https://climatejournal.news/ en https://climatejournal.news/news/first-impact-syndicate-in-ireland-to-invest-eu10m-in-sustainability-start-ups <div class="field field--name-title field--type-string field--label-hidden field--item"><span>First Impact Syndicate in Ireland to invest €10M in sustainability start-ups</span> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://climatejournal.news/news/first-impact-syndicate-in-ireland-to-invest-eu10m-in-sustainability-start-ups" data-a2a-title="First Impact Syndicate in Ireland to invest €10M in sustainability start-ups"><a class="a2a_button_linkedin"><img src="/libraries/bsp_social_media_icons_share/service/linkedin.svg" border="0" alt="LinkedIn" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/linkedin_hover.svg" border="0" alt="LinkedIn" height="18" class="social-media-links-hover"></a><a class="a2a_button_facebook"><img 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src="/libraries/bsp_social_media_icons_share/service/share_hover.svg" border="0" alt="Share" height="18" class="social-media-links-hover"><img src="/libraries/bsp_social_media_icons_share/service/share.svg" border="0" alt="Share" height="18" class="social-media-links-normal"> Share </a></span> <div class="field field--name-field-tags field--type-entity-reference field--label-inline"> <div class="field--label">Tags</div> <div class="field--items"> <div class="field--item"><a href="/tag/impact-investing" hreflang="en">Impact investing</a></div> <div class="field--item"><a href="/tag/ireland" hreflang="en">Ireland</a></div> <div class="field--item"><a href="/tag/start-up" hreflang="en">Start-up</a></div> <div class="field--item"><a href="/tag/esg" hreflang="en">ESG</a></div> <div class="field--item"><a href="/tag/impact-investors" hreflang="en">Impact investors</a></div> <div class="field--item"><a href="/tag/angel-investors" hreflang="en">Angel Investors</a></div> <div class="field--item"><a href="/tag/social-innovation" hreflang="en">Social Innovation</a></div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Topic</div> <div class="field--items"> <div class="field--item"><a href="/topic/impact-investing" hreflang="en">Impact Investing</a></div> <div class="field--item"><a href="/topic/ireland" hreflang="en">Ireland</a></div> </div> </div> <img width="32" height="32" alt="Business" title="Business" class="img-responsive" src="/files/bsp-images/icons/55.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Sustainability" title="Sustainability" class="img-responsive" src="/files/bsp-images/icons/52.svg" loading="lazy" typeof="foaf:Image" /> <img alt="First Impact Syndicate in Ireland to invest €10M in sustainability start-ups" title="First Impact Syndicate in Ireland to invest €10M in sustainability start-ups" class="img-responsive" src="/files/styles/news_full_main_image/public/bsp-images/news/972.jpg?itok=c9WnG5U4" width="687" height="687" loading="lazy" typeof="foaf:Image" /> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">Angel invetsors in Ireland will provide funding and supports to enterprises building on environmental, social and governance factors. </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2876 paragraph--width--full" style=""> <div class="paragraph__column"> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2877 paragraph--width--full" style=""> <div class="paragraph__column"> <p>The <a href="https://www.hban.org/" target="_blank">Halo Business Angel Network (HBAN)</a> is launching a new Impact Syndicate aiming to collectively invest €10M in Irish enterprises focusing on ESG (Environmental, Social, Governance) factors besides traditional financial returns.</p> <p>The Impact Syndicate will be officially launched at the online <a href="https://www.hban.org/conference" target="_blank">All-Island Conference</a> on 2 February 2022.</p> <p>Over the next three years, the syndicate will consider pitches from start-ups located in Ireland focusing on climate, agri-tech and food supply chain, energy, blue economy, health and cleantech.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2880 paragraph--width--full paragraph--style--58-42"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2878 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/973.jpg" width="1500" height="1228" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">L-Faye Walsh Drouillard, co-chair of HBAN Impact Syndicate; R-Julian Seymour, Syndicates Manager, HBAN</div> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2879 paragraph--width--full" style=""> <div class="paragraph__column"> <blockquote> <p>“Investors and entrepreneurs alike want to make a meaningful impact.</p> </blockquote> <p>The global focus on ESG has created a market with almost boundless opportunities for growth, and we want to help Irish businesses to be a part of that story,” Julian Seymour, Syndicates Manager, HBAN, said about the launch. Seymour added that HBAN Impact Syndicate aims to support ground-breaking innovations that integrate ESG factors into their core business.</p> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2881 paragraph--width--full" style=""> <div class="paragraph__column"> <p>Based on the <a href="https://www.ifc.org/wps/wcm/connect/corp_ext_content/ifc_external_corporate_site/home" target="_blank">International Finance Corporation (IFC)</a> estimations in 2020, the global market for Impact Investing reached up to $2.1 trillion in assets under management and that continues to grow.</p> <p>Faye Walsh Drouillard, impact investor and co-founder of <a href="https://www.wakeupcapital.com/" target="_blank">WakeUp Capital</a>, will co-chair the syndicate and become the first female chair of a HBAN syndicate.