Josh Engel, Founder of advisory firm, Perspectful and former COO at Anavo Global and Saurabh Lahoti, Director – Finance Services at Ennovent share their thoughts from a recent session on developing effective financial models.
Finance Models
To address the capital gap for social enterprises in British Columbia, the Community Social Planning Council of Greater Victoria is in the midst of developing a Community Investment Fund (CIF), an initiative that won a BC Ideas Community Impact Investment Awards last year.
A few weeks back, I was fortunate to attend a fantastic event in Ottawa at the beautiful Delegation of the Ismaili Imamat, the home of the Aga Khan Foundation Canada (AKFC). Attended by over 120 participants both online and offline, the evening represented the official launch of the AKFC seminar series on Innovative Financing for Development.
You'd never know it from the pages of business press, but the corporate model isn’t the only way to do business. The fact is that some of Canada's most successful and innovative companies are neither share capital corporations nor private firms. They are co-operatives. Co-operatives like Mountain Equipment Co-op, Federated Co-operatives, Gay-Lea Foods, The Co-operators as well as your local credit union or caisse populaire.
I recently wrote a blog post outlining some of the factors that will influence whether social impact bonds (SIBs) can become mainstream investments for profit-oriented investors or not. I believe the most important factor, as with any investment, is whether SIBs can offer an enticing trade-off between expected return and risk.
The challenge is that, with the SIB concept still in its infancy, these metrics can be difficult to quantify. Accordingly, in this post I will offer suggestions as to how shrewd investors might manage the risks inherent in SIBs to create a more viable investment opportunity.




























