- The Milken Innovation Center is a financial R&D center based at the Jerusalem Institute for Israel Studies that focuses on building financial solutions to help Israel transition from a "start-up nation" to a "scale-up nation."
- The Center works on practical, data-driven projects and has worked with various Israeli government ministries and organizations. Example projects include affordable housing, capital access, cultural heritage financing, and more.
- The document then discusses potential next steps and investment opportunities for Jerusalem in areas like affordable communities, downtown partnerships, sustainable infrastructure, and East Jerusalem economic development. It provides examples of potential projects and financial structures in each area.
Mair Kraus, Concordia University, Canada. About the JIIS - the Jerusalem Institute for Israel Studies: Our goals, challenges and vision for the city of Jerusalem and the state of Israel.
Visit us at JIIS.org to find out more.
בקרו אותנו באתר מכון ירושלים לחקר ישראל: jiis.org.il
פילנתרופים מקרן ראסל ברי האמריקאית הגיעו לביקור בישראל במרץ 2015, וביקשו לקבל מידע אודות האוכלוסיה ה"כללית" בירושלים, שאינה חרדית ואינה ערבית- נתונים דמוגרפיים, אתגרים וחסמים.
בקרו אותנו באתר מכון ירושלים למידע נוסף: JIIS.org.il
Visit us at JIIS.org to find out more.
Meir Kraus at UCLA's convention: "Israel in 3D": The Jerusalem Mosaic: A Delicate Balance
Visit us at jiis.org. to find out more
בקרו אותנו באתר מכון ירושלים לחקר ישראל למידע נוסף: jiis.org.il
presentation at Friedrich Ebert Stiftung (FES) Expert Workshop From Neoliberal to Socially-Just Reconstruction – The role of civil society in shaping post-conflict reconstruction policies in Iraq, Syria, yYemen and Libya, September, Beirut, Lebanon.
Mair Kraus, Concordia University, Canada. About the JIIS - the Jerusalem Institute for Israel Studies: Our goals, challenges and vision for the city of Jerusalem and the state of Israel.
Visit us at JIIS.org to find out more.
בקרו אותנו באתר מכון ירושלים לחקר ישראל: jiis.org.il
פילנתרופים מקרן ראסל ברי האמריקאית הגיעו לביקור בישראל במרץ 2015, וביקשו לקבל מידע אודות האוכלוסיה ה"כללית" בירושלים, שאינה חרדית ואינה ערבית- נתונים דמוגרפיים, אתגרים וחסמים.
בקרו אותנו באתר מכון ירושלים למידע נוסף: JIIS.org.il
Visit us at JIIS.org to find out more.
Meir Kraus at UCLA's convention: "Israel in 3D": The Jerusalem Mosaic: A Delicate Balance
Visit us at jiis.org. to find out more
בקרו אותנו באתר מכון ירושלים לחקר ישראל למידע נוסף: jiis.org.il
presentation at Friedrich Ebert Stiftung (FES) Expert Workshop From Neoliberal to Socially-Just Reconstruction – The role of civil society in shaping post-conflict reconstruction policies in Iraq, Syria, yYemen and Libya, September, Beirut, Lebanon.
Indigenous economic development in the European arcticOECDregions
Presentation on indigenous economic development, made at a policy workshop organised with DG Mare of the European Commission on 5 June 2018. Presentation by Chris McDonald, Regional and Rual Policy Division, OECD.
More information: http://www.oecd.org/cfe/regional-policy/indigenous-communities.htm
Belgrade open school presented the ALMIT project within the MIGRATE conference, organized on the 25-26 of April 2018, by Faculty of Political Sciences, University of Belgrade.
ALMIT project is project funded by EaSI - EU Programme for Employment and Social Innovation.
The presentation explores the link between Culture and Development in the Caribbean as well as the opportunities for a new kind of external projection the Caribbean may have by using its cultural industries.
The presentation is about the current trends on the production and commercialization of cultural products and services in the Caribbean, and how it might contribute to te economic development and regional integration. Main obstacles for cultural industries in the Caribbean are identified.
Rural Development and Indigenous Communities in Traditional Settlement AreasOECDregions
Presentation on Rural Development and Indigenous Communities in Traditional Settlement Areas made on 25 January 2016 in Peubla, Mexico. Presentation by Enrique Garcilazo, OECD Regional Development Policy Division.
