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Impact Investing Forum in Hong Kong Launches New Funds

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Alfred Poon

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 AVPN members on the panel on “Growing the Demand Side”: Abbie Jung of Synergy Social Ventures, Nick Lazos of Insitor Fund, Francis Ngai of SVHK, Joan Yao of LGT Venture Philanthropy, and Sunit Shrestha of Changefusion.

AVPN attended the Impact Investing Forum organised by Asia Community Ventures, in partnership with the Rockefeller Foundation, in Hong Kong on 14-15 March 2013. The forum presented a platform for learning about and discussing the role impact investing can play in addressing societal challenges in Asia. The event saw the participation of various stakeholders from across the impact investing and social entrepreneurship industry in East and Southeast Asia.

On the second day of the conference, a set of workshops was organised to provide an opportunity for participants to engage. These include social entrepreneurs, government representatives, academics, investors and intermediaries. The conference split into four breakout sessions with the parallel tracks focused on catalysing demand side, unlocking capital, engaging government and impact investment.

The forum also saw the announcement of two funds. The first is a HK$500 million fund that will be launched by the Hong Kong government to promote social innovation and will be chaired by Stephen Leung, the dean of Hong Kong University’s business school. The second is a US$400,000 fund launched by the Rockefeller Foundation and Asia Community Ventures in support of “platform-building for impact investing”. This fund will be used to support three to four initiatives and the grant process will be managed by Asia Community Ventures.

References

A. Environmental Stewardship
To protect the environment, we organize programmes like mangrove nursery and Reforestation, Coastal and River Clean-Up, Community Based Environmental Solid Waste Management, Environmental IEC Campaign and Eco-Academy

B. Food Security and Sustainable Livelihood
To ensure a sustainable livelihood for the community, eco-tourism include Buhatan River Cruise Visitor Center Buhatan River Mangrove Boardwalk are run by the community. Others include Organic Vegetable and Root crops Farming, Vegetable and Root crops Chips and by-products Processing and establishing a Zero waste store.

C. Empowered Communities
To empower the community, we provide product and Agri-Enterprise Development Training, Immersion and Learnings Exchange Program, Earth Warrior Training and Community Based Social Entrepreneurship Training

Author

Alfred Poon

Finance Manager

Alfred Poon is Director of Digital Transformation of AVPN. He is a geek by nature, adman by passion, and holds a Masters in Nonprofit Communications from Indiana University. Alfred spends his time building communications infrastructure that brings people together. Prior to joining AVPN, Alfred has consulted for Social Purpose Organisations in over thirty countries, bringing his unconventional mix of nimble technology to enable data driven communications

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