Si3 (Social Impact Investment in Israel) is UJIA’s innovative initiative that is changing Israel-focused philanthropy. Si3 uses a cutting-edge approach to drive social change in Israel and creatively engage funders in the UK who have not previously directed their philanthropic efforts towards Israel. Si3 funds projects that provide high value social impact and a financial return to better advance UJIA’s social mission to strengthen vulnerable communities in Israel. To leverage your giving to create extraordinary impact as well as to recycle capital, the educational, employment and community development endeavors in which Si3 invests, must repay the investments made in them, and their projects must be scalable and replicable. Si3 is a bold new face of Israeli philanthropy.
To date, Si3 has invested in twelve social impact projects from among 250 applicants, in areas like urban regeneration, micro-finance and other endeavors that are successfully tackling stubborn social issues among Israel’s most vulnerable communities, including Ethiopian, Bedouin, Ultra-Orthodox and children with disabilities. Si3 is the most active Jewish community-led impact investment portfolio in the Israel ecosystem, and it is generating an evergreen pool of capital for social change.
To see how Si3 works, please watch the short animation below:
UJIA established Si3 to invest in organisations in Israel that generate sustainable, measurable and beneficial social impact (SRI) alongside a financial return (ROI). Its target investment areas align with that of the UJIA’s: improving education, generating employment and developing communities. Impact investment of this nature represents a revolution in how the Diaspora gives to, and engages with Israel. It provides donors with the opportunity to participate in Israel’s burgeoning social impact investment scene while leveraging their donations to do more good. Si3 also creates a deeper connection between British Jews and Israel by creating an extraordinarily positive impact on Israel’s most disadvantaged populations.
Si3 is UJIA’s innovative approach to philanthropy in Israel. Social impact investment involves the use of repayable finance (debt or equity) to achieve a social as well as financial return. Si3 invests in entrepreneurs, organisations and initiatives across asset classes in Israel that aim to generate a sustainable, measurable and beneficial social impact alongside financial return. Si3 generates an evergreen pool of capital: every pound raised is not only invested in a project delivering social and educational benefits in Israel, but is reinvested by UJIA when the project yields a financial return. In this way, Si3 leverages every philanthropic pound to go further to enable UJIA to achieve its social mission in Israel.
Si3 is a platform for broader cross-generational engagement in Israeli philanthropy. UJIA works diligently to identify enterprises that improve the lives of those in Israel who need it most. Selected initiatives receive financial investment, professional assistance from UJIA staff and guidance from British business professionals. Investments are selected from among a large funnel of over 100 applicants a year. Applicants must submit to a multi-stage screening process conducted by an Israel-based team of professionals who are assisted by Si3 Advisors, a UK-based committee comprised of next gen business professionals who engage in the first round of screening and who remain in contact with recipient organizations. Final investment recommendations are made by a UK-based Si3 Investment Committee comprised of UJIA supporters, trustees and leading business professionals who leverage their acumen to help identify the most impactful Israeli enterprises with the strongest business models. With their collective business knowledge and broad experience in the social field, the Si3 team has developed a proven ability to drive quality deal flow, perform due diligence, structure social impact investments and manage Si3’s growing portfolio in order to create a meaningful impact on Israeli society.
“Heter Iska” – a waiver in respect of religious matters and interest on debt have been taken into consideration.
Si3 is today the UK’s leading Jewish community charity in impact investing in Israel. Guided by our impact investment policy, the Impact Investment Israel initiative is managed by UJIA professional staff, advised by Dalia Black, a leading impact investment advisor in Israel.
Proposals are reviewed by the Israel-based team who are assisted by Si3 Advisors, a UK-based committee comprised of business professionals. Final investment recommendations are made by a very engaged and committed UK-based Si3 Investment Committee comprised of UJIA Trustees and leading business professionals, working in close coordination with our staff for portfolio coherence.
Impact Investment Advisor
UJIA Head of Business Development
Partner, Baystone Associates Ltd; Investment Committee Co-Chair
Principal, Astley Capital; Investment Committee Co-Chair
Partner, Dechert LLP
Director of Strategy and Philanthropy, Viola Arts
Investment Director, Beringea
CEO, Bayport Management Ltd
Managing Director, Kennet Partners
Venture capital and Technology lawyer
UJIA Trustee; CEO, WW Computer Systems
Merav Galili, PhD
CEO, Menomadin Foundation
Chairman, RFO Private Office
Counsellor and community activist
The Advisors Committee
Chair of the Advisors Committee; Manager, Deloitte
Programmes Director, Impact Hub
Financial Planning and Analysis, BT
Head of Operations, Christopher Ward London Limited
Managing Director, Digital Infrastructure Investing, Macquarie Capital
Development and Innovation Manager, Dentons
Executive, Enra group
Investment Director, Bridgepoint
Business Partnering and Commercial Finance Manager, BT
Social Entrepreneur, NuMarket
Senior Associate, CMS UK
Executive Corporate Finance, EY Real Estate
Corporate Development, EBRD
Director, Invesco Real Estate
Innovation and Strategy, Ki Insurance
Managing Director, Coverex Brokers Limited
Head of Credit Research, Isio
Finance Director, Doddle
Associate Director, Firethorn Trust
Regulatory Lead, Visa
Venture Capital Investor, OpenOcean
Route to Market, ZX Ventures
Senior Manager, Biomarin Pharmaceutical
Investment team, Downing LLP
Investment Associate, Coller Capital
Associate, Goldman Sachs
Account Executive, Canaccord Genuity
Lior Lev Ari
Associate, Skadden, Arps, Slate, Meagher and Flom LLP
Public Affairs and Stakeholder Engagement, JLC
Growing Start-ups, Founders Factory
Audit Associate, KPMG
Investment Manager, Credo Group UK
Associate, LocalGlobe & Latitude
Associate, Partners Capital
Global Emerging Markets Analyst, Coronation Fund Managers
Head of Strategy, Voneus Broadband
Head of SME Banking, Starling Bank
Product Director, The Stars Group
Investment Banking Associate, Macquarie Group
Business Developer, Seedlegals