It’s time for looking back at 2024 – because we have just finished our Annual Report and I want to share key highlights (plus a link for those who want to dig a little deeper).
2024 was a watershed year for Impacc. We are, I think, beginning to prove our model of a more effective way of development aid through startup investments. Our portfolio has doubled, and so has our donation income. Our ventures have created close to 2,000 jobs.
Meeting countless stellar founders with great entrepreneurial energy, resilience and optimism has inspired us. Seeing that our money and support makes a difference for them has made us happy and kept us going.
We are still in start-up mode ourselves, and still had to invest significantly in building our own organisation. I am happy that the groundwork has now been laid, and that we will become much more effective ourselves in 2025 supporting even more founders and creating even more jobs.
Our 2024 Portfolio has consisted of 9 Start-Ups across 5 Industries in 4 different countries. All start-ups offer solutions to local problems and follow a diverse range of Sustainable Development Goals.
We have also been active on the communication side: This year, we’ve doubled down on our commitment to raising awareness. From tackling poverty through sustainable job creation, to addressing the investment gap in the Global South, and sharing inspiring founder stories, our goal has been to spark change.
Through storytelling engagement and impactful partnerships, we’ve not only spread our message but also ignited conversations that drive action. Here’s a snapshot of our marketing initiatives and their impact this year:
And what makes me especially happy: we have the results to show for our efforts. Our ventures have almost doubled the number of jobs they have created since 2023. So far, they have created close to 2,000 jobs and income opportunities – which very often is the vital step out of poverty. Our portfolio companies have grown an average of over 50% in revenue since they started working with us. And we will soon crack the 1-Mio-Euro mark in cash investments, a mark we have already surpassed in venture building investments on the continent. And all of this because of your generosity in supporting us and following us on our journey.
It was a great year. I have the funny feeling that 2025 will be even better.
If you are interested into the full report, just follow this link. (2024 Annual Report)
