HR&S RISE Support Centre
WHR&S has established HR&S Research, Innovation and Social Enterprising (RISE) Support Centres in six Sub-Sahara African countries, and we seeking opportunites to scale.
While the Centres provide support to local social entrepreneurs, researchers and innovatores to offer their producs and services to the local community, they also serve as local HR&S represenatives and offices.
Each Centre is always on a programme of capacity strengthening through weekly interactions with HR&S Sweden.
- Burkina Faso, Ouagadougou
- Kenya, Nairobi
- Liberia, Monrovia
- Nigeria, Abuja
- Togo, Lomé
- Uganda, Kampala
Each Centre has its own set-up, depending on the needs and the context. Besides the support programmes to the member programmes, the Centres offer consultancy, seminars and workshops addressing the HR&S practical strategies and ActionAreas to strategic parnters.
It is important that the members has balance in their businesses. The ActionInvest and RISEinvest capital shall not decrease as a result of members failing to pay back. As donations are collected that capital shall always mirror this amount. The 10% interest is an income to the Centre as well as the 10% coaching fee.
The coaches typically have the same position within the RISE Centre management and operations as they have as coaches.
In case the accountant of the programmes wants to be a member of the RISE management and operation, then the person is freed from the accounting assignment, as such an assignment must be kept independent of the operations, and another accountant is assigned, when the turn/over makes it reasonable. The Team thus has the below assignments and responsibilities.
- Team-leader – coordination and communication.
- Implement ROPE.
- Perform customer surveys targeting i) research & laboratory management, and ii) social enterprising.
- Perform programme surveys with scientific evidence.
Branding & public relations
- Ensure branding that exposes HR&S as high quality and professional.
- Assess the competition on the market.
- Develop and implement a social media strategy.
- Manage our local bank account as signatory together with the team leader.
- Make payments after approval from HR&S Sweden.
- RISE accounting.
- The auditor is external and makes annual auditing of the RISE Centre.
Company limited by guarantee
The HR&S Research, Innovation and Social Enterprising Support Centres are initially registered in each country as a company limited by guarantee. The HR&S RISE Centres shall by exempted the liability to corporation tax which is made possible as a result of being registered as a company limited by guarantee. The Team-leader shall seek such exemption, arguing that we seek social good and not profit for share-holders. The status of being limited by guarantee does not, of itself, allow a company to escape the liability to corporation tax, but this has to be negotiated with the approriate national regulatory body.
The company is required to have at least one director, which is the team-leader. Other Directors can be the deputy-team leader, the accountant and other persons in the RISE Centre management & operations.
A company limited by guarantee is a limited company, but with the difference to the usual company entity of there being no share capital. The company’s members are guarantors rather than shareholders. The same rules and regulations apply to companies limited by guarantee as to companies with a share capital. This means that the company will have to file accounts at the appropriate national institution within the usual deadline, file annual returns, keep proper accounting records, appoint directors and file returns with appropriate national institution.The main difference between a company limited by guarantee and one limited by shares is that the liability of shareholders is limited to the amount unpaid on shares, whereas the liability of guarantors (the members of a company limited by guarantee) is limited to the amount that they guaranteed. In most cases, the amount guaranteed will be aroun Euro 1 (in local curency) per member (similar to the ordinary Euro 1 share in a company limited by shares). Members cannot receive dividends, and will usually be involved due to their commitment to the company’s objectives, rather than to benefit financially. The memorandum and articles will usually differ from those of the standard share capital company and will generally include a defined list of specific objectives, and also a clause that prohibits the distribution of surplus profits. The balance sheet of a company limited by guarantee will be the same as that of a company limited by shares, apart from the fact that it will have no share capital. The bottom section of the balance sheet should be headed ‘Reserves’ rather than the usual ‘Shareholders’ funds’. There is no requirement, but it is common practice, to also include a note disclosing the guarantees; something simple such as: ‘The company is limited by guarantee of members and does not have a share capital. The liability of members is limited to Euro 1 (in local currency). The usual rules about related parties will apply, and the director(s) will be related parties in the usual way. Whether or not a member falls into the definition of related party will depend on the circumstances. Payments to members can only be by way of remuneration, as no dividends are possible.
Company limited by shares
At a later stage a company limited by shares can be registered and are then sub-divisions of HR&S Sweden.
Bank account signatories
Two members of the RISE Centre operations team are signatories of the bank account. These are the team-leader and the deputy team-leader or the accountant.
Pre-arrangements with the bank shall make it possible for the signatories to provide their statements electronically.
Bank account withdrawals
Withdrawal by RISE Centre
The team-leader provides a request to HR&S CEO when withdrawals are required.
Withdrawal from the bank account by the RISE Centre requires authorisation by HR&S CEO and the signatures from both signatories. The withdrawal request states the purpose for the withdrawal, which programme it refers to and wich agreements it is supported by. Thus the request compiles all the costs it shall cover.
Within two months after the date of the withdrawal, receipts for all costs are compiled by the accountant and shared with HR&S CEO and both signatories.
Withdrawal by RISE Member/Loan-taker
The loan-taker provides a request to the RISE accountant when withdrawals are required.
Withdrawal from the bank account by a RISE Member/Loan-taker also requires authorisation by HR&S CEO and the signatures from both signatories. The withdrawal request states the purpose for the withdrawal, which programme it refers to and wich agreements it is supported by. Thus the request compiles all the costs it shall cover together with a statement presenting how the loan will be paid back and when.
Within two months after the date of the withdrawal, receipts for all costs are compiled by the loan-taker and shared with HR&S CEO and both signatories.
Payments are made by the accountant and the team-leader together and the receipts are compiled.
Payment shall be made in a manner so that it is shown on the bank account statement, possibly by a check.
When major procurements are to be done by loan-takers, the loan-taker shall request the team-lear and/or the accountant to join when the transaction is made.
Loan-takers provide a guarantee for the re-payment of a loan. It is still a soft loan and the guarantee stands in propotion to the business ability of the loan-taker.
The aim is that each RISE Centre has good internet access.
The big difference between satellite internet and internet that comes from telemast (3G, 4G) is the range. Satellite is enough all over the world, while the masts are limited.
The speed of data traffic differs. Data traffic via satellite is much slower, and is primarily a solution for communication.
Can always reach. By having a connection to satellite, we only need to keep the antenna free of obstacles. Satellite internet is stable.
IECT Sweden is the Swedish part of French IEC Telecom, specialize in satellite internet and offer products from quality brands such as Inmarsat, Thuraya and Iridium. The technology works maritime on land, and in the air. Services are aimed at both companies and individuals. Can offer encryption for businesses. where this is interesting, such as the military. What is the difference between satellite and telemast?