Investing with Purpose Practice & Experience
description
Transcript of Investing with Purpose Practice & Experience
![Page 1: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/1.jpg)
Investing with PurposePractice & Experience
Richard Biggs, D3JubileeApril 16th, 2013
![Page 2: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/2.jpg)
What is a Social Enterprise?
![Page 3: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/3.jpg)
What is a Social Enterprise?
![Page 4: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/4.jpg)
What is a Social Enterprise?
![Page 5: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/5.jpg)
What is a Social Enterprise?
![Page 6: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/6.jpg)
What is a Social Enterprise? Many definitions
For Profit / Non-profit
![Page 7: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/7.jpg)
What is a Social Enterprise? Many definitions
For Profit / Non-profit Local / Global
![Page 8: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/8.jpg)
What is a Social Enterprise? Many definitions
For Profit / Non-profit Local / Global Impact Intrinsic/Extrinsic
![Page 9: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/9.jpg)
What is a Social Enterprise? Many definitions
For Profit / Non-profit Local / Global Impact Intrinsic/Extrinsic
In Common:
![Page 10: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/10.jpg)
What is a Social Enterprise? Many definitions
For Profit / Non-profit Local / Global Impact Intrinsic/Extrinsic
In Common: Seek improvement for the Most Vulnerable
![Page 11: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/11.jpg)
What is a Social Enterprise? Many definitions
For Profit / Non-profit Local / Global Impact Intrinsic/Extrinsic
In Common: Seek improvement for the Most Vulnerable Innovative
![Page 12: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/12.jpg)
What is a Social Enterprise? Many definitions
For Profit / Non-profit Local / Global Impact Intrinsic/Extrinsic
In Common: Seek improvement for the Most Vulnerable Innovative Market-based Solutions
![Page 13: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/13.jpg)
Why is Vulnerability important?
![Page 14: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/14.jpg)
Why is Vulnerability important? Exposure to external shocks
![Page 15: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/15.jpg)
Why is Vulnerability important? Exposure to external shocks
Financial crisis/misfortune Education fees Critical illness Death
![Page 16: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/16.jpg)
Why is Vulnerability important? Exposure to external shocks
Financial crisis/misfortune Education fees Critical illness Death
Environmental crisis Natural Disaster Famine etc
![Page 17: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/17.jpg)
Why is Vulnerability important? Exposure to external shocks
Financial crisis/misfortune Education fees Critical illness Death
Environmental crisis Natural Disaster Famine etc
The BibleIsaiah 58:6-7
Is not this the kind of fasting I have chosen: to loose the chains of injustice and untie the cords of the yoke, to set the oppressed free and break every yoke?
Is it not to share your food with the hungry and to provide the poor wanderer with shelter - when you see the naked, to clothe them, and not to turn away from your own flesh and blood?
![Page 18: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/18.jpg)
Why is Innovation important?
![Page 19: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/19.jpg)
Why is Innovation important? Philanthropy vs Corporations
Corporations Philanthropy
![Page 20: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/20.jpg)
Why is Innovation important? Philanthropy vs Corporations
Corporations PhilanthropyObjective Profit maximisation Impact
maximisation
![Page 21: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/21.jpg)
Why is Innovation important? Philanthropy vs Corporations
Corporations PhilanthropyObjective Profit maximisation Impact
maximisationConsumers Want Need
![Page 22: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/22.jpg)
Why is Innovation important? Philanthropy vs Corporations
Corporations PhilanthropyObjective Profit maximisation Impact
maximisationConsumers Want NeedAbility to pay Yes No
![Page 23: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/23.jpg)
Why is Innovation important? Philanthropy vs Corporations
Corporations PhilanthropyObjective Profit maximisation Impact
maximisationConsumers Want NeedAbility to pay Yes NoBusiness Model For-profit Non-profit
![Page 24: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/24.jpg)
Why is Innovation important? Philanthropy vs Corporations
Corporations PhilanthropyObjective Profit maximisation Impact
maximisationConsumers Want NeedAbility to pay Yes NoBusiness Model For-profit Non-profitFunding Capital Markets Foundations, Govt
![Page 25: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/25.jpg)
Why is Innovation important? Philanthropy vs Corporations
Corporations PhilanthropyObjective Profit maximisation Impact
maximisationConsumers Want NeedAbility to pay Yes NoBusiness Model For-profit Non-profitFunding Capital Markets Foundations, GovtGrowth Strategy Demonstrate
revenue & profit generation
Demonstrate need
![Page 26: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/26.jpg)
Why is Innovation important? Philanthropy vs Corporations
Social Entrepreneurs need to find Market-based solutions to situations where Customers may be Unable to Pay, and secure funding from Non-Traditional sources
Corporations PhilanthropyObjective Profit maximisation Impact
maximisationConsumers Want NeedAbility to pay Yes NoBusiness Model For-profit Non-profitFunding Capital Markets Foundations, GovtGrowth Strategy Demonstrate
revenue & profit generation
Demonstrate need
![Page 27: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/27.jpg)
What is a Social Enterprise? A For-profit company that creates social
impact which is intrinsic to the business model
Miracle Company
Profit-focused SE
Soci
al Im
pact
Profit
Impact-focused SE
![Page 28: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/28.jpg)
Financing Social Enterprises
![Page 29: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/29.jpg)
Financing Social Enterprises For companies to grow, they need Capital
IMPACT INVESTING
![Page 30: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/30.jpg)
Financing Social Enterprises For companies to grow, they need Capital
IMPACT INVESTINGImpact Investing is the process of actively placing capital in businesses and funds that generate social and/or environmental good and at least return nominal principal to the investor.
