An Introduction to the Asian Venture Philanthropy Network AVPN is building a vibrant and high impact venture philanthropy community avpn.asia
Sponsors Partners
AVPN’s platform brings together common interests, diverse experiences, networks and resources to deliver greater social impact Government Universities Related / Research Professional Corporate Service CSR Firms Wealth / Asset Foundations Private Managers Equity Venture Philanthropy Greater Social Impact
Asian Venture Philanthropy Landscape By Geography By Activity Source: AVPN. Data extracted from AVPN’s research database. The above sample comprises 194 organisations that AVPN classifies as active VP supporters, including 113 members of AVPN (as at 1 Oct 2012).
What is Venture Philanthropy? An ‘investment - minded’ approach Multi-year support to ambitious social ventures Venture philanthropy offers a blend of capital Tailored Financing and business advice to help social purpose Focus on sustainability & scalability organisations achieve their ambitions for growth and Engaged and active partnership development Builds capacity and infrastructure Brings non-financial resources Performance Based Milestones, Transparency, Social Impact, Exit
VP Ecosystem has three levels Donors / Funders – Mainly foundations, VC/PE firms, high net worth individuals (many Donors / Funders Level 3 from the financial or business sectors, including entrepreneurs) and corporations. Funders expect mainly a social return on their “investment” . financing social return * * Impact investors may also promise a financial return to their funders. Venture Philanthropy Organisations (VPOs) Venture – provide tailored financing and non-financial Level 2 Philanthropy support to the target organisation (investee) Organisation and expect a social return on the investment. Any financial return is usually recycled by the VPO into new investees. financing, social return, financial non-financial ** Some Impact investors may also seek market based return recycled or below support market ** financial returns from investees. Investees – Social Purpose Organisations Investee (SPOs), both nonprofits and “social enterprises” Level 1 (Social Purpose at a critical stage in their development. Organisation) Source: AVPN adapted from EVPA
Venture Philanthropy Core Model Financial Capital Venture Social Increased Philanthropy Purpose Social Organisation Organisation Impact Non-financial resources • Strategy Co-investment • Marketing • Legal • Accounting • Networks Other Funders • Coaching Venture Philanthropy multiplies the impact of financial capital through advisory services and high engagement
VPOs invest across a spectrum of SPOs Venture Philanthropy Impact Investing Impact Only Impact First Finance First Charity: Charity: Social Social Social Socially- Business: Business: Business: Sustainable allocate % mainstream grant- grants and Enterprise: Enterprise: Enterprise: driven business profit to company dependent trading <75% break-even profitable, Business: practices charity distribute revenue trading reinvest some profits revenue surplus CSR ++ Key driver: Key driver: Create Create financial social value value Organisations can create “blended” social and financial value Source: Adapted by AVPN from Skoll Centre, EVPA, CAF Venturesome, Noaber Foundation
AVPN Member Services Jan – Mar’12 Apr – Jun’12 Jul – Sep’12 Oct – Dec’12 H1 2013 Roundtables: Roundtables: Roundtables: Roundtables: IN SG HK JP IN SG HK JP Program to be confirmed Workshops: Workshops: Workshops: Workshops: SG SG HK JP IN CN Annual Conf. May 9 and 10 Seminars: Seminars Seminars Seminars: HK IN SG HK JP SG EVPA Networks & Expertise Member Directory Knowledge Center from USA & Europe
Building on a successful European network EVPA is the world’s first venture philanthropy network and has grown to 150 members in 20 countries since 2005 Sponsored by 5 leading private equity firms, EVPA’s Members include Venture Philanthropy Funds, Grant-making Foundations, Private Equity Firms, Professional Service Firms and Business Schools EVPA has strategic partnerships with the European Venture Capital Association (EVCA) and the European Foundation Centre (EFC) EVPA provides a wide range of services including major European conferences, professional development training and research EVPA’s 2011 annual conference in Torino, Italy attracted 400 delegates from 33 countries, including Asian delegates from 6 countries. The 2012 conference is in Dublin, Ireland on Nov 13 and 14.
Our People Doug Miller is AVPN’s founding Chairman . He is an American citizen who has lived 30 years in the UK and is now based in Boston MA. Doug has a 40-year career in investment banking and private equity. He is founder of International Private Equity Limited, a fund placement boutique. Doug is founding trustee of Impetus Trust in the UK; founding chairman and honorary president of EVPA; and founder of EVPF. He has been active in philanthropy for 30 years - mainly in education, the environmental and microcredit. Simon Chadwick is CEO . He was previously a partner at a global private equity fund placement group and founded his own private equity advisory firm. Before that he worked for the Schroder Group for 12 years. Simon worked pro bono at Impetus Trust in 2005 and has previously lived and worked in Asia for 8 years. He has an MBA from IMD, an MA from SOAS (University of London) and an MA from Oxford University. Kevin Teo is COO and Membership Services Director . Prior to that, he was a Co-Founder of Volans. Kevin was previously Head of East and Southeast Asia at the Schwab Foundation of Social Entrepreneurship and Global Leadership Fellow at the World Economic Forum. Kevin is a Trustee of the Southeast Asian Service Leadership Network (SEALNet). He is also Adjunct Senior Research Fellow at the NUS Business School’s Asia Centre for Social Entrepreneurship and Philanthropy. Stacey Choe is Membership Services Manager . Prior to joining the team, she had 8 years of experience in marketing communications, events management, and market research and strategy. She spent three years in China as the marketing director of a boutique Italian consulting company. In Singapore Stacey was worked for Intel corporation and in the government sector on nationwide campaigns relating to social cohesion and national identity. Stacey holds an MA from SOAS and a BA from the National University of Singapore.
Our People Sohini Bhattacharya is AVPN’s India Advisor. She has 20 years of experience in the development sector, which includes income generation and micro-credit programmes for rural women in West Bengal with Child In Need Institute and Jeevika Development Society; working with traditional craftspeople with Dastkar in Delhi identifying their needs and understanding markets and production issues; and helping to set up Sanhita, a gender rights centre, in Calcutta. She is a member of Ashoka Innovators for the Public. Ken Ito is AVPN’s Japan Advisor . He has a bachelor degree and an MBA from Thunderbird School of Global Management. Ken spent 10 years in the private sector including a stint at GE Capital, after which he joined the Institute for Strategic Leadership. He organized Japan’s first Social Entrepreneur of the Year competition in partnership with the Schwab Foundation. He is a partner at Social Venture Partners Tokyo, visiting senior researcher at SFC Research Institute at Keio University and also Assistant Professor of Keio’s University’s Graduate School of Media and Governance. Suhaila Ismail is an Executive Assistant in Singapore. She has previously worked with the public sector in Singapore in organizations like the Singapore Police Force and National Council of Social Service before joining AVPN. Suhaila graduated from Curtin University in 2010 with a Bachelor Degree in Commerce majoring in Accounting and Finance.
Support AVPN … Engage with Us Major Grant / Donation High Sponsor AVPN Sponsor Events Partner Financial Contribution / Engagement Membership AVPN is a registered charity in Singapore Attend Events (UEN: 201016116M) Register for Updates Low Donation Low Profile / Participation High Profile / Participation website: www.avpn.asia mail: info@avpn.asia Last updated 2 Oct 2012
Recommend
More recommend