Commitment to Action

Achieving Social Transformation through Entrepreneurship

Commitment by

Schwab Foundation for Social Entrepreneurship

In 2006, the Schwab Foundation for Social Entrepreneurship committed to invest $10 million over five years to search, select, and celebrate accomplished entrepreneurs who have applied their creativity and passion to find practical, innovative and replicable solutions to major challenges of poverty and environmental destruction.
Since 2007, the Schwab Foundation has established 32 partnerships with leading media companies in 32 countries and has showcased the stories of leading national and international social innovators to stimulate interest in the practice of social entrepreneurship and inspire others to connect market initiatives with positive social change.

In collaboration with its major partners, the Boston Consulting Group, Ernst & Young and Folha de Sao Paulo, select entrepreneurs have received financial support to attend events of the World Economic Forum and were supported in their efforts to expand their impact from one region to another and to form partnerships with large corporations.

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Overview
Summary

Commitment

Achieving Social Transformation through Entrepreneurship

Launched

2006

Est. Duration

5 years

Region

Global

Countries

Global

Commitment by

Schwab Foundation for Social Entrepreneurship