Piero, with a co-founding team of six students from Brigham Young University, was dubbed winner of the fourth annual CommonBond Social Impact Award from fintech company CommonBond in partnership with Pencils of Promise. According to CommonBond, the award honors the nation’s top undergraduate entrepreneur whose for-profit business plan drives social good.
“At CommonBond, we believe that for-profit business can and should have a positive social impact. That’s why we have our Social Promise, whereby every loan funded by CommonBond also funds the education of a child in need, through a partnership with Pencils of Promise. We started the CommonBond Social Impact Award four years ago to inspire other businesses to drive social change. The caliber of this year’s applications demonstrates that more than ever, young entrepreneurs are focused on how their businesses can drive social good. I’m proud to award this year’s CommonBond Social Impact Award to Piero, who has already taken great strides to improve accessibility for wheelchair users, and I look forward to helping Piero continue to make an even greater impact.”
“Each of the three finalists demonstrated incredible originality, a strong business plan and the drive to affect social change in their communities. Pencils of Promise and I are proud to partner with CommonBond in presenting the CommonBond Social Impact Award to Piero, and supporting the next generation of social entrepreneurs. Initiatives like the CommonBond Social Impact Award, and CommonBond and Techstars’ entrepreneur coaching, strengthen the charge to make social good a critical part of companies’ business models. I wish opportunities like these were available when I started Pencils of Promise.”