We present a conceptual approach that exposes the phenomenon of impact investments as a promoters
of sustainable development from a perspective of dynamic creation and management of sustainable
companies. In order to do so, we based our work on an inductive methodology that uses 3 study cases in
the Colombian context, which exposes the participation of sustainable entrepreneurship and sustainable
business performance as mediators in the proposed association. Like this, we contribute to the emerging
topic of impact investments from the theoretical and practical scopes. Furthermore we present its link
with topics like entrepreneurship and sustainable company management. Finally, we set the ground for
future exercises that empirically examines the suggested model.
