In The Media

Impact Quarterly

The Impact Quarterly gathers insights from our teams, partners and thought leaders in the impact enterprise and impact investing space.

Published since 2012,the Impact Quarterly reaches out to over 25,000 readers.

Social Enterprises Meet in Thailand to Address Challenges

Asian Development Bank Press Release

BANGKOK, THAILAND (3 March 2011) – Social entrepreneurs are generating business ideas to address social and environmental challenges in Thailand and around Asia. But they require greater financial support from impact investors to expand their ventures.

More than 100 social entrepreneurs and their supporters are gathering in Bangkok today and tomorrow to discuss the huge potential of social enterprises in improving lives through the power of the free market. They are convening as part of the combined Global Social Venture Competition, Social Entrepreneurship Symposium, and Impact Forum for Social Change.

Social entrepreneurs are persons who develop fresh business solutions to major social challenges. They tend to be ambitious and committed to developing and implementing ideas for wide-scale societal change. Social entrepreneurs work to solve problems by developing sustainable and market-based solutions to address perceived gaps in what government and charity organizations are doing.

“The Competition and Symposium provide the opportunity to engage social entrepreneurs who are changing the world with their energy and creativity,” said Edward Rubesch, Director of the IMBA Program at the Thammasat Business School. “These events showcase how social entrepreneurs are developing innovative solutions to today’s most pressing problems.”

One sponsor of the two-day program is Impact Investment Exchange Asia (IIX Asia), which is building the first social stock exchange in Asia. “A regional stock exchange serving social enterprises from Thailand and other developing Asian countries will link social enterprises in need of funding with impact investors who understand their business models and value their social mission,” said Durreen Shahnaz, the organization’s founder and chairperson.

Support for the combined program has also been provided by the Asian Development Bank (ADB). “Through its operations, ADB supports a vibrant private sector,” said Bart W. Édes, Director of ADB’s Poverty, Gender, and Social Development Division. “Social enterprises promote inclusive growth through their clever utilization of socially oriented business models. They are building from the grassroots up, and making their positive impact felt in communities across Thailand and beyond.”

Young social entrepreneurs, government representatives, and potential investors are gathering to explore how to boost the capacity of social enterprises in Southeast Asia. The overlapping events – which are open to the public – will highlight promising new initiatives, offer participants with a deeper understanding of impact investment, and explore the market readiness of social enterprises in Thailand.

ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, it is owned by 67 members – 48 from the region.

Media Coverage of IIX’s Bangladesh Impact Forum

IIX Asia has just concluded its inaugural Impact Forum For Social Change in Dhaka, Bangladesh.  For more information, see the Forum link on our website.

“Social enterprises need financing from ‘impact investors’ that include a heterogeneous group like foundations, family offices, banks, pension funds and social investment to scale up their efforts, a discussion in Dhaka was told yesterday.
Impact investors are a group that eyes a social goal beyond merely returns in terms of profit…IIX Asia, a Singapore-based social enterprise, seeks to establish the region’s first social stock exchange to provide sustainable social enterprises from developing countries with the opportunity to raise capital through the stock market.”

– “Seminar Stresses Social Stock Exchange,” The Daily Star 1/11/11 (full article)

The recently concluded Impact Forum for social exchange co organized in Dhaka, Bangladesh by the Asian Development Bank (ADB) and Impact Investment Exchange Asia (IIX Asia) saw conclusions of social enterprises making a significant contribution towards inclusive economic growth and providing opportunities to the poor of the Asia and Pacific region…

The one-day forum saw 60 participants gather together from the government, development agencies, social enterprises, and impact investors, as well as experts in capital market development and resource mobilization. It was aimed at providing participants with a deep insight of impact investment, impact measurement, and the market readiness of social enterprises in Bangladesh and other areas of the Asia and Pacific region.

– “Impact Forum for Social Exchange Organized in Dhaka,” Microfinance Focus 1/13/11 (full article)

IIX to Host Impact Forum for Social Change in Bangladesh

Pan Pacific Sonargaon
Dhaka, Bangladesh

Impact Investment Exchange Asia (IIX), in cooperation with the Asian Development Bank (ADB), is hosting the Impact Forum for Social Change on January 10th, 2011, in Dhaka, Bangladesh. The forum will inform social enterprises about the various alternatives to raising investment capital, as well as developing their understanding of the requirements that social enterprises must meet to raise investment capital through a social stock exchange or otherwise. Participants will be introduced to the impact investing movement, impact measurement tools, and reporting standards. The Impact Forum will be feature prominent speakers from the Social Innovation space, including Dr. Alex Nicholls (Oxford University) and Margot Brandenburg (Rockefeller Foundation). Notable names from the field of social venture finance and private equity will also be present. The forum will aim to bring together participants from the government, development agencies, SEs in Bangladesh, impact investors and ecosystem players.

