REDF Strategic Approach
We Invest in Social Enterprises
Social enterprises are double bottom line businesses that sell quality goods and services, and reinvest their revenue so they can hire and support more people who otherwise would be excluded from of the workforce.
We take a holistic approach to investing in social enterprise. We make grants to some of the most effective and innovative social enterprises around, and then provide specialized, hands-on, multi-year advisory services to help their businesses, and their employees, thrive.
REDF’s Specialized Advisory Services
Depending on the challenges and goals facing the social enterprise, our services might include helping them refine their business model, create new sales opportunities and business lines, establish hiring and procurement relationships with other business, creating programs, and other key functions —all with the goal of increasing their impact and success.
REDF’s Grant Making Strategy
After almost 20 years of making grants to support individual employment social enterprises, REDF is now investing in clusters of growing social enterprises in cities and regions nationwide to scale the movement, build the partnerships needed for a thriving social enterprise ecosystem, and help tens of thousands more people overcoming employment barriers get the support they need to succeed.
The REDF national portfolio is made up of growth stage social enterprises selected from a national, competitive pool to receive multi-year grants and specialized on-going advisory services as part of REDF’s Social Innovation Fund initiative.
REDF also makes “strategic grants” to outstanding social enterprises that range from early stage, start-ups, to more mature groups that receive one year support from REDF for a specific purpose. Strategic grants are flexible tools that allow us to test different approaches, and which inform our work on how to best scale the social enterprise movement.
To get to know the social enterprises in our 2015-2020 portfolio and strategic grant portfolio, click here.