Impact venture capital (IVC) is a form of private equity financing provided to early-stage companies that aim to generate significant social or environmental impact alongside a financial return. For sophisticated investors, it represents a strategic approach to deploying capital into businesses whose core models are designed to solve major societal challenges, moving beyond traditional philanthropy to create scalable, profitable solutions.
For top entrepreneurs, executives, and private investors, growing capital means more than it used to. The goal today is to combine strong financial returns with a clear, positive impact. This is the heart of impact venture capital. This is not philanthropy; it is a smart business strategy. It helps you unlock unique opportunities, access exclusive deals, and build a powerful legacy.
This article offers a direct, results-focused guide to impact venture capital. It is based on the principles of Access Engineering and an entrepreneurial investing approach. We will show you how to find high-potential impact investments, perform solid due diligence using frameworks like CARE, and add these ventures to a high-growth portfolio. Our goal is to equip you to earn excellent financial returns. We also want to help you secure impactful board appointments, expand your global investor network, and bypass traditional gatekeepers.
Prepare to see how a focused strategy in impact venture capital can reshape your investment goals and professional influence. We begin by clarifying what impact venture capital means from a smart investor’s point of view.
What Is Impact Venture Capital from an Investor’s Perspective?
Beyond Philanthropy: Defining the Dual Mandate of IVC
Impact Venture Capital (IVC) is a smart choice for experienced investors. It goes beyond traditional charity. IVC aims for strong financial returns. It also creates a positive impact that can be measured. This is its dual mandate.
For hands-on investors, IVC is a great option. It lets you build wealth while helping to solve major world problems. This type of investing focuses on startups and early-stage companies. These businesses are built to make both a profit and a difference.
Unlike grants or donations, IVC demands results. Financial performance is key. However, measuring impact is just as important. The global impact investing market is growing fast. It reached over $1.16 trillion in assets by 2022 [1]. This growth shows that investors’ priorities are changing.
We help investors find these kinds of opportunities. Our clients get access to unique deals that are not widely available. To succeed in IVC, you need to spot ideas that can grow. You also need a strong grasp of the market and of social needs.
Key characteristics of the IVC dual mandate include:
- Financial Returns: Aiming for competitive, market-rate, or even outsized returns.
- Intentional Impact: Actively seeking to create positive social or environmental outcomes.
- Measurability: Implementing robust metrics to track and report impact performance.
- Strategic Alignment: Ensuring impact goals are central to the business model, not just an add-on.
IVC can also boost your career. It can lead to board seats at fast-growing, impactful companies. This dual focus is changing how money is invested. It offers real growth strategies for investors and companies alike.
The Evolution from SRI to Actionable Impact Investing
Responsible investing has changed a lot over time. An early method was Socially Responsible Investing (SRI). It focused mainly on avoiding certain industries, such as tobacco or firearms. While important, this approach was not proactive. It didn’t actively try to create positive change.
Impact investing is a big step forward. It is a hands-on way to invest. Capital is used with the clear goal of making money. It also aims to create social and environmental good that can be measured. This marks a shift from simply avoiding harm to actively doing good.
This change shows the market is growing up. Smart investors now want more than an ethical portfolio. They want to have a real influence and see clear results. This means supporting new ideas in areas like clean energy, sustainable farming, and better healthcare.
This new approach changes how deals are found. It goes beyond old financial models. Investors must check if a business can be profitable. They also need to see how much positive impact it can make. The UN Principles for Responsible Investment (PRI) help guide this process, encouraging investors to include ESG factors in their decisions [2].
Our Access Engineering method is designed for this new landscape. It helps investors find their way. We connect our private investor community with special opportunities. These are companies ready to grow and make a big impact. Our approach builds strong partnerships and a global network of entrepreneurs. We deliver real growth strategies, not just generic coaching. We focus on clear results, like board seats and connections to investors in key markets like the Singapore investor community and Dubai investor community.
What is an impact VC?
Understanding impact venture capital means looking at the big picture. It is more than just charity. An impact VC invests money to earn a profit while also making a positive social or environmental difference. This method fits perfectly with smart investing and real business growth.
The Profile of a Modern Impact Venture Capitalist
A modern impact venture capitalist is a skilled investor with two main goals. First, they want to make money. Second, they want to create positive social or environmental change. This double focus is what makes them different.
