Description: Social Impact Incentives (SIINC) is a an instrument that rewards high-impact enterprises with premium payments for achieving social impact.
Fotolia / © Renate Wefers
The additional revenues enable them to improve impact performance and attract investment to scale. Thus SIINC can effectively leverage public or philanthropic funds to catalyze private investment in underserved markets with high potential for positive impact.
The SIINC model makes it possible to scale without compromising on generating strong positive impact. SIINC can act as an additional revenue stream that directly improves the enterprise’s income. With SIINC-related premium payments, the enterprise enjoys full flexibility about the type and source of investment to bring in.