To Incubate, or Accelerate?
Joe Ludlow, Bas van Abel, Paul Miller
Somebody's got their foot pressed on the idea that 'accelerators' are the golden answer to an entrepreneur's woes. We aren't so sure they all work. But what we do know: goed ideas need strong, stable support to scale. We're impressed with two models. In the UK, NESTA is a former government science centre that is now a public-private partnership, and is taking a long-term view, and is incubating the companies that will answer Europe's social needs in 20 years. NESTA is also investor in Bethnal Green Ventures, and accelerator for good. We'll examine both models: the intentions , track-records, and what help - if any - incubating and accelerating are to investing.
Moderator: Miko de Haan11:00 - 11:55
NGOs Becoming Investment Houses?
Laure Wessemius Chibrac, Koert Jansen
Well-respected charitable institutions are now venturing -into ventures. With 100 years of developing world assistance, there is little doubt that NGO's have been in the trenches with mission and impact. But does a longstanding track-record with mission-focused donations help or harm in building profitable business? Furthermore, is making profit the business of a charitable entity? Some traditional fund managers claim that NGO's venturing creates market distortion, as charitable funds used for capacity building can insulate and buffer entrepreneurs against market realities. This session is a case study on two different models: Cordaid, which is launching a fund within the umbrella of the organization; and Incluvest, which is set up as an entity separate to its founder, Woord en Daad.
Moderator: Hendrik Jan Laseur16:00 - 16:55
Emerging Markets: Nepal and Philippines
George Petty, Dirk Aleven
Our emerging markets focus 2014 is on two countries poised for a leap in growth: the Philippines and Nepal. Both are countries deeply rooted in traditional culture, and both undergoing a wave of transformation. In the Philippines, approximately 300,000 traditional family SMEs are in need of financing - while in the cities, a young and savvy workforce is going online to leverage the job market. Beautiful Nepal is on the verge of following its giant neighbors, India and China, towards intense economic development: with 50% of the population under 35, the workforce is young, connected and well-educated. How to embed impact in these countries? This session features four entrepreneurs helping create the new economies: understand the business culture, challenges, and investment structures at work.12:00 - 12:55
True Price: The Business Case
Adrian de Groot Ruiz, Herman Mulder
True Price is both movement, and methodology: it helps companies translate social and environmental issues into meaningful financial information. How much does climate change due to emissions, land and water use, or depletion of minerals cost a business? What price is paid to foster underpayment, or how do you price your company's impact on local communities? What we want is to know the True Price of each product and service, so that our production and consumption create value for our planet and society. But for this to happen, we first need to make these costs visible. Join for an interactive workshop, which includes the launch of the report 'The Businesscase for TruePricing'.12:00 - 12:55
From Crop to Shop: Connecting Farmers to World Markets
85% of farms worldwide are operated by 500 million smallholder farmers, who typically lack access to the finance needed to scale their business, and to connect to world markets - and the rapidly growing customer base for sustainably traceable products. Nasser Abufarha, a seasoned social entrepreneur has, over the last ten years, built Canaan Fair Trade in the Palestine Territories into a global business. Nasser share the committed journey to creating a full impact value chain, which connects small-hold olive farmers to consumers across the world. And, how global scale is necessary to catalyse and sustain rural development. Join us to understand the dilemmas that a company confronts when choosing sustainability and transparency are at the heart of sourcing, processing and trading - and the importance of strong, long-term relationships who share commitment to full impact agricultural value chains.
Moderator: Michael van den Berg11:00 - 11:55
Investors Changing the Future
James Perry, Josephine Korijn, Henri van Eeghen, Christopher Wasserman
Advocating for deep change - either within a family, a system, or an institution - requires personal commitment, a degree of courage, and a sense of vision. We begin the day with mini-keynotes from investors whose stories illustrate a commitment to both impact and action.09:15 - 10:00 hours
Why be a B-Corp?
