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The Found8 Knowledge Blog

We collect stories so you can learn anytime, anywhere.

Start Up 101

April 18, 2016


What Is Social Impact Assessment?

One of the most commonly asked questions that we aim to answer today is: What is Social Impact Assessment? When you're creating a social enterprise, it's one of the most important questions to answer. You may already have a good story, but you still have to measure the impact you make.

Moving beyond activity and output, SIA is about understanding the outcomes of your project, and the impact it is leaving on society. 

It is the most important way of keeping one accountable to learning, improving and refining your project. 

In this video, Melanie Yap from A Very Good Company explains further on why Social Impact Assessment is a crucial tool to becoming a more resource-efficient society.  To learn more about scaling your business, make sure to attend one of our upcoming events!