Sumerian is an impact first investor where we seek to maximise the social or economic impact of our investments; financial returns are our secondary goal.
We support pioneering social enterprises and charities to achieve their impact potential. Sumerian has an intentional Equality, Diversity and Inclusion (EDI) focus where we prioritise organisations led by or serving women and Black, Asian and ethnically diverse people.
The three key factors we look for in an organisation are:
Clear impact potential
Evidence the organisation has a competent and committed management team
Our experience is that most social enterprises and charities adopting market-based approaches typically demonstrate low and slow growth, and encounter frequent pivot points necessitating regular changes to their business plan. Reflecting these common characteristics, most social enterprises and charities therefore require access to:
Business skills support and mentorship that builds their core capacity
Patient, flexible and affordable funding tailored to their specific needs
Linkages to other stakeholders essential to their growth and impact
Our Key Learnings in Social Enterprises Achieving Viable Growth and Impact
People
Execution capacity is critical. Therefore, committed, capable and experienced management teams with a focus on impact are essential.
More than Money
Business skills support, mentorship and linkages with other stakeholders are critical for viable growth.
Appropriate Funding
Funding must be structured to fit the specific needs of each social enterprise. We collaborate with our partners to tailor appropriate funding that meets their organisation’s needs.
Patience, Persistence and Flexibility
Social enterprises typically follow a low and slow growth path, and encounter many pivot points. So patience, flexibility and persistence are required.
Our Market Positioning
Sumerian is an impact first investor. We focus on the market segment where financial returns are unproven or require concessional financial returns.