SINGAPORE – Jan. 18, 2010 – The Rockefeller Foundation has awarded a US$495,000 project support grant to Singapore-based Impact Investment Exchange (Asia) Pte. Ltd. (IIX), which is creating Asia’s first social stock exchange. The grant will support research and proof-of-concept analysis that IIX will undertake prior to launch of its exchange.
The Foundation made the grant as part of its Impact Investing work to help facilitate the development of necessary infrastructure for the social capital markets and to promote the availability of capital for Social Enterprises.