We still can hardly believe it: Wachswandel was selected by the Impact Factory as one of the most deserving social-impact initiatives – out of over 200 applications. This grant is a decisive milestone for us.
What Is the Impact Factory?
The Impact Factory supports social enterprises in their early stages with coaching, networking, and funding. The program targets teams that want to solve societal problems with entrepreneurial means – and that's exactly what we do with Wachswandel.
What the Grant Means for Us
Beyond the financial contribution, the coaching was especially valuable. We learned to measure our impact more effectively, sharpen our business model, and formulate our pitch in a way that convinces even people who have never heard of wax recycling.
The Impact Factory showed us that we're not alone. There's an entire ecosystem of people and organizations that believe in social entrepreneurship. Being part of it gives us tailwind for everything ahead.