Marcello Palazzi, Leen Zevenbergen, Flory Wilson
Taking the Core Lessons Forward: Scaling Impact with Purpose
Jasper Snoek, William Fitzpatrick, Nanno Kleiterp
The impact investing landscape is now attracting big ticket investments, and the traditional VC and financial world is awakening to the opportunity in impact. Here is the moment to pause, and ask three experienced investors, with decades of experience and hundreds of impact investments the question: if it's on Wall Street, can it be impact? Can impact, scale, and the rush towards opportunity co-exist in a new economy?10:00 - 10:30 hours
Is 100% FOR IMPACT possible?
Lisa Kleissner, Marilou van Golstein Brouwers, Solange Rouschop
Private capital holders and foundations are increasingly asking for purposeful investments that deliver impact without compromising financial return. While impact investing in private equity has funded hundreds of pioneering companies, wealth-holders are now increasingly asking if it is possible to act from an impact intention through a full portfolio spectrum. Where to begin? Join us in an experimental, interactive plenary conversation - record your objections, get up out of your chairs and ‘Vote with your feet’ - in a full session exploring the current possibilities - and uncovering the roadblocks - to investors moving 100% for impact.
When do you know your money and meaning are aligned? Where are you on the journey?
Moderated by Tom Cummings and Margaret McGovern14:00 - 15:00 hours
|Natural Return||Impact in Europe||Growing Stability|
|Starts||Track 1||Track 2||Track 3|
|11.00||Business Models for
|Social Impact Bonds Rollout in the EU||Investing in Fragile Nations|
|Growing Money &
Jobs for Europe
|Emerging Markets: Nepal and Philippines|
|16.00||Impact Agriculture at
Our Business Schools
|NGOs Becoming Investment Houses?|
Business Models for Biomimicry
Kalina Raskin, Mike Chamberlain, Mike Velings
Biomimicry (literally, to mimic nature) is a design process which innovates by studying nature, and copying nature’s design to create new business models. The natural world doesn’t waste material; is ultimately very efficient with energy; and designs for sustainability. With a special focus on ocean innovations, we will give you an overview understanding of biomimicry; examine European efforts to stimulate biomimicry in SME's; and engage with two entrepreneurs applying the principles to new business.
Moderator: Jenny Elissen11:00 - 11:55
Families, Farms, Forests
Rufo Quintavalle, Paolo Cugnasca, Frederik van Beuningen
Imagine: the creation of healthy, resilient forests and ecologically robust farmland as an impact strategy with solid financial return. Are we dreaming the future, or is this actually an option for today’s impact investor? Three family principals who have Put Their Money Where Their Meaning Is explain their passion for real assets with impact, and dive deep into the entrepreneurial models they have created for tangible whole-systems return.
12:00 - 12:55
Impact Agriculture at Scale: Considerations
Marjolein Landheer, George Meltzer, Rufo Quintavalle
One of the greatest global challenges as world population increases: our food-and water security. Supporting smallhold farmers continues to be an important focus for impact investors - but can you keep an impact lens when investing in and practicing Agriculture at Scale? Based on an FMO case study, and facilitated by experienced impact agriculture investors, this session provides a framework for determining an agriculture strategy, considerations for how to invest, and how to measure the results.16:00 - 16:55
Early Stage Investing
Lisa Kleissner, Frederik van Beuningen
Social Impact Bonds Rollout in the EU
Eric Buckens, Paul Iske, Francois de Borchgrave
Social Impact Bonds have been hailed as the answer to declining government budgets: a new entrepreneurial model is created to address social needs; is financed by private investors; and the government offers a return on the successful, measurable delivery of services. Rotterdam has recently successfully launched the first such construction on the Continent, and now Belgium is soon to follow. But are we really breaking models here, or repackaging a rather standard model of finance? Or, can we envision that the infancy of Social Impact Bonds now being piloted can lay groundwork for stunning social interventions that leapfrog over old economy models in the future?
