HR&S is breaking fresh ground and need patient capital. The institution is a legacy social business that is built to last with a long-term, slow-growth plan and long development times. HR&S is growing through “integrated capital”, which refers to a coordinated use of different forms of capital and from different funding sources. As we are a social business the programme is more important than the funding, still obviously taking into account that the programme depends on funds. Consequently, we seek funds but all funding sources must support the HR&S mandate, mission and vision
Sources of income, operations and strategic partnership
Fundraising is not primarily about the money. It is more about networking, sharing knowledge and offers concrete opportunities for direct collaboration. For example: offering consultancy services and seeking grants provides HR&S with and opportunity to strengthen its network and learn from the knowledge of other institutions, which we highly value. Providing information on Case for support related to seeking major gifts and crowd-funding support, together with the shop and the traveling arrangement, offers an opportunity for networking and cross-cultural learning.
We see sources of income as:
Grants: Grant manager appointed.
Major Gifts: Case for support is presented on the HR&S website.
Crowd-funding. Crowd-funding is managed through the HR&S site and through specific crowdfunding sites.
Consultancy services: Consultancy manager appointed.
Direcy service to strategic partners: Strategic partners include; academia, authorities, private sector, embassies, and development institutions.
Training and coaching fees: Through for example the Innovation Centres.
Interest on investment capital: The capital is generated through donations ad offered as loans to social entrepreneurs in our Target countries.
The interest is 10 % and it is shared between partners.
Shop and travels: We offer items produced by our partners and travels to our partner countries for the purpose of cross-cultural learning.
Endowment fund: The capital is generated through donations and serves to guarantee a minimum level of sustainability in terms of staffing and infrastructure.
Team members continuously considers funding opportunities related to our programme activities and acts on them. Institutional back-up to the Team members is provided by HR&S.Cases for support are posted on our website and we are cautions with Strategic partner ad Donor stewardship.
The programme depends on grants and donations for the start-up of each programme.
- The business idea is that when the 30,000 Euro has been collected and invested in the country it will sustain one programme unit and keep one programme manager employed. The services offered shall generate a continuous profit of 10% which shall cover one salary and the related programme running costs.
- A start up support of 200,000 EURO covers the start-up coaching by HR&S Sweden, HR&S Country and our Programme partner and the initiation of five units. The exchange rate between Sweden and for example Kenya has been proposed to be is 1:4. Our programme partner / Country offices benefits from Euro 10,000 and HR&S Sweden 40,000.
The Innovation Centre programme depends on grants and donations for each Centre start-up.
- The business idea is that when the 50,000 Euro has been collected and invested in one Centre the country it will sustain that Centre and keep one Centre manager employed. The membership fee and services offered shall generate a continuous profit of about 10% which shall cover one salary and the related programme running costs.
- A start up support of 100,000 EURO covers the start-up coaching by HR&S Sweden, HR&S Country and our Programme partner and the initiation of one Centre. The exchange rate between Sweden and for example Kenya has been proposed to be is 1:4. Our programme partner / Country offices benefits from Euro 10,000 and HR&S Sweden 40,000.
The membership fee shall cover the costs comes with a fee as do the coaching, the investment capital can be used to cover the fees and the business start-up. When the business generates income the investment is paid back.
Donations. Entrepreneurs are offered an investment capital which they pay back with 10% interest. The exchange rate between Sweden and for example Kenya has been proposed to be is 1:4. Our programme partner / Country offices benefits from Euro 2% of the interest for collecting the funds and HR&S Sweden 8%.