In association with partners Morrow Gilchrist Associates and Creation Ltd, the team at the Lab will work on the design of a new social investment fund for Northern Ireland that will support the development of ethical asset investments (land, buildings, energy, etc.).
The study will involve a number of steps on the ‘journey’ towards establishing a fund, including:
- identifying and prioritising potential ethical property investment opportunities, around specific regeneration sites;
- consideration of a consortium of initial potential partners from the public, third, and private sectors – all bound by a common goal of seeking a return with a positive ethical impact;
- designing the mechanics of how the fund might be structured and organised, taking into account legal and taxation constraints and regulatory compliance issues.
modelling indicative returns on a triple-bottom line basis (accounting for financial, social, and regeneration returns); and
Commissioned by the Community Foundation for NI (CFNI), the Department for Social Development (DSD) and Belfast City Council (BCC), the project will develop an operational ‘blueprint’ for the fund; one that is agreed, workable and deliverable.
For further information on the project contact Jonathan Coburn at email@example.com.