More information: http://www.oecd.org/cfe/regional-policy/
Linking Indigenous Communities with Regional DevelopmentOECDregions
Presentation on Linking Indigenous Communities with Regional Development made at the Norther Perphery and Arctic Programme Annual event on 28 September 2016 in Akureyri, Iceland. Presentation by Chris McDonald, OECD Regional Development Policy Division.
More information: http://www.oecd.org/cfe/regional-policy/
On Wednesday 29th January, the Doctoral Training Partnerships and Centres for Doctoral Training were launched at a conference at the University of Nottingham.
Indigenous Peoples Dialogue and Regional DevelopmentOECDregions
Presentation on Indigenous Peoples and Regional Development, made at the EU event on A Sustainable Arctic: Innovative approaches, held on 15-16 June 2017 in Oulu Finland. Presentation by Chris McDonald, OECD Regional Development Policy Division.
More information: http://www.oecd.org/cfe/regional-policy/
This presentation gives you an idea about how democracy as a system affects the growth of a country ,the challenges faced by it and possible solutions that can be adopted.
Social Enterprise Presentation 1-31-19 final SMALL.pdfAliZainParhar
Social Enterprise Presentation
Outline
• Social Enterprises
• Venture Development Toolkit
• Impact Investment
• Social Return on Investment (SROI)
• Social Value Creation – Rethink Problem/Solution
John Glazer
glazerj@ohio.edu
Senior Executive in Residence for Strategic Development
Technical Director, Social Enterprise Ecosystem
Voinovich School of Leadership
& Public Affairs
Ohio Universit
Center for Enterprise Innovation (CEI) Summary for HREDA, 9-25-14Marty Kaszubowski
This is a presentation given to the Hampton Roads Economic Development Alliance (HREDA) on 9-25-14. It describes the vision and goals for the new Old Dominion University (ODU) Center for Enterprise Innovation (CEI).
This presentation was given by Rachel Quinn (One East Midlands) on 27 March 2014 in York.
In the presentation Rachel discussed the role of LEP's.
Find out more about NCVO's european policy work:
Natasha Yemm, Manager for the Social Enterprise Development and Investment Funds (SEDIF) initiative at the Australian Government Department of Employment, presented at our seminar entitled ‘Impact Investing Seminar: Revolutionising capital markets for greater societal gains’ on Thursday 9 October 2014 in Melbourne.
Held in partnership with National Australia Bank as part of our Sustainability Leadership Series, the seminar brought together experts from various fields, discussing the challenges and opportunities associated with this innovative way to invest capital for social and/or environmental benefits as well as financial returns.
For more information about this seminar and the UNAA Sustainability Leadership Series please visit www.unaavictoria.org.au/education-advocacy/masterclasses/
Indigenous economic development in the European arcticOECDregions
Presentation on indigenous economic development, made at a policy workshop organised with DG Mare of the European Commission on 5 June 2018. Presentation by Chris McDonald, Regional and Rual Policy Division, OECD.
More information: http://www.oecd.org/cfe/regional-policy/indigenous-communities.htm
Belgrade open school presented the ALMIT project within the MIGRATE conference, organized on the 25-26 of April 2018, by Faculty of Political Sciences, University of Belgrade.
ALMIT project is project funded by EaSI - EU Programme for Employment and Social Innovation.
The presentation explores the link between Culture and Development in the Caribbean as well as the opportunities for a new kind of external projection the Caribbean may have by using its cultural industries.
The presentation is about the current trends on the production and commercialization of cultural products and services in the Caribbean, and how it might contribute to te economic development and regional integration. Main obstacles for cultural industries in the Caribbean are identified.
Rural Development and Indigenous Communities in Traditional Settlement AreasOECDregions
Presentation on Rural Development and Indigenous Communities in Traditional Settlement Areas made on 25 January 2016 in Peubla, Mexico. Presentation by Enrique Garcilazo, OECD Regional Development Policy Division.
More information: http://www.oecd.org/cfe/regional-policy/
Linking Indigenous Communities with Regional DevelopmentOECDregions
Presentation on Linking Indigenous Communities with Regional Development made at the Norther Perphery and Arctic Programme Annual event on 28 September 2016 in Akureyri, Iceland. Presentation by Chris McDonald, OECD Regional Development Policy Division.
