Convergent Impact Inc

Convergent Impact Inc Collaboration, meet strategyIntroducing a better home for high-impact collaborationABOUT USConvergent Impact is a home for initiatives that need more than just a home. We help complex multi-stakeholder initiatives get started on the path to scale by surrounding them with the flexible, expert support they need. ABOUTWHY WE EXIST Some social problems can’t merely be disrupted by innovation, solved through policy change, or resolved with better coordination. They require organizations and people addressing the problem to work in new ways to share information, build new tools, design new business models, and chart new paths to scale. The leaders launching these efforts face unique challenges. They need a dedicated home and targeted support to address them. Convergent Impact is that home. ​ We specialize in supporting impact initiatives that have one or more of the following characteristics: ​ Multiple stakeholders with significant operational interest in the initiative that require a deeper form of collaboration. Shared assets that require careful stewardship, such as technology tools, valuable data, trademarks, and/or branded practices and processes. Blended funding models that require capital from multiple sources including grants, PRIs, impact investments, government funds, and earned revenue. Operational needs that require expertise that doesn’t live under one roof. Unique path to scale that requires business model innovation, spin-off, merger, or intentional sunsetting. WHYOUR SERVICESWe combine competitively priced fiscal sponsorship services with targeted supports tailored to the needs of each initiative, including: SERVICES COLLABORATIVE SUPPORTand strategic project management through a unique partnership with Redstone, using a proven model to advance impact goals in complex systems ASSET STEWARDSHIPof intellectual property and shared assets through our nonprofit structure, experience, and relationships with legal advisors. From contracting to strategy, we bake asset stewardship into the entire incubation process CUSTOM TEAM BUILDINGthrough a network of relationships with leading service providers and flexible recruiting capabilities FUNDRAISING SUPPORTaligned with the needs of the initiative through our experience working across grants, PRIs, impact investments, and other types of funds EXIT PLANNINGthrough our commitment to transition all our initiatives to an independent path to scale within one-to-three yearsOUR TEAMSWe use a project-based model to staff all initiatives, resulting in custom-designed incubation teams guided by explicit milestones and objectives. To assemble these teams, we draw from Redstone consulting and operations staff, a deep network of expert service providers, and recruiting in local and national markets. A board and executive director oversee our entire portfolio of initiatives. TEAMSOUR APPROACHWe design each initiative to meet the needs of our partners and the context of the problem. After an initial process of discerning the initiative’s fitness for Convergent Impact, initiatives typically follow a four-stage path.ENGAGEAn ambitious leader has funding and a concrete idea for impact. We decide together whether to develop an incubation roadmap to house the initiative at Convergent Impact based on mission alignment, capacity to implement, willingness of necessary participants, and timing.APPROACH