How Impact Accelerator

New Sun Rising Maximized Social Impact 

New Sun Rising

New Sun Rising is a Nonprofit organization that provides capital and resources to local businesses in Pittsburg to achieve “community vibrancy” through their products and services. The equity and vibrancy is achieved through: Strengthening Culture, Promoting Environmental Sustainability, and Creating Economic Opportunity.
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The challenge for systemic social change isn’t the lack of talent or inventive solutions to society’s pressing issues. Instead, it’s the missed chances, relationships, and opportunities that lack nurturing at the local level. To reach the full potential of equitable growth, it is crucial to building from the bottom up and inside out while scaling up successful models.
New Sun Rising is engaged with Sopact for 18 months.

Building Impact Ecosystem

Process before Sopact

  • Using multiple tools.
  • Complex data management
  • Inefficient data collection and analysis
  • Impact communication is poor
  • Not getting investment impact data

 

Result before Sopact engagement

  • Disconnected data
  • Spent lots of time in data management
  • Data insight is not enough, only collected output data
  • Unable to make decisions with the data.
  • No verifiable impact
  • Can not scale

After an  engagement with Sopact 

  • All impact data at one place
  • Easy data management
  • Investment strategy for due diligence and impact verification in place
  • Impact stories backed by solid outcome data
  • Global standards alignment

What changed?

  • Resources saved on multiple tools (buying, developing, subscribing, managing)
  • Time saved on data management
  • No opportunity loss with insight
  • Resource allocation based on data to maximizing impact
  • Verifiable impact with evidence
  • Speaking the global language
  • Contributing organization as collective impact

Key benefits of maximizing impact

1) Serving more entrepreneurs with improved capacity.

2) Opportunity to increase the data capacity of entrepreneurs with the Impact Cloud® platform to have a connected impact.

3) Ultimately fulfilling the goal of creating stable, sustainable, and vibrant communities in Pittsburgh, PA.

Proof of Change

RESULTS

  • Aggregated impact portfolio dashboard at fingertip
  • The capability of mapping the insight with the Community Vibrancy dashboard.
  • Efficient partner data collection & insight
  • Data-driven investment decision  opportunity based on insight

Learn More:

Social Impact Strategy

Building Vibrant Communities

Download our case study and learnings from New Sun Rising. 

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