I returned from my three-week long trip to India recently, which has received some favorable coverage in the press. The Hindu covered our payment-by-results event in Bangalore, which was attended by approximately 50 people. The Economic Times of India covered our event in Mumbai, which was attended by about 70 people. Lots of this coverage will be recorded on Instiglio’s media mentions page.
I expected that overall demand for innovative ways to finance NGOs will increase in India as some of the multinational donors step back and re-evaluate their grant-making activity given tight budgetary environments. The challenge will be to find exceptionally good partnerships for demonstration projects of payment-by-results and social impact bonds.
Michael Belinsky 