</p> <blockquote> <p>“Impact investing provides exciting financial potential for investors, while also enabling them to make a difference in the community and even the planet,”</p> </blockquote> <p>says Walsh about the importance of this step.</p> <p>“I am passionate about supporting entrepreneurs to drive real social and environmental change, and impact investing is central to this.”</p> <p>Walsh has been involved with impact investing throughout her entire carrier and feels that by co-chairing the Impact Syndicate with highly experienced WakeUp Capital co-founder Mark Peters, they can facilitate growth in this area in Ireland. Besides helping sustainability start-ups scale, the syndicate also encourages angel investors to get involved.</p> <p>At the All-Island conference, HBAN will host sessions focusing on impact investing and demystifying angel investment, which they hope will encourage existing and first-time angel investors to join their network and consider its Impact Syndicate.</p> <p>Speakers at the conference include Marcia Dawood, chair of the Angel Capital Association in the US; serial entrepreneur Norman Crowley, founder of Crowley Carbon; and Loretta McCarthy, whose investor consortium Golden Seeds backs early-stage female-led businesses in the US.</p> <p>HBAN (Halo Business Angel Network) is responsible for promoting business angel investment on the island of Ireland and a joint initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland.</p> <p> </p> <p class="text-align-right"><span style="font-size:10px">Headline image: <a href="https://www.pexels.com/" target="_blank">Pexels</a></span></p> </div> </div> <div class="field field--name-field-background-style field--type-list-string field--label-above"> <div class="field--label">Background style</div> <div class="field--item">Light</div> </div> <div class="field field--name-field-sponsored field--type-boolean field--label-above"> <div class="field--label">Sponsored?</div> <div class="field--item">No</div> </div> <div class="field field--name-created field--type-created field--label-hidden field--item">January 2022</div> Mon, 31 Jan 2022 20:46:37 +0000 Business Spirit News reporting 217 at https://climatejournal.news https://climatejournal.news/news/investors-in-asia-and-africa-are-invited-to-join-the-growing-impact-investing-market <div class="field field--name-title field--type-string field--label-hidden field--item"><span>Investors in Asia and Africa are invited to join the growing impact investing market</span> </div> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="https://climatejournal.news/news/investors-in-asia-and-africa-are-invited-to-join-the-growing-impact-investing-market" data-a2a-title="Investors in Asia and Africa are invited to join the growing impact investing market"><a class="a2a_button_linkedin"><img src="/libraries/bsp_social_media_icons_share/service/linkedin.svg" border="0" alt="LinkedIn" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/linkedin_hover.svg" border="0" alt="LinkedIn" height="18" class="social-media-links-hover"></a><a class="a2a_button_facebook"><img src="/libraries/bsp_social_media_icons_share/service/facebook.svg" border="0" alt="Facebook" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/facebook_hover.svg" border="0" alt="Facebook" height="18" class="social-media-links-hover"></a><a class="a2a_button_twitter"><img src="/libraries/bsp_social_media_icons_share/service/twitter.svg" border="0" alt="Twitter" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/twitter_hover.svg" border="0" alt="Twitter" height="18" class="social-media-links-hover"></a><a class="a2a_button_email"><img src="/libraries/bsp_social_media_icons_share/service/email.svg" border="0" alt="Email" height="18" class="social-media-links-normal"><img src="/libraries/bsp_social_media_icons_share/service/email_hover.svg" border="0" alt="Email" height="18" class="social-media-links-hover"></a><a class="a2a_dd" href="https://www.addtoany.com/share"><img src="/libraries/bsp_social_media_icons_share/service/share_hover.svg" border="0" alt="Share" height="18" class="social-media-links-hover"><img src="/libraries/bsp_social_media_icons_share/service/share.svg" border="0" alt="Share" height="18" class="social-media-links-normal"> Share </a></span> <div class="field field--name-field-tags field--type-entity-reference field--label-inline"> <div class="field--label">Tags</div> <div class="field--items"> <div class="field--item"><a href="/tag/impact-investing" hreflang="en">Impact investing</a></div> <div class="field--item"><a href="/tag/africa" hreflang="en">Africa</a></div> <div class="field--item"><a href="/tag/asia" hreflang="en">Asia</a></div> <div class="field--item"><a href="/tag/impact-investors" hreflang="en">Impact investors</a></div> </div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-inline"> <div class="field--label">Topic</div> <div class="field--items"> <div class="field--item"><a href="/topic/impact-investing" hreflang="en">Impact Investing</a></div> </div> </div> <img width="32" height="32" alt="Business" title="Business" class="img-responsive" src="/files/bsp-images/icons/55.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Collaboration" title="Collaboration" class="img-responsive" src="/files/bsp-images/icons/53.svg" loading="lazy" typeof="foaf:Image" /> <img width="32" height="32" alt="Sustainability" title="Sustainability" class="img-responsive" src="/files/bsp-images/icons/52.svg" loading="lazy" typeof="foaf:Image" /> <img alt="Investors in Asia and Africa are invited to join the growing impact investing market" title="Investors in Asia and Africa are invited to join the growing impact investing market" class="img-responsive" src="/files/styles/news_full_main_image/public/bsp-images/news/750.jpg?itok=KG5Fj_eg" width="687" height="687" loading="lazy" typeof="foaf:Image" /> <div class="field field--name-field-lead field--type-string field--label-hidden field--item">First Impact Investing Fellowship program for asset owners and managers in Asia and Africa was launched to offer learning and networking.