More information: http://www.oecd.org/cfe/regional-policy/
On Wednesday 29th January, the Doctoral Training Partnerships and Centres for Doctoral Training were launched at a conference at the University of Nottingham.
Indigenous Peoples Dialogue and Regional DevelopmentOECDregions
Presentation on Indigenous Peoples and Regional Development, made at the EU event on A Sustainable Arctic: Innovative approaches, held on 15-16 June 2017 in Oulu Finland. Presentation by Chris McDonald, OECD Regional Development Policy Division.
More information: http://www.oecd.org/cfe/regional-policy/
This presentation gives you an idea about how democracy as a system affects the growth of a country ,the challenges faced by it and possible solutions that can be adopted.
Social Enterprise Presentation 1-31-19 final SMALL.pdfAliZainParhar
Social Enterprise Presentation
Outline
• Social Enterprises
• Venture Development Toolkit
• Impact Investment
• Social Return on Investment (SROI)
• Social Value Creation – Rethink Problem/Solution
John Glazer
glazerj@ohio.edu
Senior Executive in Residence for Strategic Development
Technical Director, Social Enterprise Ecosystem
Voinovich School of Leadership
& Public Affairs
Ohio Universit
Center for Enterprise Innovation (CEI) Summary for HREDA, 9-25-14Marty Kaszubowski
This is a presentation given to the Hampton Roads Economic Development Alliance (HREDA) on 9-25-14. It describes the vision and goals for the new Old Dominion University (ODU) Center for Enterprise Innovation (CEI).
This presentation was given by Rachel Quinn (One East Midlands) on 27 March 2014 in York.
In the presentation Rachel discussed the role of LEP's.
Find out more about NCVO's european policy work:
Natasha Yemm, Manager for the Social Enterprise Development and Investment Funds (SEDIF) initiative at the Australian Government Department of Employment, presented at our seminar entitled ‘Impact Investing Seminar: Revolutionising capital markets for greater societal gains’ on Thursday 9 October 2014 in Melbourne.
Held in partnership with National Australia Bank as part of our Sustainability Leadership Series, the seminar brought together experts from various fields, discussing the challenges and opportunities associated with this innovative way to invest capital for social and/or environmental benefits as well as financial returns.
For more information about this seminar and the UNAA Sustainability Leadership Series please visit www.unaavictoria.org.au/education-advocacy/masterclasses/
Leveraging Opportunity Zones to Support Regional Economic Developmentnado-web
During the 2019 NADO Annual Training Conference (October 19 - 22 in Reno, NV), Scott Dadson shared information creating investable communities and how to take advantage of the Opportunity Zone Program.
REDI is a public-private partnership engaging stakeholders in a collaborative effort to create jobs. It focuses on Silicon Valley’s most promising economic opportunities. REDI is led by the San Jose Silicon Valley Chamber of Commerce in cooperation with the City of San Jose, Santa Clara County and supported by the regional business community.
Social Enterprise Exchange is a programme of support for social enterprise in Sheffield City Region delivered by a community-based consortium in collaboration with Sheffield City Region Growth Hub and funded by European Regional Development Fund.
The panel will highlight colleges and universities engaged in formal collaboration initiatives aimed at place-based development that include a diverse set of partners. The discussion will be placed in the context of the anchor strategic framework developed by ICIC and Michael Porter. Representatives from successful collaboration initiatives in Minneapolis and Syracuse will share insights from their experience with this approach including the challenges associated with effectively managing and aligning multiple partners.
This is the second session in the Community Matters webinar series. It features experts from the Casey and Calvert foundation discussing innovative ways organizations and individuals can invest in the transformation of a community.
Social Enterprise Exchange Launch PresentationSteve Buckley
Social Enterprise Exchange is a programme of support for social enterprise in Sheffield City Region delivered by a community-based consortium in collaboration with Sheffield City Region Growth Hub and funded by European Regional Development Fund 2014–2020
This presentation was part of the NCVO event - 'It's Our Community research workshop - East of England'.
This event was organised by NCVO, BIG Society CIC and Peterborough Council for Voluntary Service, to look at how European funding has been used to fund community-led solutions to local problems, and explore how this funding might be used in the future.
