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Ensuring all innovators are empowered to start-up and scale with SAP

SAP.iO No Boundaries is the first comprehensive inclusive entrepreneurship initiative in the business software industry.

As a steward of purpose-driven innovation, SAP recognizes our duty to be intentional about how we invest in and scale our ecosystem of software startup partners. We know that driving inclusive entrepreneurship in the enterprise software and VC industries can accelerate innovation, reduce bias, and drive better outcomes.

In 2019, we launched SAP.iO No Boundaries, the first comprehensive inclusive entrepreneurship initiative for underrepresented and underestimated entrepreneurs in the business software industry. We pledged to scale SAP.iO Foundries with a focus on inclusive entrepreneurship and set an ambitious target of supporting at least 200 startups founded or led by underrepresented entrepreneurs by 2023.

In July 2022, we achieved this goal six months ahead of schedule. The 200 startups comprise 44% of our portfolio and represent 51% of the exits in our portfolio, 50% of the unicorns in our portfolio, 42% in cumulative VC raised by startups in our portfolio, and have a greater likelihood to progress in their partnership with SAP.

2028 Commitment

By 2028, 45% of our portfolio companies will be founded or led by underrepresented entrepreneurs. We will continue being intentional about how we scale our ecosystem by prioritizing startups founded or led by people whose share of VC funding in the technology industry is proportionally less than their share of the population (women, people of color, LGBTQIA+, etc.) as well as adding geographical representation as a sourcing focus.

Recent News

Follow our journey as we further embed inclusion in SAP’s culture, in the cultures of customers and in the startups with which we engage.

FoundriesInclusivenessHR & People EngagementInspiring Innovators
May 11, 2023

Inspiring Innovators: Alex Lamb Chief Executive Officer and Founder of BOLDLY-Get A Couch, On Being BOLD

At SAP.iO, we work with innovators and new technologies that positively impact our world every day, and we think it’s time to share their stories with you! In our series,…
April 1, 2023

Check out our progress: 2022 Diversity & Inclusion Report

SAP’s Global Diversity & Inclusion Office has launched the 2022 Diversity and Inclusion Report. The report provides a transparent view of the progress made and highlights some of the key…
InclusivenessPortfolio News
March 27, 2023

The Inspiring Women Behind Digital Innovations on SAP Store

In the bestselling novel Lessons in Chemistry, set in California circa 1961, the protagonist is a female scientist who faces down disrespect, denigration, and downright discrimination to pursue her passion…
March 25, 2023

SVB gave ‘underestimated’ founders ‘a soft place to land.’ Where do they go now?

After the collapse of Silicon Valley Bank, there’s been a lot of talk about the importance of diversification in finance. In the startup world, though, Kange Kaneene says being able…

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