An Introduction to the Asian Venture Philanthropy Network AVPN is - - PowerPoint PPT Presentation

An Introduction to the Asian Venture Philanthropy Network

AVPN is building a vibrant and high impact venture philanthropy community avpn.asia

Sponsors Partners

Venture Philanthropy

Government Related Professional Service Firms Universities / Research Wealth / Asset Managers Corporate CSR

AVPN’s platform brings together common interests, diverse experiences, networks and resources to deliver greater social impact

Greater Social Impact

Private Equity Foundations

Asian Venture Philanthropy Landscape

By Geography

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).

By Activity

What is Venture Philanthropy?

An ‘investment-minded’ approach

Multi-year support to ambitious social ventures Tailored Financing Focus on sustainability & scalability

Engaged and active partnership

Builds capacity and infrastructure Brings non-financial resources

Performance Based

Milestones, Transparency, Social Impact, Exit Venture philanthropy

• ffers a blend of capital

and business advice to help social purpose

• rganisations achieve their

ambitions for growth and development

VP Ecosystem has three levels

Donors / Funders – Mainly foundations, VC/PE firms, high net worth individuals (many from the financial or business sectors, including entrepreneurs) and corporations. Funders expect mainly a social return on their “investment”.

* Impact investors may also promise a financial return to their funders.

Venture Philanthropy Organisations (VPOs) – provide tailored financing and non-financial support to the target organisation (investee) and expect a social return on the investment. Any financial return is usually recycled by the VPO into new investees.

** Some Impact investors may also seek market based financial returns from investees.

Investees – Social Purpose Organisations (SPOs), both nonprofits and “social enterprises” at a critical stage in their development.

Donors / Funders Venture Philanthropy Organisation Investee (Social Purpose Organisation)

financing social return * financing, non-financial support social return, financial return recycled or below market **

Source: AVPN adapted from EVPA

Level 3 Level 2 Level 1

Social Purpose Organisation

Venture Philanthropy multiplies the impact of financial capital through advisory services and high engagement

Increased Social Impact

Venture Philanthropy Organisation

Financial Capital

• Strategy
• Marketing
• Legal
• Accounting
• Networks
• Coaching

Non-financial resources

Venture Philanthropy Core Model

Other Funders

Co-investment

VPOs invest across a spectrum of SPOs

Charity: grant- dependent Charity: grants and trading revenue Social Enterprise: <75% trading revenue Social Enterprise: break-even Social Enterprise: profitable, reinvest surplus Socially- driven Business:

distribute some profits

Business:

Sustainable business practices

Business:

allocate % profit to charity CSR ++

Business:

mainstream company

Organisations can create “blended” social and financial value

Key driver: Create social value Key driver: Create financial value Source: Adapted by AVPN from Skoll Centre, EVPA, CAF Venturesome, Noaber Foundation

Impact Only Venture Philanthropy Finance First Impact First Impact Investing

Jan – Mar’12 Roundtables: Workshops: Seminars: Apr – Jun’12 Roundtables: Workshops: Seminars Jul – Sep’12 Roundtables: Workshops: Seminars Oct – Dec’12 Roundtables: Workshops: Seminars: H1 2013 Program to be confirmed Annual Conf. May 9 and 10

AVPN Member Services

Networks & Expertise from USA & Europe

Member Directory HK SG IN CN SG HK JP SG IN SG HK JP IN SG HK JP IN SG HK JP EVPA Knowledge Center

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.

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website: www.avpn.asia mail: info@avpn.asia

AVPN is a registered charity in Singapore (UEN: 201016116M)

Financial Contribution / Engagement High Profile / Participation

Sponsor AVPN Donation

Low High

Partner

Low Profile / Participation Last updated 2 Oct 2012