(USD) - total: TBD
First Phase Needs
Type of Project
Philanthropy Mostly Impact Investment
Guanacaste Community Fund
start-ups, small and medium private companies, cooperatives, community associations
WHAT DOES THIS PROJECT DO?
It promotes regeneration projects based on real demand and the potential impact of transformation in the dimensions accepted by regeneration theory, seeking adequate, direct nancing with lower entry barriers. It grants funding to individuals and legal entities and maintains a practice of multidisciplinary mentoring. It recognizes that regeneration is an alternative and high-risk productive eld and calculates interest rates by depressing this factor’s speci c weight. It encourages the generation of proofs of concept, minimum viable products, and prototypes. It systematizes and publicizes cases and experiences with different results. It favours projects designed, executed, and supported by women.
HOW IS IT GOVERNED?
It is subject to a credit selection and granting committee’s decisions chaired by the Rector’s
Of ce of UCI. It establishes credit contracts with the legal representatives of the selected projects. An autonomous monitoring and evaluation committee is formed to suggest timely and pertinent adaptations.
WHAT IS THIS PROJECT?
It is a lab-type investment fund located at the University for International Cooperation that explores regenerative alternatives for the environment, economy, coexistence, agricultural production, urban and natural landscape, infrastructure, services, business models, public nances, and technology.
HOW IS IT VALIDATED?
By the number of loans granted, loan applications, various approaches to loans requested, quality of follow-up and monitoring, and productivity (return on investment).
Contribution to UN Sustainable Development Goals
"The future can't be predicted but it can be envisioned and brought lovingly into being. Systems can't be controlled, but they can be designed and redesigned."
- Donella Meadows