About this Course
4.7
21 ratings
10 reviews
To address global poverty - do we really not have enough resources or do we not have the right tools to allocate our resources? The tools of finance, when applied correctly, can be an enabler of social and environmental outcomes. This course is designed to give you the ability to build innovative financing strategies that work towards outcomes such as financial inclusion, access to energy and access to education. The innovative finance process has five key components. It starts with identifying the outcomes you are looking to achieve and next moves on to due diligencing your issue area using techniques like design thinking to make sure you are designing with the end user. Next you must map all of the resources available for your outcome and then discover opportunities to augment these through business model innovation, multi-stakeholder partnerships and innovative financial structures. Finally, the last step is to put all of these pieces together to design an innovating financing strategy. Each week dives into a component of the process using examples and real case studies from social entrepreneurs, non-profits, development funders, impact investors, governments, foundations and more. Over five weeks you’ll learn about new types of revenue creation, financing approaches, business models and partnerships. By the end of the course, you’ll have the ability to hack finance for social change. Watch the course trailer https://www.youtube.com/watch?v=tSMUoCJgqkw...
Globe

100% online courses

Start instantly and learn at your own schedule.
Calendar

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Clock

Suggested: 2-3 hours/week

Approx. 19 hours to complete
Comment Dots

English

Subtitles: English
Globe

100% online courses

Start instantly and learn at your own schedule.
Calendar

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Clock

Suggested: 2-3 hours/week

Approx. 19 hours to complete
Comment Dots

English

Subtitles: English

Syllabus - What you will learn from this course

1

Section
Clock
3 hours to complete

Choosing Your Issue Area

Welcome to week 1 of Innovative Finance. We are going to define what innovative finance is and why we need to innovative around financing for social impact. The seven themes of impact we use are housing, health, education, financial inclusion, agriculture, energy, and water, sanitation and hygiene. You will be introduced to case studies: a social enterprise, impact investor, foundation, non-profit and government who are each building innovative financing strategies. You will understand why these organisations were created and the issue areas they have chosen. At this point you’ll need to start thinking about which of these areas resonates to an issue area you want to address. This is the first building block in guiding you to create an innovative financing strategy. ...
Reading
13 videos (Total 48 min), 3 readings, 4 quizzes
Video13 videos
Course Introduction6m
Why We Innovate8m
Themes of Impact: Access to Housing2m
Themes of Impact: Financial Inclusion2m
Themes of Impact: Water, Sanitation and Hygiene2m
Themes of Impact: Access to Healthcare1m
Themes of Impact: Access to Clean and Safe Energy2m
Themes of Impact: Access to Education2m
Themes of Impact: Agriculture2m
Case Studies: Introducing the Innovators3m
Case Studies: Choosing an Issue Area9m
Thinking about Your Issue Aream
Reading3 readings
How This Course Works10m
What to Expect: Week 15m
Week 1 Recommended Resources10m
Quiz4 practice exercises
Financial Readiness Quiz18m
Themes of Impact Practice Quiz16m
Choosing an Issue Area Practice Quiz10m
Week 1 Graded Quiz30m

2

Section
Clock
4 hours to complete

Understanding Challenges and Roadblocks

This week we are going to look at how you assess the needs, challenges and roadblocks in your issue area. You’ll be introduced to Due Diligence, an essential process that needs to be undertaken to map the problem and solutions landscape of an issue area. Following this, we cover design thinking - a useful tool that can be used when conducting due diligence. It emphasizes the importance of understanding the user perspective when mapping problems and potential solutions. Once we’ve understood the concepts, our case studies explain their approaches to due diligence and impact measurement. For this week’s assignment, you’ll need to pick your issue area and outcome metrics as well as design an engagement plan. ...
Reading
7 videos (Total 45 min), 4 readings, 3 quizzes
Video7 videos
Due Diligence in Your Issue Area8m
Using Due Diligence for Design Thinking7m
What is Impact?7m
Applying Impact Measurement: Theory of Change4m
Case Studies: Understanding Challenges11m
Engaging With Your Issue Area4m
Reading4 readings
What to Expect: Week 25m
Design Thinking10m
Vroom case study10m
Week 2 Recommended Resources10m
Quiz2 practice exercises
Due Diligence and Design Thinking Practice Quiz14m
Impact Measurement - Practice Quiz14m

3

Section
Clock
4 hours to complete

Identifying Resources

Congratulations on reaching week 3! This week we are going to focus on the resources you have to achieve the outcomes in your issue area. The primary goal of this week is to get you to think creatively about your assets, revenue streams and funding sources. We are going to start with how you create revenue from assets that you have already identified and work that you (or others) are already doing. Then we are going to look at the different types of funders you should think about engaging with around resourcing. We will also look at websites to find information about these funders. We will spend a bit of time speaking about a specific type of contract called an outcomes-based contract, which can be an effective tool to create revenue streams from a third party payer. Finally, our cases are going to speak about how they identified resources to address their issue area and work towards their outcomes. You’ll hear the case participants reference the different types of funders that we discuss as well as the opportunity to use an outcomes-based contract. The assignments this week include a graded quiz and creating a resource map. Let’s get going! ...
Reading
8 videos (Total 43 min), 2 readings, 4 quizzes
Video8 videos
Recognising Value3m
Revenue Streams and Monetising Assets7m
Types of Funders6m
Identifying Impact Funders2m
Outcomes-Based Financing6m
Case Studies: Identifying Resources12m
Thinking About Resources3m
Reading2 readings
What to Expect: Week 310m
Week 3 Recommended Readings10m
Quiz3 practice exercises
Practice Quiz - Identifying Revenue Streams8m
Practice Quiz - Identifying Funders10m
Week 3 Graded Quiz20m

4

Section
Clock
4 hours to complete

Discovering Opportunities

So now that you’ve had engaged with resources, let’s consider the opportunities and risks that you may face when dealing with your issue area. First, you’ll learn how to look for specific types of opportunities outside of your issue area. We’ll draw on the best practices of other sectors or geographies to create new approaches to achieving your outcomes. We’ll then dive into the darker side - the risks that you’ll need to understand and address with your innovative financing strategy. For your assignment, you’ll need to identify the risks and opportunities associated with your issue area. ...
Reading
12 videos (Total 56 min), 3 readings, 4 quizzes
Video12 videos
Multi-Stakeholder Partnerships4m
Business Model Innovation6m
Risk, Return and Impact4m
Real vs Perceived Risk3m
Impact Risk3m
Early Stage Risk and Scalability5m
Manager Risk2m
Liquidity and Exit Risk4m
Social Impact Insurance2m
Case Studies: Discovering Opportuntities14m
Identifying Opportunities2m
Reading3 readings
What to Expect: Week 410m
Summary of Risk and Funding Structures10m
Week 4 Recommended Readings10m
Quiz3 practice exercises
Practice Quiz - Multi-Stakeholder Partnerships8m
Practice Quiz - Risks12m
Practice Quiz - Case Studies10m
4.7
Briefcase

83%

got a tangible career benefit from this course

Top Reviews

By MBJan 9th 2018

I thoroughly enjoyed it, great content and graphics. Thank you for sharing the the knowledge and insight

By SSJan 13th 2018

Well produced content and interesting cases. I would definitely recommend this course to others.

Instructors

Aunnie Patton Power

Innovative Finance Lead
Bertha Centre for Social Innovation and Entrepreneurship

Tsakane Ngoepe

Investment Analyst
AHL Venture Partners

About University of Cape Town

The University of Cape Town is the oldest university in South Africa and is one of the leading research universities on the African continent. UCT has over 25 000 students, of whom 30% are postgraduate students. We offer degrees in six faculties: Commerce, Engineering & the Built Environment, Health Sciences, Humanities, Law, and Science. We pride ourself on our diverse student body, which reflects the many cultures and backgrounds of the region. We welcome international students and are currently home to thousands of international students from over 100 countries. UCT has a tradition of academic excellence that is respected world-wide and is privileged to have more than 30 A-rated researchers on our staff, all of whom are recognised as world leaders in their field. Our aim is to ensure that our research contributes to the public good through sharing knowledge for the benefit of society. Past students include five Nobel Laureates – Max Theiler, Alan Cormack, Sir Aaron Klug, Ralph Bunche and, most recently, J M Coetzee....

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.