3: Design
Explore options for bringing catalytic capital to the substantiated gap(s).
Timespan: 4-8 months, plus additional time for “learning by doing” if needed
Steps Prime takes
Lead around the following critical design specifications:
Mission-lock mechanisms to ensure impact-first orientation.
System for impact-linked compensation, including metrics for impact achievement.
Simplicity and/or ease of participation for philanthropic partners.
Clarifying questions
Which corporate form will best advance Prime’s mission?
What is the theory of change? How will the design of the intervention get us closer to Prime’s vision?
What is the philanthropic community’s level of readiness for this intervention?
Is further experimentation needed on a deal-by-deal basis before constructing a full-scale program?