In recent years, the number of business and impact accelerators has increased, employing a variety of services and funding models to launch emerging entrepreneurs. With this influx of accelerators, much discussion in the social innovation field today is focused on accelerator performance and what’s working (and not working) to move social enterprises to the next level.
In 2014, Echoing Green piloted an impact investing “inflection cohort” of 10 alumni of our Fellowship program, each leading for-profit and hybrid social enterprises. Our goal was to support them through a common, critical inflection moment: transitioning from early-stage funding to raising more sophisticated institutional growth capital. The white paper we released today looks at the inflection cohort pilot’s performance in supporting emerging social entrepreneurs. Some of the paper’s key observations include: