Using the Power of An Accelerator to Tackle Social Problems

How we are experimenting with—and evolving—our model.

Hypothesis 1: Accelerating ventures vertically that are tackling the same problem but from different angles will lead to more measurable progress against that problem than supporting ventures that are all tackling different problems.

Hypothesis 2: In addition to growing ventures vertically, bringing ventures together to work together horizontally on the same problem will lead to problem-related impact outcomes.

Hypothesis 1:

Accelerating ventures vertically that are tackling the same problem but from different angles will lead to more measurable progress against that problem than supporting ventures that are all tackling different problems.

We have run three programs with entrepreneurs who are all focused on tackling the same problem from different angles. Initial indications from the following programs show that by narrowing our selection criteria, we are able to 1) surround organizations with a more concentrated network of mentors and funders, 2) advance those ventures further than with a more diversified accelerator.

Examples:

Hypothesis 2:

In addition to growing ventures vertically, bringing ventures together to work together horizontally on the same problem will lead to problem-related impact outcomes.

We have started to convene the ventures and people best positioned to tackle a specific problem in one place to achieve specific impact metrics over a set period of time. Initial indications point to how this horizontal “collective impact” work can unify multiple organizations (and funders) behind one impact goal that wouldn’t be possible without the convening power of an organization like Uncharted.

Examples:

What’s next?

We will continue to test these hypotheses by running programs that advance our learning about how to become a 21st-century problem-solving organization. By working both vertically (help ventures grow up) and horizontally (bring ventures together), we are confident we can establish a set of powerful, complementary tools that will enable us to be a pioneer in applying new approaches to old problems.

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