Collaborative (NMIIC) Presentation For NMAG Conference: Achieving - - PowerPoint PPT Presentation
New Mexico Impact Investing Collaborative (NMIIC) Presentation For NMAG Conference: Achieving Community Empowerment Through Place-based Impact Investing In New Mexico January 26, 2017 by Joohee Rand, VP for Community Investment and Strategy
Presentation For NMAG Conference: Achieving Community Empowerment Through Place-based Impact Investing In New Mexico January 26, 2017
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by Joohee Rand, VP for Community Investment and Strategy Santa Fe Community foundation
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Place | Communities | People
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Informal funder discussions identifying need for broader funder conversations (and collaboration) on impact investing in New Mexico Two sets of Funder Surveys and Roundtable Discussions in 2015-2016 (30+ participated) Taskforce composed of seven funders working together to develop Concept Paper & Proposal for the collaboration; Consulting support with joint funding Decision to launch Pilot Project to test & demonstrate the model and learn while doing
Growing interest & momentum for impact investing Critical mass of active & potential impact investors Available capital to be deployed (national, local) Integral part of philanthropic strategy
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‒ Board engagement / education ‒ Developing policies, processes and procedures ‒ Deal sourcing / pipeline ‒ Underwriting, deal structuring, monitoring and reporting of investments
Weak regional infrastructure / ecosystem and limited quality deal flow; Investee capacity
The mission of the New Mexico Impact Investing Collaborative is to create healthy, equitable, sustainable and economically vibrant communities within New Mexico by facilitating and increasing the supply and effective deployment of impact investing capital in the state.
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active impact investors both within and
reduce the costs of making high quality impact investments in New Mexico
funders for projects that require broader access to integrated capital, expertise, and capacity in order to succeed
investors by providing a supportive learning environment and targeted, organization and individual specific training opportunities
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NMIIC offers its members a shared services platform supporting members’ individual impact investment activities, in addition to focused training opportunities
DEAL COLLABORATION
resource
methodology
and expertise
EDUCATION, LEARNING & ENGAGEMENT
“pitch” events
for investors and investees
trainings (for “anchor” and “investor” members)
DEAL SELECTION CRITERIA INCLUDE:
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1) Shared Deal Pipeline* 2) Selected for Screening 3) Preliminary Screening Report 4) Shared Due Diligence 5) Investment 6) Monitoring
*actively maintained by Project Director and distributed/discussed monthly
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Jan-Mar Apr-Jun Jul-Sept Oct-Dec
ecosystem and stakeholders
tation at local & national events
resource and e- news launched
session incl. Board/staff modules
Studies
speaking event
building workshop
Studies
session incl. Board/staff modules
event
Studies
2017 Calendar (planning in process)
Planning Pilot Implementation Evaluation Deal Collaboration Learning & Engagement Investee Capacity Building
Oct – Dec 2016 Jan – Dec 2017 Jan – Mar 2018
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partnering in impact investing in New Mexico
learning, networking and access to pipeline and potential co-investment opportunities in New Mexico
intermediaries and social enterprises seeking to raise impact investment capital for the benefit of local communities in New Mexico.
Collaborator levels
Committee comprised of senior philanthropic and impact investment practitioners with experience at local, regional and national levels
Contact:
Ryan Marie Decker-Bone Project Director, Impact Investing New Mexico Impact Investing Collaborative Santa Fe Community Foundation rmbone@santafecf.org Office 505-988-9715 ext. 7009 Mobile 505-557-5956
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2016 Oct - Dec 2017 Jan – Mar Apr – June June – Sept Sept – Dec 2018 Jan – Mar
Consultant roles & governance process
where needed
engage & adopt best practice models
criteria & process
draft NMIIC business plan
evaluation plan
progress & success
detailed NMIIC Plan based on learning
impact area
sharing & prioritization process
criteria, learning agenda and collaboration process
sharing process
RFP process
information sharing
meetings
measures for investees & Hub
information with members
learning agenda & plan for activities
communication material
sessions
101 training
board / staff sessions #1
Pitch event 1
workshop #1
diligence workshop #2
staff sessions #2
& learning
investee surve
target capacity building project
Planning Pilot Implementation Evaluation
Project Mgmt Deal Collaboration Learning & Engagement Investee Capacity Building
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