NN Social Innovation Fund
Championing social enterprises
The NN Social Innovation Fund champions early-stage social enterprises that provide solutions for improving financial, physical and mental well-being. It especially focuses on supporting those communities whose well-being is under pressure or at risk. By supporting social enterprises as part of our community investment programme, we aim to drive social innovation and accelerate our impact.
News
What we do
NN Social Innovation Startup Award
NN Social Innovation Startup Award is a programme to support early-stage social enterprises in the NN markets. In collaboration with Rubio Impact Ventures we organise a pitch event, which takes place during Impact Week Europe, which is designed to discover and support promising early-stage people tech startups, fostering collaboration and innovation. We invite startups focused on equal opportunities, mental & physical well-being to apply. Finalists will receive a supporting grant of €50,000, while the winner will receive a €100,000 supporting grant, along with tailored support and a year-long venture development programme.
Investment in the SI3 Fund of Shaping Impact Group
The SI3 fund focuses on initiatives that contribute to increasing equity in opportunities and creating a solidarity-based society. It aims to improve opportunities for one million people within ten years, regardless of ethnicity, gender, disability, age or sexual orientation. Investment from NN is EUR 500.000.
Supporting grant for Quan
Quan, a software developer based in The Hague (NL), aims to increase the mental well-being of one million people by supporting managers and teams looking to prevent burnout and enhance team performance.
Learn about Quan's mission.
Supporting grant for Socialdebt
Socialdebt, a Rotterdam (NL) based fintech, supports young people struggling with problematic debt and financial stress.
About the NN Social Innovation Fund
Scaling is one of the biggest challenges social enterprises can face when building their businesses. NN aims to provide social entrepreneurs with resources to drive social innovation and make a positive impact in society.
Investment criteria
- Impact-first: clear demonstrable positive and systemic impact
- Viable business model: commercially scalable business model where (potential) revenues, impact and value are aligned
- Early-stage: startups in the critical initial phase from inception to product market fit to bridge the valley of death
- Active in NN markets: active in at least one of our 11 NN markets.
To support the impact ecosystem NN SIF invests in impact funds only, no direct investments in start-ups will be made.
Contact us
Interested in a collaboration or do you want more information?
Please contact Jasmijn Besorak (NN Social Innovation Fund manager) at jasmijn.besorak@nn-group.com