These investors are not just giving money away. They are smart business leaders. They find solutions to big world problems that can grow over time. Their skills go beyond finance. They often have deep knowledge in fields like clean energy, sustainable farming, or fair healthcare.
Impact VCs are part of a strong global network of entrepreneurs. They use their worldwide connections to find important investment deals. Their goal is to help companies grow that make money and do good. This promise is a key part of how they invest.
Key Differentiators from Traditional VC Firms
Impact VC firms and traditional VCs work in similar ways. However, their main goals and how they judge deals are very different. This is an important difference for founders who need the right funding and for skilled investors looking at different investment types.
Here are key differences:
| Aspect | Traditional VC Firms | Impact VC Firms |
|---|---|---|
| Primary Goal | Make as much money as possible for investors. | Make money while also creating a measurable positive impact. |
| Due Diligence | Looks at market size, growth potential, team, and financials. | Adds impact measurement (like ESG goals) to financial review. |
| Exit Strategy | IPO, M&A, or sale. The main goal is financial. | Similar exits, but also ensures the company’s mission continues. |
| Investor Base | Pension funds, foundations, and individuals who want high returns. | Investors, foundations, and family offices who share the mission. |
| Risk Assessment | Mainly financial and market risk. | Financial, market, and impact risk (like “impact washing”). |
Traditional VCs focus only on financial growth. In contrast, impact VCs take a broader view. They look for chances where profit and positive impact are linked. This approach often needs new types of partnerships and a long-term plan. They help founders grow their business without losing sight of their mission.
How Impact VCs Source and Assess Deals
Impact VCs use a careful, detailed process to find and review deals. This method makes sure investments are both financially sound and create real impact. They often find unique deals by going beyond the usual channels.
Their sourcing channels are diverse:
- Specialized Networks: They use a private community of investors focused on impact. This gives them access to global contacts and specific business networks.
- Impact Accelerators and Incubators: These programs are a great source for finding new startups that share their mission.
- Industry Events: Conferences on topics like sustainability or social change help them make key connections.
- Direct Outreach: They actively contact founders they find through research or recommendations.
When reviewing deals, impact VCs look at two things. Financial numbers are very important. But the expected social or environmental benefit is just as crucial. This review process is more complex than a standard one. It sometimes uses tools like the CARE framework for a full picture.
Key assessment criteria include:
- Impact Goal: A clear plan that shows how the company will make a positive difference.
- Measuring Impact: Clear, specific ways to track the positive impact. The demand for good impact measurement is growing. In 2022, the global impact investing market was over $1.16 trillion [3].
- Growing the Impact: The potential for the company’s solution to help many people or solve a big problem.
- Financial Strength: A solid business plan, a way to make money, and a clear path to profit.
- Team Commitment: The founders must be dedicated to the mission and have strong business skills.
This detailed review process requires deep knowledge. It makes sure the money invested supports real change and avoids “impact washing.” Our Access Engineering method offers a strong system for this. It helps find businesses that can truly make a difference and supports them as they grow.
Does impact investing pay well?
Analyzing Financial Returns in the Impact Sector
Many people believe that investing for social or environmental good means lower financial returns. This is an old way of thinking. New data clearly shows that impact venture capital (IVC) can deliver very competitive financial results, often outperforming traditional investments.
Smart investors no longer see this as a trade-off. They understand that impact can drive new ideas and help a company stand out. Because of this, the global impact investing market is growing quickly [4]. This growth isn’t about charity; it’s based on a practical understanding of how markets work.
Consider the evidence:
- Competitive Returns: Many impact funds, especially in venture capital, match or beat the returns of traditional funds. Data from groups like the Global Impact Investing Network (GIIN) consistently shows this trend [5].
- Strength in Tough Times: Impact companies are often stronger during economic slumps. Their mission builds strong customer loyalty and attracts dedicated employees. This strength leads to more stable financial results over the long term.
- Solving Real Problems: Impact investments often focus on overlooked markets or find new solutions to major global challenges. These areas represent large, untapped business opportunities. Entrepreneurs using the Access Engineering methodology know how to enter these markets and grow their businesses.
For entrepreneurial investors, it is vital to understand these points. This approach is about smart strategy, not just charity. It combines building wealth with making a positive change in the world. This is a core part of our investment approach at Callum Laing.
