Co-founded in 2016 by Barclays and Unreasonable Group, Unreasonable Impact is supporting growth-stage entrepreneurs whose ventures have the potential to employ thousands of people worldwide while solving some of the most world’s most pressing social and environmental challenges.
The programme is designed to support growth stage ventures with advice and guidance from a global community of world-class mentors and industry specialists, including experts from across Barclays, and whilst Unreasonable Impact historically consisted of three intensive two-week accelerators held annually in three distinct regions, the COVID-19 pandemic has resulted in a redesign of the offering to be entirely virtual.
Read the 2019 Unreasonable Impact Report (PDF 36MB) highlighting the programme’s achievements from the first three years of the partnership.
Barclays has committed to supporting 250 businesses through Unreasonable Impact by 2022.
SCALING IMPACT Unreasonable Impact strives to support the most effective companies solving key social and environmental challenges. Success is determined by tracking their impact on the specific problem they set out to address.
SCALING FASTER The programme monitors participating companies’ scale and growth in revenue, profits, customer/user reach, financing, team size and geographic expansion.
JOB CREATION The programme supports companies positioned to create at least 500 jobs each over the next five years.
Our global reach
Unreasonable Impact is a first of its kind international accelerator network with programmes in the Americas, Asia Pacific and the UK and Europe.
Meet the programme ventures
Each company that participates in the Unreasonable Impact programme is solving a pressing societal or environmental challenge and, ready to scale, has the potential to create at least 500 jobs over the next five years.
A peek inside the programme
The structure of a Unreasonable Impact programme is designed to help each of the participating entrepreneurs quickly solve the key challenges facing their business in order to overcome obstacles to scale. With the programmes now spanning several months, each virtual session has been meticulously and carefully curated to be truly impactful, engaging and beneficial. See how we select our ventures below.
How we select our ventures
FOR-PROFIT: We only work with for-profit business models that can leverage the scale and financial sustainability characteristic of operating in a market economy.
GROWTH STAGE: We seek ventures that have generated between $10 million and $500 million USD, whether in revenue, financing or a combination of both.
GEOGRAPHY: Unreasonable Impact takes place in three key markets: the Americas, UK and Europe, and Asia Pacific. For each programme, we source the top 10-15 most impactful businesses that fit the Unreasonable Impact criteria and invite them to attend the programme in their respective region.
DIVERSITY: It is critical that our cohort be a diverse mix of gender, ethnicity, geography, life experience and industry.
Unreasonable Impact COVID-19 Response
As a direct response to the pandemic and as an extension of Unreasonable Impact, in 2020, Barclays and Unreasonable Group launched the Unreasonable Impact COVID-19 Response – a US$2m fund for entrepreneurial solutions addressing immediate and long-term challenges resulting from the global pandemic.
The fund was established to support and amplify the work of 23 Unreasonable ventures that have pivoted their businesses to directly make an impact on COVID-19.
To find out more, watch the Unreasonable Impact COVID-19 Response Global Summit.