Results: NESsT celebrated 15 years! Our impact to date:
We´ve provided business mentoring and financial support to 120 social enterprises in the incubation stage portfolio, and has also started its own social enterprise, NESsT Consulting.
-- Over US$ 8 million in funds invested in social enterprises for start up and/or expansion of their businesses.
--12,000 economic opportunities created through social enterprise, while 280,000 marginalized peoples` lives were improved in the past three years.
-- 3,800 organizations trained in 48 countries in 15 years on the principles and tools of self-financing and social enterprise
Target demographics: Marginalized communities in emerging market countries. We reach our beneficiaries through supporting early stage social enterprises that focus on developing their financial return and social impact through affordable technologies, labor inclusion, or sustainable income, through tailored capacity building and appropriate financing.
Direct beneficiaries per year: 47,783 beneficiaries
Geographic areas served: Emerging markets, primarily Latin America and Central & Eastern Europe.
Programs: Nesst provides capacity support and financing to a select portfolio of social enterprises in peru to help them become financially sustainable and to further their social impact.
nesst provides capacity support and financing to a select portfolio of social enterprises in romania to help them become financially sustainable and to further their social impact.
nesst provides capacity support and financing to a select portfolio of social enterprises in hungary to help them become financially sustainable and to further their social impact.
nesst provides capacity building support and financing to a select portfolio of social enterprises in central europe and latin america to help them become financially sustainable and to further their social impact. Nesst also develops and disseminates case studies, legal research and publications about social enterprise development and organizes forums and other events to promote this issue among social entrepreneurs, academics, donors, and policy-makers.