Measuring the Social Impact of Early- and Growth-Stage Firms
Client
Grand Central Tech
Faculty
Scott Taitel
Team
Alexis Herschkowitsch, Loulou Momoh, Zuowen Wei, Ziyan Zhao
| Grand Central Tech (GCT) is an initiative funded by the NYC Economic Development Corporation that aims to support and advance companies addressing NYC’s most pressing urban challenges. GCT is considering incorporating social value consideration into its startup screening, valuation, and mentoring process. GCT enlisted a Capstone team to create an introductory tool for assessing early- and growth-stage social impact firms. The team researched existing forms of social impact measurement, conducted informal interviews with companies in the GCT portfolio, and developed and administered a survey of GCT companies to evaluate social impact potential. Based on the results, the team created a Social Impact Dashboard for GCT, accompanied by a comprehensive report about the state of social impact evaluation within the field. |
Capstone Course
Focus Areas
Capstone Year
2017-2018