Impact Bond Course for Intermediaries
This is a new short course being offered by the Bertha Centre, a specialised unit at UCT’s Graduate School of Business.
In this course, financial intermediaries, development consultants, M&E specialists and legal practitioners will gain an understanding of how they can assist national, provincial and municipal departments and country donors to use outcomes-based contracts and Impact Bonds to improve the effectiveness of social and environmental programmes. They can also learn how donor and investor capital can be used to de-risk innovative interventions and expand services.
These contracting and financing models have garnered significant interest globally as they bring public and private sector expertise and resources to bear on complex and intractable social problems.
South Africa has been leading the investigation of these instruments in the developing world with multiple projects in development phase across a variety of sectors. As such this course comes at an opportune time for intermediaries to learn from both international and local experience as we try and tailor these tools to suit our context.
Delegates will be given tools to evaluate whether particular social issues are suitable to be approached in this manner, how to interact with potential commissioners in order to raise outcomes funding, what a compelling business case looks like and what investors are looking for when they finance Impact Bonds.
The course will provide a world-class, tailor-made curriculum to participants and will be taught by leading experts and practitioners from across the globe including Marta Garcia from Social Finance as well as Barbara Kong and Liesbet Peters from D.Capital. There will be an opportunity to practically engage with stakeholder groups working on Impact Bonds and the day will culminate with a networking event where intermediaries can engage with government officials attending a concurrent course.
"Government is the biggest buyer of social services in South Africa and are constantly striving to improve the effectiveness of those services at the most reasonable price. This is one tool that may enable them to do that."
Dr Susan de Witt - Course Convenor
The course is run by the Bertha Centre for Social Innovation and Entrepreneurship at the UCT GSB and forms part of its efforts to build the outcomes-based contracting practice in Africa. The Bertha Centre is collaborating with academics and practitioners in the field to bridge the skills gap through this new course.
Is this course for me?
This short course is for financial intermediaries, development consultants, M&E specialists, legal practitioners and large NGOs who are interested in designing, implementing and monitoring these contracts in future.
*If you are a senior government official or policy maker, we also offering the Outcomes-Based Contracting & Impact Bond Course.
- Develop a sophisticated understanding of the Impact Bond market internationally and locally.
- Gather insights on how to develop outcomes-based contracts and Impact Bonds.
- Build practical skills in identifying social issue, target cohort, set of outcomes, suitable investors and specifications.
- Learn about global and African best practices of implementing Impact Bonds from leading experts in the field.
This interactive one-day training opportunity offers a rich learning experience that blends theory and practice with a focus on the latter. In order to enrich your understanding and learning experience, we recommend reading the following material:
- The potential and limitations of Impact Bonds (Brookings Institute, 2015)
- Better outcomes, better value: The evolution of Social Impact Bonds in the UK (Bridges Ventures, 2016)
- A technical guide to developing Social Impact Bonds (Social Finance, 2013)
- A guide to Impact Bond investing (The Bertha Centre for Social Innovation and Entrepreneurship)
This course will run in Pretoria at a venue yet to be decided. For more information, please contact email@example.com at the Bertha Centre for Social Innovation and Entrepreneurship.
Monday, 22 August 2016
5 August 2016