Social entrepreneurs are applying commercial strategies to transform the world for the better, and while their work may focus on maximizing social impact rather than profits for external stakeholders, their challenges often remain business challenges. Changing systems for the better therefore requires collaboration between different stakeholders to establish new ways of interacting and learning from one another. “Experiencing Social Entrepreneurship” is a partnership for change that matches J.P. Morgan mentors with Ashoka Social Entrepreneurs. This unique program is aimed on one side at supporting leading innovators to tackle their most pressing organization issues, and on the other at engaging J.P. Morgan employees to discover the world of social entrepreneurship and the power of cross-sector collaboration.
Launched in 2016, “Experiencing Social Entrepreneurship” is an annual program that matches social entrepreneurs from Ashoka’s network of Fellows with teams of mentors from J.P. Morgan. During the 6-month mentoring journey, J.P. Morgan employees assist the social entrepreneurs, helping them design solutions to their most pressing challenges and enhance their impact and growth strategy.
Ashoka and J.P. Morgan have been running this joint program for 4 years. Starting in 2016 and throughout the past 3 years, 40 social entrepreneurs have received the support and insight of over 100 J.P. Morgan employees. Furthermore, every year over 25% of mentors from J.P. Morgan renew their experience. Finally, three months after the end of the 2018 program, over 50% of social entrepreneur mentees stated that they were more confident with their financial sustainability and 70% that they were able to work on the financial model or business approach.
In 2019, the program focuses on supporting SE who are scaling and replicating to new geographies. Coming up with innovative solutions to a social problem is a first great step, but the journey for a Social Entrepreneur doesn’t end there. Social entrepreneurs face different challenges along their growth curve, and a major one is achieving greater scale by expanding their model and adapting it to other countries. Over the past 3 years, almost half of the challenges faced by social entrepreneurs who participated in the “Experiencing Social Entrepreneurship” program were linked to scaling to new markets, and J.P. Morgan has proven to be a unique partner to help mentees overcome such challenges.
Social entrepreneurs who participated:
National organisation for the benefit of children with and without disabilities, promoting inclusion.
Not Guilty for Family Development
Not Guilty works to abolish sexual abuse of Egyptian children through training, media and education.
Shamseya - for innovative community healthcare solutions
Innovative healthcare solutions based on participatory research and evidence-based practices.
Safarni offers platforms for children to connect with diversity through simulated travel experiences.
Children of female prisoner`s association
A first-of-its-kind non-governmental organization in Egypt with the aim of saving the female prisoners who have been put behind bars because of poverty-related offenses such as their inability to pay the meager installments for a piece of equipment.
ASDAA' Association for Sophisticating the Deaf
ASDAA' is a NGO special for Deaf and hard of Hearing empowering and supporting them in Education, Health services, Job opportunities and their Human rights
Human Rights, Education
Elie Abou Saab
Jouwar addresses the government’s responsibility to reduce vehicle accidents, instead of blaming accidents on the behaviour of citizens.
atempo creates job opportunities for people with disabilities and learning difficulties by advertising social franchising in the NGO sector.
Education, Civic Participation
Maïa works on four topics: the promotion of girls' education, sexual and reproductive health, vocational training and the development of income-generating activities for women from predominantly rural areas.
Education, Economic Development
Green Hand Organization
GHO is a community based NGO, that works towards conservation of biodiversity, aiming at establishing the first botanical garden in Lebanon for native taxa in a highly interactive and sustainable process.
Civic Participation, Education
VI creates data visualizations to highlight social issues globally, with a focus on the Middle East and North Africa.
GovRight aims to reduce the gap between governments and people by building online tools to engage citizen participation.
Mohammed Abu Amerah
Harra is a non-profit organisation, a communal mobilization movement dedicated to community organization and development of underserved neighbourhoods in Jordan.
Education, Civic Participation, Economic Development
foraus (Swiss Forum on Foreign Policy) generates independent, high quality recommendations for Swiss foreign policy decision makers and the public, thereby bridging the gap between academia and politics.
Impact Skin Health and Appearance – ISHAAC
Patient-centered independent social lab that brings interested creative minds together in a center to address systemic challenges and to promote a life course of Skin Health and Appearance Challenges while inspiring, empowering and establishing active support groups and enhancing psychosocial needs, mental and social well-being of skin patients and the appearance challenged primarily in sub-Saharan Africa.