HEALTH IMPACT INVESTMENT PRODUCT
Conscious Markets Group’s inaugural program-related investment (PRI) is in its Health Equity & Innovation Impact Product (Health Impact Product, HIP). The HIP goal is to create public and private sector collaboration, in order to invest in the people and shared technology that reduce health outcome disparities and generate large socioeconomic cost-savings for the state of California. Read More In the Press. Contact us directly to receive the detailed memorandum.
The Company has engaged a working group of health industry leaders, community-based organizations, and municipal Offices, most notably DLG Health and the Office of Berkeley City Councilman Ben Bartlett to advise the company’s strategy. CMG is engaging municipal offices in California on legislative directives surrounding models that would be utilized in the Health Impact Investment product, to further its success. The investments within the product will use a two-pillared approach:
- Health Impact Investment – A 2-year term investment in preventative care, including Community Health Workers (CHWs), preventative value-based care services access, telemedicine, trauma/mental health care services, and a guaranteed basic income pilot. The projects will be managed by Oakland area-based Health Equity Ventures. Based on the success of similar projects in Nevada and Colorado, the company expects to generate an up to 3X annual return (savings) on the investment in CHWs alone.
- Health Equity & Innovation Platform – The company will also develop a modular digital web 3.0 platform for care stakeholders such as care providers, local NGOs and government organizations, to better engage, deliver and measure new forms of care with the goal of achieving fairer outcomes, enhancing public data sharing, cost-center efficiencies, and seamlessly collecting and implementing feedback. The digital platform will have dashboards designed for each stakeholder. For example, the patient dashboard will collect feedback, provide educational resources, and extend access to care. Studies in Illinois and Denver show regional healthcare networks reported 10X 1-year ROIs on investments in cloud technology and automation. The platform will leverage CMG’s Social Return on Investment (SROI) framework to measure impact outcomes that matter most to stakeholders.
COMMUNITY ADVISORS NETWORK
(CMG CAN)
The Company’s community development approach includes:
- Strong representative real asset and digital asset projects
- Innovation that brings people together
- Physical and digital community centers where voices are heard
- Government incentives to enhance social and financial return
The goal is to build up opportunities for businesses, leaders, and real asset owners, all the way down to the neighborhood level, where cultural norms are formed. This approach and mindset is the belief that it takes a village to lift a person up, and that this leads to increased civic engagement. By filling the gaps of civic engagement, we can develop communities from inside-out. We can change first how people feel about themselves, then what ideas and visions they have for their communities, and thirdly what resources are needed to be developed and implemented.
Community Advisors Network
Conscious Markets is building a network of Community Advisors, key leaders we identify from deals and neighborhoods we participate in. This Community Advisors Network (CMG CAN) will work autonomously to meet the intended purpose. These individuals will be the local leaders who help us uncover each neighborhood’s strengths and problems, working side by side with residents to connect them with their neighbors and develop a plan to advance their area. From this process, we identify hidden gems, projects with high potential that may be shovel-ready and suitable for government incentive programs, as well as local vendors and developers.
TECHNOLOGY ADVISORY PROGRAM
As advocates of technology for the reduction of disparities found across sectors of society, we assist both early stage and mature organizations with mapping out and executing technology adoption strategies.
Examples of companies we selectively work with:
- Community, regional, and national banks and credit unions
- Asset managers looking to improve their impact measurement and management and impact investment strategy, technology and/or processes
- Licensed lenders such as community development financial institutions (CDFIs)
- Mature companies with existing technology looking to further develop, commercialize, monetize and capitalize these assets and/or further social impact
- Companies suitable to expand their impact with technology, such as save costs or better serve customers by adopting technology
- Stakeholders of program related-investments
Technology Partnership Banking
Technology partnership banking is a way of significantly increasing a financial lender’s revenues and product offerings – bringing old systems into completely new technologies that provide opportunities for new products.
According to a Cornerstone study, as of 2021 14 million+ US citizens (6% of the adult population) use digital-only banking products as their sole source of banking. According to a Plaid Research study, ~90% of US citizens have at least one fintech mobile app.
Our partners and management team have a combined 30 years of technology training and advisory experience, as well as 30 years of investment banking and community advisory experience. The approach is why our internal IT operations are lean and scalable, and we are developing innovative connectivity to impact and financial data regarding portfolio concerns. Our services include:
- Act as an advisor and/or manager for technology investments for banks, credit unions, and fund managers across the country, including assessment and introduction of opportunities for integration or investment
- Provide long-term support and development for financial technology solutions for our clients and partners, enabling us to directly impact various markets such as small money dollar lending, and in some cases directly participate
- Help with long term integrations, customer acquisitions, and technical support
VENTURE ADVISOR NETWORK
Venture Advisor Network
Many companies face a tough time between prototyping and scaling – the so called “stagnation chasm”, where companies and projects tend to face inadequate funding, talent gap, and fragmented ecosystems. We will launch a web platform where small businesses in/outside of our portfolio can ask questions to venture professionals and connect for opportunities. Our seasoned experience includes helping companies with getting through by:
- Business development, networking, franchising and commercialization
- Professionalizing, developing front and back offices
- Corporate governance and board advisory
- Programs and grants advisory
- Digital transformation and marketing
- Investor relations and long-term capital planning