Taiwan - A Living Social Innovation Lab in Asia • 23M People
• Typhoon + Earthquake
• Democratic System
• Coming Silver Tsunami
• Civil Society - NGOs
• Old Money + New Gen.
• Flourish SMEs
• Limited Govt. Budget
…and increasing Social Problems
Paradigm Shift in Building TW’s SE Ecosystem SE 1.0
Using Business as a Force for Social Good
SE 2.0
2006
2020
2014
Spirit
Social Entrepreneurship +
Social Innovation
Focus
Building Awareness
Scaling Up
Driving Forces
Grassroots & Civil Movement
SE 3.0
+
Impact Investing Weighing Impact
Impact Biz Model Capital Market & & Policy/Deregulation Co-creation 2
• Connecting social entrepreneurs with impact investors and the mainstream • Developing impact investing opportunities which are sustainable and scalable • Being a trustful partner to social entrepreneurs in the emerging eco-system
3
B Current Impact Investment
Past
Present
Fund I - 2014 • Fund size: USD1.6M • Evergreen, recyclable Fund II - 2017 • Fund size: USD2.8M • 7+2 years
• • •
•
Future
• •
2 asset classes based on scalability 10 Investees - all impact businesses USD2.0M + USD4.0M co-invested
Fund III with NDF? for Asia ? ESG/Sustainable Investing ? