Social impact ventures constitute a small but growing portion of the startup world. Despite this relatively tiny market segment, startups in this sector are reversing some of the most glaring problems faced by communities through market-based solutions.
By looking past the shareholders, norms are challenged and noticeable benefits are being brought to the environments around them. Here are 3 promising social startups tackling complex issues and generating noticeable social impact, one user at a time.
Their mission: Pobble gives teachers a safe and educational online platform to showcase student work.
Why they are cool: Pobble is a global literacy initiative for primary school teachers, students and parents. It extends the traditional four walls of the classroom to create an on online space where all three groups can interact and review material, all while linking to other classrooms around the world and keeped parents looped in. Teachers are able to inspire their classes through student showcased work. Pobble is on a global literacy mission to inspire even the most reluctant students. What’s not to love about this?
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Bridge for Billions
Their mission: Bridge for Billions aims to connect entrepreneurs located in developing countries with highly skilled professionals seeking mentorship and volunteering opportunities.
Why they are cool: The act of volunteering is often obstructed by ineffective, minimally fulfilling, and infrequent initiatives that do not fit the specific interests or skills of participants. At the same time, untrained entrepreneurs around the world are trying to lift families out of poverty by starting small businesses. Bridge for Billions attempts to solve these two problems by boosting the CSR programs of global companies. It enables large firms to offer skill-based volunteering opportunities to pre-screened, early-stage entrepreneurs lacking access to traditional support networks.
Their mission: Agora is a cloud-based, digital manager of charitable capital. This venture seeks to pair those wanting to donate with proven, high-impact charities.
Why they are cool: Giving donations can be surprisingly tricky with the lack of trusted intermediaries. Agora is seeking to reverse this. With more than $1.5 trillion given to charity each year, Agora makes donating easy and transparent with sophisticated algorithms to match every client with a customized portfolio of high-impact charities. This social startup caters to individuals as well as corporations, creating unique lists of potential charities that have already been pre-screened for proven results.
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