Top 10 Insights from SPRING: How to Run an Accelerator

SPRING’s hypothesis is that business has the power to help transform the lives of girls. The foundation of our approach is Human Centred Research and Design, which helps companies identify unmet needs and business opportunities. Since our launch in February 2015, we have worked with 55 companies across 15 sectors in eight countries across East Africa and South Asia. As an adaptive program, we have significantly changed the way we work since we began.
We initially selected mainly early-stage companies with the potential to use their business to help local girls. We’ve learned that the most sustainable way that a business can impact girls is through their core business, not as a CSR or side-project. So now we focus on first mapping the needs of girls, then identifying businesses that have the potential to change the systems that contribute to girls’ challenges. This has led us to select a more diverse set of stages of businesses, and enabled us to focus more on solving core business challenges to scale.
We work with all our businesses to develop theories of change, which articulate how addressing their business challenge also solves a girl-specific challenge. We have also changed the way we approach investment and corporate partnerships. We are investing more resources in better Human Centred Research. We have moved away from measuring our impact based on quantitative metrics alone. While we are still learning and adapting, these are our emerging insights on how to run an accelerator focused on girl impact.
And this is just the beginning! Discover our top 10 insights so far HERE.
This post originally appeared in the SPRING blog, and is republished here with permission.