It all starts with you.
Our primary goal is to help high school students in the San Francisco Bay Area launch social ventures that promote positive social change and address the roots of poverty and economic hardship. To do this, we must indulge the ideas of our audacious youth instead of correcting them. So, bring us your ideas and we'll help you build them into an impactful social venture.
What is a social venture?
The concept of a social venture is defined by Nobel Peace Prize laureate Muhammad Yunus as a non-loss, non-dividend company created to address a social purpose.
Like a charity, the goal of a social business is to solve a social problem. However, because it’s a business, it’s also financially sustainable, ensuring independence, security, and the ability/chance to exclusively focus on creating a lasting impact. Instead of donors, a social business has investors. Instead of fundraising, a social business generates a profit—and then reinvests that profit into the company’s innovation and growth in order to increase its social impact.
THE THREE CRITERIA OF A SOCIAL ENTERPRISE
Elix is dedicated to supporting your vision. Through our mentor system, consulting services, and resources, we will help you catapult your ground breaking concept into a ground breaking social venture. Elix offers a unique incubation experience of one to three years, providing the security of time, seed money, and other supports that encourage creative risk-taking that leads to lasting innovation.
Our program is built on four distinct phases: Design, Launch, Tinker, and Surge.