Press Release
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.
Increases Vaccine Distribution and Employment
MANILA & SINGAPORE – July 21, 2015 – Impact Investment Exchange Asia (“IIX”), a leader in social development through impact investment, Shujog, IIX’s not-for-profit sister organization, and KKR, a leading global investment firm, successfully completed their second social enterprise technical assistance project with Glovax Biotech. Glovax is a fully integrated vaccine company in the Philippines that imports, distributes, and retails vaccines at affordable rates to low-to-middle-income Filipinos.
Singapore, 13 July 2015 – Impact Investment Exchange Asia (IIX) has kicked-off a first-of-its-kind Women’s Livelihood Bond due to be launched in early 2016, as part of its commitment to the Clinton Global Initiative.
The Women’s Livelihood Bond is the first among IIX’s Sustainability Bonds – a series of replicable innovative financial instruments that mobilize private capital for development. Designed to transform the lives of over half a million women in Asia, IIX’s Women’s Livelihood Bond is set to raise $20 million in capital for a pool of underlying issuers, consisting of Social Enterprises and Micro-Finance Institutions, that focus on empowering women.
With deep sadness we bid farewell to Singapore’s Founding Father and first Prime Minister Mr. Lee Kuan Yew. As we lament the loss of a great leader, we simultaneously celebrate his legacy in bringing prosperity to Singapore. Mr. Lee’s passion lives on through the great institutions he built in Singapore and the ripple effects of the country’s success across the region. His impact on the lives of Singaporeans and the rest of the world will continue for generations to come.
IIX (Impact Investment Exchange Asia) is pleased to announce that 4 Social Enterprises (SEs) have been selected for its Philippines-based Impact Accelerator™. Impact Accelerator is an intensive acceleration program that targets early-stage SEs with high potential for growth and scalability.
Impact Investment Exchange Asia (IIX) and Shujog Assistance for Capacity-building and Technical Services (ACTS), announced today that Arjuni International Ltd. (“Arjuni”), a social enterprise based in Phnom Penh, Cambodia, for which IIX provided business advisory services through Shujog ACTS, has successfully raised investment capital.
Arjuni secured investment from ICCO Investment, an initiative of ICCO Cooperative, which will allow it to expand its business to meet consumer demand and further deepen the impact it has on its beneficiaries across Cambodia.
Impact Investment Exchange Asia (“IIX”) is pleased to announce the launch of its first Impact Accelerator™ – an intensive “in-country” acceleration program designed to accelerate early-stage Social Enterprises (“SEs”) that have high potential to create positive social and environmental impact at scale.
Impact Accelerator™ will be launched in the Philippines, where SE activity is rapidly growing and socially-minded entrepreneurs are working to address challenges across various sectors including agriculture, energy, water, health and education.
3 October 2014 – Impact Investment Exchange Asia (IIX) and Impact Investment Shujog (Shujog) are pleased to congratulate our Founder and Chairperson, Professor Durreen Shahnaz, on receiving the 2014 Joseph Wharton Award for Social Impact. The award is presented annually to the alumnus who has made a significant impact in public services, social enterprise or philanthropy. The Joseph Wharton Award is one of the highest honor that Wharton Business School confers on its alumni.
25 September 2014 – Impact Investment Exchange Asia (IIX), a leader in social sector development through impact investing, recently announced its Clinton Global Initiative (CGI) Commitment to Action on Women’s Impact Bond (WIB) at the 2014 CGI Annual Meeting.
The WIB will pool US$10 million into an investment vehicle that will support social enterprises and microfinance institutions working towards clean cook-stove initiatives. The WIB will be a publicly listed bond product on the Impact Exchange, the world’s first social stock exchange, allowing retail investors to participate in addition to traditional impact investors.