Ingrid Gardiner (EU manager) gave a presentation on European Structural and Investment Funds : Community Grants. NCVO co-ordinates the European Funding Network.
You can find out more about NCVO events on the European Funding Network website: http://europeanfundingnetwork.eu/events/ncvo-event
סיכום דבריו של ד"ר אמנון רמון, חוקר במכון ירושלים לחקר ישראל, בערב העיון על הר הבית לזכר פרופ' יעקב בר-סימן-טוב ב-26.3.2015. על הפעילות ההולכת ומתרחבת של קבוצות הר הבית, הקוראות לבניית בית המקדש השלישי ומשקפות את השינוי התיאולוגי בחברה הדתית, כולל בקרב החברה הדתית לאומית.
ממצאי מחקר תשתית והערכה של השכונות בית חנינא, צור באהר ואום טובא הוצגו בערב עיון שהתקיים במכון ירושלים לחקר ישראל בדצמבר 2014. מחקר זה הוא חלק מסדרה של מחקרים העוסקים בשכונות הפלסטיניות במזרח-ירושלים ומטרתם לשרטט פרופיל חברתי ותשתיתי של השכונות במגוון תחומי חיים: אוכלוסייה, חברה, מוסדות, כלכלה, שירותים ותשתיות. המצגת הוכנה על ידי אחד ממובילי המחקר, ישראל קמחי.
SPREE project (Servicizing Policy for Resource Efficient Economy) is a three-year project within the environment theme under the European Commision’s Seventh Framework Program (FP7). The aim of SPREE project is to identify potential “Servicizing Policy Packages” for the establishment of Servicizing systems which facilitate the transition from selling products to providing services.
www.spreeproject.com/
Canadian Immigration Tracker March 2024 - Key SlidesAndrew Griffith
Highlights
Permanent Residents decrease along with percentage of TR2PR decline to 52 percent of all Permanent Residents.
March asylum claim data not issued as of May 27 (unusually late). Irregular arrivals remain very small.
Study permit applications experiencing sharp decrease as a result of announced caps over 50 percent compared to February.
Citizenship numbers remain stable.
Slide 3 has the overall numbers and change.
Many ways to support street children.pptxSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
Up the Ratios Bylaws - a Comprehensive Process of Our Organizationuptheratios
Up the Ratios is a non-profit organization dedicated to bridging the gap in STEM education for underprivileged students by providing free, high-quality learning opportunities in robotics and other STEM fields. Our mission is to empower the next generation of innovators, thinkers, and problem-solvers by offering a range of educational programs that foster curiosity, creativity, and critical thinking.
At Up the Ratios, we believe that every student, regardless of their socio-economic background, should have access to the tools and knowledge needed to succeed in today's technology-driven world. To achieve this, we host a variety of free classes, workshops, summer camps, and live lectures tailored to students from underserved communities. Our programs are designed to be engaging and hands-on, allowing students to explore the exciting world of robotics and STEM through practical, real-world applications.
Our free classes cover fundamental concepts in robotics, coding, and engineering, providing students with a strong foundation in these critical areas. Through our interactive workshops, students can dive deeper into specific topics, working on projects that challenge them to apply what they've learned and think creatively. Our summer camps offer an immersive experience where students can collaborate on larger projects, develop their teamwork skills, and gain confidence in their abilities.
In addition to our local programs, Up the Ratios is committed to making a global impact. We take donations of new and gently used robotics parts, which we then distribute to students and educational institutions in other countries. These donations help ensure that young learners worldwide have the resources they need to explore and excel in STEM fields. By supporting education in this way, we aim to nurture a global community of future leaders and innovators.
Our live lectures feature guest speakers from various STEM disciplines, including engineers, scientists, and industry professionals who share their knowledge and experiences with our students. These lectures provide valuable insights into potential career paths and inspire students to pursue their passions in STEM.
Up the Ratios relies on the generosity of donors and volunteers to continue our work. Contributions of time, expertise, and financial support are crucial to sustaining our programs and expanding our reach. Whether you're an individual passionate about education, a professional in the STEM field, or a company looking to give back to the community, there are many ways to get involved and make a difference.
We are proud of the positive impact we've had on the lives of countless students, many of whom have gone on to pursue higher education and careers in STEM. By providing these young minds with the tools and opportunities they need to succeed, we are not only changing their futures but also contributing to the advancement of technology and innovation on a broader scale.