Case Studies: Profitable Exits in Impact Ventures
The idea that impact investments do not lead to profitable sales is simply untrue. The market is now mature, with many examples of successful exits. These success stories prove that impact venture capital can achieve two goals: earn financial returns and create real social or environmental good.
Looking at these successful deals, we see common themes. They all have strong business models, high demand for their products, and smart plans for growth. Here are a few examples:
- Sustainable Food Technology: Companies creating plant-based foods or green farming technology have been sold for high prices. They meet the growing consumer demand for healthy and eco-friendly products. These sales can be as big as those in the traditional tech industry.
- Clean Energy Solutions: Businesses in renewable energy and efficiency have attracted major investment and had successful sales. As the world’s energy needs change, these companies provide key solutions that can grow. For investors in the Dubai or Singapore entrepreneur communities, these sectors offer attractive deals.
- Fintech for Financial Inclusion: Platforms that give more people access to financial services show strong growth and returns. They solve basic problems for customers and earn steady income. These businesses often turn a local solution into a global success.
These profitable exits show that smart impact investing is good business. Investors who find companies with real customer demand and a path to growth are earning significant profits. This takes a sharp eye, often developed through a high-level investor programme that teaches real business strategies, not just generic coaching.
The ‘Impact Alpha’: Generating Outsized Returns and Social Benefit
Impact investing can do more than just match traditional returns. It can create what we call “Impact Alpha.” This term means earning higher profits that are a direct result of a company’s positive social or environmental impact. It’s not about choosing between profit and purpose; it’s about purpose driving bigger profits.
This ‘Impact Alpha’ comes from several key advantages:
- Stronger Brand and Loyal Customers: Today’s consumers want to buy from brands that share their values. Impact-driven companies build deep trust and loyalty. This leads to repeat business and lower marketing costs, giving them a strong position in the market.
- Attracting the Best People: Talented workers, especially younger ones, want their jobs to have meaning. Impact companies can attract and keep these top people. This leads to more innovation and productivity, giving them an edge over competitors.
- Government Support: Around the world, governments are offering support to sustainable and responsible businesses. Companies doing good often benefit from friendly policies, grants, and fewer regulations. This is a real advantage for those working with UK business listing services or Asia Pacific M&A advisor networks.
- New Ideas and Market Leadership: Solving big social or environmental problems requires new thinking. These solutions can create brand-new markets or change old ones, leading to fast growth and high profits. This is a key focus of our business scaling insights.
Finding companies that can generate ‘Impact Alpha’ requires a clear investment plan. It means doing careful research, using tools like the CARE framework, to check both financial health and real-world impact. Our investing approach connects investors to unique deals where profit and purpose work together. This modern strategy helps our clients build global connections and partnerships for exceptional results.
How to Access and Evaluate Impact Venture Capital Deals
Building Your Network to Access Exclusive Impact Deal Flow
Getting exclusive impact venture capital deals requires a proactive strategy. The usual ways of finding deals are often unclear, which limits opportunities for smart investors. My Access Engineering methodology is key to getting around these traditional barriers.
Building a high-quality investor network is essential. This network is about strategic connections that lead to real deals, not just the number of contacts. Here are key steps to build your influence:
- Engage with Curated Communities: Look for private investor groups and programs for sophisticated investors. They often host networking events where you can make real connections.
- Connect with Sector Leaders: Build relationships with founders, experienced impact investors, and industry specialists. Their insights are priceless, and they can often lead you to exclusive deals.
- Target Impact Hubs: Get involved with impact-focused incubators, accelerators, and innovation hubs. Many new impact startups first look for funding in these places.
- Leverage Geographic Networks: The Singapore entrepreneur network and the Dubai investor community, for instance, are active hubs for impact innovation. Growing your global investor network can open up new opportunities.
- Focus on Value Exchange: Share your expertise and contacts with the network. A smart investing approach is built on mutual value. This turns contacts into true partners.
This focused strategy turns your network into a powerful tool for generating returns. It provides direct access to high-quality impact deals, often before the public knows about them. This kind of exclusive access is a key part of successful investing.
Applying the CARE Framework for Due Diligence on Impact Startups
Good due diligence is essential for impact investments. My CARE Framework provides a clear, structured method. It ensures a full review that goes beyond standard financials, combining a tough financial review with an impact assessment. CARE stands for:
- C – Commercial Viability: Examine the business model closely. Can it be profitable without relying only on donations? Look at the market size, competitors, and how it will make money. A strong business model helps the company’s impact grow over time.
