At Benetech, our approach is to combine our passion for developing technology for social good with a pragmatic business process. Much like a business in a venture capital environment, we seek opportunities to create real, transformative change by bringing our technology into new markets or by creating drastic efficiencies in existing markets. The crucial difference is that we pursue projects that offer the greatest social impact for the resources invested, not the maximum financial return to our philanthropic supporters.
Over the years, Benetech’s work has dramatically influenced the social entrepreneurial movement. Our CEO, Jim Fruchterman, and Benetech have received numerous awards in recognition of our pioneering work advancing social entrepreneurship. Among other prestigious awards, Jim received the Schwab Foundation Outstanding Social Entrepreneur Award in 2003, the MacArthur Fellowship and the Skoll Award for Social Entrepreneurship in 2006, and the CASE Award for Enterprising Social Innovation in 2011. Jim was also a founding board member of the Social Enterprise Alliance and was chair from 2008 to 2010.
Jim recently shared insights from Benetech’s New Project Assessment Method and practical lessons we’ve learned throughout our journey actualizing positive social change in Ron Schultz’s latest book, Creating Good Work—The World’s Leading Social Entrepreneurs Show How to Build a Healthy Economy.
To see specific examples of the social impact we’ve had through our multiple initiatives, please check out the case studies from our programs: