Michel Scholte

Michel Scholte is co-founder of True Price, a social enterprise that calculates and improves the true price of products. The True Price of a product includes the net social and environmental costs incurred in production, distribution, selling and consumption. Similarly, the True Profit of companies and True Returns of investments include these same costs. In addition, he is member of the Global Shapers – a World Economic Forum community – and member of Worldconnectors - a think tank for sustainability with 50+ Dutch key-decision makers. Before True Price he co-founded NewSilkRoads, a company that co-initiated one of the first co-working enterprises in Cairo, setting a trend in Egypt. In 2011, he worked as coordinator of social entrepreneurs at SOCAP EUROPE 2011, the largest international platform for social entrepreneurs and impact investors. Michel studied sociology at the Vrije Universiteit (VU) in Amsterdam and has an expertise monetizing social externalities.