Social entrepreneurship
We chose social entrepreneurship as the focus for our major
grant giving as it is the logical extension of what we do
commercially and builds on our history of support in that area,
most notably as one of the founders of Bridges Ventures. It is also
an area where some of our Trustees have significant experience.
How we select the charities and social enterprises we fund
The Apax Foundation's Trustees consider these issues in reaching
a funding decision
-
1
Does the organisation focus on social
entrepreneurship?
We define this as helping people in deprived communities to become
self-sufficient by setting up their own businesses
-
2
Is the charity's work on the 'front line' or more
removed (e.g. in an area such as research)?
Our preference is for 'front line' operations although we do fund
social entrepreneurship at leading business schools
-
3
Does the charity operate in one of Apax Partners'
regions?
-
4
How many beneficiaries will be reached by the charity's
programmes?
-
5
Does the organisation have a strong, stable management
team, and good internal processes?
-
6
Is there strong involvement from a member of our team or
someone we are close to?
-
7
Will our donation fund something that will bring
long-term benefits?
Funding decisions are made by the Apax Foundation's
Board of Trustees, which meets quarterly The Apax Foundation has a
balanced portfolio with a mix of start-ups and large, established
organisations
Social entrepreneurship - current portfolio
|
Charity
|
Grant period
|
Country
|
|
Ashoka
|
3 years: 2008-10
|
Germany
|
|
Bridges Social Entrepreneurs Fund
|
3 years: 2008-10
|
UK
|
|
Emmaus
|
3 years: 2008-10
|
UK
|
|
Achievers International
|
3 years: 2008-10
|
UK/International
|
|
Mosaic
|
3 years: 2008-10
|
UK
|
|
INSEAD Social Entrepreneurship Programme
|
2 years: 2009-10
|
France/Singapore
|
|
Grameen America
|
3 years: 2009-11
|
US
|
|
Millennium Promise
|
3 years: 2009-11
|
Africa
|
|
London Business School
|
1 year: 2010-11
|
UK
|
|
Bromley by Bow Community Centre
|
2 years: 2010-11
|
UK
|
|
Non-Profit Incubator
|
3 years: 2010-12
|
China
|
|
Shivia
|
3 years: 2010-12
|
India
|