The Sorenson Impact Foundation makes program related investments (PRIs) in the form of equity, convertible debt, revenue based financing agreements, and loans. Our program related investments are made to for profit impact start-ups whose business model is tightly intertwined with achieving high, game changing social impact. We are looking for the most innovative and scalable solutions to solutions such as access to education, workforce development, access to healthcare, and other issues disproportionately impacting underserved populations around the world. We will evaluate proposals from every country and sector that meet these guidelines. Please note that we are looking for post-revenue companies that are in the Seed and Series A stage.
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In 2020, The Sorenson Impact Foundation launched the Equitable & Resilient Recovery grant program to help provide access to capital, entrepreneur support and jobs for underserved communities across the US in the heat of a global pandemic and concurrent economic, labor and health crisis. Through that program, we selected five organizations to support in launching game-changing innovations in the areas of workforce development, diverse founder and entrepreneur support, and financial products for underserved communities.
As we move forward in 2021, this year’s grant program is focused on how we can reimagine a better future. The Lasting Impact Through Systems Change grant program and is focused on supporting innovations that have the power to create sustainable, positive change by improving one of the most critical underlying systems in the US: the financial system. We view systems change as the key to lasting impact as, through improving the systems that underly the way we live, we can improve society as a whole. Our goal through this year’s grant program is to contribute to creating financial systems that work better, and for more people. Our specific areas of focus, including example project areas for illustration, are listed below. Please note that the example projects are directional only; as a Foundation that values scalable innovation, we are eager to see proposals for game-changing, new solutions.
Please download the full RFP for our specific grant focus areas as well as the submission process and parameters required in order to be considered. The 2021 RFP submission portal will close at 5:00pm EST on July 30, 2021.