- A – Aligned Impact: Check the core mission. Does the startup solve a real social or environmental problem? Look at how clearly its impact is defined and measured. This means checking their impact data and avoiding “impact washing,” where claims of social good are not backed up [6].
- R – Risk Mitigation: Look at all types of risk. This includes risks in operations, the market, regulations, and reputation. Understand if the management team can handle challenges and adapt. Strong businesses are needed to protect both your money and the company’s mission.
- E – Exit Strategy: Know how you will get your money back. How will the investment pay off? Common paths include sales managed by M&A advisory services or a collaborative IPO strategy for larger companies. A clear exit plan is vital for any serious investor.
This complete framework offers a smart way to invest. It helps ensure that your investments create both strong financial returns and real, measurable social or environmental good. This full picture is key to confirming good impact investment opportunities.
Identifying Scalable Solutions vs. Niche Projects
Not all impact startups have the same potential to grow. Smart investors need to tell the difference between ideas that can grow big and smaller projects with limited reach. You should focus your investments on startups with high growth potential.
Scalable solutions solve big, widespread problems. They often have business models that can be copied and used in new markets. These startups promise good financial returns and can create a large positive impact. Niche projects, while useful in one area, often cannot grow much bigger.
When evaluating a company, consider these key factors:
- Market Size and Potential: Look at the total possible market for the solution. Does it solve a problem for millions of people, or just thousands?
- Replicability and Adaptability: Can the solution be easily copied in different places or situations? Strong international entrepreneur networks look for these flexible models.
- Technological Leverage: Does the startup use technology to be more efficient and reach more people? Technology is a powerful tool for scaling a business.
- Team’s Scaling Experience: Review the management team’s history of growing businesses. Can they handle the challenges of fast growth and avoid common scaling problems?
- Growth Funding Readiness: Is the company set up to attract major funding for growth? Startups aiming for M&A advisory services or a collaborative IPO strategy are usually built for scale.
As an Asia Pacific M&A advisor, my role often involves finding these high-potential companies. These are the startups with clear business exit strategies and the power to create real change. Focusing on scalability helps your investments bring both large financial returns and widespread positive change.
What is the difference between CVC and IVC?
Strategic Goals: Corporate Venture Capital (CVC)
Corporate Venture Capital (CVC) is when large companies invest in young startups. The main goal isn’t just to make money. Instead, CVC focuses on investments that fit the parent company’s larger strategy. These goals go beyond simple profit.
CVC helps bring new ideas into the parent company. It gives the company access to new technology and markets. CVC investments can also create a list of potential companies to buy later. This helps large companies stay competitive in fast-changing industries [7].
Entrepreneurs and investors need to understand what drives CVC. This knowledge can lead to powerful partnerships, opening doors that are usually closed. Such partnerships help businesses grow quickly and prove their value. Our Access Engineering approach helps connect growing companies with this type of strategic funding.
- Market Intelligence: Gaining insights into emerging trends.
- Innovation Access: Integrating disruptive technologies.
- Talent Acquisition: Attracting entrepreneurial talent.
- M&A Pipeline: Identifying future acquisition opportunities.
- Ecosystem Building: Strengthening industry positioning.
Mission-Driven Capital: Impact Venture Capital (IVC)
Impact Venture Capital (IVC) has two goals. It aims for strong financial returns and a positive, measurable impact on society or the environment. This focus on a mission makes IVC different from traditional venture capital. It’s not just about avoiding harm, but actively doing good.
IVC funds invest in companies that can solve big global problems. Many of these problems are outlined in the UN Sustainable Development Goals (SDGs). This type of investing attracts private investors who want to build wealth and make a difference.
Investors interested in IVC need to look at deals differently. We carefully check both the financial health and the real-world impact of a company. This makes sure the investment creates positive change and delivers solid returns. Getting a board seat at an impact company is also a great career move. You can help guide the business and its mission.
- Dual Mandate: Financial return alongside social/environmental impact.
- Impact Measurement: Rigorous tracking of positive outcomes.
- Scalable Solutions: Focus on ventures addressing systemic problems.
- Ethical Alignment: Attracting purpose-driven capital.
- Long-term Vision: Supporting sustainable growth and mission.
