Solve Innovation Future was created in 2020 to direct catalytic investments to early-stage social entrepreneurs via a Donor Advised Fund. Just 12 months later, we have doubled our investee portfolio, tripled our capital deployed, and quadrupled the capital catalyzed toward our investees.
What follows in our annual report includes financial and impact reporting on Solve Innovation Future, but more importantly spotlights on our innovators. While we are proud of our 2021 successes, we are humbled by the work of our Solver team investees.
In 2021, these innovators raised more than $30M, generated nearly $10M in revenue, and won a myriad of recognition, including awards from the World Bank, Fortune, and the US Environmental Protection Agency. We are excited to introduce, or re-introduce, you to these entrepreneurs. We hope you enjoy reading about their solutions, and about how Solve Innovation Future is supporting their work, as much as we enjoy working together.
Solve Innovation Future was created in 2020 to direct catalytic investments to early-stage social entrepreneurs via a Donor Advised Fund. Just 12 months later, we have doubled our investee portfolio, tripled our capital deployed, and quadrupled the capital catalyzed toward our investees.
What follows in our annual report includes financial and impact reporting on Solve Innovation Future, but more importantly spotlights on our innovators. While we are proud of our 2021 successes, we are humbled by the work of our Solver team investees.
In 2021, these innovators raised more than $30M, generated nearly $10M in revenue, and won a myriad of recognition, including awards from the World Bank, Fortune, and the US Environmental Protection Agency. We are excited to introduce, or re-introduce, you to these entrepreneurs. We hope you enjoy reading about their solutions, and about how Solve Innovation Future is supporting their work, as much as we enjoy working together.
Solve is an initiative of the Massachusetts Institute of Technology (MIT) with a mission to drive innovation to solve world challenges. Solve is a marketplace for social impact innovation. Through open innovation Challenges, Solve finds incredible tech-based social entrepreneurs all around the world. Solve then brings together MIT's innovation ecosystem and a community of Members to fund and support these entrepreneurs to help them drive lasting, transformational impact.
