2024 Awardees and Impact ReportSchwab Foundation for Social EntrepreneurshipTrusting in Humanity The Power of People to Lead their own ChangeAbout us 04Welcome 06Key impact insights 08Introduction 10Social Innovation Awards 2024 12Our theory of change 26Creating impact together 28Revealing the impact 40Community outlook 42Mainstreaming social innovation 44Looking ahead 46Report methodology 47Acknowledgements 48ContentsScan to access the digital reportGlasswing International, El Salvador3Schwab Foundation 2024 Awardees and Impact ReportAbout us The Foundation’s purpose is to catalyse a social innovation movement that transforms society for a more inclusive, equitable and sustainable world. The Foundation was created as a sister organisation of the World Economic Forum. It operates independently and works in partnership with civil society organisations, businesses, philanthropic and academic institutions as well as through social innovation networks to nurture the community, mobilise the ecosystem and drive action. Over its 25-year history, the Foundation has grown a community of the world’s foremost social change leaders, united in their focus on creating positive societal impact. Its annual flagship Social Innovation Awards honour leaders who have developed innovative and proven impact models to reduce social inequalities and preserve vulnerable natural ecosystems. Awardees embark on a 3-year journey to grow their visibility, find support systems through a trusted peer community, collaborate and deepen their knowledge and practice towards systemic change. In 2020, the Schwab Foundation initiated the Global Alliance for Social Entrepreneurship as the most comprehensive multi-stakeholder coalition in support of the social innovation sector. The Alliance and its 100+ members represent over 100,000 social entrepreneurs and bring together a rich and growing ecosystem of corporations, investors, philanthropists, governments, researchers, media, and industry actors. It focuses on mainstreaming social innovation by helping private sector actors build partnerships with social entrepreneurs and their intermediaries, by creating multi-stakeholder partnerships for scaling social innovations, and by engaging with the public sector to support policy implementation in support of the social economy.The Schwab Foundation, together with our coalition of partners in the Global Alliance for Social Entrepreneurship, calls for collective action by amplifying the community’s work and advancing knowledge in the field of social innovation. We achieve this by sharing insights and publications that bring vital messages and contributions from the sections into the mainstream. Our latest publications include:Unlocking the Social Economy: Towards an inclusive and resilient societyMAY 2022 Grassroots to Boardrooms: Social Innovation Partnerships for Climate AdaptationNOVEMBER 2023 Inclusive Loops: The Crucial Role...