Venture characteristics (n = 12)
| Variable | Frequency | Percentage |
|---|---|---|
| Which sector would you consider your startup to have the most impact in? | ||
| Education | 4 | 20.0% |
| Healthcare | 4 | 20.0% |
| Environment | 11 | 55.0% |
| Social justice | 1 | 5.0% |
| Sustainable development | 10 | 50.0% |
| Social inclusion/goodwill | 4 | 20.0% |
| Other | 14 | 70.0% |
| What is the social impact of your startup on your customers? | ||
| Direct | 5 | 25.0% |
| Indirect | 1 | 5.0% |
| Both | 14 | 70.0% |
| How would you define the social impact of your venture? | ||
| Significantly improved access to essential goods/services for underserved | 12 | 60.0% |
| Your solution improves lives of beneficiaries (ex: enhanced healthcare, better access to income) | 7 | 35.0% |
| Created meaningful employment and/or income opportunities for disadvantaged individuals | 12 | 60.0% |
| Implemented innovative solutions to address critical environmental/social challenges | 14 | 70.0% |
| Fostered greater community engagement and empowerment in neglected areas | 7 | 30.0% |
| Combination of the above (the venture has had a multifaceted social impact) | 9 | 45.0% |
| Variable | Frequency | Percentage |
|---|---|---|
| Education | 4 | 20.0% |
| Healthcare | 4 | 20.0% |
| Environment | 11 | 55.0% |
| Social justice | 1 | 5.0% |
| Sustainable development | 10 | 50.0% |
| Social inclusion/goodwill | 4 | 20.0% |
| Other | 14 | 70.0% |
| Direct | 5 | 25.0% |
| Indirect | 1 | 5.0% |
| Both | 14 | 70.0% |
| Significantly improved access to essential goods/services for underserved | 12 | 60.0% |
| Your solution improves lives of beneficiaries (ex: enhanced healthcare, better access to income) | 7 | 35.0% |
| Created meaningful employment and/or income opportunities for disadvantaged individuals | 12 | 60.0% |
| Implemented innovative solutions to address critical environmental/social challenges | 14 | 70.0% |
| Fostered greater community engagement and empowerment in neglected areas | 7 | 30.0% |
| Combination of the above (the venture has had a multifaceted social impact) | 9 | 45.0% |
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