Opportunity for Collaboration: Innovative Finance Consultant

The UCT GSB Bertha Centre for Social Innovation and Entrepreneurship’s Innovative Finance Initiative is looking for a consultant to work with the team on multiple projects related to, for instance:

  • How to mainstream impact investing by attracting traditional investors to the sector? What types of instruments are needed and how might we design such instruments, products, and interventions?
  • How can traditional investors include investing for impact strategies into their portfolios?

The consultant would be working with the innovative finance team to:

  • Conduct research and publish a range of reports and papers related to:
  • Case studies on high-impact / high-potential financial solutions and business models in Africa
  • International developments in impact investing, innovative financial instruments
  • Policy perspectives and recommendations for national and provincial government related to innovative finance and impact investing
  • Demonstrate & test high-impact potential financial innovations and business models
  • Identification of innovative financial solutions that have the potential for high impact in South Africa and Africa at large
  • Design and roll out pilots and feasibility testing of impact investing and innovative finance tools in partnership with key stakeholders
  • Organise and coordinate cross industry gatherings and events
  • Facilitate workshops with policy makers and other stakeholders

EDUCATIONAL & EXPERIENCE REQUIREMENTS

Ideal candidates would bring:

  • A background in impact investing and Environmental, Social and Governance investing
  • Research experience
  • Experience participating in discussions on the topic of impact investing
  • Experience with the impact investing sector internationally and in South Africa, this could include working with foundations, fund managers, governments and multilaterals organisations
  • Experience working with stakeholders across sectors (including private, public, and civil society)
  • A relevant Masters degree

Skill Requirements:

  • Ability to work under tight deadlines and deliver high quality work
  • Ability to manage multiple, often complex and/or competing priorities
  • Ability to communicate professionally,
  • Proficient writing skills, especially publications, policy papers and report writing

Characteristics:

  • Passionate about supporting innovation in the innovative finance market and developing impact investing

REMUNERATION, START DATE, AND TIME REQUIREMENT

Based on agreement. Please submit the following documents via email to natasha.suchecki@gsb.uct.ac.za:

  • Quote including day rates
  • Availability, and
  • Full CV

CLOSING DATE FOR SUBMISSIONS:

Monday 20th August, 12:00pm South Africa time

ORGANISATIONAL BACKGROUND

The breadth and depth of the Bertha Centre’s achievements thus far have been enabled by the support of the University of Cape Town and the UCT Graduate School of Business, and the initial funders of the Centre, the Bertha Foundation, resulting in growing support of both domestic and international partners. In terms of applied work, the Centre has developed strategic capacity and reach in a number of key sectors including healthcare, education, and innovative finance and scaling social enterprises.

South Africa’s socio-economic future is inextricably linked to its neighbours and the region as a whole. As a preeminent business school in Africa we provide a highly regarded conduit into the continent’s markets.

Universities have a particularly significant role to play in an eco-system where government is yet to play a guiding or leading role. Catalysing, enabling and advocating for the social economy includes the Bertha Centre playing the following roles:

  • In our role as a university we are viewed as a credible source of knowledge and research. As such we explore policy implications and new products, document and distribute best practices, and educate traditional players on both the supply and demand side of the market
  • As neutral conveners, we are able to bring together private and public sector actors for collaboration and partnership. We are particularly well placed to work with bodies that may otherwise be sceptical of corporate interests such as the National Treasury
  • We are unique in that we tend to take action on the research that we produce rather than always passing it on to the public or private sector to implement. As such we have opened ourselves up to up to additional projects, funding and partnerships in the social enterprise and investment space and have hired non-academic resources to lead on that work
  • As educators, we have the opportunity to influence the current and next generation of actors and leaders

We believe that a robust social finance market has the power to catalyse and scale social impact, align public and private stakeholders incentives and more effectively allocate capital across the philanthropic, mainstream and governmental spectrum. Our Innovative Finance Initiative is built around the need to develop an impact focused, social investment market in Sub-Saharan Africa, where specific social objectives are set and measured for investments. We take an eco-system approach to this market building by collating knowledge on innovative financing from around the world and Africa, educating private and public stakeholders and creating opportunities for collaboration between public and private, government and NGOs, philanthropists and traditional financiers.

The Bertha Centre is the national and regional partner for a number of significant domestic and international institutions and foundations, such as the Government of Flanders, the Rockefeller Foundation, Tony Elumelu Foundation, UK Department for International Development, the World Bank, Results for Development Institute, World Health Organization, Convergence, South African National Treasury, South African Department of Science & Technology, South African National Department of Health. As such, the Centre is in the unique position of being able to take advantage of being part of several national, regional, and pan-African networks.

Posted in Innovative Finance, Vacancy | Leave a comment

Resources for Social Entrepreneurs

Browse through ‘Resources For Social Entrepreneurs‘ and explore reports; publications; podcasts; social impact, finance, knowledge resources; and practical tools that can assist you in taking your social enterprise to the next level.

Click here to download.

 

Posted in Uncategorized | Leave a comment

INTERNAL Job Opportunity: Events Co-ordinator Bertha Centre

*Please note that only applications from suitably qualified members of the permanent and temporary UCT staff will be considered.

SUMMARY OF THE ROLE
The Bertha Centre for Social Innovation and Entrepreneurship based at UCT’s GSB is looking for a competent and experienced Events Co-ordinator. The individual would work as part of the Centre’s Marketing and Communications team.

The main purpose of this position is to co-ordinate all of the Bertha Centre’s events in line with and in support of the Centre’s Marketing and Communications strategy. All event associated tasks, conducted on behalf of the Bertha Centre are to be actioned within GSB and UCT policies and procedures.

APPLICATION DEADLINE 20 APRIL
Apply here.

Posted in Uncategorized | Leave a comment

Job opportunity: Researcher for Health Systems Entrepreneurship at Bertha Centre

SUMMARY OF THE ROLE
The Bertha Centre for Social Innovation and Entrepreneurship is seeking the services of a researcher to work with the Bertha Centre team, and the Health Systems Entrepreneurship project manager, to codify the knowledge gained during 2017 and to advance this research agenda.

Project Name Health Systems Entrepreneurship
Contact Point Katusha de Villiers <katusha.devilliers@gsb.uct.ac.za>
Start Date As soon as possible.
End Date December 31, 2018
Number of days Estimated to be at 30 days level throughout 2018
Submission guidelines

·   1-2 page proposal outlining approach to managing the programme and meeting deliverables

·   High level budget with estimated days and rates

·   Profile of individual involved

·   CV and sample of previous writing piece

·   Deadline 20 April 2018

BACKGROUND TO THE HEALTH SYSTEMS ENTREPRENEURSHIP PROJECT
In early 2017, the Bertha Centre received funding from Johnson & Johnson based on a proposal that aimed to look at the health systems integration of organizations with m-health innovations. Specifically focused on providing support to organisations that are using mobile technology to deliver quality services at the frontlines of health care delivery and improve community health outcomes, Phase I of this project enabled the Bertha Centre to use and leverage its expertise, relationships, history of success and wealth of academic and practical talent to drive social innovation in health among a key set of mobile health organisations in Africa.

Through this new area of work, entitled Health Systems Entrepreneurship, the Bertha Centre was able to develop an understanding of how social innovation organisations in Africa are working towards greater integration of their interventions across and within health systems, and how this contributes to an articulated understanding of health systems integration work.

A total of four (4) organisations using mobile technology health innovations to improve community health outcomes in East and West Africa were selected following a limited call to pre-identified organizations demonstrating impact, with efficient utilization of technology, the ability to scale and measure, and importantly with the potential capacity to meaningfully engage with government. A further two (2) organisations were selected to function as learning partners to this cohort and to the Bertha Centre during this first phase of the project.

