In 2012 July, three fresh Harvard Kennedy School graduates procured one way tickets to Medellin, Colombia, to inaugurate a non-profit startup labelled by them as Instiglio. Their notion: to bring Social Impact Bonds, still experimental even in prosperous nations, to Colombia along with other countries that are low to middle income. This public policy case-one of two HKS cases about Instiglio-provides history regarding the SIB model (a funding mechanism for experimental social programs, with private investors shouldering the financial risk of failure) and tracks the early encounter of the HKS grads in Colombia.
The case emphasizes on a couple of the very crucial choices the Instiglio group faced:
(1) the best way to pick a project topic, in the middle of competing demands and small suggestion and (2) having a project topic in hand, the best way to design a SIB arrangement that would fill the requirements of both investors and government leaders.
It offers much of the background information that is same as" Betting Private Capital," but hones in on the technical challenges of designing a SIB deal.
PUBLICATION DATE: July 23, 2014 PRODUCT #: KS1003-HCB-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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