(Monitor Institute)
![Page 31: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/31.jpg)
Financing Social Enterprises For companies to grow, they need Capital
IMPACT INVESTINGImpact Investing is the process of actively placing capital in businesses and funds that generate social and/or environmental good and at least return nominal principal to the investor.
(Monitor Institute)
Impact
Principles of InvestmentWarren Buffett’s rule#1: Don’t lose money.#2: Don’t forget rule #1.
![Page 32: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/32.jpg)
Financing Social Enterprises For companies to grow, they need Capital
CAPITAL FLOWS
![Page 33: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/33.jpg)
Financing Social Enterprises For companies to grow, they need Capital
CAPITAL FLOWS
Investors
![Page 34: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/34.jpg)
Financing Social Enterprises For companies to grow, they need Capital
CAPITAL FLOWS
Investors
Entrepreneurs
![Page 35: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/35.jpg)
Financing Social Enterprises For companies to grow, they need Capital
CAPITAL FLOWS
Investors
Entrepreneurs
CAPITAL
![Page 36: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/36.jpg)
Financing Social Enterprises Many Barriers to Capital Flow
Investors
Entrepreneurs
CAPITAL
![Page 37: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/37.jpg)
Financing Social Enterprises Many Barriers to Capital Flow
Investors
Entrepreneurs
CAPITAL
Scale
![Page 38: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/38.jpg)
Financing Social Enterprises Many Barriers to Capital Flow
Investors
Entrepreneurs
CAPITAL
Scale Sophistication
![Page 39: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/39.jpg)
Financing Social Enterprises Many Barriers to Capital Flow
Investors
Entrepreneurs
CAPITAL
Scale Sophistication
Commitment to Profit
![Page 40: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/40.jpg)
Financing Social Enterprises Many Barriers to Capital Flow
Investors
Entrepreneurs
CAPITAL
Scale Sophistication
Commitment to Profit
Financial Viability
![Page 41: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/41.jpg)
Financing Social Enterprises Many Barriers to Capital Flow
Investors
Entrepreneurs
CAPITAL
Scale Sophistication
Commitment to Profit
Financial Viability
Governance
![Page 42: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/42.jpg)
Financing Social Enterprises Many Barriers to Capital Flow
Investors
Entrepreneurs
CAPITAL
Scale Sophistication
Commitment to Profit
Financial Viability
Governance
Commitment to Impact
etc
![Page 43: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/43.jpg)
Financing Social Enterprises Need to Remove Barriers
Investors
Entrepreneurs
CAPITAL
Scale Sophistication
Commitment to Profit
Financial Viability
Governance
Commitment to Impact
etc
![Page 44: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/44.jpg)
Financing Social Enterprises For Impact Investing to become a sustainable
channel for funding social enterprises…
![Page 45: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/45.jpg)
Financing Social Enterprises For Impact Investing to become a sustainable
channel for funding social enterprises…
Barriers to Capital Flows must be removed
![Page 46: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/46.jpg)
Financing Social Enterprises For Impact Investing to become a sustainable
channel for funding social enterprises…
Barriers to Capital Flows must be removed
HOW?
