EVEN small-scale businesses can make a big different in society as shown in the recent success of six winning enterprises across Asia, including the Philippines, feted in the inaugural IIX-N-Peace Innovation Challenge 2015. Read More
Winning Impact Enterprises of IIX-N-Peace Innovation Challenge celebrated for building peace across Asia
22 October 2015 –The inaugural IIX-N-Peace Innovation Challenge has concluded with six winning Impact Enterprises across Asia, celebrated for building peace through innovative businesses in Afghanistan, Indonesia, Myanmar, Nepal, Pakistan and the Philippines.
The six winning enterprises demonstrate a wide range of positive social impact, from generating sustainable livelihoods and fair-trade agriculture, to leveraging mobile technology that delivers access to basic healthcare and renewable energy, amongst other ripple benefits to the communities. By achieving these positive social returns, they have shown that business, innovation and technology are critical aspects in building peace and sustainable development.
Innovative solutions to social challenges can come from anywhere, and no longer from just traditional actors, such as governments, nongovernmental organizations or development agencies. Read More
The IIX-N-Peace Innovation Challenge calls for enterprises to build peace through business and social impact
FOUR winning Philippine-based social enterprises (SEs) would be needing a total capital infusion of P37.8 million to pursue their growth plan in the coming years. Read More
The Impact Accelerator™ program in the Philippines, operated by Impact Investment Exchange Asia (IIX), concludes this week with an Impact Showcase of four winning Social Enterprises (SEs). Read More
Manila, 25 August 2015 – The Impact Accelerator™ program in the Philippines, operated by Impact Investment Exchange Asia (IIX), concludes this week with an Impact Showcase of four winning Social Enterprises (SEs).
Attended by regional and international executives, Impact Showcase provided four innovative SEs the opportunity to pitch their businesses to potential investors and ecosystem partners.
K.K.R. teamed up with Impact Investment Exchange Asia, which specializes in so-called impact investment, where social returns are accounted for in addition to financial benefits. K.K.R. provided technical assistance with financial planning and steered Glovax’s chief executive, Giovanni Alingog, toward getting a loan rather than raising equity and diluting the ownership.
KKR’s maiden Philippine venture was done in partnership with Impact Investment Exchange Asia (IIX) and non-profit sister-firm Shujog, with all three providing technical assistance so Glovax could tap long-term funding for its operations. Read More