Innovation

Profile: Greg Overholt, 2012 FuEL Award Winner

Written by Frank Condron

Greg Overholt

Executive Director | Students Offering Support

Toronto

Employees: 3 | Age: 27

Q&A from Greg Overholt

Greg Overholt believes the key to creating social change is to link sound, scalable business models to philanthropic causes. This is just what he did with his company, Students Offering Support (SOS), an organization combining exam-prep sessions and charitable giving.

SOS recruits volunteer student leaders at post-secondary institutions to form “chapters.” These leaders recruit tutors and set up Exam-AID sessions, for which students pay $10 to $20 to review course materials— much less than the $40 to $60 per hour for-profit tutors charge.

A small portion of the fee goes back to the company, but the rest goes to build schools in developing nations. Since 2004, SOS has raised more than $1 million for education projects across Latin America. “This model is a win-win-win,” says Overholt. “We have opened a lot of eyes to the power that sustainable business models can have on creating positive social change.”

Return to “The Next Generation: Canada’s Top Young Entrepreneurs, 2012”

Originally appeared on PROFITguide.com