Impact Investment Cooperation ‟ The placement of capital into social enterprises and other structures with the intent to create benefits beyond financial return” (Global Compact, 2014)
Definition The SANEC Impact Investment Cooperation will support socio-economic projects in Southern Africa as an additional Return Of Investment (ROI) for the private sector. The Cooperation will be a self-sustaining project, through which SANEC stakeholders can contribute to the development in countries of the Southern African Development Community (SADC).
Goals Uniting social and economic needs Matching private companies and social-economic initiatives Contributing to the development of Southern Africa
Institutional Context International guidelines (OECD) Governmental regulations in Southern Africa ask for social entrepreneurship / Broad Based Black Economic Empowerment
Contributing to the social economic circumstances of the Southern African society Empowering Southern African local communities Contributing to the future prospective of children, women empowerment, disabled, previously disadvantaged Social Context
Being socially responsible but saving time and effort Achieving win-win situations Improved reputation and legitimacy amongst all shareholders Competitive advantages in the business field Business Benefits
Future Impact Investment Cooperation Projects
Requirements of projects (1) Locally-based project No competition with existing local initiatives Progress to be monitored on the ground and being shared (online) openly Contribution to local development of human capital (education & training)
Requirements of projects (2) Create local jobs In South Africa: contributing to development of black, female and/or disabled workers Return Of Investment (ROI) for stakeholders
Examples of future Impact Investment Cooperation projects passed today
Discussion on the way forward
SANEC SUSTAINABILITY DESK Specific project development / expertise NGO´s / Foundations SANEC Members / Stakeholde rs SANEC Members / Stakeholde rs Impact Investment Cooperation OECD Guidelines BBBEE Desk ´Het beste idee van Zuid-Afrika´
Discussion Points Impact Investment Cooperation Tentitive start Q By SANEC members for SANEC members Criteria for projects to be considered Formation of an advisory board Ideas for financing (for example crowdfunding) Other input from you
Follow-up after today: 1) Implementation of your input and feedback 2) Your other suggestions after today 3) Mail Violet Nijboer or phone Mark Reyneker
Thank you for your attention