Program Related Investments
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.
To share your pitch with us please complete the following:
STEP 1
Share your pitch deck and tell us about your company or fund by completing our PRI Deal Intake form.
STEP 2
Optional: Get your company’s Investment Readiness Level through Abaca’s VIRAL assessment tool.
Our Program Related Investments Funding Process
Our process generally takes from three to six months from start to finish for deals that we close and fund.
What We are Looking for
Innovative and potentially disruptive
Have measurable social impact outcomes that are essential to the business model
Directly meet the needs of or solve a critical issue for an underserved population
Have strong leadership and a well-thought-out plan
Scalable
Early-stage but post-proof of concept: Seed – Series A+
Step 1
Step 2
Phase I Due Diligence with our Diligence Team at Sorenson Impact focused on evaluation of business model potential, management and impact
Step 3
Step 4
Step 5
Step 6
Negotiations, legal documentation and compliance review
Step 7
Grants
In 2023, the Sorenson Impact Foundation (SIF) focused on systems change by zeroing in on the need to push the field of impact investing beyond sustainability and towards embracing a “regenerative” paradigm. As we move forward in 2024, we are broadening our focus to the rapidly growing and deeply expanding wealth gap crisis granting to/investing in solutions that promote upward mobility through ownership. Our funding this year seeks to fuel learning and market development to solutions that advance economic empowerment and equity through ownership opportunities.
Request for Proposal
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 2023 RFP submission portal will close on July 12, 2024 at 11:59pm Eastern Time.