Solve Innovation Future was created in 2019 to direct disruptive philanthropy to early-stage social entrepreneurs via a Donor Advised Fund. As a philanthropic venture investment vehicle, Solve Innovation Future continues to demonstrate that philanthropy, deployed in the form of investment toward early stage innovators, has outsized potential to catalyze impact, and financial returns. Just 3 years after our first investments, we have more than 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 and their impactful work. Solve Innovation Future is on a mission to invest in more than 50 Solver teams, empowering them to impact more than 100 million lives. We have disbursed $1.3 million across 13 different investments headquartered in 9 countries. These innovators have gone on to have outsized impact: reducing carbon emissions, saving over 1 billion gallons of water, connecting students with excellent educational opportunities, and providing high quality health care to hundreds of thousands of people. Discover more about their solutions, and about how Solve Innovation Future is supporting their work through disruptive philanthropy, by downloading our 2022 annual report!
Solve Innovation Future was created in 2019 to direct disruptive philanthropy to early-stage social entrepreneurs via a Donor Advised Fund. As a philanthropic venture investment vehicle, Solve Innovation Future continues to demonstrate that philanthropy, deployed in the form of investment toward early stage innovators, has outsized potential to catalyze impact, and financial returns. Just 3 years after our first investments, we have more than 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 and their impactful work. Solve Innovation Future is on a mission to invest in more than 50 Solver teams, empowering them to impact more than 100 million lives. We have disbursed $1.3 million across 13 different investments headquartered in 9 countries. These innovators have gone on to have outsized impact: reducing carbon emissions, saving over 1 billion gallons of water, connecting students with excellent educational opportunities, and providing high quality health care to hundreds of thousands of people. Discover more about their solutions, and about how Solve Innovation Future is supporting their work through disruptive philanthropy, by downloading our 2022 annual report!
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.
