The "Impact Licensing Initiative" ("ILI") starts from the observation that there are many technologies still underused or not used while they could solve the global societal challenges of today and tomorrow. “Impact Licensing” is a strategic instrument that brings technologies into societal markets in a scalable and economic sustainable way. We wish to value the interests of technology owners not only via an economic return – calculated on terms that are not very different from traditional technology transfer agreements but that require sustainability - but also via a return expressed in “social impact”. Our ILI-initiative ensures that the IP rights and reputation of technology owners remain preserved and rewarded, while at the same time they achieve their effective integration into existing social venture models to expand the scale and scope of their social value-creation.