We’re celebrating our 5 year anniversary this month by making a $100,000 donation to the Acumen Fund on behalf of our 16,000 store owners. The Acumen Fund is a not-for-profit venture that addresses poverty in South Asia and East Africa, and will use the donation to support pioneering entrepreneurs who are focused on providing critical goods and services such as water, healthcare, housing, and energy to the poor in their native countries.
We're deeply rooted in entrepreneurship here at Shopify (our founder and CEO, Tobi, started Shopify out of his basement), so we decided to do something that demonstrates our passion toward entrepreneurship, while expressing our commitment to helping those in developing countries. We also wanted to do something special on our 5th birthday to thank our awesome customers (we love you!) and let them know how much we appreciate them.
We learned about the Acumen Fund through one of our Build-A-Business Contest partners, Seth Godin, who is on their Advisory Council. From day one, it was clear that the Acumen Fund's mandate coincides perfectly with the spirit of Shopify and we're proud to call them our partner!