Our theory of change is based on 3 pillars: impact space & community, impact ecosystem, and impact capital. From the 3 pillars, we identified our desired impact and goals. Then, we established the inputs, activities, outputs and outcomes we need as stepping stones through backward-engineering.
Click the tabs to see the TOC of our 3 impact pillars
INPUTS
Team, mentors, advisors & space
ACTIVITIES
Building a collaboration hub
OUTPUTS
# of social startups in DI
# of impact events (booking)
# of community programs (in house)
OUTCOMES
Increase in consciousness, business acumen, well-being and creating diverse meaningful connections
IMPACT
Sustained support for social startups’ long term growth
GOAL
To nurture a strong sense of belonging and greater bonds in the DI community so individuals are supported in their own growth
INPUTS
Team & networks
ACTIVITIES
Involving multi-stakeholders (corporates, acadamia, NGO, investors, startups) to co-design solutions
OUTPUTS
# of strategic partners
# of service partners
OUTCOMES
Increase in stakeholder involvement, information transparency, heightened exposure and collaboration opportunities
IMPACT
An interconnected ecosystem of cross-sector changemakers striving to create real impact shift in the local economy
GOAL
To deepen relationships across sectors to foster collaborations
INPUTS
Team, mentors, networks, investment
ACTIVITIES
Investment Readiness Program
OUTPUTS
# of startups in the pipeline
OUTCOMES
Increase in knowledge and a growing pool of investors and investment ready social startups
IMPACT
A thriving impact investment market
GOAL
To back social startup founders by bridging talent and capital
WHAT IS THEORY OF CHANGE?
Essentially, Theory of Change is a comprehensive description, and illustration of how and why a desired change is expected to happen in a particular context. It is focused in particular on mapping out what has been described as the “missing middle” between what a program or change initiative does, and how these lead to the desired goals. First, we need to identify the desired long-term goals, and then works back to identify all the outcomes that must be in place for the goals to occur.
*Information from https://www.theoryofchange.org/what-is-theory-of-change/