reachforchange.org
inclusion

Alumni development

Our targeted long-term outcome is that our social ventures – after they graduate from the Incubator – scale their impact to a significant share of the children in their target group. In 2017 we initiated a follow-up on how our Alumni developed after graduation, which we will continue building on in 2018.

Our Alumni have a high rate of ‘survival’

91 % of our Alumni are still in business, which is slightly higher than the median survival rate of incubated organizations (85 %*), and considerably higher than the survival rate of non-incubated organizations (43 %**).

Not only are almost all Alumni still in business; a clear majority has also continued to scale

71 % reached more children
69 % increased their revenue
68 % expanded geographically

Looking back, most Alumni consider Reach for Change as key to their development

73 % feel that Reach for Change had a considerable or huge impact on their overall development

Problem description (current situation) Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc condimentum, diam ornare iaculis luctus, diam orci porttitor massa, nec dictum tellus nisl laoreet nulla. Quisque fringilla a sem sed tristique. Aenean vestibulum vulputate elit, nec commodo enim consectetur sed. Phasellus euismod tortor ut fermentum pellentesque. Sed in accumsan ante, in mattis tellus.

To increase social inclusion our entrepreneurs within this investment theme works with solutions such as: Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam commodo orci molestie posuere feugiat.

5

gained more revenues supported more children on an average more than tripling their results.

50,903

Children and youth were protected from physical and mental abuse and threats, through interventions carried out by Change Leaders in Ghana, Chad and Tanzania.

Lorem ipsum Gained revenue sit amet

30 percent of Norwegian students do not complete secondary education after five years, which heavily reduces their changes of entering the labor market and weakens their belief in their own future. This problem is especially pressing among boys with a multicultural background. Norwegian Change Leaders Yvan Bayisabe and Fredrik Mosis run VIBRO, which enables immigrant youth to come in contact with role models that help them see their potential and motivate them to finish school.

During 2015, VIBRO explored ways to become less dependent on grants, and identified an interesting opportunity: to partner with companies keen in improving their workplace diversity, who are in search for inters, and help them find the perfect candidate. VIBRO charges for the search and screening, and is awarded an additional fee if the recommended candidate is recruited. Already four Norwegian companies have shown interest in the model.

/media/images/johan-mattecentrum-back.jpg

"When Mattecentrum was selected to the Incubator it meant the world to me. Suddenly there were people from all these big companies including Sophie Stenbeck who believed in me and my idea. People who wanted to back me up, give me the opportunity to succeed – or fail – and who said “let´s go!”. The financial support was of course important, but it was in fact the network that made Reach for Change really special. It gave Mattecentrum positive attention in the media, which opened many doors. Also, my personal advisors from Reach for Change’s corporate partners were really great"

Johan Wendt, Swedish Alumnus

Case SDG 4: Mattecentrum scaled to impact a significant share of the children in their target group

In 2008, Reach for Change Alumnus Johan Wendt from Sweden founded Mattecentrum, which offers free of charge mathematics support in after school maths labs and online.

Based on statistics from Statistics Sweden (SCB) and OECD, there is an estimated 210,000 children in Mattecentrum’s primary target group; Swedish youth in need of extra support to achieve basic capabilities in mathematics.


In 2015, three years after graduating from the Incubator, Mattecentrum supported more than 500 000 children and youth per month, through maths labs and their online training. More than a significant share of the children in their target group!

A third party evaluation performed in 2016 shows that municipalities where Mattecentrum operates demonstrate a stronger improvement in maths grades, when compared to other municipalities.

Cookies disclaimer

I agree Our site saves small pieces of text information (cookies) on your device in order to deliver better content and for statistical purposes. You can disable the usage of cookies by changing the settings of your browser. By browsing our website without changing the browser settings you grant us permission to store that information on your device.