Listen, learn and let your own dreams grow as you strategize on how you can use
your business for social good and engage in genuine sustainable impact!
“We measure what we value and we celebrate what we want to reproduce.”
This page is intended to equip and inspire. While all tenants of Nexus are
required to submit year-end and mid-year impact reports as part of their
lease agreement, we have encourage coworking members to voluntary engage in impact reporting, making them eligible for our annual Impact Awards!
Hear more from Robin about how collaboration with both non-profit and
for-profit organizations on social impact can grow out of a
genuine, healthy and life-giving community
How are you embedding social impact?
Impact through Product/Supply
Offering products or services that by nature work to solve social issues like environmental remediation, or technology designed to connect people to giving or serving opportunities. It also includes providing your product or service to those who cannot afford them as a standard part of your business model like a buy one give one to someone (who can not afford the product service) model.
Impact through Giving
Giving a portion of revenues to an organization providing resources, training, or solutions to social causes, or donating products or services to nonprofits or organizations working on social issues.
Impact through Employment
Prioritizing hiring a marginalized demographic (women, minorities, homeless, disabled, previously incarcerated, etc.). Setting goals related to hiring and establishing programs to help marginalized people succeed and grow.
Impact through Supply Chain
Executing a formal program for choosing vendors by evaluating diversity, ethics, social equality and carbon footprint.
Impact through Employee Engagement
Establishing an intentional culture that fosters employee engagement in social impact. Examples include matching employee giving, offering paid time off for employee volunteering/service, and actively promoting within your staff how the company advances social impact to motivate individuals to find their own passions and areas of impact.
We believe that earned income enables you to dive into root causes to have long-term impact. Releasing you from restrictions and requirements for quick “impact” that is often expected from grants and large donors, nonprofits can engage in selling products and services, generating an ongoing revenue streams to fund longer-term solutions.
Nonprofits are generally pretty good at tracking outputs, but to achieve genuine impact that is solving social issues instead of providing temporarily relief, you must have an understanding of root causes, goals on what you are trying to change and a process to measure the longer term impact.
Free Online Resource
Theory of Change and Program Design Toolkit.
Coaching & Courses
Aspirational Business Model For-profit Businesses
Impact Stories & Awards
In 2020, every company who kept their business running, serving others and employing people should be acknowledged for grit
and providing some stability to people in our community
who depend on them.
As an added tribute to our inaugural year Impact Award Winners, these awards will carry their names in future years.