Our aim was to better understand impact orientation and measurement and to integrate them into our daily project work. This enables us to make our work for our target groups more effective and even more needs-oriented, meet the latest requirements for obtaining funding and use the funds more effectively. This makes our work more transparent for potential funding and commissioning bodies and the quality of our work more visible. State sponsors such as the City of Wiesbaden or ESF+ programs receive arguments that continue to justify the funding. Translated with DeepL.com (free version)
Social impact is a growing topic. In August 2022, Klarna co-founder Niklas Adalberth even launched an "Impact Nobel Prize". Private and public, national and international funding providers are also placing more and more importance on project sponsors proving the impact of their projects and thus the efficient use of funding. Consulting institutions specialize in awarding corresponding certificates, e.g. the "Wirkt! seal" from Phineo. According to the 2021 German Start-up Monitor, 42.6% of start-ups are classified as "social entrepreneurship". In recent years, international funds have emerged under the heading of "impact investing", which provide funding explicitly for companies that focus on the impact of their activities. We wanted to find out how we can practically implement impact analysis, measurement and orientation in our work. Translated with DeepL.com (free version)