SCOPE OF WORK
The scope of work includes the following key areas:
1. Review, organise and codify the research gathered during Phase I of the Health Systems Entrepreneurship project
2. Develop a short-form, descriptive case study based on knowledge and research undertaken during Phase I of the Health Systems Entrepreneurship project
3. Develop and draft a submittable paper based on the key themes uncovered during Phase I of the Health Systems Entrepreneurship project
4. Identify and document further research opportunities (in collaboration with the project manager
5. Develop a forward-looking research agenda (in collaboration with the project manager)

KEY DELIVERABLES
1. Organise existing research in an appropriate reference manager programme i.e. upload documents to shared drive
2. Review and codify existing research
3. Draft first general outline of case study
4. Finalise case study
5. Draft first general outline of submittable paper
6. Finalise submittable paper
7. Document outlining case study research options and research agenda outline

APPLICATION DEADLINE: 20 APRIL 2018

Posted in Uncategorized | Leave a comment

Bertha Centre Collective #1 in partnership with the McNulty Foundation

Today’s structural problems — globalisation, displacement, automation — are compounded by social strains — extremism, disinformation, sexism, racism. There is a moral imperative to lead with conscience and purpose, to defend ethics, to prove that change and consensus is possible, and to pioneer more equitable futures.

On the 28th of February, the Bertha Centre hosted its first Collective for 2018: Make Yourself Useful- Turn your ideas into action at the UCT Graduate School of Business in Cape Town, South Africa. Guest speaker was Réjane Woodroffe, founder of the Bulungula Incubator in the Eastern Cape, and winner of the 2014 McNulty Prize. Réjane’s commitment to purpose-led work has taken her to one of South Africa’s remotest regions, where she has done significant proof- of-concept work on whole-community upliftment based on principles of recognition and respect for different paradigms of poverty, and of ability. In doing so, she has developed a model of engagement that empowers and energises communities, and gets real results.

Speakers also included Dr. Francois Bonnici (Director of the Bertha Centre), Nina Sawhney (programme manager for the John P. and Ann Welsh McNulty Foundation) and Ann Lamont (interim executive director of the Africa Leadership Initiative and a McNulty Prize laureate).

“Lose the fear, just go, find ways to contribute to your community because that’s your space as a human, get involved”-Rejane Woodroffe on becoming proximate and systems change.

Listen to the full audio of the event below:

Posted in Uncategorized | Leave a comment

About: Bulelwa Makalima-Ngewana

The Bertha Centre, MTN Solution Space and UCT Graduate School of Business welcomes, Bulelwa Makalima-Ngewana: 

The former CEO of the Cape Town Partnership, Bulelwa is a town planner with extensive experience in managing and coordinating public-private partnerships for area based management. An urban revivalist at heart, she has spent the last twelve years with the Cape Town Partnership managing, developing and promoting Cape Town’s Central City as an economically thriving, creative and valued public and private space in which to live, work and play.

Prior to joining the Cape Town Partnership Bulelwa Ngewana was the Senior Manager for Africa programs at the Centre for Conflict resolution. In this role she led teams of conflict resolution and mediation practitioners contracted to assist with peace building efforts in key African countries.

As the CEO of the Cape Town Partnership Bulelwa Ngewana was a key role player in developing Cape Town’s Central City Development Strategy (CCDS) in 2008, which puts forward a shared vision to guide future developments in Cape Town until 2018. She also led the Cape Town Partnership strategy – Cities are for people- which saw the growth of an economically vibrant arts, culture and creative sector in downtown Cape Town. She also led the team that bid and secured the designation of Cape Town as World Design Capital in 2014 bid.

As a practising urbanist Bulelwa subscribes to the idea of building cities and communities around places which leads inspired citizens to collectively reimagine and reinvent public spaces as the heart and soul of every community. Thus strengthening the connection between people and the places they share resulting in a collaborative process through which communities can shape their public realm in order to maximize shared value.

