<span style="font-family:arial,helvetica,sans-serif;"><span><span style="font-size: 11pt; color: rgb(0, 0, 0); background-color: transparent; font-style: italic; font-variant-ligatures: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Solution: Impact Investing Group</span></span><br/><span id="docs-internal-guid-281eedc4-2bb3-2fcb-43ac-f51005360fac"><span style="font-size: 11pt; color: rgb(0, 0, 0); background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">The goal of the Impact Investing project is to invest a fund (that will initially originate out of a grant/endowment from Swarthmore College). This fund will be initially invested by pro bono Swarthmore alumni investors while abiding by the social, governmental, environmental principles of Impact Investing. Over the course of a couple of years, returns on investments will be allocated to the spin-off fund that Swarthmore entrepreneurs can apply for. The returns generated from the investments will financially support more mature Swarthmore entrepreneurs at their spinout/scaling stages.</span></span><br/><span id="docs-internal-guid-281eedc4-2bb3-2fcb-43ac-f51005360fac"><span style="font-size: 11pt; color: rgb(0, 0, 0); background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">In parallel, students at the Swarthmore Investing club can gain educational and practical experience in investing by giving assistance to the pro bono Swarthmore alumni investors network. They will be the guardians of the Impact Investing fund. This educational partnership will secure a pipeline of socially minded-investors that are making returns for Swarthmore entrepreneurs. </span></span></span>
<span style="font-family:arial,helvetica,sans-serif;"><span><span style="font-size: 11pt; color: rgb(0, 0, 0); background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">As a result, the Impact Investing project will not only educate future socially-minded investors, but it will also incentivize young entrepreneurs to prove themselves and gain access to spin-off funding opportunities. The Impact Investing project will</span></span></span><span><span style="font-size: 11pt; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;"><span style="font-family:arial,helvetica,sans-serif;">therefore</span></span></span><span style="font-family:arial,helvetica,sans-serif;"><span><span style="font-size: 11pt; color: rgb(0, 0, 0); background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">be a merit-based, socially-minded, and educational incentive for Entrepreneurship.</span></span><br/><span id="docs-internal-guid-281eedc4-2bb3-2fcb-43ac-f51005360fac"><span style="font-size: 11pt; color: rgb(0, 0, 0); background-color: transparent; font-style: italic; font-variant-ligatures: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Stakeholders:</span></span></span>
*<span style="font-family:arial,helvetica,sans-serif;"><span><span style="font-size: 11pt; color: rgb(0, 0, 0); background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;"></span></span><br/><span id="docs-internal-guid-281eedc4-2bb3-2fcb-43ac-f51005360fac"><span style="font-size: 11pt; color: rgb(0, 0, 0); background-color: transparent; font-style: italic; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;">Swarthmore Finance and Investment OfficeStakeholders: will be key in securing the initial grant and endowment for the Impact Investing project.</span></span></span>
*<span style="font-family:arial,helvetica,sans-serif;"><span style="font-size: 11pt; white-space: pre-wrap; background-color: transparent; color: rgb(0, 0, 0)larger;">Lang Center for Civic Swarthmore Finance and Social ResponsibilityInvestment Office: will connect mature Swarthmore entrepreneurs be key in securing the initial grant and project leaders to endowment for the Impact Investing project.</span></span>
*<span style="font-family:arial,helvetica,sans-serif;"><span style="font-size: 11pt; white-space: pre-wrap; background-color: transparent; color: rgb(0, 0, 0)larger;">Lang Center for Innovation Civic and LeadershipSocial Responsibility: will educate and nurture connect mature Swarthmore entrepreneurs and project leaders in their initial entrepreneurial stagesto the Impact Investing project.</span></span>
*<span style="font-family:arial,helvetica,sans-serif;"><span style="font-size: 11pt; white-space: pre-wrap; background-color: transparent; color: rgb(0, 0, 0)larger;">Swat CareersCenter for Innovation and Leadership: can be helpful will educate and nurture Swarthmore entrepreneurs and project leaders in finding Swarthmore alumni who are willing to work pro-bono or train students on how to invest moneytheir initial entrepreneurial stages.</span></span>
*<span style="font-family:arial,helvetica,sans-serif;"><span style="font-size: 11pt; white-space: pre-wrap; background-color: transparent; color: rgb(0, 0, 0)larger;">Swarthmore Alumni OfficeSwat Careers: can be helpful in their outreach to investors finding Swarthmore alumni who are in the Swarthmore alumni networkwilling to work pro-bono or train students on how to invest money.</span></span>
