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Impact Square

Impact Square is an impact accelerator based in Seoul, focusing on bridging social and economic value through innovation. They collaborate with various partners to support social ventures and impact investing.

Founded
2010
Recorded stages
Accelerator, Seed, Pre Seed
Focus sectors
Healthcare, Climate, Social
Recorded regions
Asia, South Korea
Impact Square
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Overview

Impact Square is an organization based in South Korea that aims to support and accelerate social enterprises and initiatives addressing societal challenges. Founded in 2010, it operates primarily in the social venture and impact investment sectors, helping businesses create positive social impact through their investments and initiatives.

Focus

Impact Square invests in social ventures and provides services such as ESG consulting, impact investing, and acceleration programs. Their focus spans various sectors, including health, environment, technology, and local community development.

Support

Impact Square offers mentorship, investment, and support services to social ventures, helping them navigate challenges and achieve sustainable growth while creating social impact.

Questions

<p><strong>What are the eligibility criteria for applying to Impact Square?</strong></p><p>Impact Square seeks startups that focus on social impact and innovation, particularly in sectors such as healthcare, climate, and consumer goods. Founders should demonstrate a commitment to addressing societal challenges through their business models.</p><p><strong>How does the application process work?</strong></p><p>Interested startups can apply through the Impact Square website. The application typically involves submitting a detailed business plan and outlining the social impact of the venture.</p><p><strong>What are the deal terms for accepted startups?</strong></p><p>Specific deal terms, including investment amounts and equity stakes, are not publicly disclosed. However, Impact Square provides various support services to enhance the growth of social ventures.</p><p><strong>What is the format of the program?</strong></p><p>Impact Square offers acceleration programs that may include mentorship, workshops, and networking opportunities. The exact format and duration of these programs can vary based on the needs of the participating startups.</p><p><strong>What makes Impact Square different from other accelerators?</strong></p><p>Impact Square focuses exclusively on social ventures, providing tailored support that emphasizes both financial sustainability and social impact. Their commitment to ESG principles sets them apart in the accelerator landscape.</p><p><strong>What metrics does Impact Square use to measure success?</strong></p><p>Success metrics include the social impact generated by portfolio companies, funding raised, and the growth of the startups within their programs. Impact Square aims to track both financial performance and social outcomes.</p>

Overlapping documented focus

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