Instiglio is yet another non-profit organization to have been named one of the 2013 Echoing Green Fellows. Well, to be exact, Michael Belisky, its founding partner, was named one of the many fellows in the Poverty Alleviation and Economic Development section, alongside his colleague Avnish Gungadurdoss. Belinsky previously worked at Harvard as teaching assistant for a class called "entrepreneurship in the Private and Social Sectors."
The organization creates contracts with social impact bonds in developing countries in order to offer collaboration in between a number of sectors and predominantly, the private, public and NGO sectors. The reach is supposedly global.
Contact Information
Instiglio website
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Impact-Based Contracts
Instiglio Adapts Bonds to Join Various Sectors in Developing Countries
Trend Themes
1. Impact-based Contracts - Disruptive innovation opportunity: Explore the use of impact-based contracts to drive collaboration between different sectors in developing countries.
2. Social Impact Bonds - Disruptive innovation opportunity: Develop innovative ways to structure social impact bonds in order to address poverty alleviation and economic development in developing countries.
3. Cross-sector Collaboration - Disruptive innovation opportunity: Facilitate collaboration between public, private, and NGO sectors by leveraging contracts with social impact bonds.
Industry Implications
1. Non-profit - Disruptive innovation opportunity: Implement impact-based contracts in the non-profit sector to enhance collaboration and effectiveness in poverty alleviation efforts.
2. International Development - Disruptive innovation opportunity: Apply the concept of impact-based contracts in international development initiatives to drive cross-sector collaboration and sustainable growth.
3. Social Finance - Disruptive innovation opportunity: Explore how social impact bonds can be utilized in social finance to attract private investment and achieve positive social outcomes.