ABOUT UPSKILL CAPITAL
In developing countries around the world, many young adults (aged 18-25 yrs) are unnecessarily trapped in poverty: they want to learn skills that will enable them to earn a higher salary, but do not have access to the education they need. One of the key barriers is financing: low income young adults simply do not have the funds to pay for their education upfront.
UpSkill Capital was formed by six recent graduate students with a single purpose: find a way to sustainably make Vocational (skills-based) education more accessible to low income young adults in developing countries. To this end, we have developed a new way to fund vocational training: we pay for students’ tuition upfront and upon completion of their training, students enter paid internships, where a portion of their wage is taken to repay tuition costs.
We believe that in order to be truly sustainable and not continuously dependent on donations, our model must be capable of generating a surplus that covers its operating costs and the cost of the capital consumed.
UPSKILL CAPITAL - AN IMPACT INVESTMENT
UpSkill Capital is one of a new class of businesses that are termed ‘Impact Investments’.
Impact investments are investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return. Impact investors actively seek to place capital in businesses and funds that can harness the positive power of enterprise.
A rapidly growing supply of capital is seeking placement in impact investments across geographies, sectors, and asset classes. The glue that binds those who operate in the impact investing industry is the shared conviction that creative investments can play a crucial part in addressing social and environmental challenges. This investment interest is sparking the emergence of a new industry that operates in the largely uncharted area between philanthropy and a singular focus on profit-maximization.
To find out more about UpSkill Capital, or about Impact Investments, send us an email at firstname.lastname@example.org