The Power of Impact Investing through Social Enterprise

 
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Space for Humanity (S4H) is developing a unique Ambassador program with a foundational focus on the United Nations Sustainable Development Goals (UN SDG’s). Our applicants will identify which UN SDG they are most passionate about, and then develop a social impact plan around that issue. Our plan is to work alongside each ambassador in the development of a nonprofit or for-profit social enterprise.

The social enterprise model appeared in the late 1970’s with origins in the UK—the idea was to provide an alternative to traditional models of private business and public enterprise. Ideally, an entity would be held accountable in creating social wealth, maintaining financial viability, and operating in an environmentally responsible manner. One of the ways in which S4H plans to support our ambassadors is by creating an incubator and accelerator program where ambassadors will have access to resources, mentoring, strategy, and support during the timeline from ideas/concepts to implementation and launch of social impact ventures. 

The Rockefeller Foundation coined the term “Impact investing” in 2007. In this case, the idea is that investments would be placed in the hands of startups that look to drive both profit and a sustainable revenue model while also providing social, economic, or environmental good as key components of the organization's basic operations. This intention can be actualized in the form of behaviors such as reinvestment of profits into community-based efforts or revenue models to create sustainable funding as a nonprofit. 

There are numerous emerging models for developing social impact. One excellent example that is working well on a large scale is Acumen Fund—a nonprofit impact investment fund contributing to social enterprises that serve low-income communities in developing countries. Over the past 15 years, Acumen has invested $120m in these types of enterprises to increase social and economic impact. Acumen focuses on companies working on one or more of five portfolio areas—namely water, healthcare, housing, energy, and agriculture. In addition to the investment of financial capital, the organization also contributes to human and knowledge capital through development in key business areas including strategy, planning and performance management.

Space for Humanity is developing a simple model to provide grants between USD $15,000 and USD $25,000 to each Ambassador.  We will work alongside the Ambassador to navigate strategic partnerships through the creation of a nonprofit or for-profit venture, impacting their local, regional, national or international communities. We believe that with basic financial investment and support for developing organizational structure, reporting, human capital, and a vision for change, our Ambassadors will maximize impact in their communities. In this way, we will provide a practical approach to our goal of “bringing the Overview Effect down to Earth” by sending a diverse group of people into space, where they will be given “the gift of perspective.”

You can participate in making this extraordinary adventure happen by contributing to our current campaign. We are developing a leadership training program that will equip our Social Impact Ambassadors to transform their communities and beyond. Join us now! 

Sangeet Kaur Sood to Join Space for Humanity Board of Directors

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DENVER - Space for Humanity is delighted to welcome Sangeet Kaur Sood to the Board of Directors. 

Sangeet brings a diverse background to the Space for Humanity Board. Sangeet is experienced in capital markets, with a deep public relations background as well. She founded Osaka Capital Corp., a Toronto-based financial communications firm. She was a partner at San Francisco-based Parachute Marketing, where she led the Canadian team servicing the technology sector. 

At the same time, Sangeet is a space enthusiast and meditator. It has been these explorations that have led her to see the importance of Space for Humanity’s mission, and how it will serve to impact our planet.

“I am thrilled to welcome Sangeet to the Board of Directors,” notes Rachel Lyons, Executive Director. “As many have said, we cannot address the problems that we’ve created from the same context in which we have created them. Sangeet has worked passionately to forward the expanded worldview we need. It is an absolute honor to have her on the board.”

"I am ignited by Space for Humanity’s audacious vision.  Opening access to space for global citizens will allow many to experience a transformative perspective of our shared planet,” states Sood. “We will witness an expansion of human consciousness with an in-depth perspective, beyond borders, to solve complex global issues. It is an honor to join the Board of Directors of Space for Humanity and I look forward to my continued work with this important organization." 

ENDS

For Inquiries

info@spaceforhumanity.org


Sarah Cruddas to Join Space for Humanity's Board of Directors

DENVER - Space for Humanity is delighted to welcome Sarah Cruddas to our Board of Directors.  

Sarah is a space journalist, TV host, author, and global thought leader in the commercial space sector. She has an academic background in astrophysics, specializing in AGN detection. 

