Benetech® is a unique bridge that connects the social sector with business and technology leaders. We join together the heart of social mission with the mind of high-tech process and project management. Leveraging the vast technical skill in Silicon Valley, we have project managers and engineers proficient in almost every area of software development. Together, we’re using technology to serve humanity.
Good for Society and for Investors
Benetech operates much like a startup company in a venture capital environment. We identify needs and opportunities where technology could have a tremendous impact, improving the lives of thousands, potentially millions of people. Once we determine the viability of an idea, we apply research, analysis and business planning to develop and implement it. The crucial difference is that our primary goal is helping all of humanity, rather than making the maximum financial return.
As a social venture capital partner, we make decisions on behalf of society, as well as for our limited partners providing the capital in the form of grants, donations and access to intellectual property. Investments are evaluated in terms of need, feasibility and long-term business sustainability. One thing we do not do: waste money and time. 85% of every dollar goes directly to support our initiatives.
A Process Designed to Benefit Humanity
From the outset, we knew we needed a transparent process for managing our social enterprise portfolio and for guiding projects from inception, through seed funding, business planning, financing and operation.
Our development process serves us and our investors well, along with countless others around the globe who benefit from it.
Our Pipeline is a Project Incubator
From this pipeline emerges those project initiatives that show enough promise for development and execution. For many of them, we serve as a “corporate home,” if there is no economic motive for independent ownership and the requirements in forming a separate nonprofit are prohibitive.
A Convergence of Talent and Conscience
The Benetech management team brings this business model to life with its depth of expertise in technology, intellectual property law, licensing, venture fund management and public service. We are all united in our devotion to achieving real and lasting social change.