![Page 47: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/47.jpg)
Financing Social Enterprises1. Investing is about TRUST
![Page 48: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/48.jpg)
Financing Social Enterprises1. Investing is about TRUST2. Trust involves RISK
![Page 49: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/49.jpg)
Financing Social Enterprises1. Investing is about TRUST2. Trust involves RISK3. Risk is about UNCERTAINTY
![Page 50: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/50.jpg)
Financing Social Enterprises1. Investing is about TRUST2. Trust involves RISK3. Risk is about UNCERTAINTY4. Uncertainty can be overcome with
INFORMATION
![Page 51: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/51.jpg)
Financing Social Enterprises1. Investing is about TRUST2. Trust involves RISK3. Risk is about UNCERTAINTY4. Uncertainty can be overcome with
INFORMATION
Investment Barriers can be removed through
PROVISION OF INFORMATION
![Page 52: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/52.jpg)
Mainstream Financial Markets
![Page 53: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/53.jpg)
Mainstream Financial Markets Same problems:
Trust, Risk, Uncertainty, Information
![Page 54: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/54.jpg)
Mainstream Financial Markets Same problems:
Trust, Risk, Uncertainty, Information
Evolved a comprehensive Ecosystem to provide information and mitigate uncertainty
![Page 55: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/55.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
1. Differentiated Funding Sources
![Page 56: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/56.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
1. Differentiated Funding SourcesRi
sk (
Unc
erta
inty
)
Size
Startup
![Page 57: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/57.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
1. Differentiated Funding SourcesRi
sk (
Unc
erta
inty
)
Size
Startup
Venture
![Page 58: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/58.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
1. Differentiated Funding SourcesRi
sk (
Unc
erta
inty
)
Size
Startup
Venture
Established
![Page 59: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/59.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
1. Differentiated Funding SourcesRi
sk (
Unc
erta
inty
)
Size
Startup
Venture
Established
Public
![Page 60: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/60.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
1. Differentiated Funding SourcesRi
sk (
Unc
erta
inty
)
Size
Startup
Venture
Established
Public
Angel Investors
![Page 61: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/61.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
1. Differentiated Funding SourcesRi
sk (
Unc
erta
inty
)
Size
Startup
Venture
Established
Public
Angel Investors
VC Funds
![Page 62: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/62.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
1. Differentiated Funding SourcesRi
sk (
Unc
erta
inty
)
Size
Startup
Venture
Established
Public
Angel Investors
VC Funds
Private Equity
![Page 63: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/63.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
1. Differentiated Funding SourcesRi
sk (
Unc
erta
inty
)
Size
Startup
Venture
Established
Public
Angel Investors
VC Funds
Private Equity
Mutual Funds, Institutional
![Page 64: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/64.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
2. Accounting / Auditing
![Page 65: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/65.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
2. Accounting / Auditing Audit of company accounts & financial statements Generally Accepted Accounting Principles (GAAP) CPA certification Big 4 accounting firms
![Page 66: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/66.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
3. Ratings Agencies
![Page 67: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/67.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
3. Ratings Agencies Research all aspects of an organisation’s finances Assign a rating to the ability to repay debt Moody’s, S&P, Fitch etc
![Page 68: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/68.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
4. Regulatory Bodies
![Page 69: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/69.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
4. Regulatory Bodies Determines the regulatory framework for investment Organisations are held accountable - enforcement
![Page 70: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/70.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
5. Fiscal Incentives
![Page 71: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/71.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
5. Fiscal Incentives Tax breaks for some Tax surcharges for others Subsidies Taxes/Subsidies approximate to +ve/-ve externalities
![Page 72: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/72.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
6. Financial Intermediaries
![Page 73: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/73.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
6. Financial Intermediaries Connect Investors and Entrepreneurs 2 major forms: Buy-side (fund), Sell-side (advisor) Facilitate capital flows through aggregation
Database Pooling Specialisation Best Practice
Initiates capital flows through deal creation
![Page 74: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/74.jpg)
Mainstream Financial Markets Capital Markets Ecosystem
Investors
Accounting
Ratings
Regulation
Government
Intermediaries