Comparing Investment Thesis, Timelines, and Success Metrics
To get involved, it’s vital to know how CVC and IVC differ. Both are types of venture capital, but their goals and methods are very different. Understanding this helps investors choose the right opportunities for their own goals, such as growing a business, advising on acquisitions, or building wealth with purpose. Our network of global investors works in both of these areas.
| Feature | Corporate Venture Capital (CVC) | Impact Venture Capital (IVC) |
|---|---|---|
| Primary Driver | Alignment with the parent company’s strategy. | Two goals: Financial return and measurable impact. |
| Investment Thesis | Access to innovation, market insights, and potential acquisitions. | Making a profit while solving social or environmental problems. |
| Target Returns | Focuses on strategic value, not just high financial returns. | Strong financial returns, similar to traditional VC. |
| Investment Horizon | Varies; often longer and tied to corporate goals. | Typically 5-10 years, like other venture funds. |
| Success Metrics | New products, market growth, and successful acquisitions. | Financial growth plus proven, measured social or environmental impact. |
| Value-Add Focus | Corporate resources, market access, industry expertise. | Impact networks, mission alignment, patient capital. |
Knowing the difference between CVC and IVC is key to your strategy. CVC offers a path to grow your business with the help of a large corporation. IVC lets you invest in companies that are creating real social good. A board readiness assessment can prepare you to become a director in either type of company. This allows you to lead firms to success, whether the goal is strategic growth or positive impact. Our Access Engineering method shows you how to find and use these different funding sources to secure deals and build strong partnerships.
Beyond Capital: Taking a Board Role in an Impact Venture
Why Impact Companies Need Experienced Directors
Impact companies have noble goals, but they also face big challenges. These challenges are often tougher than those of normal businesses. That’s why they need experienced directors on their boards. These leaders do more than just watch over the company. They provide sharp business skills and strong governance, which are key for long-term growth.
An experienced board also helps a company grow without losing its way. This prevents “mission drift.” It ensures the company stays true to its purpose while also becoming profitable. Directors give vital advice on entering new markets, working more efficiently, and spending capital wisely. This is crucial for managing impact venture capital.
A strong, experienced board also makes investors more confident. It shows the company is well-run and has a clear plan for impact and profit. This can attract more funding. For instance, companies with diverse boards often perform better financially [8]. Experienced directors are essential for turning big ideas into real, scalable solutions.
Leveraging Your Expertise to Guide Growth and Mission
Joining the board of an impact company is a unique opportunity. Skilled entrepreneurs, senior executives, and private investors can use their proven skills to help. This creates real social or environmental good. Your expertise in areas like planning, finance, operations, or global markets is extremely valuable.
You can help the company grow in several key ways:
- Strategic Scaling: Advise on how to grow the business. Make sure growth plans meet both profit and impact goals.
- Financial Acumen: Ensure good financial management and smart fundraising. Guide the responsible use of impact venture capital.
- Market Expansion: Use your international network to open new markets. This includes connections in places like Singapore or Dubai.
- Operational Excellence: Set up strong systems to make the company more efficient. Do this without harming its core mission.
- M&A Advisory: Offer advice on mergers, acquisitions, or going public. Help position the venture for major growth or a successful exit.
This active role is more than just oversight. It builds your professional reputation. You become a key part of the company’s success and its lasting impact. It’s a way to use smart business strategies to do good in the world.
Securing a Board Appointment in the Impact Sector
Getting a board seat at an impact company requires a plan. A great resume is not enough. You must clearly explain how your business skills will drive both profit and measurable impact. This is a focused way to advance your career.
Follow these steps to position yourself well:
- Identify Aligned Ventures: Find companies that are a good fit. Research impact investors and the businesses they support. Focus on sectors that match your experience and values.
- Refine Your Value Proposition: Clearly state what you offer. Explain how your skills solve a company’s specific problems. Show your value by highlighting your Credibility, Accomplishments, Relevance, and Engagement.
- Strategic Networking: Network with a purpose. Connect with people in the impact investing world. Go to key events and use your global contacts for introductions. Methods like Callum Laing’s Access Engineering can help you reach these exclusive circles directly.
- Demonstrate Impact Understanding: Show you understand impact. Learn about how impact is measured and reported (like ESG). Be ready to discuss how you would improve a company’s impact governance.
- Board Readiness Assessment: Check if you are ready for a board role. An assessment can find any gaps in your profile or experience. This ensures you are prepared for director opportunities.
