From day one, our theory of change has posited that investing in the leadership development of a social entrepreneur will result in enterprise growth, and ultimately exponential social impact.
We’ve always told this story, but it’s been challenging to measure and back up our hypothesis, until now. We recently partnered with Emory University and the Global Accelerator Learning Initiative (GALI) to complete a study funded by the Kauffman Foundation on the impact of our Fellowship.
Can we establish a link between our strategic activities and expected outcomes in leadership development, enterprise growth and social impact?
– Global Good Fund Fellows outperformed the benchmark peer group that are part of GALI in the categories of revenue, equity, and philanthropy.
– Global Good Fund Fellows reported an average uptick of $97,800 in funds after one year compared to the GALI report average of $47,900.
– Global Good Fund Fellows highly value access to social capital, ranking attendance at The Global Good Fund Annual Summit and access to leadership coaching as the most valuable resources of the Fellowship.
The study was led and conducted by professors at Emory University’s Goizueta School of Business. 17 Global Good Fund Fellows from the 2016 and 2017 cohorts participated in the study, evenly split between those based in the U.S. and emerging markets.
We’re excited to share these findings with you – our community of passionate dreamers and doers who have been there every step of the way. Our work is working, and we promise to continue investing in the brilliant young innovators who are pushing humanity forward.