what is tech4pi – technology for the public interest?
experience creating and commercializing tech for social good
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7 Cloud technology powered by artificial intelligence has enhanced our lives in ways we never imagined possible. How can we leverage these technologies to maximize impact for millions of nonprofits and social organizations worldwide? For technology to address complex problems in society, it must be grounded in a deep understanding of human behavior, cultural differences, empathy, inclusion, and social connections. Technology for Public Interest – #tech4pi, is a field dedicated to leveraging technology and proven sustainability models to support social sector organizations in delivering their mission. A 3-year journey, incubating 7 successful tech for good ventures at Giving Tech Labs, inspired the first draft of these principles. It is a checklist we followed to create successful incubations such as VidaNyx. When we did not follow one of these principles, we failed to deliver real sustainable, and impactful Tech4PI. With the input from our Advisory Council and other experts, as well as constant learning from the data captured over time, we will make these principles core guiding elements of Tech4PI built under the X4Impact exchange. Our goal is to inspire the creation of sustainable tech ventures that address our urgent needs in society. These principles inform Independent Software Vendors (ISVs), Social Entrepreneurs, and Tech innovators to help them evaluate if their existing technology or potential solution that serves a social need, meets the full criteria and can be listed in the X4Impact Exchange as Tech4PI Certified displaying this badge. subscribe Measurable Impact at Systemic Level Tech4PI focuses on a crisp definition of quantifiable impact on mission delivery, with clearly defined Key Performance Indicators (KPI) that focus on results instead of activities. It embeds the measurement of those KPIs in the core technology built and in the fundamentals of the business model for the created ventures, tying the unit economics of the enterprise to the achievement of the goals related to selected KPIs. Most technology, even tech related to entertainment, helps to make the world a better place. Tech4PI aims to create technology and business models that deliver measurable, sustainable, long-lasting impact to improve people’s lives in a particular urgent segment such as the UN Sustainable Development Goals – UN SDG or related areas. Build long-lasting operational capacity with sustainability models in place Tech4PI fights the well-intended superhero approach of the tech sector that deploys volunteers to create temporary solutions that are eventually abandoned or half baked when those volunteers go back to work. Building capacity means helping to teach people to fish instead of giving them fish as Technology does not solve problems; People do. There are over one million public charities in the US that generate over two trillion dollars in revenue every year. They are the equivalent to the 10th largest economy in the world by GDP. Yet we operate under a model of scarcity where tech solutions exist as a series of fragmented one-off solutions serving the needs of local non-profits, which often work individually, through RFPs, with consulting firms to create custom solutions rather than taking a systemic approach. By focusing on addressing issues at a systemic level, Tech4PI can better define sustainability models anchored on delivering value by saving costs or increasing capacity and achieving profitability through revenues, or attracting sponsors and donors that connect with the measured impact. Ethical Application of Technology We seek to transform the data into knowledge working under strict ethical and privacy principles to process the data collected by NPOs as they deliver on their mission. That knowledge can help to reduce operating costs, increase capacity, identify opportunity areas. It can also advance the speed at which researchers, academia, and experts learn by moving from research based on small samples to research with access to tens of thousands or even millions of data points. Data Driven, Centered on Empathy and Inclusion We have made tremendous progress by connecting through tech. Still, we are also distorting society values and mental health through social networks, becoming the channel for standards of beauty, success, or performance that are impossible to match. Tech4PI should always create empathy, make us feel that we belong. Change through a Collective Impact We want to build an ecosystem where technologists can connect to and support organizations that serve the public and general public interests. It includes nonprofit organizations, government, philanthropists, universities, and private sector companies operating under a crisp definition of impact defined as measurable improvement in human life and conditions.Giving Tech LabsVidaNyxAdvisory Councilsubscribehttps://azure.microsoft.com/en-us/overview/startups/https://www.vulcan.com/