Bulelwa is a member of the board of a number of national and international bodies. These include – Pragma Holdings and she is currently a chair of Pragma Africa board. She is also a board member of the International Downtown Association (IDA- USA), Placemaking Leadership Council (USA) an ambassador for the Cape Town International Convention Centre, member of the World Design Capital 2016 International Advisory Committee for Taipei and a World Cities Summit Young Leader.

Bulelwa is a member of the UCT council, Chairs the University Buildings and Development committee and represent UCT Council on the Baxter Theatre Board.

Posted in Uncategorized | Leave a comment

RFP: SENIOR RESEARCHER ON SOCIAL ENTREPRENEURSHIP & SYSTEMS CHANGE WITH THE BERTHA CENTRE DIRECTOR & GSB FACULTY: DR FRANÇOIS BONNICI

BACKGROUND TO THE BERTHA CENTRE & SYSTEMS CHANGE RESEARCH

The Bertha Centre for Social Innovation and Entrepreneurship was established as a specialised unit at the UCT Graduate School of Business (GSB) in 2011, in partnership with the Bertha Foundation, a family foundation that works with inspiring leaders who are catalysts for social and economic change.

Through this partnership the GSB strengthens its commitment to transformation and equality and UCT’s strategic goal to address key development challenges facing Africa. The Bertha Foundation supports activists, storytellers and lawyers across the world, who are working to bring about social and economic justice, and human rights for all. The Bertha Scholars at the GSB are part of this global Bertha Foundation network.

Dr François Bonnici is the founding Director of the Bertha Centre, and also a member of the GSB Faculty. In his academic role, he has developed new curriculum, courses and degree programmes as well as research on social entrepreneurship and social innovation over the last 15 years.

Over the last two years Dr François Bonnici has been the Principal Investigator on a body of research work on social entrepreneurship and systems change, culminating in the launch of the report in partnership with the Schwab Foundation entitled “Beyond Organizational Scale: How Social Entrepreneurs Create Systems Change” which was downloaded over 5,000 times: www.wef.ch/SESys17 This research also provided the basis for the development of an Executive Education course called Social Entrepreneurship and Systems Change at the UCT Graduate School of Business, and the cases used in a Harvard Kennedy School Executive Education Course on System Leadership.

SUMMARY OF THE ROLE

Dr Bonnici is now seeking the services of a service provider or freelance consultant to work with him as a Senior Researcher to deepen the knowledge base of academic and practitioner literature, codify the knowledge gained over the last two years, and advance this research agenda.

SCOPE OF WORK & DELIVERABLES

The scope of work includes the following objectives and deliverables:

  1. Expand and finalise a Literature review on Social Entrepreneurship & Systems Change
  2. Organise in a shared drive the academic and practitioner literature related to Social Entrepreneurship & Systems Change
  3. Knowledge Management for Bertha-developed teaching cases, teaching notes & case studies related to Social Entrepreneurship & Systems Change
  4. Develop short-form, descriptive case studies from the long-form Schwab teaching cases
  5. Identify and reach out to other business schools and faculty globally who are seeking to conduct research in this area and/or use the case studies

Identify and document further case study research opportunities and develop a forward-looking research agenda on Social Entrepreneurship & Systems Change.

Project Name Social entrepreneurship & systems change research and knowledge management
Contact Point François Bonnici <francois.bonnici@gsb.uct.ac.za>
Start Date As soon as possible.
End Date 10 April, 2018
Number of days Estimated to be at 42 days level through research period
Submission guidelines

·  1-2 page proposal outlining approach to the research and meeting deliverables

·  High level budget with estimated days and rates

·  Profile of individual(s) and/or organization involved

·  CV and sample of previous writing piece

·  Application Deadline Friday 2 February 2018, 12h00 midday SAST

Posted in Uncategorized | Leave a comment

RFP: Scholarships Programme Manager, UCT GSB

APPLICATION DEADLINE EXTENDED

BACKGROUND TO THE BERTHA CENTRE & THE SCHOLARSHIP PROGRAMME

The Bertha Centre for Social Innovation and Entrepreneurship was established as a specialised unit at the UCT Graduate School of Business (GSB) in 2011, in partnership with the Bertha Foundation, a family foundation that works with inspiring leaders who are catalysts for social and economic change.