![Page 75: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/75.jpg)
Impact Investment Ecosystem
![Page 76: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/76.jpg)
Impact Investment Ecosystem The Impact Investment Ecosystem
Needs all the players in the Mainstream ecosystem
![Page 77: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/77.jpg)
Impact Investment Ecosystem The Impact Investment Ecosystem
Needs all the players in the Mainstream ecosystem
PLUS: Impact Assessment Mentoring/Consultancy
![Page 78: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/78.jpg)
Impact Investment EcosystemInvestors
Accounting
Ratings
Regulation
Government
Intermediaries
Mentoring/Consulting
Impact Assessment
SocialEnterprise
s
Accelerators
![Page 79: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/79.jpg)
Impact Investment Ecosystem Some Players
1. Investors
![Page 80: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/80.jpg)
Impact Investment Ecosystem Some Players
1. Investors
2. Ratings/Assessment
![Page 81: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/81.jpg)
Impact Investment Ecosystem Some Players
1. Investors
2. Ratings/Assessment
3. Accounting/Taxonomy
![Page 82: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/82.jpg)
Impact Investment Ecosystem Some Players
1. Investors
2. Ratings/Assessment
3. Accounting/Taxonomy
4. Government/Regulation
![Page 83: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/83.jpg)
Impact Investment Ecosystem Some Players
1. Investors
2. Ratings/Assessment
3. Accounting/Taxonomy
4. Government/Regulation
5. Intermediaries/Accelerators
![Page 84: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/84.jpg)
BREAK
![Page 85: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/85.jpg)
Impact Investment in Korea
![Page 86: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/86.jpg)
Impact Investment in KoreaInvestors
Accounting
Ratings
Regulation
Government
Intermediaries
Mentoring/Consulting
Impact Assessment
SocialEnterprise
s
Accelerators
![Page 87: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/87.jpg)
Impact Investment in KoreaInvestors
Accounting
Ratings
Regulation
Government
Intermediaries
Mentoring/Consulting
Impact Assessment
SocialEnterprise
s
Accelerators
![Page 88: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/88.jpg)
Impact Investment in KoreaInvestors
Accounting
Ratings
Regulation
Government
Intermediaries
Mentoring/Consulting
Impact Assessment
SocialEnterprise
s
Accelerators
![Page 89: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/89.jpg)
Impact Investment in KoreaInvestors
Accounting
Ratings
Regulation
Government
Intermediaries
Mentoring/Consulting
Impact Assessment
SocialEnterprise
s
Accelerators
![Page 90: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/90.jpg)
Impact Investment in KoreaInvestors
Accounting
Ratings
Regulation
Government
Intermediaries
Mentoring/Consulting
Impact Assessment
SocialEnterprise
s
Accelerators
![Page 91: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/91.jpg)
Impact Investment in KoreaInvestors
Accounting
Ratings
Regulation
Government
Intermediaries
Mentoring/Consulting
Impact Assessment
SocialEnterprise
s
Accelerators
![Page 92: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/92.jpg)
Impact Investment in KoreaInvestors
Accounting
Ratings
Regulation
Government
Intermediaries
Mentoring/Consulting
Impact Assessment
SocialEnterprise
s
Accelerators
![Page 93: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/93.jpg)
Impact Investment in KoreaInvestors
Accounting
Ratings
Regulation
Government
Intermediaries
Mentoring/Consulting
Impact Assessment
SocialEnterprise
s
Accelerators
![Page 94: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/94.jpg)
Impact Investment in Korea A Long way to go
![Page 95: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/95.jpg)
Impact Investment in Korea A Long way to go
But we have also come a long way
![Page 96: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/96.jpg)
Impact Investment in Korea A Long way to go
But we have also come a long way
Entrepreneurs
![Page 97: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/97.jpg)
Impact Investment in Korea A Long way to go
But we have also come a long way
Entrepreneurs
700+ govt certified SE
![Page 98: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/98.jpg)
Impact Investment in Korea A Long way to go
But we have also come a long way
Entrepreneurs
700+ govt certified SE+ hundreds more
![Page 99: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/99.jpg)
Impact Investment in Korea A Long way to go
But we have also come a long way
Entrepreneurs
700+ govt certified SE+ hundreds more
Investors
![Page 100: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/100.jpg)
Impact Investment in Korea A Long way to go
But we have also come a long way
Entrepreneurs
700+ govt certified SE+ hundreds more
Investors
Government
![Page 101: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/101.jpg)
Impact Investment in Korea A Long way to go
But we have also come a long way
Entrepreneurs
700+ govt certified SE+ hundreds more
Investors
GovernmentFoundations
![Page 102: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/102.jpg)
Impact Investment in Korea A Long way to go
But we have also come a long way
Entrepreneurs
700+ govt certified SE+ hundreds more
Investors
GovernmentFoundationsCorporates
![Page 103: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/103.jpg)
Impact Investment in Korea A Long way to go
But we have also come a long way
Entrepreneurs
700+ govt certified SE+ hundreds more
Investors
GovernmentFoundationsCorporates
HNW Individuals
![Page 104: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/104.jpg)
Impact Investment in Korea A Long way to go
But we have also come a long way NEED to get the Capital Flowing!!
