Image: Representatives of AVPN, Tri-Sector Associates, and the first cohort of the AVPN ImpactCollab Outcomes Marketplace Singapore Impact Organisations
Singapore, 27 January 2025 – AVPN, the largest network of social investors in Asia, launched the ImpactCollab Outcomes Marketplace in partnership with Tri-Sector Associates. It is an extension of ImpactCollab’s mission to make good philanthropy accessible and data-driven, and provides an outcomes-based funding mechanism to mobilise Asia’s wealth and scale cross-border funding into verifiable outcomes. With the launch of ImpactCollab_, 19 Impact Organisations across Singapore and Thailand are available to be selected for outcomes funding. At this stage, all 19 Impact Organisations are focused on the youths not in education, employment or training (NEET). More Impact Organisations and outcome themes will be available for funding, as AVPN and Tri-Sector Associates continue to develop the pipeline with funders and Impact Organisations in the ecosystem.
Asia is entering a critical chapter of wealth. By 2029, private wealth in the region is projected to reach USD 99 trillion. Yet, High Net Worth Individuals (HNWIs) and institutions often hesitate to give, constrained by uncertainty over outcomes. At the same time, this region faces a stark challenge: over 16,000 youths in Singapore and 1.4 million youths in Thailand are not in education, employment or training (NEET). Youth employability requires urgent, impactful and measurable change that is verifiable. With the launch of the first cohort of Impact Organisations, AVPN aims to positively impact more than 600 youths by 2026 in Singapore and Thailand to be trained, employed and retained in a job.
To address the gaps, the ImpactCollab Outcomes Marketplace will enable AVPN members, grantmakers, and wealth and philanthropy advisors to discover, assess and engage with a curated pool of accredited and reputable Impact Organisations that have committed to delivering verifiable outcomes. This systematically transforms how impact is funded, particularly by shifting capital from supporting activities to rewarding verified results and long-term value creation for our communities and our societies, locally and regionally. The outcomes-based funding mechanism also mobilises Asia’s wealth and scale cross-border investment even in markets where funders may not be familiar with, as funders can be guided by verifiable outcomes and accredited impact organisations. On an annual basis, funders will receive an impact report that accounts for the number of verified outcomes achieved, and the estimated economic value of these outcomes.
The Outcomes Marketplace effectively extends ImpactCollab’s mission to make good philanthropy accessible and data-driven, and aims to be Asia’s trusted social outcomes infrastructure that leverages the “network effect” to deliver inclusive social impact results.
“The launch of AVPN’s ImpactCollab Outcomes Marketplace is an important milestone in enhancing trust in the social impact ecosystem. By introducing verifiable outcomes-based financing, we now can assure funders that every dollar directed towards impact can demonstrably improve lives and communities. This is particularly significant for corporate leaders and family offices who seek to integrate social impact into their business and investment strategies, in addition to wealth holders. The ImpactCollab Outcomes Marketplace provides a transparent mechanism to deliver data-driven results, and bridges philanthropy and performance, hence strengthening the foundations of sustainable value creation across Asia,” said Achal Agarwal, Chair at AVPN.
“At its core, ImpactCollab Outcomes Marketplace aims to make good philanthropy accessible and outcomes verifiable. Our social outcomes exchange equips private wealth holders and their advisors with the confidence that they are directing capital towards opportunities with verified outcomes. With this extension of ImpactCollab, AVPN is strengthening the work we have done for a more accountable, accessible and effective philanthropy ecosystem across Asia – one that supports both the aspirations of funders and the capabilities of local social impact organisations,” said Kevin Teo, Head of ImpactCollab_ at AVPN.
Wealth holders now can mobilise capital in a strategic and outcomes-driven manner
Asia’s private banking assets under management (AUM) have surpassed USD 3 trillion, yet only a small fraction is deployed philanthropically or via impact investments. There is a very large untapped potential for unlocking resources for social outcomes. Meanwhile, many funders are actively seeking meaningful avenues to contribute, but face hesitation or challenges due to unverified or non-guaranteed outcomes, limited access to verified organisations, high due diligence costs, and difficulties in cross-border giving. By making funding conditional on verified outcomes, the ImpactCollab Outcomes Marketplace_ embeds motivation and incentives for impact organisations to innovate and optimise their services continuously. This ensures that capital is deployed effectively and drives the development of new, scalable solutions.
“We are proud to bring our specialised expertise in structuring and verification of social impact to this partnership with AVPN. By incentivising better outcomes, we are creating a marketplace that rewards true value and paves the way for effective organisations to access new sources of finance to scale their impact,” said Ronny Tan, Chairman at Tri-Sector Associates Limited.
“Tri-Sector Associates is proud to partner with AVPN in launching the ImpactCollab Outcomes Marketplace. The innovative outcomes-based model strengthens accountability in social investment, and empowers impact organisations to demonstrate their results with greater credibility. By building trust and transparency, we are laying the foundation for sustained financing and scalable social impact across Asia,” said Kevin Tan, Chief Executive Officer and Founder at Tri-Sector Associates Limited.
AVPN’s ImpactCollab was launched in April 2024, and is supported by the Monetary Authority of Singapore and the Gates Foundation. ImpactCollab Outcomes Marketplace is the next-phase expansion of the ImpactCollab platform. AVPN owns and stewards this platform; while Tri-Sector serves as the technical advisory partner, providing recommendations, guidance, and technical services to AVPN and the Marketplace’s development. All outcomes are verified independently by credible impact auditors and impact evaluators.
About AVPN
AVPN is the largest network of social investors in Asia, comprising over 700 diverse members across 43 markets. Our mission is to increase the flow and effectiveness of financial, human, and intellectual capital in Asia by enabling members to channel resources towards impact. As an ecosystem builder, AVPN enables its members to connect, learn, act, and lead social impact efforts across key pillars while improving the effectiveness of deployed capital, bringing local field needs, regional expertise, and policy insights to the forefront. For more information about AVPN and our work, please visit our website and read our latest Annual Review 2024 -25.
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