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What is the best way to demonstrate the social impact of R&D projects to philanthropic organizations?

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If you are involved in research and development (R&D) projects that aim to address social or environmental challenges, you may wonder how to attract and retain the support of philanthropic organizations. Philanthropy is not only a source of funding, but also a partner in creating positive change. However, to convince philanthropic donors of the value and impact of your R&D projects, you need to communicate effectively and convincingly. In this article, we will explore some tips and strategies on how to demonstrate the social impact of R&D projects to philanthropic organizations.

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Mikhail Parfentev

Tech & Data Leadership | 11+ years | Digital public infrastructure | [email protected]
Georges S. Nana PMP? FMVA?

Gestionnaire de programmes & Consultant en intelligence financière | Construire des entreprises solides et résilientes,…

1 Define your impact goals

The first step to demonstrate the social impact of your R&D projects is to define your impact goals. What are the specific problems or needs that your projects address? Who are the beneficiaries or stakeholders of your solutions? How do you measure and evaluate the outcomes and effects of your projects? By clarifying your impact goals, you can align your R&D activities with the mission and vision of philanthropic organizations, and show them how your projects contribute to their desired impact.

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Montserrat Rodriguez

Fundadora y Directora de Mar de Fondos Consultores | Consultora en Planeación Estratégica y Movilización de Recursos | Docente en Alta Dirección
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En mi opinión, muchos de los proyectos pueden tener éxito o no con base en plantear buenos objetivos. Un buen diagnóstico participativo permite reconocer las necesidades de la población y co-crear soluciones de manera conjunta. Es un reto consolidar objetivos de manera aislada, por lo que definir objetivos en común puede aumentar las posibilidades de éxito en los proyectos.

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2 Tell compelling stories

The second step to demonstrate the social impact of your R&D projects is to tell compelling stories. Stories are powerful tools to engage and persuade your audience, as they can elicit emotions, create empathy, and illustrate the relevance and significance of your projects. To tell compelling stories, you need to focus on the human aspect of your projects, such as the challenges and opportunities faced by your beneficiaries, the benefits and changes brought by your solutions, and the testimonials and feedback from your stakeholders. You also need to use clear and simple language, avoid jargon and technical details, and use visuals and multimedia to enhance your message.

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3 Provide evidence and data

The third step to demonstrate the social impact of your R&D projects is to provide evidence and data. Evidence and data are essential to support and validate your stories, as they can demonstrate the effectiveness, efficiency, and scalability of your projects. To provide evidence and data, you need to collect and analyze relevant and reliable information, such as indicators, metrics, benchmarks, and comparisons. You also need to present and interpret your data in a meaningful and accessible way, such as using charts, graphs, tables, and infographics.

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Mikhail Parfentev

Tech & Data Leadership | 11+ years | Digital public infrastructure | [email protected]
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The best way is proving by doing, it could be a pilot project or smth, just to test and prove initial hypothesis and show results to stakeholders.

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4 Highlight your innovation and differentiation

The fourth step to demonstrate the social impact of your R&D projects is to highlight your innovation and differentiation. Innovation and differentiation are key factors to distinguish your projects from others, and to show your unique value proposition and competitive advantage. To highlight your innovation and differentiation, you need to explain how your projects address the gaps or challenges that existing solutions cannot solve, how your projects use novel or cutting-edge methods or technologies, and how your projects offer sustainable or scalable solutions.

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5 Align with the donor's interests and values

The fifth step to demonstrate the social impact of your R&D projects is to align with the donor's interests and values. Philanthropic organizations have different priorities, preferences, and criteria when it comes to supporting R&D projects, and you need to understand and respect their perspectives and expectations. To align with the donor's interests and values, you need to research and learn about their history, goals, strategies, and focus areas, and show how your projects match or complement their interests and values. You also need to communicate and collaborate with them, and seek their feedback and input.

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6 Showcase your impact achievements and challenges

The sixth step to demonstrate the social impact of your R&D projects is to showcase your impact achievements and challenges. Philanthropic organizations want to see the results and outcomes of your projects, but they also want to see the process and learning of your projects. To showcase your impact achievements and challenges, you need to report and share your progress, successes, and failures, and show how you use them to improve and adapt your projects. You also need to acknowledge and appreciate the contribution and support of the philanthropic organizations, and show how you value and respect their partnership.

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Georges S. Nana PMP? FMVA?

Gestionnaire de programmes & Consultant en intelligence financière | Construire des entreprises solides et résilientes, même en temps de crise
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Pour démontrer l'impact social des projets de R-D aux organisations philanthropiques, utilisez des indicateurs clés de performance (KPI) pertinents, tels que les retombées sociales, les bénéficiaires touchés et les changements positifs mesurables. Présentez également des témoignages concrets et des études de cas illustrant les résultats tangibles de vos initiatives, en particulier ceux qui sont alignés aux valeurs des organisations que vous souhaitez intéresser.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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What is the best way to demonstrate the social impact of R&D projects to philanthropic organizations?

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1 Define your impact goals

2 Tell compelling stories

3 Provide evidence and data

4 Highlight your innovation and differentiation

5 Align with the donor's interests and values

6 Showcase your impact achievements and challenges

7 Here’s what else to consider

Philanthropy

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What is the best way to demonstrate the social impact of R&D projects to philanthropic organizations?

1

2

3

4

5

6

7

1 Define your impact goals

2 Tell compelling stories

3 Provide evidence and data

4 Highlight your innovation and differentiation

5 Align with the donor's interests and values

6 Showcase your impact achievements and challenges

7 Here’s what else to consider

Philanthropy

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