Entrepreneurs
700+ govt certified SE+ hundreds more
Investors
GovernmentFoundationsCorporates
HNW Individuals
CAPITAL
![Page 105: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/105.jpg)
D3JubileePractice & Experience
![Page 106: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/106.jpg)
D3JubileeMISSION: To foster the growth of Social Entrepreneurship in Korea and beyond
![Page 107: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/107.jpg)
D3Jubilee
Two-pronged approach
MISSION: To foster the growth of Social Entrepreneurship in Korea and beyond
![Page 108: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/108.jpg)
D3Jubilee
Two-pronged approach1. Build up Entrepreneurs
MISSION: To foster the growth of Social Entrepreneurship in Korea and beyond
![Page 109: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/109.jpg)
D3Jubilee
Two-pronged approach1. Build up Entrepreneurs2. Build up Investors
MISSION: To foster the growth of Social Entrepreneurship in Korea and beyond
![Page 110: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/110.jpg)
D3Jubilee Building up Entrepreneurs
![Page 111: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/111.jpg)
D3Jubilee Building up Entrepreneurs
Corporate Advisory Services Essentially comes down to raising capital
![Page 112: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/112.jpg)
D3Jubilee Building up Entrepreneurs
Corporate Advisory Services Essentially comes down to raising capital
Research Reports Necessary for potential investors
![Page 113: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/113.jpg)
D3Jubilee Building up Entrepreneurs
Corporate Advisory Services Essentially comes down to raising capital
Research Reports Necessary for potential investors
![Page 114: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/114.jpg)
D3Jubilee Building up Entrepreneurs
Corporate Advisory Services Essentially comes down to raising capital
Research Reports Necessary for potential investors
Financial Consulting Speak the language of Investment
![Page 115: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/115.jpg)
D3Jubilee Building up Entrepreneurs
Corporate Advisory Services Essentially comes down to raising capital
Research Reports Necessary for potential investors
Financial Consulting Speak the language of Investment
Business Mentoring Many SE come from NPO backgrounds Some are very young
![Page 116: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/116.jpg)
D3Jubilee Building up Investors
![Page 117: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/117.jpg)
D3Jubilee Building up Investors
Creating an Angel Investor Community for Impact
![Page 118: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/118.jpg)
D3Jubilee Building up Investors
Creating an Angel Investor Community for Impact DIIN Roundtable
![Page 119: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/119.jpg)
D3Jubilee Building up Investors
Creating an Angel Investor Community for Impact DIIN Roundtable
The D3 Impact Investor NetworkHeld every 3 months
10 Entrepreneurs PresentedOver 150 guests
14 Impact Investors created5 SEs invested
USD 2.5 million raised
![Page 120: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/120.jpg)
D3Jubilee D3Jubilee Impact Companies
![Page 121: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/121.jpg)
D3Jubilee D3Jubilee Impact Companies
![Page 122: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/122.jpg)
D3Jubilee D3Jubilee Impact Companies
![Page 123: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/123.jpg)
D3Jubilee D3Jubilee Impact Companies
D3 Cleantech Fund (US)
![Page 124: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/124.jpg)
D3Jubilee DIIN Investor Profile
Mostly High Net Worth Individuals Experienced Investors Keen to see Impact
![Page 125: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/125.jpg)
D3Jubilee Long-term Objectives
To support the creation of a sustainable ecosystem for impact investment
To raise “Superstar” social enterprises To build a stable base of committed impact
investors Investing Locally and Overseas
![Page 126: Investing with Purpose Practice & Experience](https://reader035.fdocuments.in/reader035/viewer/2022070421/568160c2550346895dcfeb96/html5/thumbnails/126.jpg)
Thank You!