Standards of Evidence for Impact Investing: a new approach to balance the need for evidence with innovation – Nesta

30 10 2012

See on Scoop.itInclusive and Sustainable Business

The Standards of Evidence are on a 1 to 5 scale. The starting point for all those we will fund is Level 1, this involves a clear articulation of why a product or service could have a positive impact. As the levels are progressed it will be expected that data is collected to isolate the impact of the product or service, the findings are validated externally, and by level 5, demonstrable evidence that the product or service can be delivered at multiple locations and still deliver a strong, positive benefit…

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