- "Knowing is not enough; we must apply. Willing is not enough; we must do." -- Johann Wolfgang van Goethe
Selection into Agora’s Impact Accelerator is highly competitive and based on the following criteria:
Management must have a demonstrated track record in business (success and failure), history of ethical conduct, and the potential and desire to become a successful impact entrepreneur. We look for the managerial skills and vision needed to grow a thriving business, as well as a multi-stakeholder approach to value creation that benefits shareholders, employees, customers, future generations, and the environment. We are seeking entrepreneurs who want to help build a more sustainable model of capitalism.
We take a venture capital approach to assessing the merits of the business case, looking particularly at the people, the opportunity, the external context, the risks, the potential returns and exits for investors.
Companies with the strongest management and business cases (and thus, the strongest chances for success) are reviewed for their relative social impact. Impact includes creating and sustaining productive jobs, community involvement, social benefit of products or services, developing local value chains, and environmental sustainability.
Entrepreneurs who participate in our Impact Accelerator:
Impact Accelerator entrepreneurs must have:
Once accepted into the program, a certain level of commitment is necessary on the part of the entrepreneur in order to accelerate the impact company to its peak potential. Participating entrepreneurs agree to the following, when needed: