Consultancy on Social Impact Investment

RECRUITMENT NOTICE FOR THE WEBSITE

Exploring Potential for Social Impact Investment as a model to deliver funds to generate greater Impact for HelpAge International

Introduction

Expressions of interest (EoI) are sought from consultants to conduct a feasibility study to explore Social Impact Investment as an income generating model to deliver funds for greater social impact.

The Organization

HelpAge International works with partners and a diverse global network of more than 150 organizations across 85 countries, supporting millions of older people to live safe, dignified and healthy lives. Through our partnership and collaborations, we work to ensure the inclusion of older people across society and strive to deliver a just and fair world for everyone, whatever their age. Our work is driven by our desire to deliver real impact for older people, to be inclusive, to work in partnership and to learn from our shared experience.

Our 2030 strategy Ageing in a Just World https://www.helpage.org/who-we-are/2030-strategy/ sets out how we will work together to shape the future we all share. Our aim is to help inspire a movement for change and through ensuring all our work promotes older people’s wellbeing, dignity and voice, to transform the lives of older people now and in the future.

As an international NGO and registered charity, HelpAge International currently derives much of its income from institutional sources such as bilateral and multilateral donors. However, the organization is committed to diversifying its income sources and building non-traditional streams such as commercial contracting, delivering consultancy services, and developing new types of partnership. Consultancy Purpose

The purpose of this assignment, is to undertake a feasibility study that provides the social impact investment landscape and recommendations on viability, scope, and appropriate vehicle/model to deliver social impact investment within the context of HelpAge International by: –

1. Evaluating HelpAge’s organization model to establish how social impact investment might be relevant, building on current work and direction of the organization.

2. Establishing the potential for HelpAge to deliver social innovations through social impact investment vehicles and funding.

3. Desktop analysis and mapping, of successful social investment financing models in the not for profit sector which provide useful examples / learning for HelpAge International.

4. Mapping out potential social impact investment opportunities for further investigation by HelpAge International.

5. Providing recommendations and an implementation roadmap with timelines where possible and a risk-return profile analyses of the recommended approach/model to social investment for the organization.

Ways of working

The consultant will work remotely from a base of their choice. They will be expected to attend pre-arranged online meetings with the project lead and have other online meetings with a variety of stakeholders and informants, both inside and outside the organization.

The consultant will be accountable to the Business Development Advisor

Full terms of reference for this consultancy can be found here (link to be inserted once uploaded on website.)

Fees and timetable

Will be negotiated with the selected consultant. All applicants are asked to propose a day rate for fees, inclusive of VAT or other taxes. No other expenses will be payable.

This consultancy will start as soon as possible and is expected to involve 10 to 12 days and we are hoping to have all deliverable by the end of May 2022. The number of days will be agreed with the selected consultant along with key deliverables / milestones and target dates for these.

Selection criteria

Essential skills, knowledge and experience

· Expertise in Social Impact Investment and related initiatives

· Demonstrated experience consulting or working on socially innovative business models for the non-profit sectors.

· Ability to see the “big picture” of country, regional and global development challenges and identify private sector opportunities that can have transformative impact within the development sector.

· Strong analytical and planning skills.

· Understanding of NGO business models, processes, ways of working

Selection process

EoIs should be addressed to [email protected] no later than 22 March 2022 and include:

· a short cover letter addressing the selection criteria above

· CV and references, with an example of recent work undertaken by the consultant in a similar or related area

· a proposal (max 3 pages) outlining the consultant’s understanding of the ToR and proposed approach, including anticipated challenges and the inputs/support that would be required

· a financial proposal with cost estimates including daily consultancy fees, inclusive of any statutory tax deductions required.

Submitted EoIs will be reviewed according to the above selection criteria, the suitability of the proposed approach and financial stewardship considerations. Final selection will be made by early (to insert date) following interviews with shortlisted consultants.

Our Values

At HelpAge International we work hard to achieve our goals together as a team with a clear shared purpose. Our values inform how we work together:

Inclusive

We respect people, value diversity and are committed to equality.

Impact

We value and recognize the contribution of our staff and network members, as we put older people at the centre of everything we do.

Partners

We work alongside network members and others to increase reach, influence and impact. We are committed to a culture of collaboration and building positive relationships.

Learning

We are passionate about learning, accountable and work together to find creative solutions.

Everyone who works at HelpAge share our values and are committed to behaviours that demonstrate and support them.

Safeguarding

Everyone has a role in creating and sustaining a safe and respectful working environment, where no one comes to any harm or is maltreated. At HelpAge we take our responsibilities very seriously and will take action against wrongdoing. We will do everything we can to ensure that we do not engage people that pose a safeguarding risk and will undertake criminal record checks as required.

Equal Opportunities

HelpAge International is committed to creating an inclusive working environment, promoting and providing equal opportunities and respecting diversity in employment. We welcome applications from all suitably qualified individuals regardless of their age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex and sexual orientation. We encourage and facilitate a flexible working environment.