Impact-oriented entrepreneurs focus on developing solutions to societally relevant issues. With their innovative and unconventional business models, they employ new strategies in tackling challenges and contribute to positive societal change. They address social and ecological problems and contribute significantly to the creation of solutions influencing the transformative societal and economic change needed to achieve greater sustainability.
Despite the enormous potential and the growing awareness, the conditions for impact-oriented entrepreneurship remain less than optimal in Germany. Financial hurdles are the biggest problem faced by impact-oriented entrepreneurs. Germany falls short when it comes to support programs tailored specifically to the needs of impact-oriented entrepreneurs as well as suitable startup and follow-on financing opportunities. Addressing the specific needs of impact-oriented entrepreneurs with regard to funding and improving the conditions under which they operate can help these businesses reach their full impact potential.