Big tech is broken. From Uber’s sexual aggravation aspersion to Mark Zuckerberg’s Congressional affidavit and Elon Musk’s Twitter meltdown, tech disillusionment is absolutely starting to set in for many people.

It’s a shift that’s apparent everywhere. Last month, at SXSW — commonly an apparent anniversary of new tech — Elizabeth Warren, one of Big Tech’s better enemies, was one of the main speakers.  

A growing number of people in the industry dares to ask the hard questions: What do we do about privacy? How do we keep AI in check? Can claimed data be acclimatized to do good? At the same time, there’s a growing accord companies should serve a civic purpose as against to mainly making profits.

At the same time, consumers have alteration preferences, too. According to recent research, over one-third of consumers prefer to buy from brands with clear social and ecology goals. Another study shows that nine in 10 consumers expect companies to do more for the world than make a profit.

That times are alteration is also reflected in social entrepreneurship. The number of startups founded to solve social and ecology issues has been growing steadily. A 2016 report by Global Entrepreneurship Monitor (GEM) shows that globally, about a third of all startups now aims for social good.

What characterizes this new breed of social entrepreneurs?

#They’re young

Although the boilerplate age of entrepreneurs is amid 25 and 45 years old, the people starting companies are acceptable adolescent and younger. Looking at (operating) social entrepreneurs in particular, in the age group 18 to 34, there are more social entrepreneurs than bartering entrepreneurs in every global region, except for Latin America and the Caribbean.

Younger entrepreneurs also seem to have hardly altered priorities. A all-embracing study of 3,700 business owners across 11 countries, commissioned by HSBC Private Bank, showed that people in their 20s are more likely than those aged over 50 to focus on having a absolute impact in society. In addition, while business owners of all ages are motivated by accession claimed wealth and being their own boss, the adolescent bearing feels these factors are less important.

In this year’s Chivas Venture — a global antagonism that gives away $1 actor in no-strings allotment every year to the hottest social startups from around the world — 15 of the 20 founders who accomplished the Global Final are in the millennial age group (millennials are born amid 1981 and 1996).  

Take Matthew Piper, co-founder of South-African startup Khula, who’s 25 years old. Piper started his social entrepreneurship “career” while he was still in high school, where he founded a peer apprenticeship group abutting disadvantaged schools to the top acceptance in that region. “Growing up in South Africa, a country with one of the accomplished rates of asperity in the world, I have always been agitated about the lack of equal opportunity,” he adds.

Khula offers a agenda belvedere for farmers, abutting them to buyers. Because they can acknowledge to orders collectively, small local farmers can access their volume, acceptance them to accommodate aftermath for bigger clients. The app gives added abutment through group buying inputs at a lower cost, abutting with local experts, and alms lower-cost logistics.

#They’re diverse

Another absorbing accomplishment of social impact startups: They tend to be more assorted and across-the-board than their more commercial, profit-driven counterparts. A 2015 survey of over 1,100 social enterprises in the UK, for example, found that 40 percent of social enterprises are led by women, 31 percent have admiral who are non-white, and 40 percent have a administrator with a disability. In Australia, social enterprises employ twice the rates of people with affliction and female managers as boilerplate small businesses.

And assortment in companies absolutely pays off. Assorted teams are better at analytic problems and make companies more profitable, analysis shows. This is abnormally true for administration teams. As key accommodation makers, leaders have a major impact on how a business performs. A lack of assortment in administration will halt addition and hurt business growth.

Ha Trinh, accepted administrator of Vulcan Augmetics, believes her team’s high level of assortment is one of its key strengths. The Vietnamese startup, which makes affordable, modular robot arms for amputees, not only employs people from altered backgrounds and cultures — Trinh is Vietnamese, her co-founders are British and Indian — but also looks accurately for engineers with disabilities to join the team.

Vulcan Augmetics’ modular robot arms click together, like Lego, and are targeted at the 38 actor amputees currently living in developing countries. Because accepted prosthetics are not acceptable for all concrete tasks, attached blue-collar workers mostly, the aggregation designs specialist hands that serve specific job-based functions. This way, lower income amputees can reenter the workforce and regain banking independence.

#They may be entrepreneurs by accident

Sure, there are business owners who’ve dreamed of Silicon Valley distinction ever since they were little. But many of them didn’t set out to become entrepreneurs, they just sort of… did.

According to a study by The Recruit Venture Group, one-third of business owners never planned on starting their own company.

Gergana Stancheva is one of these ‘accidental’ entrepreneurs. Schooled as an illustrator and designer, she never anticipation she would own a business someday. “Working in print houses, I became aware of the ecology issues associated with printing,” she explains. “The glossy top layer used for annual covers, posters and menus, is commonly made of artificial so not degradable.”

Stancheva came up with a biodegradable laminating film and founded Lam’on, which is based in Bulgaria. Lam’on isn’t more big-ticket than accepted solutions and print houses don’t need to buy any specific accessories to use it, making it acutely competitive. “We can make print ethical and controllable for anybody involved,” Stancheva adds.

From claimed problems to big businesses

In many cases, adventitious business owners are also “user entrepreneurs;” people who came up with a band-aid for a claimed problem, apparent others have the same botheration and built a business around this idea. According to a 2015 study by the Ewing Marion Kaufmann Foundation, this group launched more than 46 percent of US startups that lasted five years or longer.

This is absolutely true for Tey el-Rjula, architect and CEO of Tykn. A Syrian born in Kuwait, el-Rjula’s birth affidavit got lost during a bombing in the city in 1990. As an adult, El-Rjula found a job in Dubai which later accustomed him to accurately work in the Netherlands too, where he became a software trainer.

But when his work permit asleep in 2014, “invisible” el-Rjula was forced to live in Syrian refugee camps in the Netherlands for two years. Here, he met a number of Syrians who, just like him, had lost ID abstracts or were unable to verify them. And so the idea for Tykn emerged: paperless identities on the blockchain. “Our character belvedere can validate the actuality of airy accouchement by acceptance midwives to digitally sign parent IDs,” he concludes.

This post is brought to you by The Chivas Venture.