Impact Co.
Summary
Their company, Impact Co., is a consultancy, incubator and co-working space intent on positively transforming communities and services for people who are marginalised, disadvantaged or living with a disability. By contrast, startups, because of their size and culture, are typically more capable of moving quickly to respond to emerging needs of consumers and the community. Working with startups and established organisations enables us to share the skills and capabilities of the two, helping both to achieve better and more enduring outcomes. Red tape and a low tolerance for risk are common barriers that mean organisations from these sectors are slow to react to the emerging contextual environment and to the changing needs of clients and the community. Addressing these challenges will allow innovative ideas to emerge and develop, and for quicker decisions to be made; ultimately, this will enable organisations to adapt to changes more effectively.