IIX Director and Head of Investor Team En Lee is in Prestige Magazine’s “40 under 40” and talks about impact investing. Click here to read the article.
Dr. Judith Rodin’s visit to Singapore and leadership of the Impact Investment Exchange Asia (IIX) panel on impact investing has been highlighted by The Rockefeller Foundation. Click here to read the press release.
BBC News also covered the event, interviewing Dr. Rodin about how investors “can help meet the world’s needs” and the role IIX can play. More information about the interview can be found here.
The video of the panel discussion will be hosted online soon. For immediate enquiries, please email email@example.com.
September 26, 2012
Impact Investment Exchange Asia (IIX) announced today that it successfully facilitated the seed capital round of funding for BagoSphere Pte. Ltd, a pioneering vocational training social enterprise that provides affordable and effective training programs catered to rural, low-income youths in the Philippines. The transaction closed through IIX’s Impact Incubator and Impact Partners platforms with four strategic investors. Law firm Clifford Chance provided pro bono legal support to BagoSphere for the transaction. The investment comes in the form of a convertible note and will fund start up costs and the establishment and operation of a training center in Bago City, Philippines.
IIX’s sister company, Shujog has a new report up! As part of its Asian Development Bank (ADB) Regional Technical Assistance (RETA), Shujog is proud to share the newest report on the State of Social Enterprises in India. Shujog served as a research consultant for the ADB to undertake the work for the report. Access the full report here
Delegates of the Impact Forum talk about their experience at the Forum and how they think the space is moving in Asia.
SINGAPORE : A growing variety of funding options are now available to social enterprises.
In Singapore, these businesses with social missions are now getting easier access to bank loans with preferential rates and other funding options.
Since starting four years ago, Singapore-based Adrenalin Events and Education has been committed to employing the disadvantaged.
About 30 per cent of the the firm’s staff either have physical challenges or are youths from disadvantaged social backgrounds.
The social enterprise has been on the lookout for funding options to balance its social mission and grow its business.
June 26, 2012 – Channel News Asia Singapore: Investing with a social cause has caught on in Asia. Read more here.
June 25, 2012 – Business Times interview at Impact Forum 2012. Read the full article here.