Archive for September, 2018

Singapore-based IIX Growth Fund Makes First Bangladesh Investment

SINGAPORE, 28 September 2018 – IIX – a global organization dedicated to building a more inclusive world through innovative finance and support for high-impact enterprises – announced their first Bangladesh investment from the IIX Growth Fund, into off-grid solar energy firm SOLshare. IIX brought together a consortium of investors including innogy New Ventures LLC (the venture capital investment arm of the German utility firm innogy SE), and Portuguese utility firm EDP, to close a US$1.66 million Series A round. Funding will be used to increase access to clean energy for over 19,000 rural households and 14,000 micro-entrepreneurs, and address climate change by avoiding over 2,200 metric tons of carbon emissions by 2021.

Read more

DBS, partner target US$100m for women’s livelihood bond programme – The Business Times

Local lender DBS Bank has returned as official banking partner and sole placement agent for the second round of a debt security listing aimed at supporting women in Asia.

DBS and Singapore-based capital firm Impact Investment Exchange (IIX) will issue a series of bonds with a target of US$100 million under the newly launched Women’s Livelihood Bond scheme, they said in a media statement on Wednesday.

The scheme will fund and support South and South-east Asian enterprises tackling financial inclusion, clean energy access and sustainable agriculture, with the goal of benefiting one million vulnerable women.

Pricing details for the bonds, which will be released in several tranches, are not yet out. The plan is to list the issuances on a stock exchange and sell them to global investors. Read More.

Read more

IIX and KOICA Commit to Accelerate High-Impact Enterprises in Asia – Myanmar Business Today

SINGAPORE —  IIX and KOICA will jointly contribute $1.2 million USD over five years to support 18 enterprises across South and Southeast Asia, with a goal of impacting the lives of 8 million people.

IIX is a global organization dedicated to building a more inclusive world through innovative finance and support for high-impact enterprises. The Singapore based company has partnered with the Korea International Cooperation Agency (KOICA) to accelerate early-stage enterprises with innovative social and environmental solutions for Sustainable Development Goals (SDGs).

Durreen Shahnaz, founder and CEO of IIX, said: “The success of our accelerator model draws on our deep understanding of the pain points facing impact enterprises and investors, and our ability to bridge those gaps with end-to-end expertise across the impact ecosystem.” Read More.

Read more

IIX Study Demonstrates New Patient-Centered Model for Financing, Measuring and Driving Solutions to Women’s Health in the U.S.

SINGAPORE, 18 September 2018 – IIX – a global organization dedicated to building a more inclusive world through innovative finance – today announced the results of a study on gaps in women’s health services, financing, and outcome measurement in the United States. Focused on underserved women in California, Minnesota and New York, the study demonstrates a new patient-centered, inclusive model for financing, measuring and driving improved health outcomes, reducing long-term costs, and integrating patients’ voices into health care delivery.

 

The study was supported by the Medtronic Foundation, which is focused on expanding access to quality chronic disease care among underserved populations worldwide, as well as supporting health initiatives in communities where Medtronic employees live and give. IIX and Medtronic Foundation partnered to assess the potential for an innovative financial structure – the Women’s Health Bond – that unlocks new resources for underserved women and improves the rigor of health measurement, and to build a health outcomes assessment toolkit publicly available for any organization to use looking to improve its own performance.

Read more

Singapore-based IIX and Korean Government Agency KOICA Commit US$1.2M to Accelerate High-Impact Enterprises in Asia with Innovative Solutions for Social Good

SINGAPORE, 4 September 2018 – IIX–a global organization dedicated to building a more inclusive world through innovative finance and support for high-impact enterprises–has partnered with the Korea International Cooperation Agency (KOICA) to accelerate early-stage enterprises with innovative social and environmental solutions to the Sustainable Development Goals (SDGs). IIX and KOICA will jointly contribute US$1.2 million over five years to support 18 enterprises across South and Southeast Asia, with the aim to impact the lives of 8 million people.

Read more

Singapore’s IIX, South Korea’s KOICA to give innovative social and environmental solutions US$1.2m boost – The Business Times

SINGAPORE’S Impact Investment Exchange (IIX) has partnered the Korea International Cooperation Agency (KOICA) to support early-stage enterprises across South and South-east Asia that have innovative solutions to the United Nation’s 17 Sustainable Development Goals (SDGs).

IIX and the KOICA will jointly contribute US$1.2 million over five years to support these enterprises, with the aim of impacting the lives of eight million people. Read More.

Read more