January 2020 Newsletter
As we look forward to what's ahead for the next decade, we have one intention in mind: to meet our entrepreneurs with the same optimism and tenacity in which they run their businesses.
Throughout NESsT's history, committed partners like you have been proactively working with us to steer and support over 1,100 companies towards growth, both in depth of impact and scale. Many of you have formed part of our Business Advisory and Investment Committees, determining which companies to seed and welcome into our incubation program and which others are ready for investment from our patience capital fund.
You chose to act alongside us because we can all agree that:
Sustainability should be a core part of the investing conversation.
Launching a startup is challenging. Growing one that operates in marginalized communities is even more so.
Entrepreneurs that take on this challenge should have access to tailored financing & business services.
Over the next five years, we reaffirm our commitment to several key outcomes in service of the following Sustainable Development Goals.
We will invest in 100 high impact companies, creating 13,000 jobs for people who continue to face huge barriers to dignified livelihoods.
We will work closely with our entrepreneurs to ensure that these livelihoods are environmentally sustainable and gender inclusive.
We will ensure that we work with partners who share this commitment so that we can scale our work and reduce persistent income equality.
We must not waver from this commitment. Our entrepreneurs cannot afford it and neither can we.
It's time to leverage our collective resources to solve the social and environmental problems of our day.
That's why we are here, together.
Onwards.
Nicole Etchart & Loic Comolli
Co-CEOs