Consultative and Execution Services for the Associations Support Fund and Social Impact Investment

Establishing a national social impact investment entity from A to Z

Completed

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  • Project Overview

    Project Components

    The project includes establishing and operating the Social Impact Investment and Non-Profit Support Fund, alongside building an integrated ecosystem and an active market for social impact investment. This is delivered through ten workstreams covering institutional setup, strategy and operating model development, organizational structuring and PMO setup, capability building, launching a social enterprise accelerator, designing investment and financing models, developing an impact measurement framework, executing awareness programs, building digital systems and automation, and activating governance and reporting to ensure integration and sustainability.

    A. The Challenge

    The challenge lay in the absence of an integrated social impact investment ecosystem that brings together governance, financing, capacity building, awareness, and impact measurement. This was compounded by limited awareness across sectors and the need to empower non-profit entities and establish a structured, sustainable market aligned with Vision 2030 objectives.

    B. Our Solution

    We delivered an integrated model for establishing and operating the fund, including strategy development, operating model design, organizational setup, and structuring the ten workstreams. The solution also covered activating a social enterprise accelerator, building capabilities, developing content and knowledge transfer, launching awareness programs, building an integrated digital platform, designing an impact measurement framework, and executing the project through phased implementation to ensure integration and sustainability.

    C. Key Achievements

    Established a comprehensive model for a social impact investment fund; developed strategy and operating model; set up departments and the PMO; launched the social enterprise accelerator; built capabilities and qualified talent; increased sectoral and community awareness; developed an impact measurement framework; automated processes through a digital platform; and achieved operational readiness supporting sustainability and enhancing socio-economic returns.

    Project Summary

    The project includes establishing and operating the Social Impact Investment and Non-Profit Support Fund, alongside building an integrated ecosystem and an active market for social impact investment. This is delivered through ten workstreams covering institutional setup, strategy and operating model development, organizational structuring and PMO setup, capability building, launching a social enterprise accelerator, designing investment and financing models, developing an impact measurement framework, executing awareness programs, building digital systems and automation, and activating governance and reporting to ensure integration and sustainability.

    Project Information

    Client:

    Ministry of Human Resources and Social Development

    Value:

    117,577,174 SAR

    Start Date:

    July 6, 2022

    End Date:

    June 25, 2024

    Duration:

    Twenty-Four months

    Project URL:

    http://hrsd.gov.sa

    Status:

    Completed

    Rating:

    5.0 rating

    Additional Information

    The Client Phone :

    19911

    The Client Email :

    info@hrsd.gov.sa

    Taxonomies

    Service Area:

    Customer Experience, Data and Insights, Digital Transformation, Quality and Institutional Excellence, Research Capacity Building, Social Development, Social, Legislative & Economic Impact Assessment

    Client Sector:

    Government & Public Entities, Non-profit & NGOs

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