Monday
October 21
2024

Press Release: Resolution Project and Enactus Global Combine to Create a Global Leader in Youth Social Entrepreneurship

Resolution Project announced the groundbreaking integration of Enactus Global, bringing the organizations together as one of the largest global nonprofits focused on youth leadership and social entrepreneurship. This combined organization serves over 40,000 young social entrepreneurs from the undergraduate level, annually across nearly 100 countries and sets a new standard in promoting and fostering youth social entrepreneurship.

Resolution Project committed over $2 million in Enactus Global and Enactus USA to strengthen the Enactus network and re-staff the organization. The combined offerings of Resolution and Enactus Global create a comprehensive suite of services designed to support undergraduates in everything from initial social enterprise concepts to scaling and investment. This includes mentorship, seed capital, and access to a sector-leading global network, ensuring that young innovators have the tools to turn their ideas into impact.

Resolution Project and Enactus Global Impact:

  • 40,000+ young social entrepreneurs engaged annually.
  • Impact in nearly 100 countries.
  • 691 Resolution Fellows have affected over 6.3 million lives, with their ventures holding at least a $6.5 billion market cap from initial grants of less than $10,000.
  • Combines Resolution Project’s 17-year history of driving social impact with Enactus’ 50 years of leadership and innovation

“Each year, we witness tens of thousands of inspiring and dedicated undergraduate students eager to make a difference in their communities and the world. By uniting Resolution and Enactus, we provide these young leaders with a clear path to immediate action and the opportunity to scale their impactful efforts,” said George Tsiatis, CEO & Co-Founder of Resolution Project

The combination of Resolution Project and Enactus Global represents a significant step in the social entrepreneurship space. At a time when other organizations supporting youth-led social entrepreneurship are winding down operations, Resolution and Enactus Global present an offering for long-term leadership. This resilience is highlighted by a committed and growing set of funders, Board members, staff, and volunteers, along with a robust set of partnerships across the impact ecosystem to anchor and align resources for promising talent.

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Source: Resolution Project (link opens in a new window)

Categories
Social Enterprise
Tags
innovation, nonprofits, scale, skill development, youth