Sadik Harchaoui is the director of Impact Society and the Centre for Social Entrepreneurship at the NSOB. Since 2007 Sadik is the Chairman of the Board of Social Development. Impact Society develops and lobbies on innovative financing arrangements such as the Social Impact Bond (SIB), for entrepreneurs who want to solve urgent social issues. These companies create social impact, they do it in a socially profitable way and are also financially profitable. Impact Society acts as an intermediary between entrepreneurs, investors, funds and government.