Acumen is an organization that invests in businesses that seek to do good in the world. They understand the power of business to create positive social impact, and they work towards supporting entrepreneurs who want to make a difference.
Many people still cling to the outdated view that businesses exist solely to make a profit. However, this narrow perspective excludes the true potential of business to create positive change. Businesses have the power to build strong communities, create jobs, and improve quality of life for people in need.
Acumen’s philosophy is based on the idea of “patient capitalism.” They believe that real change takes time, and that businesses need to invest in social impact for the long term. This approach prioritizes sustainability and long-term community building, rather than short-term gains.
The businesses that Acumen invests in are focused on solving important social problems, such as poverty, healthcare, and education. These businesses are not charities- they are commercially viable enterprises that create social impact through their operations.
The social impact businesses that Acumen supports are led by visionaries who are determined to make a difference. These entrepreneurs have a deep understanding of the problems they are trying to solve, and they have the skills and expertise to create solutions that work.
One example of an Acumen-supported business is VisionSpring, which provides affordable eyeglasses to people in need around the world. VisionSpring’s mission is to help people see clearly, which allows them to work better, learn, and live healthier lives. Since its founding in 2001, VisionSpring has provided over 5 million pairs of eyeglasses to people in need.
Another example of an Acumen-supported business is SolarNow, which provides clean energy solutions to off-grid communities in Africa. By installing solar panels and energy storage systems, SolarNow helps people access reliable electricity, which improves their quality of life and enables them to pursue economic opportunities.
Acumen’s investment approach is based on the belief that businesses can be forces for good in the world. By supporting social impact entrepreneurs, Acumen is helping to create a more equitable and sustainable future for us all.
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