A process server is a authorized person for delivering legal documents, such as summons, complaints, subpoenas, and other court papers, to peoples involved in legal proceedings.
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
ZGB - The Role of Generative AI in Government transformation.pdfSaeed Al Dhaheri
This keynote was presented during the the 7th edition of the UAE Hackathon 2024. It highlights the role of AI and Generative AI in addressing government transformation to achieve zero government bureaucracy
Presentation by Jared Jageler, David Adler, Noelia Duchovny, and Evan Herrnstadt, analysts in CBO’s Microeconomic Studies and Health Analysis Divisions, at the Association of Environmental and Resource Economists Summer Conference.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
What is the point of small housing associations.pptxPaul Smith
Given the small scale of housing associations and their relative high cost per home what is the point of them and how do we justify their continued existance
1. Milken
Innovation
Center
Sustainable Jerusalem: Next Steps towards 2020
Prof. Glenn Yago, Senior Director
Jerusalem Institute for Israel Studies
Jerusalem 3-D Conference
Nazarian Center for Israel Studies
UCLA
May 31, 2015
2. Milken
Innovation
Center
Milken Innovation Center
Based at the Jerusalem Institute for Israel Studies, we are a financial R&D center that focuses
on building financial solutions to enable Israel to move from the “start-up nation” to the “scale-
up nation.”
Fellows
Projects
Financial
Innovations
Labs
We build practical, market-based, data-driven solutions that achieve results…
4. Milken
Innovation
Center
Specifics
Fellows
Projects
Financial
Innovations
Labs
• Towards Affordable Housing in Israel
• Capital Access in Israel’s Underserved
Markets
• (Re)Investing Israel’s Capital Markets
• Building a Social Capital Market in Israel
• New Techniques for Financing
Biomedical Technologies
• Financing Solid Waste Treatment in
Israel
• Cultural Heritage as an Economic
Development Resource
• National Economic Council
• Tax Authority
• Ministry of Finance
• Ministry of Economy
• Office of the Chief Scientist
• Ministry of Environmental Protection
• Bank of Israel
• Office of Fuel Alternatives
• Strengthening Israel’s Regions
• Financing the Infrastructure for the
Kidron Valley
• Financial Inclusion Tools and Policies
5. Milken
Innovation
Center
Regional Development
Financial Authority
• Revenue bonds for
infrastructure, small business
• Credit enhancement from
philanthropic investors and
government
• Our Role: Lab, research,
modeling, structuring (2007 to
2014)
• Results: government action
being considered for Negev and
Galilee
• Initial social investment:
$220,000
• Expected program results:
$60,000,000
• Status: pending official
government action led by
National Economic Council,
Ministry of Finance, and Ministry
of Economy
New Models – New Results
Relevant examples of some other related projects…and results so far
5
Social Investment Fund
• Leverage social investment into
social enterprise
• Credit enhancement from
philanthropic investors and
government to leverage capital
market investments
• Our role: Lab, Fellows,
research, modeling, structuring
(2010-2014)
• Results: government tender for
launch of social investment fund
in 2014
• Initial social investment:
$180,000
• Expected program results
$50,000,000
• Status: tender issued
Affordable Housing
Initiative
• Range of tools and programs to
encourage development of
affordable housing
• Equity, debt, tax credits,
guarantees, etc.
• Role: Lab, fellows, research,
modeling, structuring
(2012-2014)
• Results: Ministries considering
adapting specific actions
• Initial social investment:
$125,000
• Expected program results: $23
billion (long term private
investment)
• Status: Under review by
Housing Cabinet and Ministries
River Revitalization
• Range of tools and programs to
encourage infrastructure, clean-
up, and development
• Project financing
• Role: Lab, research, modeling,
project structure (2011-2014)
• Results: project financing plan
for regional sewage treatment,
economic and community
development plan
• Initial social investment:
$110,000
• Expected program results:
$98.6 million
• Status: pending government
approval
8. Milken
Innovation
CenterWhat are the strategic investment
opportunities in Jerusalem?
