PORTFOLIO OF POSSIBLE PROJECTS

We work with pioneers reimagining finance, governance, ownership, and community from the ground up. What matters most is courage, kindness, and alignment with systemic principles. That’s how you find your way onto our list: through trust, shared intent, and the spirit of doing.

The Portfolio of possible projects contains around fifteen highly selected projects each year (or maybe more ☺), representing diverse systemic innovations—spanning multiple forms of capital (economic, social, symbolic, cultural), addressing key systemic topics such as ecological regeneration, steward-ownership and new economic models, equity and inclusion, and narrative change, and drawn from different geographies where pioneering approaches are emerging.

This may include, for example, a regenerative seed fund in Northern Europe, a community resilience initiative in Latin America, an equity and narrative-shift campaign in Africa, or a circular-economy venture in South Asia. Together they form a portfolio designed not just for individual impact, but for synergies across systems and borders.

Next to the Portfolio, we keep a One-to-Watch list that highlights early-stage, emerging initiatives we want to stay close to as they grow into their systemic potential. We will embrace these initiatives and support them in other ways. More on them in a next chapter.

Each project touches multiple systems —ecological, economic, social, and narrative —because real change is interconnected. Here we show the strongest fit for each project, while recognizing their influence ripples across all four lenses. Some examples with a link to the We Diligence reports can be found on the next slides. More deepdiveswill be shared soon, as we believe in open sourcing.

Ecological system

• RiverRecycle
• Solhyd
• ResiliAnce Partnership
• Quipar Valley
• The Fungi Investment Collective
• The Future is Funghi Award
• Sumthing

Narrative / belief / emotional system

• School of Moral Ambition
• Shift

Economic system

• Re:living Fund
• Leuven 2030
• Nikutik Wealth Fund
• Crowdbuilding
• We Share Forward Foundation
• Norssken Regenerative Seed Fund
• Better World

Social system

• Masawa Fund
• Krisos
• Impact Shakers
• B Hive

Guiding questions if we think about a portfolio

• How does each portfolio combination create more than the sum of its parts?
• Is each system equal?
• Is the deeper the iceberg the better?
• What is the balance between resilience (H1) and ambition (H2 H3)?
• Which projects act as connectors, amplifiers between systems?
• Is there a system more important than another? Is there an order?
• Is there coherence in projects? Synergies?
• Should we go for H1+H2+H3 horizons?
• Is there a way to follow the systemic dynamics?
• How is the financial flow between the projects?
• What are the innovative capital ecosystem structures?
• How can we make sure capital flows?
• Can we avoid financialization?

It seems easy but it’s not

Our first hypothesis of best combination of projects or the highest return on systemic impact (ROsI)

• Diversity:portfolios spanning all four systems are more resilient than mono-system portfolios.
• Narrative Power:cultural and narrative investments amplify the impact of other projects, high leverage point, or deep in the iceberg is a higher leverage point than on top of the iceberg
• Governance: innovative ownership/governance models are needed anyhow
• Combining horizons & combining capitals & combining risk diversityis best is the best way to create financial flows in the system
• Multi-Scale:portfolios working at different levels (local–global) create deeper & broader leverage.
• Relationsmatter, human connections matter.
• The systemic infrastructurework is anyhow needed as well, we want to work on projects of today but also build the economic system so systemic is the only way.
• It depends also onour other capitals.