Social and impact enterprises
Within the universe of potential private sector partners, Social and Impact Enterprises (SIEs) – those enterprises with an intention to solve a social or environmental problem – are a natural ally for actors like SDC to achieve development outcomes.
There are several reasons that make working with SIEs particularly interesting. There is an explicit alignment of vision and commitment to address a development challenge, when compared to other private sector partners. SIEs strive to be profitable and are sustainable beyond SDC support, when compared to not -for profit partners. They can therefore achieve high impact in a cost-effective way for SDC, since support is only supplemental and short -term. They can also promote highly innovative ways of achieving SDGs which can stimulate learning at SDC.