Ace Social Venture Fund: Estimating Social Value Creation

Source: 
Harvard Business School

Date

2010

Case Study Sector

Management

The ACE Venture Fund case is a 501(c)3 social venture fund that hopes to invest in projects that help the poor around the world. The donors of the fund, 15 Boston-based high-tech entrepreneurs, were interested in backing social entrepreneurs who had innovative and unique approaches to solving social problems. The case provides opportunities for students to: understand how to develop a cohesive strategy for a venture focused on maximizing social value; explore the range of approaches available to evaluate the social impact of investments in the nonprofit sector as well as in the field of corporate social responsibility; appreciate the importance of defining the metrics, especially in the field of social value creation, since there are no standardized definitions for even the commonly used metrics; understand the specific data needs under various approaches; and understand the implications of the data requirements of various approaches on project selection for funding.
Learning objectives: understanding how to develop a cohesive strategy for a venture focused on maximizing social value; exploring approaches available to evaluate the social impact of investments in the nonprofit sector as well as in corporate social responsibility; appreciating the importance of defining the metrics, especially in the field of social value creation; understanding the specific data needs under various approaches; and understanding the implications of the data requirements of various approaches on project selection for funding.

Link

Keyword

  • Evaluation
  • Partnership
  • Strategy

Region

  • Northern America

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