Through this partnership the GSB strengthens its commitment to transformation and equality and UCT’s strategic goal to address key development challenges facing Africa. The Bertha Foundation supports activists, storytellers and lawyers across the world, who are working to bring about social and economic justice, and human rights for all. The Bertha Scholars at the GSB are part of this global Bertha Foundation network.

The Bertha Scholarship covers full or partial costs of a wide variety of programmes at the UCT Graduate School of Business. These include the MBA (both full-time and the modular programme) and the MPhil in Inclusive Innovation. The Bertha scholarship is open to innovators, entrepreneurs, out-of-the-box thinkers, system-entrepreneurs, change-makers, social activists and cross-disciplinary candidates from any field provided they are actively involved in the exploration of social, environmental and/or economic justice using innovative approaches. In doing this, we aim to diversify the student body at the GSB, investing in their journey to increase their social impact as their career evolves.

SUMMARY OF THE ROLE

 The Bertha Centre is seeking the services of a service provider or freelance consultant to work with the Bertha Centre team and communities to manage its scholarship programme and as such contribute the design and delivery of the 2018 Bertha Scholarship support programme, including the management of the scholarship communications (internally and externally), organising of scholar retreats and coordinating the scholarship application process for 2019.

SCOPE OF WORK

The scope of work includes the following key areas:

  • To support new and current Bertha Scholars on behalf of the Centre, assisting to navigate them to the necessary support within the Centre and throughout the GSB during 2018
  • To lead the substantive design and implementation of the scholarship support programme, including the design and implementation of two scholarship retreats for current scholars in 2018
  • To support the alumni committee organizing the additional all-alumni retreat on behalf of the Centre, to ensure they have the necessary motivation, information, resources and support to hold a successful end of year retreat for all current scholars and alumni
  • To lead the scholarship communications strategy and liaise with the Bertha Centre communications team to ensure sufficient information sharing, inclusion of scholars in events, newsletters etc
  • To coordinate the scholarship application and selection process for 2019 scholars in conjunction with the relevant Bertha Centre staff
  • To liase with the administrative and events coordinators in the Bertha Centre to execute aspects of the support programme
  • To document the scholarship programme calendar and process for future years

KEY DELIVERABLES

  1. Ongoing individual support to Bertha Scholars on their academic programme (throughout 2018)
  2. Support for Scholars engagement with Bertha Centre, its programmes and events – (throughout 2018)
  3. Develop a Scholars profile document for external use
  4. Contributing of relevant scholarship information, and up to date Bertha Scholar and alumni profiles towards new and updated website pages
  5. Design, develop and host two Bertha Scholar retreat for current scholars in March and August 2018
  6. Support the alumni community to design, develop and host a final alumni retreat in November 2018
  7. Draft a minimum of three news items developed about scholars – blogs, newsletter, articles etc (throughout 2018)
  8. Manage the scholarship selection process for 2019 complete with scholars selected for next academic year (June – December 2018)
  9. Overview document and calendar for scholarship support process for future years
Project Name Bertha Scholarship Programme
Contact Point Katusha de Villiers <katusha.devilliers@gsb.uct.ac.za>
Start Date As soon as possible.
End Date December 31, 2018
Number of days Estimated to be at 75 days level throughout 2018
Submission guidelines

·  1-2 page proposal outlining approach to managing the programme and meeting deliverables

·  High level budget with estimated days and rates

·  Profile of individual(s) and/or organization involved

·  CV and sample of previous writing piece

·  Deadline Extended to 5 February 2018, 08h00am

 

Posted in Vacancy | 2 Comments

City of Cape Town Outcomes based-contract launched

The City of Cape Town is embarking on an innovative approach to boost skills development and employment opportunities for residents through an outcomes-based tender that is a first of its kind for the City.

