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Over 80% of Ashoka Fellows have changed the rules that govern our societies and market systems according to a study conducted by Ashoka and the Cor...
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Over 80% of Ashoka Fellows have changed the rules that govern our societies and market systems according to a study conducted by Ashoka and the Corporate Executive Board. Additionally, 72% of Ashoka Fellows are using a market based approach (earned revenue, for profit components or collaborating with businesses), blurring the line between sectors and creating Business Social Congruence. Ashoka Fellows are leading social entrepreneurs who are recognized for the potential to change patterns across society. 172 Fellows from 32 countries participated in the study, which measured 5 types of systemic change ranging from market dynamics, to public policy.
With the help of a robust global nominator network, consisting of partner organizations, businesses, and community leaders Ashoka Fellows are elected and provided with financial support to be able to pursue his or her vision full-time. Candidates must present a new idea that has the potential to transform a whole field, rather than an isolated charitable project.
Ashoka's unique approach invests in individuals and provides strategic support and stipends to remove the financial burdens that would otherwise restrict them from pursuing their ideas. Additional findings from the Ashoka Impact Study show that 78% of Fellows considered this support "critical" in at least three important ways: unconditional acceptance, new perspectives, and increased impact.
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