For more information about covering this event, please contact Mr. Alvin Loke.

IIX & Shujog Host December Impact Chat Today!

About our Panelists:

Dr. Patricia Tan Shu Ming:  Director of the Como Foundation, the corporate philanthropy arm of the Como Group. The foundation focuses on NGOs and social enterprises that address issues of income generation, education and skills development for at-risk women and girls in developing countries. Ming’s career has focused on two areas: cooperation between the public and private sectors for social good, and the role of ideas and values in shaping corporate identity.  In the area of public/private cooperation, Ming’s academic interests have focused on institutions charged with shaping public understanding of abstract issues such as science, technology, and ethics.  Ming obtained her bachelors and masters degrees from Stanford University and her doctorate from Oxford University. She was Singapore’s Rhodes Scholar for 1997.

Ms. Jenny Santi:  Head of Philanthropy Services, Southeast Asia at UBS AG. At UBS, Jenny is involved in the development of the overall strategy for some of Asia’s newest foundations; and has played a key role in delivering the UBS Philanthropy Forum twice in Singapore, a landmark event which convenes over 250 global philanthropists and leaders of civil society.  Formerly a tv presenter and university lecturer, she is a frequent media commentator on the topic of philanthropy in Asia. Jenny did her MBA at INSEAD and at Wharton, with a special focus on marketing and social entrepreneurship.

Dr. Ting Hway Wong:   General Surgeon, Singapore General Hospital.  She previously worked on the ground in Angola as a volunteer through Doctors Without Borders and is the first Singaporean to work as a medical delegate for the International Committee of the Red Cross.  Dr. Wong is a 2007 Lee Kwan Yew Scholar, a 2009 Asia Society ‘Asia 21 Fellow’ and after obtaining her medical degree from Cambridge, she also received her Masters in Public Health from John Hopkins University.

IIX’s YouTube Debut: October Impact Chat – “Pakistan: Growth After Recovery”

Impact Investment Exchange (IIX) presents the Impact Chat series: a monthly discussion series that invites leading experts and innovators to discuss the newest developments from the social enterprise and impact investing field.

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IIX and Shujog Host Third Impact Chat

Impact Investment Exchange (IIX) and Impact Investment Shujog (Shujog) opened its office doors Thursday evening, November 11th, to host its third monthly Impact Chat.

This month’s topic, “Investing for Impact” focused on the growth and challenges in the impact investing sector of Asia from the investor’s perspective.  Impact Chat invited Mr. Oscar Moreno, founder and chairman of Qi Global and Mr. Christian Luetkehaus, managing director and partner of Portelet to speak about how their social philosophies influence their investment philosophies.

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This Week’s TED Fellows Talk | Durreen Shahnaz

Earlier this year, IIX Founder Durreen Shahnaz was selected to be a 2010 Ted Fellow, joining a group of “outstanding individuals who have shown unusual accomplishment, exceptional courage and moral imagination.” At TED, the Fellows share their work on the conference stage; these talks are recorded and shared online, free to the world.

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IIX at NUS’s Social Entrepreneurship Symposium next Thursday

For more information about this event, please visit the symposium website.

Durreen Shahnaz speaks about “Defiant Optimism” at Wharton Business School

On Tuesday, November 5, IIX Founder and Chairperson Durreen Shahnaz took a break from a busy conference schedule in New York to speak at her alma mater, the Wharton School of Business at the University of Pennsylvania. She presented the story behind IIX, and how the right combination of defiance and optimism can revolutionize how capital markets can be used for social good.

Read a recap at The Daily Pennsylvanian, Penn’s undergraduate independent student newspaper: “For alum, optimists can make a profit.”

IIX Featured in Belgian Newspaper, “De Tijd”

Durreen Shahnaz, IIX Founder and Chairman, was interviewed by writer Lisa de Bode for “De Tijd,” (The Times), a business and economics daily newspaper in Belgium.

Read the English translation of the Dutch article below – another great example of how IIX is garnering attention across the world through its unique business model.


“The world’s first exchange for social enterprises will open in Singapore”
(translated by Magnus Young)

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