Impact entrepreneurship
Impact entrepreneurs are purposefully driving progress toward the UN Sustainable Development Goals (SDGs). From digital tools to long-term capacity building services, we are extending the value of EY knowledge to help their life-changing businesses achieve greater scale and impact.
What EY can do for you
Underscoring the EY Ripples vision to positively impact one billion lives by 2030 is the belief that a better working world is one where everyone can contribute to and share in the benefits of sustainable inclusive growth.
With billions of people still excluded from access to decent work, opportunities, and goods and services, a special breed of innovators we call “impact entrepreneurs” are coming up with better answers to global problems and driving progress toward the UN Sustainable Development Goals (SDGs).
We extend the value of EY knowledge to provide a range of services to help impact enterprises scale and bolster their success.
EY professional services
EY professionals work with impact entrepreneurs in-person or virtually, offering support to help improve their businesses’ resilience, productivity and capacity to scale sustainably. Over 500 projects with impact enterprises have been completed in over 60 countries, focused on scaling and promoting off-grid renewable energy, clean water and sanitation, sustainable products, gender equality and other SDG-aligned missions. Interested impact enterprises can request more information and apply for EY professional services support here.
Skills development and coaching
EY collaborates with leading impact investors and entrepreneurship networks, to provide a variety of skills development and coaching programs for impact entrepreneurs. These typically feature a combination of practical training, peer discussion, and individual or group coaching. Designed with the busy entrepreneur in mind, coaching programs focus on common barriers to growth and range from half-day workshops to recurring monthly sessions.
The work EY does to help social enterprises scale their businesses and grow their impact can be truly catalytic. It’s encouraging to see a professional services organization like EY leading on this important work.
Digital tools and resources
Self-service tools to support impact entrepreneurs at every stage of their journey:
- EY and Tech Nation have collaborated to provide free online courses for tech for good entrepreneurs through the Digital Business Academy
- EY Finance Navigator is an online financial modelling software specifically designed for start-ups; impact start-ups qualify for a 75% discount
- EY Velocity is a free digital platform that enables ambitious entrepreneurs to understand the drivers of growth for their businesses
- Developed by Unilever, the UK Foreign Commonwealth and Development Office (FCDO) and EY, TRANSFORM Survive & Thrive is a collaborative platform to inspire, support and connect impact enterprises whose futures are threatened by COVID-19
EY teams also develop webinars and recorded coaching sessions for impact entrepreneurs – meaning anyone with internet access can benefit from EY guidance.
Collaborating for scale
We believe that SDG #17, “Partnerships for the Goals,” is the key to unlocking all the Sustainable Development Goals. EY collaborates with leading organizations such as Acumen, Unreasonable, Impact Hub and Endeavor, as well as with EY clients including Unilever, the World Bank and SAP, to help impact enterprises scale. By embedding an impact focus within EY programs and creating a global mentoring community of alumni, EY teams extend the value of the EY Entrepreneur Of The Year™ and EY Entrepreneurial Winning Women™ to impact entrepreneurs as well.
Impact entrepreneurs are already changing millions of lives by making it their business to tackle social and environmental challenges. By working with them and collaborating with others, EY professionals are, helping them to impact millions more.
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