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Crevisse also initiated an Impact Talent Program i , which is aimed to affect societal change by
addressing personal development. Started in 2012, the programme is an initiative to find young and
talented artists who wish to make a change in society, but have yet to find the appropriate channels
to apply and develop their skills. The Impact Talent Program is still in development.
In its hopes to generate greater local impact, Crevisse has partnered with Korean organisations such
as RootImpact, MYSC, D3Jubilee, Social Enterprise Network (SEN). It also aims to extend the Crevisse
town into other regions and countries in expanding its Asian network to include ChangeFusion and
Social Venture Competition Asia.
The selection process for investment is biannual and 2-3 organisations are selected annually. While
organisations can apply, Crevisse is aware that organisations choose Crevisse as much as Crevisse
chooses them. It outlines its parameters transparently on its website. Crevisse invests in socially
innovative enterprises with a strong business model, that are able to generate revenue. Yet, if the
enterprise does not display a clear social mission, Crevisse will refrain from investing in it ii . Once
Crevisse decides to invest, it invites the organisation to work in their premises where its other
partnered organisations have also moved into to conduct their business operations.
All figures, dates and names are taken from the website: http://www.crevisse.com/about/ and have been
checked and augmented by Crevisse
ii
Interview on 7 April 2014 with Wonyoung Kim.
iii
Interview on 7 April 2014 with Wonyoung Kim.
iv
Interview on 7 April 2014 with Wonyoung Kim
v
Interview on 7 April 2014 with Wonyoung Kim.