Our goal is to reduce financial barriers to higher education
CHANCEN eG’s aim is to ensure that everybody has equal opportunities and access to educational institutions of their choice. Ensuring people are free to choose how they further their education and shape their careers.
In partnership with students, impact investors and tertiary institutions we remove the financial barriers to education.
As a cooperative, Chancen eG, believes in equal opportunity. Every human being should have the freedom during their education and when shaping their careers. Every human being should equal opportunities to access education, irrespective of their financial situation. Graduates should freely choose their career path without unnecessary financial pressure like interest rates and rigid debt repayment plans.
EQUAL OPPORTUNITY AND AUTONOMY
Vision and Mission
CHANCEN eG is a social enterprise, a community united in providing educational funding.
Our goal is to reduce the financial barriers to education. Ensuring that access to education is independent of an individual’s financial background.
Our purpose is not to maximise profit, but to rather form a community that promotes the social and economic interest of all our members. Combined with a solid constitution, which we are also legally bound to, there is no risk of mission drift.
COOPERATIVES ARE A REMINDER TO THE INTERNATIONAL COMMUNITY THAT IT IS POSSIBLE TO PURSUE BOTH ECONOMIC VIABILITY AND SOCIAL RESPONSIBILITY.
BAN KI-MOON, SECRETARY-GENERAL, UNITED NATIONS, 2010
ACCESS TO EDUCATION FOR ALL
The idea behind CHANCEN eG
Our fair financial model – Income Share Agreements – was developed in 1995 by StudierendenGesellschaft Witten/Herdecke e.V. Over 2,000 students have already benefited from this model and have been able to access education. As former board members of StudierendenGesellschaft, the two founders of CHANCEN eG, Florian Kollewijn and Olaf Lampson, truly believe in the value of this model.
Income Share Agreements from CHANCEN eG give students and apprentices across Germany access to fair financing for their education.
The GLS Treuhand is a founding member, they add immense value to our organisation through Joachim Rang’s role as supervisory board member. Through an extended network in the Impact Investing World and sound knowledge in ethical and sustainable investment, we can assure all our members, investors and partners that we fulfil our mission in a socially responsible manner.
The GLS Treuhand has developed a culture of donation over the last 55 years. They advise and manage foundations and donors, offering them many years of experience in ethical and sustainable investment. Besides individual endowment funds, trusts and independent foundations, the GLS Treuhand also mentors new foundations that focus on education, cooperation development, health and culture.
The StudierendenGesellschaft (SG), a student association, developed the Income Share Agreements in 1995 (known as Umgekehrte Generationenvertrag in German). For over 20 years its main objective has been to ensure that studying at Witten/Herdecke University should not be dependent on an individual’s financial background. The SG recently issued public bonds to refinance the organisation, thus proving that such a business model is viable for the capital market.
Founded in 1974 the GLS Bank was the first bank to operate based on socio-ecological principles. Their innovative work received recognition by winning the German Sustainability Award in 2013, as the most sustainable bank of the year in Europe. Since 2010, they have also been elected annually as Bank of the Year. They create a network for Impact Investors in Germany with the annual Mission Investing Forum.
The Hamburg based auditing firm, WLP Wirtschaftsprüfergesellschaft Steuerberatergesellschaft mbH, offers services for social enterprises and conventional businesses. They link creative and pragmatic solutions to socially innovative business ideas.
Following the organisation of an international Winter School for Social Entrepreneurship, Florian Kollewijn joined StudierendenGesellschaft Witten/Herdecke from 2011 to 2013. Subsequently, he became CFO of a pan-European campaign and worked for two years as a management consultant. He studied Philosophy, Politics and Economics and Business Economics at Witten/Herdecke University.
"Equal opportunity and freedom are values that I strive for in a political and social context. Through CHANCEN eG I aim to realise these values."
EQUAL OPPORTUNITIES AND FREEDOM ARE CRUCIAL IN REALISING POTENTIAL AND FULLY DEVELOPING INDIVIDUALS.
– CHANCEN eG, Founders
Founder & Director, CHANCEN eG
As Senior Finance Executive of the StudierendenGesellschaft Witten/Herdecke between 2013 and 2015, Olaf Lampson issued a bond of EUR 7.5 million, supervised the digitization of administrative operations and assisted in database development. He studied Business Economics at the Witten/Herdecke University.
“With a combination of professional financing, streamlined and digitalised corporate governance as well as a social entrepreneurial spirit, problems can be solved efficiently.”
Managing Director CHANCEN International gGmbH
Dr. Annette Littmann
Head of Investor Relations
Annette Littmann studied Economcis and Business Adminstration at Freie University Berlin and at the University of Cologne with a focus on capital markets. Later on she worked for listed companies and gathered experience in the fields of politics as well as of media.
Head of Student and Alumni Services
Nathalie studied Management at the University of Mannheim and the ESSEC Business School. After working as a Junior consultant in a Paris-based recruitment company she joined CHANCEN eG where she supports applicants, students, alumni and our education partners.
Student and Alumni Services
Student and Alumni Services
Originally Stefan was a travel agent by profession and has been working in the international travel industry for several years until he decided to go back to university. He is currently studying Organisational Psychology and here at CHANCEN eG he is supporting students in their application for an ISA, specifically when it comes to contract signing.
Head of Financial Analysis
Till Funke coordinates the development of internal software projects and conducts research to refine the financial model of income share agreements (ISA). During a three month period in 2014, he conducted interviews in Rwanda with students, alumni and civil servants in order to investigate if ISAs could be implemented in the Rwandan context. He studies Philosophy, Politics and Economics at University Witten/Herdecke.
Business Intelligence Analyst
Soundar Sellamuthu holds a Masters in Business Administration and Engineering from HTW Berlin. He is in charge of internal controlling and coordinates the further development of the business plan of CHANCEN eG.
Head of IT
Martin Hahn coordinates the development of internal software projects and acts as a contact person for universities for the customer portal. He studied Business Economics at the University of Witten/Herdecke and was managing partner of a developer studio before.
Chairman of the Supervisory Board
Caspar-Fridolin Lorenz is Chairman of the Supervisory Board for the StudierendenGesellschaft as well a Business Organisation Consultant. He has many years of experience in the fair financing business model related to the Reverse Generational Contract.
Deputy Chairman of the Supervisory Board
Katharina Beck is a senior manager at Accenture Strategy and consults firms, foundations and public organsations in sustainability management. Previously she was the Director of the Institute for Social Banking and the President of oikos International.
Supervisory Board Member
Niklas Becker works at an international bank responsible for a fonds of alternative investments. He has many years of financial and capital markets experience, at home and abroad. Together with Olaf Lampson, he developed and applied for the issueing of the bond for the SG in 2014.
Dr. Sandra Reich
Supervisory Board Member
Dr. Sandra Reich is an independent consultant and has many years of experience in finance and capital markets (Director at NKI Institute for sustainable investments, at NORD/LB in Singapore, Member of Executive Board at the Stock Exchanges Hamburg and Hannover). She has a doctor in law and started her professional training in a bank. Currently, her further mandates are the membership in the Supervisory Board of Aurubis AG as well as in the investment committee of GLS Treuhand e.V.
Supervisory Board Member
David Reichwein is a lawyer at von Bredow Valentin Herz, a law office which is specialized on renewable energies. After his law studies at Buccerius Law School in Hamburg and his traineeship at the Federal Ministry for Environment and the Foreign Office, he gained experience in energy and climate law as well as in sustainable development.