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Sarah is currently the host of the new Prime Time US television series Contact on Discovery and Science Channel. She is also the host of various other US television documentaries about space on Discovery and Science Channel. In the UK, she is a regular face on various national television channels including Sky News, ITV, Channel 5, Channel 4 and the BBC and has appeared on various shows include Coast, Sunday Morning Live, Good Morning Britain and Derren Brown. 

Sarah is the author of three Children’s books, the most recent of which, The Space Race, highlights a history of space exploration, as well as possibilities for our space future. She is currently writing her first adults book for publication in 2020. 

“Sarah has done incredible work throughout her entire career in forwarding new space and spreading awareness,” Notes Dylan Taylor, Founder of Space for Humanity. “Her global perspective will be very valuable to the organization and we are honored to have her on the board.”

Speaking of the appointment, Sarah Cruddas said "I am delighted to be joining the Board of Directors at Space for Humanity. The exploration of space is the most significant thing we will ever do as a species. However, in order to achieve this, space needs to be for the many, not the few. The work being done at Space for Humanity has the potential to transform not only who space is for, but also life on Earth and the way we see our home planet. I look forward to continuing to work with Space for Humanity, in this new role, helping to make the seemingly impossible, possible."

ENDS 

For Inquiries

info@spaceforhumanity.org

On Apollo 11 anniversary, Space for Humanity invites ‘regular people’ to go to space

DENVER, July 18, 2019 – Fifty years after highly trained NASA astronauts set foot on the moon, Space for Humanity today urged people from all walks of life to apply to go to space with all expenses covered by the nonprofit. Each crew member, however, must lead a long-term initiative with tangible social benefits after the once-in-a-lifetime experience.

“We believe space should be accessible to everyone, and that space travel creates a sense of awe that dramatically transforms people’s perspectives, as it clearly did for the Apollo 11 crew,” Rachel Lyons, executive director of Space for Humanity, said from the NewSpace Conference in Washington. “Our mission is to help regular people become citizen astronauts and, subsequently, social ambassadors working for the benefit of people and the planet.”

Now Taking Applications

The Denver-based organization today reopened its application process, asking candidates to describe why they want to see Earth from space and to propose a social impact project. The application is designed to support empirical research into how seeing Earth from a distance changes a person’s values. Conducting the research will be University of Pennsylvania research scientist David Bryce Yaden, an authority on the “Overview Effect” – the cognitive shift astronauts experience as they view the planet from orbit or on lunar missions.

“In my research, I have found that many astronauts report seeing the Earth from afar has affected them deeply and in an enduring way,” said Yaden. “By studying the experiences of Space for Humanity’s citizen astronauts, we think we can quantify this often transformative process and learn more about how the Overview Effect works, how long the changes might last, and how new perspectives can inspire positive action on behalf of humanity as a whole.”

Unlike initiatives to send wealthy tourists or artists to space, Space for Humanity is committed to democratizing and diversifying space travel, bringing the opportunity to diverse socioeconomic segments and de-emphasizing traditional astronaut credentials such as aviation and engineering expertise.

“Many of us thought during the riveting moments of the moon landing that the day would come when humans from all walks of life would follow in the footsteps of Neil Armstrong and Buzz Aldrin,” said Space for Humanity advisor Frank White. White coined the term “Overview Effect” and is author of The Overview Effect: Space Exploration and Human Evolution a seminal work on the topic. “Today, ordinary citizens’ dreams of space exploration are becoming reality, and we believe the changes they experience can tangibly improve life on Earth.”

What’s next in flight preparation

A crew of citizen astronauts will be selected for the first Space for Humanity flight in the months following the closing of the applications. Their chosen social impact venture must somehow advance the United Nations’ Sustainable Development Goals, which include ending poverty and hunger, and promoting equality, learning, environmental protection, health, peace, and economic opportunity.

Space for Humanity is currently raising funds for capacity building, program development, and flight training for astronauts. Early donations have been secured, and a fundraising campaign surrounding financial goals will commence in coming months. Space for Humanity’s leadership team is engaged in talks with several potential launch partners, including Blue Origin, as private space companies race to achieve readiness for crewed flights.

About Space for Humanity

Space for Humanity is a nonprofit organization founded to create a positive social impact on the world by enabling citizen astronauts from all backgrounds to experience the cognitive shift in worldview that can occur when seeing Earth from space. www.spaceforhumanity.org

For more information, to make a gift, or collaborate with us, spaceforhumanity.org/contribute.