Affordable Communities
Downtown Partnerships
Sustainable
Infrastructures
East Jerusalem
Economic Development
Project goals
and
representative
projects
These goals are based on the Jerusalem Foundation’s
Working Policy Paper on Jerusalem (May 2014)
9. Milken
Innovation
CenterStrategic opportunity
Affordable Communities
Opportunity
§ Increase the range of housing options for poor, working poor,
students, young families, and the middle class
§ Design scalable financial services to Jerusalem’s youth, student,
and growing family populations
Projects
• Affordable housing - leverage philanthropic investments to create scalable and
sustainable financing solutions to provide affordable housing in Jerusalem
• Credit union - create community-based credit union to provide cost-effective, scalable
financial services to students, young families, and the city’s middle class
• Business development – technical assistance and access to affordable financing for the
development and growth of small businesses
10. Milken
Innovation
CenterStrategic opportunity
Downtown Partnerships
Opportunity
• Enhance downtown as a destination for retail, quality office, and
cultural attractions
• Build public and private partnerships to attract investment and
residents into urban center
Projects
• Office incubator spaces - invest in incubator office spaces for competitive businesses in
the City’s core to leverage the City’s comparative advantages
• Creative hubs - leverage philanthropic and government investments in the city core to
strengthen the growth and development of schools, dormitories, art studios and galleries,
and related services in the urban core
• Business improvement districts - create public, private, and philanthropic partnerships to
leverage new sources of investment for business district development.
11. Milken
Innovation
CenterStrategic opportunity
Developing Urban Infrastructures
Opportunity
§ Improve tourism and cultural heritage infrastructures, including
museums, parking, and support services
§ Strengthen water, alternative energy sources, land management,
and education facilities
§ Integrate and enhance natural habitats in urban fabric
Projects
• Physical assets - Develop scalable environmental, energy, transit, and tourism and
cultural heritage, and waste treatment assets
• Community assets - Leverage philanthropic investments and engage private investors in
creative communities (creative arts and engineering schools, galleries, and community-
based programs)
12. Milken
Innovation
CenterStrategic opportunity
East Jerusalem Economic Development
Opportunity
§ Leverage global market for Jerusalem’s modern and ancient
cultures
§ Expand business and community development in Arab
neighborhoods
Projects
• Leverage philanthropic investments in build a sustainable
financing and technical support program, including:
– Youth outreach and center for entrepreneurial training in social enterprise and technology
– Business hub for tourism-related business development and network development
– Community-based and business development and entrepreneurship training
– Social enterprise development to support young leaders to develop social enterprises
• Create regional tourism improvement district to invest new capital into tourism sector
13. Milken
Innovation
CenterEconomic Development Tools
Economic
Development
Real Estate
Project
Real
Estate &
Property
Special
Districts
(Tourism,
BIDs,
etc.)
Taxes &
Revenue/
Results Based
Financing
P3 +
Infrastructure
Land
Use /
Zoning
(Higher
Density;
Parking)
Cities have 5 BASIC TOOLS for Public Private Projects
Theses tools often work best when used together
13
14. Milken
Innovation
Center
Opportunities Investment structure financial and social returns
Affordable
communities
• Community investment notes
• Community development bank
• Shared equity funds
• Loan interest
• Sustainable financial services
• Fee income
• Upside equity returns
Infrastructure • Credit enhancements
• Regional development bonds
• Tax increment financing
• Guarantee fees
• Bond interest and fees
• Access to low cost capital
Downtown
partnerships
• Business improvement districts
• Business revolving loan funds
• Sustainable downtown services
• Stronger downtown amenities
East
Jerusalem
• Business development financing
• Business network development
• Regional asset financing
• Social Impact Bonds
• Royalties, interest, and fees
• Sustainable business networks