*<span style="font-familysize:arial,helvetica,sans-seriflarger;">Swarthmore Alumni Office: can be helpful in their outreach to investors who are in the Swarthmore alumni network.</span> *<span style="font-size: 11pt; white-space: pre-wrap; background-color: transparent; color: rgb(0, 0, 0)larger;">Swarthmore Investment Club: will be exposed to best practices in Impact Investing. They will support and assist pro bono investors of the Impact Investing project. This educational experience will ensure the sustainability of the pro bono investor pipeline.</span></span>
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<br/><font color="#000000" face="arial, helvetica, sans-serif"><span style="font-size: 14.6667px; white-space: pre-wrap;">'''<span style="background-color:#ffffe0;">Strategic Priority #3.2 (Lamia 2018):</span>'''</span></font><span style="color: rgb(0, 0, 0); font-family: arial, helvetica, sans-serif; font-size: 14.6667px; font-weight: 700; white-space: pre-wrap;"><span style="background-color:#ffffe0;">Develop spin-off opp</span>'''<span style="background-color:#ffffe0;">ortunities to support more mature entrepreneurs at Swarthmore College by</span>'''</span>'''<span style="color: rgb(0, 0, 0); font-family: Arial; font-size: 11pt; white-space: pre-wrap;"><span style="background-color:#ffffe0;">connecting these entrepreneurs to the resources needed for them to accelerate in the ‘real world’.</span></span>'''
<span style="background-color: transparent; color: rgb(0, 0, 0); font-size: 11pt; white-space: pre-wrap;"><font face="Arial"><u>Potential Components</u></font></span>
*<span id="docs-internal-guid-84b1aae3-7fff-dab9-9651-b472edbba452"><span style="font-size: 11pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wraplarger;">Business network - connection to established UX designers, marketing freelance, other entrepreneurs in the industry etc.</span> *<span style="font-size:larger;">Connection to real investors - alum network, potential opportunity to pitch in front of them</span>
*<span id="docs-internal-guid-84b1aae3-7fff-dab9-9651-b472edbba452"><span style="font-size: 11pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wraplarger;">Connection to real investors - alum networkother pitch competitions (including some that other students have already pitched at and have connections to) ex. Global Startup Ecosystem, University Startup World Cup, potential opportunity to pitch in front of them</span></span>
*<span idstyle="docsfont-internal-guid-84b1aae3-7fff-dab9-9651-b472edbba452size:larger;">Scholarship opportunities to real business accelerators like Draper University, Y Combinator, 500 Startups etc. in San Francisco and elsewhere</span ><ul style="fontmargin-sizeleft: 11pt; background-color: transparent40px; "><li><span style="font-variant-numericsize: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wraplarger;">Connection to other pitch competitions (including some that other students have already pitched at and have connections to) ex. Global Startup Ecosystem, University Startup World Cup,Funding for summer cohort in these accelerators as an additional option for "summer impact funding"</span></spanli></ul>
*<span id="docs-internal-guid-84b1aae3-7fff-dab9-9651-b472edbba452"><span style="font-size: 11pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wraplarger;">Scholarship opportunities to real business accelerators Accepting credit for programs like Draper University, Y Combinator, 500 Startups etc. in San Francisco and elsewhere</span>towards an entrepreneurship course (Under Economics? Peace & Conflict Studies?) [longer term goal]</span>
*<span id="docs-internal-guid-84b1aae3-7fff-dab9-9651-b472edbba452"><span style="font-size: 11ptlarger; background-color: transparent; font-variant-numeric: normal; font">Office space on campus for established student-variant-east-asian: normal; vertical-align: baseline; whiterun business -business address and temporary space: pre-wrap;">Funding for summer cohort in these accelerators as an additional option for "summer impact funding"</span>team establishment</span>
*
<span style="font-size:larger;">Accepting credit for programs like Draper University towards an entrepreneurship course (Under Economics? Peace & Conflict Studies?) [longer term goal]</span>
*
<span style="background-color: transparent; font-size: 11pt;">Office space on campus for established student-run business - business address and temporary space for team establishment</span>
<span style="background-color: transparent; font-size: 11pt;"></span><span style="background-color: transparent; font-size: 11pt; white-space: pre-wrap;">Some of these resources may exist independently under different programs or as autonomous activities, but there is no formalised means of connecting them and centralising the steps for a mature entrepreneur to scale beyond Swarthmore.</span><span style="background-color: transparent; font-size: 11pt;"></span>