The Resolution Project continues to pursue the three major goals set forth in their Commitment to Action, which include (1) deepening the Fellowship value proposition, (2) strengthening infrastructure, and (3) enhancing the visibility of Resolution in order to generate more Fellow applications, partnerships, volunteers, and thought leadership in the social sector.
In the CGI Commitment, Resolution set a number of specific goals for 2015 and are pleased to report progress on all aspects of their work, as follows:
- Social Venture Challenges: Resolution committed to hosting six Social Venture Challenges in 2015 and, in fact, executed eight of these exciting competitions. This includes Resolution's largest Social Venture Challenge held in conjunction with the Clinton Global Initiative University and a competition held in conjunction with a new host conference partner, the One Young World Summit, held in Bangkok, Thailand in November, 2015.
- Fellowship Growth: Resolution identified 66 new Social Venture Challenge winners in 2015, including promising young leaders working in maternal health, alternative energy, STEM education, and other high-impact fields. These new Resolution Fellows represent an increased geographic reach for Resolution, including venture implementations in Madagascar, Belize, Moldova, and Eritrea.
- New Partnerships (Pathway Partners & Corporate Program Partnerships): Resolution thrives on partnerships in the public and private sectors. In 2015, Resolution aimed to create 10 new Pathway Partnerships and one new Corporate Program Partnership. Resolution has exceeded this goal on both fronts, welcoming 16 new Pathway Partners to our growing global network, and creating partnerships with Moody's and Voya Financial as new Corporate Program Partners.
Resolution's Pathway Partner program allows the organization to create formal partnerships with social sector organizations that either provide a pipeline of high-potential undergraduate students who might compete for the Resolution Fellowship or provide opportunities for existing Resolution Fellows to access additional capital, education, publicity, and services. By connecting with other organizations working in the field of social impact and social entrepreneurship, several Resolution Fellows have received additional opportunities for follow-on funding and additional resources and mentorship. This program allows Resolution to contribute to the efficiency of the social sector, adding beneficial structure to the cloud of supporting organizations that surround and assist emerging social entrepreneurs.
The Resolution Project is particularly pleased to report that several of these new Pathway Partnerships reflect Resolution's intentional collaboration with organizations serving traditionally underrepresented youth. It is an important goal for Resolution to increase access to the Resolution Fellowship program and engage with youth from low- and middle-income and other underserved backgrounds. Resolution looks forward to welcoming even more individuals from these demographics to the Fellow community in 2016.
Resolution also continues to invest in building multi-faceted, high impact corporate partnerships with organizations committed to supporting youth, entrepreneurship education, and social impact. These partnerships consist of financial support, employee engagement, and often leveraging core corporate skills or systems. Resolution has expanded and deepened our existing Corporate Program Partnerships with GE, DuPont, GLG, and in 2015 launched new partnerships with Moody's and Voya Financial. Resolution and Voya Financial are particularly excited about providing funding, expertise, and volunteers to young social entrepreneurs working to improve economic access and opportunity in the United States. This partnership represents the shared commitment of Resolution and Voya Financial to support youth who are helping to advance economic empowerment in the United States.
- The Resolution Institute: Preparations for the Resolution Institute continue to proceed as planned. Resolution expanded the team internally, adding a new senior leader to the Institute team and devoting additional resources from the volunteer team, staff, and budget. Resolution is planning to launch the first educational module on Budget and Finance for social start-ups this calendar year.
- Fellow Resources System: In 2015, Resolution launched the Beta version of the Fellow Resource Matching system, and is regularly making successful matches of Fellows to the resources, pro bono services, partners, and experts that they need.
- The SOLVE Summit: Early stage planning for Resolution's inaugural Fellow gathering, "the SOLVE Summit", is underway. A budget and curriculum have been developed, and Resolution is actively seeking partners and sponsors. This summit is intended to debut in 2017 subject to the available funding commitments.
- Infrastructure Growth: In general, Resolution continues to make strong enhancements to their infrastructure, resource growth and this Commitment. Resolution onboarded their first full-time Executive Director, Tracey Allard, in December 2014, and have continued active fundraising efforts, including a very successful annual gala event in 2015.
- Impact Evaluation: The assertion and innovation of Resolution's approach are validated by the impact evaluation data we receive from Fellows in the field:
1) 100% of Resolution Fellows are actively engaged in social responsibility either through their venture, volunteering, philanthropy or civic engagement. This includes those continuing to work on their original social ventures and those expressing their socially responsible leadership through new ventures, social sector careers, or social entrepreneurial roles in private sector organizations. These also include some Resolution Fellows now playing important volunteer roles with Resolution today.
2) More than 60% of Resolution Fellows report they would have been unlikely to launch their social venture without the support of Resolution, proving that they play a catalytic role in their Fellows' development as socially responsible leaders.
3) Social ventures launched by Resolution Fellows with Resolution's ongoing support have positively affected more than 600,000 beneficiaries, including providing access to formal or informal education for more than 8,600 children, increasing access to health services for more than 18,000 individuals, increasing access to safe drinking water for more than 10,700 individuals and supporting nearly 36,000 women and girls through empowerment initiatives. Resolution's unique, deep model of constant collaboration with its Fellows ensures that the organization continues to have a material impact as active, engaged partners with Resolution Fellows in generating these local impacts.
4) Resolution Fellows report improvements in their adaptability, leadership, and organizational skills and note that Resolution has helped them respond to challenges and obstacles.
5) Resolution Fellows have gone on to secure more than $2.5 million in additional funding through revenue, grants, awards, etc.
6) More than 90% of Resolution Fellows report high satisfaction rates with the mentorship they receive from volunteer Guides.