• Jobs and incomes for residents
Examples of social investment structures
with types of returns
14
15. Milken
Innovation
Center
Stakeholders Examples of returns
Businesses more income, stronger market
Cultural institutions stronger market base, larger donor base
NGOs new revenue models and new sources of investment capital
Local government stronger tax base, new sources of capital for investment projects
Government less fiscal dependence, stronger populations
Population jobs, education, community assets
Community schools, sustainable services, and new sources of capital
Philanthropy Sustainable, scalable investments; potential returns on project upsides
to support ongoing project and program design and development
Examples of returns on investments to
stakeholders
15
16. Milken
Innovation
Center
Social
investment
Leverage
multiple
Organization
and capacity
Low-cost, long-
term debt
Guarantees
Participating
equity
Capital market
investments
Jobs and
incomes
Fiscal balance
and savings
Investing in a sustainable Jerusalem now
A seed investment with high leverage
potential
16
Indirect returns for philanthropic
seed investors:
• sustainable, scalable
investments;
• high impact outcomes; and
• potential returns on project
upsides to support ongoing
project and program design and
developmentProposed seed investment
research and planning
24. Milken
Innovation
Center
Kidron Eco-Systems
Ecological & Economic: Sustainability Case Study
Water & Sewer
Treatment
Solid Waste
Treatment
Education
Agriculture
Recreation &
Tourism
Heritage &
Tourism
Economic &
Community
Development
Source: Milken Institute 24
27. Milken
Innovation
Center
Steering Committee, Institutions, Basin Management and Planning Committees
27
Planning Committee:
Head of the Planning Arie Rahamimoff Liora Meron
Committee: Laure Dachy - Rahamimoff Architect
Gregory Katz
Demographic and Society: Planner Israel Kimhi - Jerusalem Institute
Community Planning: Planner Muhammed Nakhal
Sewage: Eng. Amir Avishai- Afik
Drainage: Dr. Eng. Nimrod Halamish, Afik, Dr. Yulia Alexandrov
Authority: Eng. Avi Freund - Engineer at Dead Sea Drainage Authority
Landscape Architecture: Arch. Vardit Tsurnamal - Arch. Avital Hagai -
Tsurnamal-Turner
Transportation: Marc Render- Amav Transportation Planning
Chaim Schwartz - Amav
Law and Administration: Adv. Dani Livney- Laster- Gouldman
International Law: Dr. Robbie Sabel
Economy: Prof. Glenn Yago, Dr. Steven Zecher, Milken
Institute
Archaeology, Heritage, Green Osnat Post, Avner Haramati, Avner Goren
Pilgrimage and Tourism: Muhammed Nakhal
Municipal Project : Idit Alhasid Orit Golan – New Community
Muhammed Nakhal, Fuad Abu Hamed,
Haled Abu Kaf
Engineers Without Borders: Dr. Vered Blass, Avner Goren, Co-Chairs,
EWB, Israel
Society for the Protection Pazit Schweid, Pearl Kaplan, Sigalit of Nature
in Israel SPNI Rachman, Ido Wachtel, Amir Balaban
Community Building in a
Global Society Planning: Yoel Siegel, Ph.D. Director Metro-Jerusalem
URBIS
Local business initiatives Naim Awissat
Members who participated in the Master Plan Committee:
Hydrology : Prof. Eliahu Rosenthal
Drainage and Sewage:Eng. Ilan Helbetz - Lavi Natif
Members of the Steering Committee:
Chairman of the Steering Gery Amel , Dead Sea
Drainage Authority Committee: Prof. Richard Laster
Institutions participating in the Steering Committee:
City of Jerusalem
Dead Sea Drainage
Ministry of the Environment
Jerusalem Institute for Israel Studies
Milken Institute
Peres Center for Peace
Basin Management Committee:
City of Jerusalem: Naomi Tsur, Deputy Mayor of
Jerusalem and Deputy chair of
Dead Sea Drainage
Dead Sea Drainage Authority: Gery Amel , Dead Sea
Drainage
City of Ubiedyeh: Suleiman Abdallah Al Assa
34. Milken
Innovation
Center
Lower Region
Central Region
Upper Region
Kidron Basin- Planning Regions
Length of the streambed 40 km
Aerial length 24 km
Area of the Basin 120 Sq. km.
• Upper Region 20 Sq. km.
• Central Region 70 Sq. km.
• Lower Region 30 Sq. km.
4 Legal Juristictions
Kidron Basin
Borders between Basin Regions
Streambed34
42. Milken
Innovation
Center
Sewage in the Kidron/Nar
Dumping of untreated sewage in the streambed:
A violation of Israeli law, International law (crossboundary pollution), the law in the Israeli-administered
West Bank (Area C), and Palestinian law.
42
ü One third of Jerusalem’s sewage, approximately 30,000 cubic meters per day,
flows down the Kidron Stream/Wadi Nar without any type of treatment.
