Solve Innovation Future
Directing catalytic investments to Solve's diverse portfolio of early-stage social entrepreneurs.
Venture Philanthropy Meets Impact Investing: Solve Innovation Future
Solve Innovation Future is a groundbreaking philanthropic venture vehicle that directs catalytic investments in Solve’s early-stage social entrepreneurs who are solving the world's most pressing problems.
Our Structure: Solve Innovation Future (SIF) raises philanthropic funding from visionary philanthropists, and directs investments in cutting-edge impactful solutions. Using entrepreneur-friendly strategies, SIF recycles proceeds from investments back into future Solver teams, creating a pay-it-forward model, and demonstrating effective, renewable philanthropy.
Solve Innovation Future has deployed over $1 million to date to more than 13 for-profit Solver team companies that are driving impact toward UN Sustainable Development Goals, and has catalyzed nearly four times our investment in additional investment capital towards our Solver teams.
Organized as a Donor-Advised Fund (DAF) with MIT Solve serving as the sole donor-advisor, Solve Innovation Future is proving that innovative funding instruments can maximize philanthropic impact.
Our vision: Solve Innovation Future is actively raising $10 million from philanthropic donors, and targeting $30 million over time, through tax-deductible gifts and grants to ensure continued and catalytic investments in Solver teams scaling and initiating early-stage funding rounds.
"It’s time for a new financing approach to support innovators who are solving the world’s greatest challenges."
- Casey van der Stricht, Principal, Solve Innovation Future
Become a Funder of Solve Innovation Future
Donate: Make the most of your charitable donation, by engaging with Solve Innovation Future: where every charitable dollar you donate is recycled into future impact investments.
Join the Leadership Circle: The Leadership Circle represents champion funders and thought leaders across the entrepreneurial and impact investing landscape, and provides strategic guidance to advance transformational partnerships for Solver teams and Solve Innovation Future toward solving the world’s most pressing problems.
Learn more: To learn more about becoming a funder or joining the Leadership Circle, please fill out the form below.
Investment Portfolio Spotlight
Queen of Raw
Solve Innovation Future’s Portfolio of Investees
Meet the investees here.
Solve Innovation Future's 2022 Annual Report
Just 3 years after our first investments, Solve Innovation Future has more than doubled our investee portfolio, tripled our capital deployed, and quadrupled the capital catalyzed toward our investees. Our 2022 annual report includes financial and impact reporting on Solve Innovation Future, but more importantly spotlights on our innovators and their impactful work.
Download the report here.
Download Solve's white paper on investing in social impact innovation.
Download this white paper to learn more about Solve Innovation Future and the answers to key questions around DAFs and early-stage impact investing, including:
- How do I determine my investment, impact thesis, and process?
- How are DAFs commonly misused and how can we bridge this lost opportunity?
- How can I invest in social entrepreneurs lacking connections to traditional venture-capital hubs?
- Why should DAF capital be deployed as first-risk capital for early-stage entrepreneurs?
- How have Solver teams like Access Afya, Kinedu, and Queen of Raw benefited from founder-first investment structuring?
Access the report here.
In the Media
- Inside Philanthropy: The Answer to Smarter Philanthropy Can Be Found in a DAF Intermediary
- SOCAP Digital: How Catalytic Capital Is Serving Social Entrepreneurs and Funders
- PENTA: Future Returns: Impact Investing Through Donor Advised Funds
- ImpactAlpha: MIT Solve Rallies to Provide Bridge Loans and Revenue-Based Financing
- Stanford Social Innovation Review: Using Donor-Advised Funds to Invest in Early-Stage Entrepreneurs
- Fast Company: Why MIT’s Social Tech Incubator is Launching an Investment Fund
- Forbes: MIT Solve Enables Tech Entrepreneurs To Conquer Global Social Challenges
- Crunchbase: MIT Startup Announces Plans For $30M Solve Innovation Fund
Photo: Adam Schultz / MIT Solve