Moderator: Liesbet Peeters11:00 - 11:55
Investing in Fragile Nations
Denis Poggo, Jarl Heijstee, Laure Wessemius Chibrac
The greatest need has potential for greatest impact. Fragile nations - those with weak state capacity "leaving citizens vulnerable to a range of shocks" - are also countries where the development of small & medium business can bring jobs, growth, and most importantly, the first pillars of stability. Entrepreneurs from South Sudan, DRC, Sierra Leone and other fragile states have said: loans and grants alone will not build our countries. Rather, development of small and medium businesses will make a country stronger. But how and when can an impact investor support Fragile Nations, especially when the nation state is changeable? What are the additional risk considerations; what kind of outlook does an investor need? Two entrepreneurs working in South Sudan, and the head of Cordaid Investments who just set up a new Fragile Nations Fund, examine investing to build stability in fragile nations.11:00 - 11:55
Growing Money & Jobs for Europe
Corrado Ferretti, Malcolm Johnston, Pärtel Tomberg
A proactive title for an important subject: three strong entrepreneurial efforts working to get the economic engines of Europe started again.
PerMicro in Italy provides microfinance loans to Italians who want to begin or grow a small business - what works in Italy and what doesn't? Angello Fund is hard at work in Central Europe, investing and building capacity in SME enterprise, with impact focus on low-skilled workers first, and isePankur from Estonia has done a 21st century leap over traditional finance, and is quickly becoming Europe's fastest growing cross-border peer-to-peer lending platform.12:00 - 12:55
Involving Academia: Our Business Schools
Michiel de Wilde, Harry Hummels
Impact looks at future possibilities. And to the generation who will implement change. How are our universities fostering the skills required for impact investing and social entrepreneurship? From the capital side: how should universities be supporting education for investors in areas of measurement, risk mitigation, and social mission statutes in business. And from the entrepreneur side: social ventures need a different type of leader with fundamentally different skill sets and attitudes to lead a team to maximise social impact, while adapting strong and stable business skills to the new economy. What is happening in Europe?
Moderator: Jelte de Jongh
Money & Consciousness: An Experiential Approach
Alexandra Abensperg und Traun
Note: This workshop is limited to 15 participants who commit to being present for 2 full hours, from 14:00 to 16:00.
Workshop participants experience the power of giving-- and receiving, and the profoundly human process of sharing and perception that is a foundation for a new economy. This is a very interactive workshop on money and giving, which focuses on the needs of the participants which are presented, perceived, discussed assessed and materially or immaterially supported. Each participant should bring between €10.- and €100.- to the session, to be used as part of the exercise.
14:00 - 16:00
Catalytic Philanthropy Workshop
Diana van Maasdijk, Amit Bouri, Margaret McGovern
How do traditional donors begin to move towards the world of impact? This panel will look at the emerging global trends in philanthropy, and then dive into practical and interactive case studies of two donor-specific structures, which foundations can employ to catalyze impact: the use of First Loss Capital, and the new Pymwymic Donate for Impact Fund.
Harry Hummels11:00 - 11:55
Give, Lend or Invest?
Jasper Snoek, William Fitzpatrick, Lauren Booker
The investment committee is you - and practiced IC members of Omidyar Network and Stichting DOEN. Together the two pioneering organizations represent a cumulative 30 years impact investing experience; more than 400 active portfolio companies; and with literally thousands of applicants, have seen all manner of financing requests. Start with the basic considerations of what type of financing is most suited to what stage of impact enterprise - and then join the impromptu investment committee as we review two case studies from our Pitch entrepreneurs, who need layered capital (grant, debt, equity) and ask the questions that help decide what type of investment, when, and into what.
Moderator: Michiel Huisman16:00 - 16:55
|Skills & Structures||Aligned Movements||Case Studies|
|Starts||Track 4||Track 5||Track 6|
|11.00||Catalytic Philanthropy Workshop||To Incubate, or Accelerate?||From Crop to Shop: Connecting Farmers to World Markets|
|12.00||Early Stage Investing||True Price: The Business Case||Seed to Scale: Building Business in Africa|
|16.00||Give, Lend, or Invest?||Why be a B-Corp?||Money & Consciousness: An Experimental Approach|
More to be announced Stay tuned