We aim to support social entrepreneurs drive growth for their businesses without losing sight of their impact. Through the Social Impact Accelerator, we provide highly scalable social entrepreneurs access to markets, talents, capital, and guidance. 

Who qualifies

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SOCIAL IMPACT

We're looking for ventures that are impact-driven at its core, offering innovative solutions to our country’s most pressing challenges and the 17 SDGs. Social enterprises must have a clear business strategy and execution plan anchored on its desired impact targets.

POTENTIAL FOR SCALE

Social enterprises must be able to show proof and integrate plans of innovative use or application of technologies to drive growth. They must have at least a minimum viable product or an early product demonstrating its core innovation.

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VALIDATED BUSINESS MODEL

Social enterprises must have achieved proof of concept, with a validated business model and some form of traction or revenue. B2B startups, must have undergone product-market validation by at least 2 confirmed clients, letter of intents, POC’s or booked sales. B2C startups must have annual revenues of at least USD 10,000.  

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ESTABLISHED OPERATIONS

The company must already be legally registered as a corporation under the Securities and Exchange Commission (SEC).  If the business is currently registered under DTI, the company must agree to convert into corporation within the program duration. The company must have at least one year of operations.

What we offer

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TAILORED MENTORSHIP FROM BUSINESS LEADERS

Receive topnotch mentorship from some of the most prominent thought leaders in business, technology, and international development! We'll match you with the best mentors to help you overcome key challenges in your entrepreneurship journey. See our list of mentors here.

NETWORK SUPPORT & BUSINESS MATCHING

Drawing from the combined network of PhilDev, UNDP, and DFAT-Australia, we help create meaningful connections to fully support the growth of social enterprises in the Philippines. Our vast network includes corporations, funders, higher education institutions, business associations, nonprofits, government agencies, and ecosystem builders.

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INVESTOR ROUNDTABLES & MEETINGS

Capital remains to be one of the biggest challenges social entrepreneurs face. Through the Social Impact Accelerator, social enterprises get to regularly meet with investors and financial institutions to explore opportunities for social investment and funding.

IMPACT MEASUREMENT TOOLS & TRAINING

We believe that the most effective social entrepreneurs and innovators are those who hold themselves accountable for the impact they create and make a conscious effort to measure their impact. We work with Business Call to Action, to be able to provide a framework on how to effectively measure impact.

Entrepreneurship LECTURE SERIES AND WORKSHOPS

The first two months of the accelerator will focus on building the capacity of social entrepreneurs on key topics such as Impact Strategy, Company Building, and Fundraising for Social Investment. We've invited international experts to deliver these lectures and workshops.

PITCH KARAOKE SESSIONS & DEMO DAY

Every month, we will be holding Pitch Karaoke sessions for social enterprises to practice and refine their pitch presentations. Sessions are closed events for selected startups and their mentors, who will be able to give advice on how to deliver an effective pitch and win over investors.

FREE LEGAL & MANAGEMENT ADVISORY SERVICES

Navigating through the legal and governance aspects of a business can be tricky, especially in the Philippines. Admitted social enterprises will have access to free legal assistance and services, as well as management advisory services such as tax, audit, and compliance consulting.

FREE USE OF COWORKING SPACE & FACILITIES

We offer selected social enterprises free use of coworking space and facilities at our partner venue.

Impact Tracks

Using the Sustainable Development Goals (SDGs) as our main framework, we've clustered the SDGs and identified 12 impact tracks for you to classify your social enterprise.

Inclusive & RESILIENT Communities

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Ensure development of rural areas and cities are inclusive, safe, resilient and sustainable with innovative infrastructure and transportation systems in place

Responsible Production & Consumption

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Mindful and sustainable practices in sourcing and manufacturing goods that minimize our ecological footprint and uphold human rights for all stakeholders in the value chain

Water, Sanitation & HYGIENE

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Enable affordable access to enough safe water for consumption, sanitation, and hygiene

Gender Equality

Empower women and girls and achieve gender equality

Food Security

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Source sufficient and safe food, while limiting waste and ensuring proper nutrition for all

Innovative Finance

Reach unbanked and underserved individuals through innovative and accessible finance products that promote inclusion and economic empowerment

Learning & Education

Provide access to affordable, inclusive, and equitable quality education and learning opportunities for all

The Future of Work

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Contribute to inclusive and sustainable economic growth through increased productivity and decent work, leading to better quality of life

Humanitarian Action

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Develop affordable, scalable, and accessible solutions to humanitarian crises and build resilient communities

Environment & Energy

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Responsible interventions that protect our natural resources and minimize negative impact on the planet, including innovations in harnessing affordable, clean, and renewable sources of energy that do not endanger life on land and on water

Medicine & Healthcare

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Promote affordable and accessible quality products and services for health and well-being

Sustainable Agriculture

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Innovating agriculture tools, systems, and practices while reducing negative impact on the planet and improving quality of life for communities of farmers and fishers

Timeline

Questions?

We've got answers. Refer here for a list of our FAQs and answers.

Read through our Terms and Conditions for a more detailed overview of the Social Impact Accelerator.

Application process

Applications for the 2018 intake of the Social Impact Accelerator are now closed. Thank you to everyone who submitted their applications. While we would like to support as many social enterprises as possible, we regret to inform you that only shortlisted applicants will be contacted.


Want to know if your social enterprise is a fit for the program? Get in touch with us at isip.ph@undp.org and we'll be happy to assist.