What is New Profits selection process for portfolio organizations?
New Profit chooses portfolio organizations using a rigorous evaluation process against key selection criteria. Our due diligence process involves New Profit investors, board members, and peer social entrepreneurs who select a small number of investments each year from a pool of several hundred candidates, and entails extensive interviews with management teams and board members, competitive landscape analysis, review of financial performance, and interviews with other key stakeholders. We view the due diligence process as critical preparation for undertaking long-term partnerships with potential portfolio organizations, spending at least 80 hours with finalists to determine the organizations fit.
