Jake, a 21-year-old college student in Los Angeles, invests $30 on the social enterprise platform 33needs to support William, a 21-year-old entrepreneur in Malawi with an idea to provide wind energy across Africa. 33needs allows entrepreneurs like William to post funding needs for their social ventures and investors like Jake to directly invest small amounts to support those ventures in exchange for a share of future revenues. This model aims to fund 100 million solutions to global problems like access to clean water, education, and sustainable food by directly connecting investors with entrepreneurs addressing social and environmental needs.
26. Number of social enterprises 33needs will fund by year four: Number of ventures (social or otherwise) funded by more than 100 people during the previous 70 years: