KSPI 1 - Delivering impact through social investment
SIS Ventures believes that Mission-led Businesses exist across a spectrum of business models. Unlike traditional Social enterprises, these companies are able to distribute all of their profits to investors but understand that a positive mission can lead to better company and societal outcomes.
The fund will focus on mission-led businesses with the following outcome areas:
- Employment, training and education
- Citizenship and commmunity
- Physical and mental health
- Conservation of the natural environment
Social outcomes will be measured and results reported to Investors on an annual basis, providing information on the impact created by Investee Enterprises and the difference your investment has made. The Manager will imbed social impact objectives through the provision of a Social Impact Term Sheet provided to each potential Investee Enterprise before execution.
Showcase mission-led business - Brewgooder
Brewgooder aims to provide clean water for one million people in developing countries through the power of craft beer by donating 100% of their profits to clean water charities.
Founded in early 2016 with a passion for craft beer and mission to help people, Brewgooder commenced a collaboration with BrewDog, who brew their beer at zero margin. Soon they were backed by almost 1,000 individuals and over 30 bars, bottleshops and restaurants and started brewing their first can of Clean Water Lager.
From October 2016, Asda stores have sold the Clean Water Lager. The Co-Operative has also stocked Brewgooder’s product in 90 branches nationwide since late 2017. Most recently (March 2018), Brewgooder have landed a £62k contract with Aldi to sell their lager in 78 Scottish branches over the next six months. All profits from each sale go towards helping to deliver clean water projects.
Since their establishment, Brewgooder have helped fund 60 projects for over 33k people in Malawi and continue to work towards their mission to sponsor clean water charities in developing countries and impact one million people.