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Investment
Your Cost
Financial Capital
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The minimum investment for training, certification, and a territory exclusive license is $25,000.00
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Investments are based upon the size of a territory. You will be made aware of your investment requirements before you apply.
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You may have to spend 4-days in Charleston, SC*
Time Capital
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Really learn about Impact Economics prior to applying
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Analyze the potential in your community, city, or country
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A 3-day immersive training and certification course
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Hard work
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Pro-bono work**
Intellectual Capital
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Passion
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Purpose
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Experience***
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Networks***
Becoming An Impact Economics Maestro Takes Financial, Time, and Intellectual Capital Commitments
"Although we totally relish the financial and lifestyle freedoms that accompany owning our own businesses, our greatest satisfaction comes from being the driving force that enables our community to achieve economic, social, and environmental sustainability".
~ Mike Martin, IPI Muncie
Financial Capital
In Place Impact provides certifications that cover unique geographic territories. The cost of securing a territory is calculated using a matrix of population, GDP, and the number of registered businesses in a specific location. Locations are generally community, city, state, or country based.
The minimum cost to secure the sole rights to a community, city, state, or country is $25,000.
Based upon the data used in the matrix, In Place Impact recommends how many certified consultants would be required to maximize the profit and impact that could be created by embedding Impact Economics in a specific community, city, state, or country. The fee paid covers the training and certification for as many consultants as are recommended. The minimum is 4, and the maximum could be over 100.
* If In Place Impact recommends that 7 or more people need to be certified, an In Place Impact Maestro will travel to you. If it recommends 6 or less need to be certified, everyone will need to travel to Charleston, SC and your investment will need to include your costs of doing that.
To learn the level of investment for a specific territory (your community, city, state, or country), please email Emily at emily@inplaceimpact.com
Time Capital
Before you set up a consultation, and certainly before you apply, you should invest an appropriate amount of time in learning about Impact Economics, and conducting an analysis of the appetite for such a framework in the community, city, our country you wish to invest in an exclusive license for.
You, and anyone else you wish to be trained and certified with (others will fall under your organizations license), will need to allocate 3-days for the immersive training and certification course, and a possible day or two for travel to Charleston, SC.
Building or expanding any businesses is hard work and takes time.
** Much of the work you will do with academic institutions, students, community residents, and even your hub of impact is pro-bono. This also takes time.
Intellectual Capital
*** Although not imperative, one or more of the following experiences and or networks will be an asset to you:
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An affiliation with a post-high school academic institution in your community
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An existing network of business and community leaders in your community
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Consulting experience, teaching experience, and or public speaking experience
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An Entrepreneurial mindset
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Working with start-ups
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Working within the genres of sustainable cities, CSR, and or the United Nations SDGs
If you are still unsure, please use the free, 3-minute anonymous self assessment tool.