Impact Investment. A buzzing term in entrepreneurial world. Ventures with a social mandate are popping up at every corner. From local food companies, alternative energy solutions, sustainable fashion, education programs to health solutions we are seeing an influx of socially conscious entrepreneurs flooding the market. But how do these new ventures align themselves with mentors, investors and clients?
Enter Impact8 offered through MaRS.
We were lucky enough to be one of 8 ventures selected from over 150 that applied to be part of the first cohort to go through Impact8 at the MaRS centre. Impact8 is an 8 week incubator dedicated to helping emerging, existing and growing social enterprises succeed.
We just finished week 1 and I can already tell this incubator is going to be immensely beneficial for Local Buttons and personally for Consuelo and I. The other 8 ventures are dynamic businesses. It is inspiring to spend your time with others who are just as passionate about creating a space for social enterprise in the world. We have been partnered with two fantastic mentors who seem to instantly understand our business model and where/how they can help us grow and improve!
We spent yesterday at Miller Thompson law firm downtown Toronto learning ALL things legal. Helped clarify a lot for us. Sometimes a change of scenery can do you a world of good. We were on the 58th floor at 40 King St W and the boardroom had the most magical view of the city.
Can’t wait to see how the rest of the program unfolds!