AlpSib newsletter nr 4
JULY 2018 - DECEMBER 2018

Dear AlpSib followers, 26 intense and interesting AlpSib months have passed, full of learning, research and interesting events. Four months are ahead of us till we reach the end of our journey.

We learned a lot about the social impact investing and shared our knowledge to the representatives of public officials, financial world, researchers, consultants and interested public. We also gained attention of the institutions working on the European level.

AlpSib team would like to thank all of you that followed and supported our project in any way.

We will also use this opportunity to wish you peaceful holidays and a happy, healthy and prosperous year 2019! 

Second AlpSib Forum in Turin

In the mid November Turin hosted second AlpSib Forum titled “Building an equitable future. New forms of social impact investments across the Private, Third and Public sectors”.

During the Forum impact investing good practices from all partner countries and Switzerland were presented. Austria presented its project that strived to empower women victims of violence, France portrayed a promising tool for inclusive mobility targeting unemployed people, Germany described how grants and loans can go together to boost innovative social business, Italy amazed with the device for blood sampling from children’s small veins, Slovenia illustrated a ready to market social initiative for tackling computer illiteracy among the elderly and Switzerland talked about their project that aims to integrate refugees into labour market.

The Forum once again proved a great interest in the social impact investing topics and the audience was well balanced between representatives from the public, the finance and the third sector coming from local, regional, national and European level. 

Transnational methodology almost finished

On November 15th, Finpiemonte hosted in Torino the 2nd meeting of the AlpSiB Transnational Advisory Board (TAB). The aim of the meeting was to elaborate the Transnational Methodology for social impact investing policies. 36 international guests and experts, coming from banking, philanthropic and policy making sectors discussed the opportunities and difficulties countries from the Alpine Space area face in the implementation of Social Impact Contracting mechanisms.
Eckert school opened the TAB meeting with the presentation of their work related to the Transnational methodology in Alpine Space. Later, Ms Jelena Emde from the European Investment Bank and Mr Philippe Bernard-Treille from the European Investment Fund gave separate presentations on their institutions’ work in relation to social impact bonds.
An participative discussion took place during the TAB meeting. Everybody agreed on how dynamic the European space is in piloting SIBs. Nevertheless, the European picture results to be still not very homogeneous, and the discussion identified a number of issues and policy implications for different actors.

AlpSib capital-matching events connecting capital with ideas

Milano and Ljubljana hosted capital-matching events, which aimed to connect potential financiers with ideas for projects with social impact and to discuss also the financiers part of the social impact bonds.

New projects in the social field that can be financed by impact investing's new innovative financial instruments were presented to investors in Milan at the Cariplo Foundation, with the collaboration of the Forum for Sustainable Finance that brings together about eighty members of the world of finance, through which private investors and public administration could sign a contract to implement projects in the social field. 

The idea of the Slovenian event was to enable short meetings between potential investors and entrepreneurs with »impact« ideas, but as well among entrepreneurs themselves since they can share experiences and good practices among each other, that will help them develop and realise their ideas.

Personal notes in AlpSib Talks

Three AlpSib Talks, the idea of which was that people with experience in social impact investing deliver personal and motivational note to the audience, happened. One in Freiburg, Milano and Ljubljana. They covered various aspects of social impact investing. Videos were also recorded and will be seen on AlpSib webpage after editing. 

Dissemination of project results via AlpSib sharing events

Freiburg, Nice and region Valle d’Aosta hosted sharing events through which they shared project results and informed the audience about the specificities of social impact bonds. More information about each event can be found under the section “news” on the AlpSib webpage.

The three sharing events followed the Pordenone event that was organised in April. The series of events will be closed with the last event organised in Ljubljana at the beginning of 2019. 

AlpSib presented to the scientific public in Belfast


The University of Applied Sciences in Vorarlberg (FHV) submitted an abstract about Social Impact Bonds (SIBs) to the conference Work, Employment and Society (WES 2018), which took place between the 12th and 14th of September 2018 in Belfast. The conference was organized by the WES conference committee together with the British Sociological Association. The thematic focus of the conference was 'Putting Sociology to Work: Interdisciplinarity, intersectionality and imagination'.

The abstract was one of the selected presentations, which were chosen out of 350 abstracts submitted. It was presented on the third day of the conference.

AlpSib in scientific journals

Matjaž Črnigoj et al. from the Institute for Economic Research prepared an article titled Social impact bonds. The article presents social impact bond model as an innovative way of financing interventions in the social field and analyses its potential use in Slovenia. The authors show how this kind of financing could complement the existing system of social policy measures provided by the state and also bring certain benefits to the existing policies. However, for a successful implementation of the model in practice, there is still a lot to do, as the state and social service providers have shown great disapproval of introducing private capital in social services financing, the authors identified also legal barriers and a lack of impact investors. They propose raising awareness and promotion to attract impact investors, as well as convincing the government that the model could help solving the todays pressing social problems. 

The article was accepted for publication in the Economic and Business Review and will be published in 2019. Economic and business review is a peer-reviewed scientific journal that aims to further the research and disseminate research results in the area of applied business and economic studies, including various fields of economic research, bank and financial management, business informatics, entrepreneurship, international business, management and marketing. Disseminating the results of the project through this channel, allow us to increase the awareness of innovative financing models of social services among the academics who can contribute with the necessary further research that will eventually better adopt the model to the need of the stakeholders.

AlpSib web portal is getting its final look

AlpSib web portal is being constantly updated with project news, e-learning material and other useful information regarding social impact bonds. Check the portal for latest updates! 

Last, but not least…

Despite the fact that this is the last AlpSib newsletter the project will end only at the end of April 2019. In this time, the Translational methodology for social impact investment policies will be finalised and all countries will present it to its policy makers, executives and public servants. Ljubljana will host the last sharing event and AlpSib web portal will be finalised.

And for the very end, AlpSib results, outputs and recommendations will be presented on the European level in Brussels to the representatives of the European institutions and the media.

We will inform you about all the events via AlpSib webpage and social media pages.

You are also invited to follow our activities on our webpage (, Facebook page (AlpSib Project), LinkedIn page (AlpSib) and follow us on Twitter (alp_sib). 

European Regional Development Fund