The Berlin-based organisation turns philanthropy into patient business loans and helps corporations buy from social enterprises. Its toughest lessons begin when the money stops moving.
At Santa Clara University, Miller Center pairs social entrepreneurs with executive mentors, then helps bridge the gap between a workable business and money to grow. Its next test is making that support last beyond graduation.
For 25 years, Acumen has financed the awkward stretch between a promising idea and a market that works - pairing risk-tolerant capital with leaders willing to build for communities most investors overlook.
Cotopaxi is a Salt Lake City outdoor gear and apparel brand built as a certified B Corporation around the promise of 'Gear for Good.' Founded in 2014 by Davis Smith, it makes colorful, durable backpacks, travel packs and jackets - including the one-of-a-kind Del Día packs sewn from remnant fabric - and channels 1% of revenue into the Cotopaxi Foundation to fight extreme poverty, largely in Latin America. Selling direct-to-consumer, through wholesale partners and a growing base of retail stores, Cotopaxi has grown past $150M in annual revenue while positioning purpose as central to the business rather than an afterthought.