Singularity University (SU), a global community with a mission to educate, inspire, and empower leaders to apply exponential technologies to address humanity's grand challenges, today announced SU Ventures, a new program designed for the unique and more long-term needs of impact-focused startups.

In order for these startups to become high-growth, sustainable businesses, they need early and ongoing funding, rapid and iterative customer testing to inform product development, as well as connections to a global network of domain experts and potential partners.

The emphasis on sustained engagement is critical. These entrepreneurs are tackling humanity's greatest challenges surrounding water, food, disaster resilience, climate, health, and education, to name a few, by using rapidly evolving, exponential technologies such as artificial intelligence, virtual reality, digital biology, and nanotechnology.

The difficulty of their missions is of a different order of magnitude to the traditional entrepreneurial effort, which is often focused on bringing the next generation of existing solutions to market. Rather, these social impact creators are striving to solve big problems that could favorably impact a billion people within ten years with their moonshot initiatives.

Read the full article at New Kerala