Saïd Business School, University of Oxford, and the Vladimir Potanin Foundation have announced the first five recipients of the Vladimir Potanin Foundation Fellowships to attend the Oxford Social Finance Programme
Saïd Business School, University of Oxford, and the Vladimir Potanin Foundation have announced the first five recipients of the Vladimir Potanin Foundation Fellowships to attend the Oxford Social Finance Programme, a new one-week course that focuses on ways of tackling large-scale social problems and how to finance them.
The five Fellowship recipients represent five separate cities across Russia, including the regions, and sectors including NGOs, a foundation investing in social enterprises, a university endowment, a social enterprise accelerator, and an academic researching and teaching in the area of social transformation. They were selected on the basis of their potential, achievements, and commitment to working towards addressing social challenges.
The Oxford Social Finance Programme complements Oxford Saïd’s successful Impact Investing Programme, and will be welcoming its first cohort of participants in November 2017. It aims to help participants develop innovative ways of addressing large social challenges, and to have to skills to access finance – whether through grants, venture philanthropy, or impact investing – to take these ideas to scale.
The Fellowships were established by the Vladimir Potanin Foundation in order to enable high-potential individuals, who otherwise would not have funding available, to participate in the Oxford programme. The scheme will fund five Fellowships each year for the next three years and covers tuition fees, costs of educational materials, travel to Oxford, and accommodation. Saïd Business School and the Vladimir Potanin Foundation will announce when applications are being accepted for 2018 and 2019.
40 applications for this year’s Fellowships were received from NGOs throughout the country. 42% of applying organisations work in the area of promoting education, 33% – in social sphere, 22% – in culture, and 5% – in other areas. 50% applications were from Moscow, 12% – from St Petersburg, and 38% – from the regions (Omsk, Penza, Vladivostok, Perm, Sochi, Samara, Ufa, Yekaterinburg, Kaliningrad, Kazan and Barnaul).
Oksana Oracheva, General Director, Vladimir Potanin Foundation: ‘We are pleased that the subject of social finance has raised a great interest among Russian professionals of the non-commercial sector. The five winners of the competition will become a part of an international team, and this allows them not only to gain new knowledge and study best global practices, but also to share experience with colleagues from other countries. Social finance is a relatively new subject for the Russian non-commercial sector and we hope that Russian participation in the programme would foster its development efforts and make Russian NGOs more sustainable.’
Steve Brewster, Associate Director, Executive Education, Saïd Business School, Oxford University: ‘We are delighted that the Vladimir Potanin Foundation has made it possible for us to award these Fellowships for the Oxford Social Finance Programme. The quality of candidates who applied for the Fellowships was very high, and the awarding panel had a difficult choice. But we are confident that the winners are those who will best use the information and ideas discussed in the programme to drive social development and change in Russia. In this early stage of developing social finance in Russia it is key to spread knowledge widely through working with institutions who can have impact now, and with individuals who can disseminate this knowledge further throughout Russia.’
For further information about the programme see : https://www.sbs.ox.ac.uk/programmes/execed/oxford-social-finance-programme.
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Russian nominee for the European Museum of the Year Award. In 2013 the Perm Museum won the Potanin Foundation grant within the Program A Changing Museum in a Changing World for its project Discover the Permian Period.
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The Vladimir Potanin Foundation and the Robert Bosch Stiftung are organizing a roundtable 'Culture as an Ambassador to Connect People' 29 April in Brussels, hosted by the European Foundation Centre. As part the joint program with the EFC, the photo exhibition Fostering Leadership curated by the Foundation will take place in May.
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A special survey was commissioned by the Vladimir Potanin Foundation to assess and evaluate the results and the impact of the Vladimir Potanin Fellowship Program, which is the longest and biggest project of the Foundation.
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Over the 10 years of its operation the Changing Museum in a Changing World Program grew into a major event in Russian cultural sphere. Out of 4177 applications submitted it has selected and supported about 190 innovative projects which were or are being successfully implemented.
Since 2006 the Vladimir Potanin Foundation together with the British Council have organized annual educational trips for the winners of the Changing Museum in a Changing World Contest.