Launch a Startup.

Change the World.

The Social Venture Academy at BYU

Launching student startups (nonprofit or for-profit) that solve social problems.

Develop skills, receive mentorship, and pitch for up to $24,500 funding.

  • Faculty member teaching in conference room

    Learn

    Join the SVA class and learn how to build out your venture.

  • Garrett and Jacob, winners of changemakers competition, holding large check

    Earn

    Pitch your business through the SVA for a chance to earn funding.

  • Two females having a conversaiton

    Improve

    Work with a mentor to improve your business.

What is a Social Venture?

In our case, it is a business that meets the following three criteria:

Hands linked together forming a circular icon
  • The business must address, alleviate, or solve a social issue.

    Creating impact is a core function of the venture, not a secondary objective or natural byproduct. For example, Ecoscraps converts food waste into composted fertilizer. The core product reduces waste and methane, a core greenhouse gas. The company does not simply give 10% of profits to recycling efforts.

  • The venture must help a vulnerable population or the environment.

    Qualified ventures improve the lives of people who are disadvantaged or oppressed in a systemic, societal, or cultural way. For example, Fundación Paraguaya has an agricultural high school that teaches organic agriculture and business skills to poor indigenous youth. The company does not target middle- or upper-class youth.

  • A core part of the venture’s intervention requires funders who recognize the need to work with vulnerable populations and measure outcome data to ensure positive changes in their customers’ lives.

    For example, Resol needed initial capital from funders who believed—unlike standard angel or VC firms—in the organization’s mission to help female Venezuelan refugees build their own business.

Meet the Team

Questions? Get in Touch.