Social Entrepreneur: Conscious Companies | Benefit Corporations | Impact Investing

118, Avnish Gungadurdoss, Instiglio | Tying social program funding to results

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Sinopsis

Instiglio is a nonprofit with a mission of maximizing the social impact of every cent spent on social programs. They do that by tying funding to results. Avnish Gungadurdoss grew up on the island nation of Mauritius. He was drawn to do social work at a young age. “I remember being taken by how much the poor’s trajectory was completely dependent on where they were born,” he told me. “To me that was a crazy thought, that life is up to the random chance of where you were born.” While working in the field and seeing firsthand the gap between the promise of social programs and their outcome, he recognized that most social programs are funded for inputs and activities, not impact. “Policies that look good on paper get implemented in such a poor manner that they rarely deliver results on the ground,” he acknowledged. He and his cofounders decided to do something about that. They founded Instiglio in 2012. Instiglio helps social programs to be more effective in solving the world’s most pressing issues. They do that