Impacc

Impacc is an international, non-profit social business NGO founded in 2020 by Till Wahnbaeck, the former CEO of Welthungerhilfe, and Jochen Moninger. Based in Germany, Kenya, and Ethiopia, Impacc aims to revolutionize traditional development aid by directing social investments into local, sustainable businesses.

Impacc focuses on identifying and supporting innovative, local, and environmentally friendly businesses in Africa. These businesses have the potential to create jobs and opportunities for the poorest segments of the population. Impacc invests donations in these social enterprises, which generate revenue and become self-sustaining in the long term, rather than being spent once[2][4].

The mission of Impacc is to promote sustainable development in the poorest regions of Africa by combining the benefits of the market with a commitment to social change. Impacc believes in a world where all people have a fair chance to escape poverty. The NGO advocates for development aid to be seen not just as a one-time donation but as a long-term investment in the future[1][2].

Impacc is strongly committed to achieving the Sustainable Development Goals (SDGs). Here are some of the key initiatives:

• Poverty Reduction: Impacc creates jobs in poor regions to improve household incomes and reduce extreme poverty. By 2023, 740 jobs had already been created[5].
• Gender Equality: Impacc supports women-led businesses and promotes the hiring and promotion of women in the permanent workforces of the supported start-ups. In 2023, the share of women in the permanent workforces was 51 %[5].
• Environmental Protection: Impacc invests in environmentally friendly businesses, such as in Ethiopia with stoves that gasify wood instead of burning it, and in Uganda with the production of women's sanitary pads made from papyrus. These projects contribute to reducing CO2 emissions and creating sustainable jobs[1][3].
• Financial Support: Impacc directs financial resources from developed regions to African start-ups to reduce global inequalities and promote development in the most needed regions. Since 2020, Impacc has already invested €502,343[5].

Impacc combines aid with self-generated revenues to promote sustainable development in regions where markets have not yet met basic human needs. By providing patient capital and capacity building, Impacc supports innovative founders in building businesses that create jobs and combat poverty[2][4].

• 1 - https://www.forum-csr.net/News/16194/Impacc---Die-neue-Social-Business-NGO-fuer-Entwicklungszusammenarbeit-2021.html
• 2 - https://www.impacc.org/en/what-we-do/
• 3 - https://www.impacc.org/en/our-startups/
• 4 - https://www.impacc.org/de/entwicklungshilfe-neu-denken/
• 5 - https://www.impacc.org/en/our-impact/