Why do we
Enterprise plays a vital role in the growth and prosperity of
communities around the world. Through history, entrepreneurs
have led the way in answering unmet needs. An emerging breed
of entrepreneur is using the enterprise model to address issues in
society. From developed to developing world, socially-motivated
entrepreneurs and organizations that support social entrepreneurship
are providing new ways to tackle poverty, unemployment, inequality,
deprivation and other challenges that limit prospects and quality of
life. They are creating change on a local, national and international
scale. In Europe alone, one in four new start-ups is a social business.
Yet as many as 80% of start-ups do not survive beyond 18 months
(Bloomberg, 2013) and the hurdles are even greater for businesses
with social goals.
Business knowledge and skills and connections to others can help
them build momentum and capacity. They need funding too, but
early-stage ventures find it hardest to attract investors. Continuing
Deutsche Bank’s long history of championing initiatives that drive
positive change in society, we created our global enterprise program ,
Made for Good, to help these pioneers succeed.
As many as 80% of
start-ups do not survive
beyond 18 months.
– Bloomberg, 2013
Made for Good achievements
reached since 2011
14,000 hours of support from
Deutsche Bank employees in 2015
in 12 countries
4 million microloans through US$1.8bn
invested in 53 countries since 1997