CASE Smart Impact Capital
What is CASE Smart Impact Capital?
Launched in October 2017, Smart Impact Capital is the first online toolkit for professional impact investing training, relevant for investment in nonprofit and for-profit enterprises, at any stage, any impact area, in any industry. It has been licensed by more than 25 distribution partners and accessed by over 12,000 people in over 100 countries. Current partners include networks (SOCAP, Social Enterprise Alliance), accelerators (Uncharted, Spring, ImpactHub Johannesburg), universities (Stanford, MIT), and funders (Cordes Foundation, Investors’ Circle, USAID), among others.
What’s in the toolkit for funders and foundations?
Any funder who wants to understand what to consider when looking at investment directly into a social enterprise can benefit from this set of highly rated tools. Developed by CASE at Duke over three years, Smart Impact Capital incorporates the insights and best practices from hundreds of entrepreneurs, funders, investors, legal sources, and accelerators around the globe. Nine 1-3 hour modules of videos, guides, and interactive exercises that help entrepreneurs and funders understand the why, what and how of the direct impact investing process. The toolkit also includes over 18 unique decision tools, a term sheet library of actual impact investor term sheets, a due diligence flowchart and a guide to tough situations. Once you register, you have access to all of it.
Who’s behind Smart Impact Capital?
Smart Impact Capital is a set of online tools produced by the Center for the Advancement of Social Entrepreneurship (CASE) at Duke University’s Fuqua School of Business, with support from USAID. The lead author of Smart Impact Capital is Cathy Clark, Faculty Director at CASE and a former impact investor. Cathy is a leading authority on for-profit social entrepreneurship, impact investing, and impact assessment, and has worked with hundreds of global partners as part of her work with the CASE i3 Initiative on Impact Investing.
Additional authors and producers of Smart Impact Capital include Carrie Gonnella and Kimberly Langsam of CASE and social entrepreneurs Natasha Goldstein, Ellen Martin, and Alden Zecha. In addition to these contributors, Smart Impact Capital has engaged with dozens of CFOs, entrepreneurs, investors, and other intermediaries to inform and develop the content and tools, including our pilot partners at SOCAP, Spring, Unreasonable Institute, MIT D Lab, USAID Saving Lives at Birth, and Investors’ Circle. Video Production credits go to the incredible team within Fuqua Education Technology Services and Multimedia Production, notably Lucy Pless and Jason Van Sant.