SDG Projects and Startups finding it hard and scaleup with VC money.
We identified another pain-point involving startups focusing on SDG’s or social good and not being investment ready for bigger size VCs or traditional investors, which seems to be a challenge.
Daniela Kandel who is a Consultant at Dessa Consulting explains:
Impact investment is not new, and a lot of their methodologies and work could be leveraged into the VC and innovation space to better assess the risks and ROIs, including climate solutions.
Amra Naido co-founder of Accelerating Asia explains:
Having businesses that do good is commendable, but at the same time scaling their impact, and having a venture hackable business seems to be a challenge for many companies.
Elizabeth “Rice” Raisa Chief Empath Officer at TEGAR Foundation explains:
My project is more focused on the people side and SDGs, and many commercial-driven VCs would ask, where is your ROI? Making it challenging coming from a public health perspective, and don't see a commercial value just yet.