</div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2246 paragraph--width--full" style=""> <div class="paragraph__column"> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2247 paragraph--width--full" style=""> <div class="paragraph__column"> <p>The <a href="https://avpa.africa/africa-asia-impact-investing-fellowship/" target="_blank">Impact Investing Fellowship</a> was born from the shared mission of the <a href="https://avpa.africa/" target="_blank">African Venture Philanthropy Alliance</a> (AVPA) and <a href="https://avpn.asia/" target="_blank">Asian Venture Philanthropy Network</a> (AVPN) to transform the social investment landscape and increase the flow of capital and resources towards impact investing in these regions.</p> <p>This trailblazer project is designed to challenge the perception of asset owners and managers that impact investing is a trade-off for financial returns, and the private sector should only focus on achieving financial returns.</p> <p>Organisers of the Fellowship program state that today’s impact investment market offers diverse and viable opportunities for investors to advance social and environmental solutions through investments that also produce financial returns.</p> </div> </div> <div class="paragraph paragraph--type--bp-columns-two-uneven paragraph--view-mode--default paragraph--id--2250 paragraph--width--full paragraph--style--58-42"> <div class="paragraph__column"> <div class="paragraph--type--bp-columns-two-uneven__2col-column1"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2249 paragraph--width--full" style=""> <div class="paragraph__column"> <p>“Both continents have huge potential to augment their economic and social potential and to build on their recent successes by sharing different experiences of growth and development,” says Bridget Fury, Head of Oppenheimer Generations Philanthropies about why a program like this is needed.</p> <p>“There is scope for Asia and Africa to see synchronised, sustainable growth if we establish optimal alliances between the regions.”</p> </div> </div> </div> </div><div class="paragraph--type--bp-columns-two-uneven__2col-column2"> <div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-image paragraph--view-mode--default paragraph--id--2248 paragraph--width--full"> <div class="paragraph__column"> <div class="field field--name-bp-image-field field--type-image field--label-hidden field--item"> <img alt="" title="" src="/files/bsp-images/paragraph/751.png" width="780" height="520" loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> <div class="field field--name-field-image-title field--type-string field--label-hidden field--item">Bridget Fury, Head of Oppenheimer Generations Philanthropies; Image: Harambeans </div> </div> </div> </div> </div> </div> </div> <div class="classy-style--margin-bottom paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--2251 paragraph--width--full" style=""> <div class="paragraph__column"> <p>In the last four years, the compound annual growth rate in impact investing in East and Southeast Asia alone was 20%, higher than the U.S and Canada.</p> <blockquote> <p>“There is a mismatch between the supply of impact investment capital and demand from impact businesses. Investors will need to find innovative means to tailor their funds and meet the needs of these businesses where they are,”</p> </blockquote> <p>adds Dr. Frank Aswani, CEO of AVPA.</p> <p>Sixty participants will be selected in equal numbers from Asia and Africa to join the program that will help them have the right information and resources on building an impact investing strategy, managing a portfolio, defining, evaluating, and managing impact, among other skills.</p> <p>In collaboration with Faculty from the Oxford Saïd Business School, impact investing experts will facilitate the program over four months.</p> <p><a href="https://avpa.africa/africa-asia-impact-investing-fellowship/" target="_blank">Applications are open</a> to asset managers, foundation directors, accelerators, incubators and NextGen leaders until 12 August 2021.</p> <p>The first cohort of alumni will be supported by the unique network of AVPN, committed to building a vibrant and high impact social investment community across Asia, and the Pan-African network of AVPA that seeks to transform the social investing agenda in the continent.</p> <p>Eventually, the Impact Investing Fellowship aims to increase the flow of social investment capital into Africa and Asia.</p> <p class="text-align-right"><span style="font-size:9px">Headline image: <a href="https://www.pexels.com/photo/thoughtful-multiracial-coworkers-sitting-at-table-with-netbook-in-modern-workspace-6457588/" target="_blank">Alexander Suhorucov from Pexels</a></span></p> </div> </div> <div class="field field--name-field-background-style field--type-list-string field--label-above"> <div class="field--label">Background style</div> <div class="field--item">Light</div> </div> <div class="field field--name-field-sponsored field--type-boolean field--label-above"> <div class="field--label">Sponsored?</div> <div class="field--item">No</div> </div> <div class="field field--name-created field--type-created field--label-hidden field--item">July 2021</div> Tue, 27 Jul 2021 11:36:49 +0000 Business Spirit News reporting 170 at https://climatejournal.news