- Leverage Expert Guidance: Think about getting expert help. A board appointment consultant can give you a clear roadmap to find board seats, both in the UK and internationally.
By thinking like an investor and building smart partnerships, you can find a meaningful board role. These roles let you use impact venture capital to create major change. You can build wealth and make a difference at the same time.
Frequently Asked Questions
Who owns the impact investment group?
Impact investment groups have various owners. Knowing who owns them is key for investor network building and finding exclusive deals.
- Private Funds: Most impact venture capital (IVC) firms are private funds. General Partners (GPs) manage them. Limited Partners (LPs) provide the money. LPs are often sophisticated investors, family offices, or large institutions [9].
- Corporate Venture Capital Arms (CVC): Large companies may create their own IVC arms. The parent company usually owns them. Their investments often match the company’s sustainability or business goals.
- Foundation-Backed Entities: Foundations sometimes start or fund impact investment groups. These groups aim to make money while also doing social good.
- Publicly Traded Companies: It’s less common, but some public companies have their own impact investing teams.
The ownership structure affects how a fund is run and what it invests in. If you are involved in entrepreneurial investing, knowing a fund’s backers shows you its long-term goals and potential for new partnerships.
What are the primary sectors for social impact venture capital?
Social impact venture capital focuses on areas where new ideas can create profit and positive change. These sectors are often growing fast. They are ready for business scaling strategies and new market approaches.
- Clean Energy and Climate Technology: This includes renewable energy, clean tech, and green transport. These investments fight climate change and help use resources wisely.
- Sustainable Agriculture and Food Systems: This area focuses on cutting food waste and improving food security. It also includes sustainable farming and plant-based foods. The goal is to build a stronger food supply system.
- Healthcare Access and Equity: This supports affordable medical tests, online health services, and new medicines. The goal is to give more people fair access to good healthcare.
- Education Technology (EdTech): This covers online learning, job training, and digital skills. EdTech aims to close gaps in education and help students succeed.
- Financial Inclusion: This helps people with little or no access to banking. It includes microloans, digital payments, and new credit systems. This work helps people improve their financial standing.
- Circular Economy and Waste Management: Companies focus on cutting waste, improving recycling, and using sustainable materials. This uses resources more efficiently and reduces harm to the environment.
These sectors offer big opportunities for company growth funding. They attract global investor connections who want to make a profit and a difference.
How is ‘impact’ measured and reported to investors?
Measuring and reporting impact is a key part of impact venture capital. It proves the fund is meeting both its financial and social goals. There is no single standard, but many strong frameworks are used.
- Establishing a Theory of Change: Each investment starts with a “Theory of Change.” This plan explains how the company’s work will create a specific positive change.
- Utilizing Standardized Metrics: Firms often use frameworks like IRIS+ from the GIIN (Global Impact Investing Network) [10]. These offer standard ways to measure impact. Reporting is also often linked to the UN Sustainable Development Goals (SDGs).
- Key Performance Indicators (KPIs): Each company has clear Key Performance Indicators (KPIs). These are specific, measurable goals. They may include:
- Number of beneficiaries reached.
- Tons of CO2 emissions reduced.
- Jobs created or sustained, especially for marginalized groups.
- Improved learning outcomes.
- Access to financial services for new customers.
- Regular Reporting: Investors get regular impact reports with their financial updates. These reports show progress on KPIs. They also share stories about the company’s impact.
- Third-Party Verification and Certifications: Some companies get checked by outside groups or earn certifications like B Corp status. This makes their impact claims more trustworthy and clear [11].
Investors and board members should use the CARE framework when reviewing impact startups. It helps check how well a company measures its impact. This careful review is a key part of the Access Engineering methodology for finding a company’s true value.
Sources
- https://thegiin.org/impact-investing/what-is-impact-investing
- https://www.unpri.org/about-us/what-is-responsible-investment
- https://thegiin.org/research/publications/giin-investor-survey-2023
- https://thegiin.org/impact-investing/
- https://thegiin.org/irrs-a-new-tool-for-comparing-financial-returns-and-risks/
- https://thegiin.org/impact-measurement-management
- https://hbr.org/2018/06/the-strategic-logic-of-corporate-venture-capital
- https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/diversity-wins-how-inclusion-matters
- https://thegiin.org/
- https://iris.thegiin.org/
- https://www.bcorporation.net