The progress Foundation offers a variety of innovative opportunities for social
entrepreneurs, private sector or the non-profit sector a like.
The Progress Foundation provides a true commitment that allows replication, scalability
and appropriate funding tools for social entrepreneurs. We strongly believe that
social entrepreneurial initiatives contain the ideal elements for the construction
of equitable, productive, innovative and self-sustaining communities.
The Foundation provides the private sector with two unique alternatives in order
to promote social impact. The first -made possible by our operational platforms-
direct relationship with the non-profit sector, or, for the first time with hybrid
organizations driven by social missions but defined by their pursuit of financial
returns. The second alternative offers the possibility of being a partner, an investor
for these entrepreneurial initiatives. Our impact investment platform offers the
first and only portfolio of profitable social investment in the country.
We believe that philanthropy and charity, while important and necessary, are not
the only alternatives in the pursuit of poverty alleviation. We offer an alternative,
which is not mutually exclusive to strictly philanthropically approaches, but focuses
on the need to create social impact initiatives that are innovative, sustainable
and profitable. The Foundation proposes an innovative third sector, which uses the
markets force to find real solutions to poverty and inequality.