions. Selected startups get access to a comprehensive range of resources and support, including infrastructure, sandbox and real-world test beds for pilots and validations, product management guidance, technical, business and regulatory expertise, early-stage risk capital, market access enabling mechanisms and entrepreneurial mentoring.
With its deep community engagement, strategic partnerships, and ecosystem enablement, Social Alpha has demonstrated that impactful innovations can be developed, de-risked, and deployed in the social sector by aligning the incentives of society, the market, and the state.
Since its inception in 2016, Social Alpha has nurtured over 300 start-ups, including 120+ catalytic grants and 90+ seed investments.
Keywords
venture philantrophy, technology incubation, social entrepreneurship, innovation, lab to market, investments, social finance, incubation, venture capital, startup accelerator, venture studio, climate change, healthcare, livelihoods, sustainability, wellness, poverty elimination, philanthropy, social impact, climate action, prosperity, global development, global south
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