OUI’s first social enterprise spinout, Sophia Oxford, will implement a multidimensional poverty index and standards intended to help corporates respond to the needs of workforces.
University of Oxford unveiled its first social enterprise spinout yesterday in the form of UK-based poverty assessment provider Sophia Oxford, which has an exclusive licence for poverty measurements devised at the university.
The spinout will work with corporate clients to implement a multidimensional poverty metric called the Business Multidimensional Poverty Index (BMPI), the invention of researchers from the Oxford Poverty and Human Development Initiative (OPHI) led by its director, Sabina Alkire.
BMPI, which was developed in collaboration with…