ü Approximately 15,000 cubic meters of sewage from the Bethlehem-Beit Sahur
region flows down the stream every day.
ü A total of 40,000 to 45,000 cubic meters per day (projection for the year 2025:
60,000 cubic meters).
ü This comes to a total of 15 million cubic meters per year.
43. Milken
Innovation
Center
Involving the Community and Stakeholders
2011 ינואר ,העירונית התכנון ועדת
2011 נובמבר ,III -ה תיאופילוס היווני הפטריארך
2010 מרץ ,עניין בעלי מפגש
2010 ספטמבר ,א-סוואחרה ערב בתכנית דיון
43
44. Milken
Innovation
Center
GOALS OF THE MASTER PLAN
- Guiding Principle: The Kidron Basin- A quality area between the Old
City, Central Jerusalem and the Dead Sea
- “The Stream as a Bridge” - Between Political Entities and Cultures
- Solving the Kidron sewage problem
- Involving the Community and Stakeholders
- Improving the Population's Quality of Life
- Renewing the connection between Jerusalem, the Basin and the Desert
- Implementation of the Basin Plan in the Future44
49. Milken
Innovation
CenterFinancing Model
Concept
New Business
Development &
Growth
Special
District Fees
Business &
Individual
Taxes
Project Financing
49
Source: Milken Institute
7
8
9
102
4
3
5
1
6
11
Special Purpose Vehicle
Infrastructure
Construction
Sewage Collection &
Treatment
Operating
Revenues
Service
fees
50. Milken
Innovation
CenterFinancing Model
Explanation
Special Purpose Vehicle
Project Financing
Capital Costs
• Waste water treatment works
• Nonpoint pollution control management
• Clean-up, remediation, and conservation
ProgramOperations
• Water Collection
• Treatment
• Distribution
Operating Revenues
• Grey Water Sales
• Compost Sales
• Methane Gas Sales
• Energy Sales
Direct Public Fees
• Tap-in Fees
• Flushing Fees
• Drainage fees
• Drinking water fees
Business Growth
• Heritage & Recreation
• Tour & Lodging
• Commercial Services
• Education
Indirect Revenues
• Real Estate Taxes, Improvement
Taxes
• Recreational fees, use fees
• Business licenses
Indirect Revenues
• Tax Increments
• Special purpose taxes
• Event fees
50
Source: Milken Institute
51. Milken
Innovation
CenterProject Financing
Capital Structure Assumptions
Senior Debt
First Loss Protection
Subordinated
Debt
Credit
Enhancement
Market
Equity
Socia
l
Equit
y 51
Senior Debt – 67% - Revenue
bond - Priority lien on all project
income and assets; limited
recourse to project (with limited
guarantee; priced at market
interest rates (-50 bp with
limited guarantee); 20 years
Subordinated Debt – 20% -
International Loans (World Bank -
IBRD, USAID, EIB) - Subordinated
lien on all project income and
assets; priced below market and
longer term
Credit enhancement - Israeli, EU, and US
sources (OPIC, EU-EIB, World Bank partial
risk guarantees) - Standby guarantee with
coverage on first losses up to 20% of the
outstanding principal on the senior debt;
reduced based on debt coverage
Market Equity – 5% - In-kind
services and cash contributions
by limited partners
Social Equity – 8% - Convertible Grant
(World Bank IDA Credits and grants) -
Convertible Grant (World Bank IDA Credits
and grants) Source: Milken Institute, 2013
52. Milken
Innovation
Center
Operating
Revenues
Treated
Water Sales
Israel
Services
Palestinian
Services
Project Financing
Operating Revenue Assumptions
Direct - Services
revenues (2.51 NIS/cm)
provided to resident
population in Jerusalem
(85%); Jerusalem
payments handled by
Gihon Water Company
Direct - Sale of ~65% of the
treated water for agricultural
production at .50 NIS/cm;
payments on sales to
Palestinian agriculture paid
by Palestinian Authority
Indirect - Reserve Funding –
Capitalized with project financing
and financed based on a portion*
the incremental sales revenues;
fees may be collected as
supplemental fee or assessment
on international tourists
Direct - Palestinian
Authority areas (15%)
at a cost of .55 NIS/
cm; Palestinian
payments made by a
Palestinian water
company
Source: Milken Institute 52