1）Project name: CSRDC’s Future Education Plan
RMB 750,000 for one organisation in equity investment
CSRDC will provide grants or equity investment, based on the actual needs, for social enterprises meeting its criteria
For equity investment:
The winner shall negotiate with the funder; agree on the conditions for funding (including timeframe, social value objectives, funding performance evaluation and etc.). The two parties shall then sign a funding agreement.
There are three options of exit, namely public listing, shareholder’s buyback, and quasi equity.
Public listing: take the listing as the point for investor to exit. Listing refers to the public listing at growth enterprise market or main board in Mainland China or Hong Kong stock markets.
Shareholder’s buyback: Investor shall not withdraw shares in the first three years of the capital investment. After three years, investor may exit by selling shares; by that time, the remaining shareholders shall have preemptive right, and the stock price shall be based on the market price at that time.
Quasi equity exit
Note: Enterprises that don’t want to go listed and be merged may exit step by step through turnover sharing in a certain period (the earning limit depends on the investment agreement).
6） Focus area
a) Social enterprises that use modern information technology to push forward education reform and innovate models in the field of basic education, or education technology companies with educational charitable mission and objective
b) Universities and colleges, academic research NGOs or commercial consulting companies that carry out research on investing in value-added education foundations, or governance models for education foundations in the field of basic education
7） Selection criteria
a) Have the vision and objective of striving for excellence and scaling up social impact;
b) Have a stable and professional research and development team (more than 3 persons) with innovation capability in educational field;
c) Have launched applied projects or products in educational field, with potential for sustained profit generation;
d) Have a clear route and planning for organisational development in the next 3-5 years
8）In-depth communication and resources matching
CSDRC will provide the consulting services of 36 hours in total to each of its applicants selected from the Fair for Social Investment within two months. Communication forms include but not limited to face to face, telephone, web conference, emails.
9)Advantages and successful investment cases
CSRDC is establishing and developing the impact investment model for Chinese enterprises, and is fostering social entrepreneurs and new charity leaders with international vision and abilities of resource mobilization and integrated operation, aiming at pushing forward the sustainable development of corporate philanthropy, charitable foundations, and social innovation projects in China, and promoting the enlightenment and incubation of new philanthropy model of socially-responsible investment and venture philanthropy in China.
CSRDC has top-ranking global teaching resources from universities and foundations such as Columbia University, Rockefeller Philanthropy Advisors, Hong Kong Polytechnic University, Peking University HSBC Business School and etc. It also has high-quality alumni and rich charitable funding resources including senior managers of Chinese public-listed companies and heads of foundations/ CSR, who are capable of supporting the sustained growth of the investees.