A key need in our economy is to improve the skills of our people for real jobs. It is thus essential that skills training can be proved to be appropriate for Cape Town’s needs.

Usually, the specifications to service providers are very prescriptive in terms of the methods used to deliver the required service. What sets the City’s outcomes-based tender apart, is that it focuses on results (outcomes) rather than the associated activities and tasks to deliver the end result.

‘One of the challenges we face as a city is the high number of unemployed residents. In addition, we are confronted with an economic growth environment that does not always result in the creation of a significant number of new jobs. For this reason, we cannot afford to proceed with a business-as-usual approach.

‘We have to constantly evolve and innovate to deliver value for our residents. We thus have to extract more value from our service providers to deliver better results. This places us and our service providers under increasing pressure to remain competitive through innovation in the current economic climate. Although a first for the City of Cape Town, outcomes-based contracting is gathering pace locally and globally,’ said the City’s Executive Deputy Mayor, Alderman Ian Neilson.

The proposed outcomes-based tender aims to support economic inclusion, achieve a more productive workforce, reduce the number of discouraged work seekers, and engage businesses in integrated employment plans.

The City’s intention was clearly articulated at a briefing session held this week for prospective service providers.

‘We are looking for a strategic partner who must deliver a workforce development solution that is responsive to the changing labour markets. The successful bidder is expected to present and deliver an outcomes-based, high impact three-year plan to develop residents’ skills further and increase the current employment rate. We would like to acknowledge the Bertha Centre for Social Innovation and Entrepreneurship which was instrumental in designing this innovative tender,’ added Alderman Neilson.

Essentially, this contracting method means that the service provider will only be paid once they have placed residents into education, training, or employment opportunities. The more sustained placements made, the more they stand to earn from the City of Cape Town. In this way, the City will only pay for success.

Posted in Innovative Finance | Tagged , , , , , | Leave a comment

Legal training for impact investing

Representatives of the Centre for Applied Legal Studies (WITS), Bowman’s and the UCT GSB Bertha Centre have been engaging in conversations about impact investing legal practice in recent months. The collective identified that that Deborah Burand (Grunin Center for Law and Social Entrepreneurship, New York University) would be Johannesburg in November and resolved to utilise the opportunity to establish a two-day convening on the subject. A group of lawyers, impact investors and regulators met to discuss South African legislation and how the legal profession can support the growth of impact investing.

Executive Summary

Legislation

Crowding in more capital & Regulation 28

  • South Africa has more potential regulatory levers for driving impact investment than available in the US where regulation has had a ‘chilling effect’ on capital commitments.
  • Draft explanatory guidance on the use of Regulation 28 in South Africa have been developed but not been formally issued. Indications are a lack of prioritisation for impact investments, as opposed to inherent complexity or a need for further policy development, is the key constraint.
  • Instead of developing policy inputs the emphasis may need to shift toward establishing and showcasing opportunities to utilise the legislation (e.g. exploring CIS vehicles) and establishing better accountability mechanisms.

Section 12J

  • Practitioners are finding ways to circumvent some of the restrictions of the Venture Capital Company (VCC) form – including workarounds for investing in real estate and the practice of spreading deals over multiple vehicles to circumvent ticket-size restrictions.
  • There are no similar tax benefited fund structures in the USA but work has been done to create specialised forms for social enterprises. However, these forms are largely based on state as opposed to federal law and have not been well tested in the courts to date.
  • There are concerns the VCC regime may not be extended past 2021 and collaboration with existing lobby groups such as SAVCA may be beneficial to assure its longevity and relevance for impact investments. The ILO also has an upcoming convening in Cape Town that will have corporate forms for social enterprise as one area of investigation

