Innovation and enterprise blog

01 June 2020

Meet our delivery partner: Expert Impact

Expert Impact curate the popular Profit With Purpose events, which regularly feature founders of businesses trading for an environmental or social purpose explaining how they launched and scaled.

The quarterly series of evening panel discussion events aims to provide business insight for new social and ethical enterprises and encourage existing businesses to seize opportunities to become more socially and environmentally conscious.

Profit With Purpose events are for those interested in how business can be good for both people and planet. Usually half of the event time is given over to the audience to ask questions.

Discussions usually take in the following topics;

  • Motivation and experience required to run a social enterprise
  • Startup finance and support available
  • Market research and networking
  • The challenge of making social enterprises sustainable
  • How to measure the social impact of the work

Some of the social enterprises who have participated since 2018 include Rubies in the Rubble, which uses discarded food to make condiments as a way of reducing food waste; Change Please, a coffee company that trains and employs homeless people as baristas (both former Innovating for Growth participants as well), and Ovo, a green energy supplier.

Expert Impact created the Human Lending Library® which is now an in-house programme at the Business & IP Centre where leaders of social enterprises and charities looking for business advice can ‘borrow’ a business Expert, for free, to help them solve their challenges and scale fast. Hundreds of social impact leaders have benefitted from this service to date.

There are many reasons why social entrepreneurs seek advice but common enquiries include business development, governance, strategy, raising investment and marketing and public relations.

Most of the Experts have started and scaled businesses that have gone on to become very successful. Some of the Experts are serial entrepreneurs, having started and then sold several companies.

There are more than 50 Experts available, including the founders of Pret-a-Manger, The White Company, Carphone Warehouse and Mumsnet.

Expert Impact panel discussion

The Experts represent a full spectrum of business experience across different sectors including tech, retail, marketing, public relations, publishing and more.

For more information on the Profit With Purpose series, the Human Lending Library or Expert Impact, please contact Lee Mannion, Head of Communications, Expert Impact.