Data Protection

  • Data protection is topical in the US as impact oriented initiatives such as impact bonds have been finding it difficult to navigate data protection laws when proving their impact. There is increasing recognition that programme beneficiaries may not find contractual information on use and ownership of their personal information accessible.
  • South Africa has data protection laws in place but concerns about unauthorised transfers of personal information are still relevant. At times, it appears that inappropriate usage of data may be ignored as a minor concern relative to impact organisations’ wider social benefit mission.
  • This matter needs to be flagged as an area of concern going forward but most social enterprises in South Africa are likely not yet at a point where navigating the data protection landscape for impact reporting purposes is the pressing concern.

Securities legislation

  • French solidarity funds, which enable up to 10% of a pension-fund beneficiary’s contributions to go towards an impact mandate, are an interesting example of liberalising access to impact investments.
  • A domestic solidarity fund would be an interesting area to explore. However more work is required to gauge what the best institutional home of such an offering would be as trust in public sector bodies and major private financial institutions that host pension funds is low at present.
  • Legislation, along with legal action, sectoral mobilisation, and education on fiduciary duty, can be a lever for driving greater accountability amongst trustees and asset consultants.
  • It is also useful to research how effective self-regulation mechanisms can be established – possibly with a view towards formally incorporating them into law further down the line.

Transformation and impact investing (BBBEE)

  • There is significant competition for social impact funding in South Africa and the principles of transformation, embedded in BBBEE legislation, can be utilised as a tool to more effectively channel funding towards socially impactful investment.

Training and research

Training Programmes

  • The tools available to lawyers for impact deals are the same as for commercial transactions, however their application in evaluating risk-return is starkly different to ensure protection of the social yield

Legal clinic and partnerships

  • To be effective, clinic pedagogy must be immersive and requires substantial supervision of law students by a registered candidate attorney.
  • It is imperative for South Africa to build a legal community of practice to crowd-in expertise and promote efficient and effective lawyering around specialisations, such as impact investing.

Research Framework

  • Establishing new journals or seeding new ones can be a means of encouraging legal scholarship on impact investing.
  • NYU’s recent research has also been in areas including corporate governance arrangements, practices used to embed impact objectives in legal agreements and processes for implementing amendments to existing impact investment agreements.

Recommendations

  • Monitor upcoming changes to the legal environment and lobby regulators to accord greater urgency to issuing guidelines that facilitate the flow of institutional funds to impact investing
  • Research options and proposed amendments for widening use of the VCC form in impact investing and support initiatives lobbying to extend it past 2021
  • Research the enabling role of creating a dedicated social enterprise corporate form in South Africa.
  • Research mechanisms for driving reporting and accountability against both existing legislation (e.g. NDP, and Regulation 28) and new approaches such as self-regulating mechanisms.
  • Seek to maintain an awareness of the need to drive data protection in impact investing even as initiatives to support improved impact transparency evolve.
  • Develop collateral such as questionnaires that enables commercial lawyers to introduce impact investing lens to clients interested in investing for impact.
  • Develop mechanisms that can be used to enable social enterprises to access a greater share of enterprise development funding in the face of considerable competition from more traditional SME’s.
  • Map the wider landscape of stakeholders that may be able to provide resources (e.g. host a secretariat) or funding towards legal training initiatives e.g. Business Leadership SA, SAIFAC (at the constitutional court), DAAD or other university faculties.
  • Develop a roadmap for establishing a legal clinic involving engaged law faculties e.g. at the University of the Witwatersrand or the University of Pretoria and establishing collaborations between local and NYU legal clinics for cross border transactions.
  • Develop an impact investing legal executive education course for lawyers in partnership with existing reputable legal training providers e.g. Thomson Reuters Foundation and NYU. To be developed alongside Professor Deborah Burand.

Please contact Barry.panulo@gsb.uct.ac.za for further information on this work stream.

Posted in Innovative Finance | Tagged , , , , , , , , , , , , | Leave a comment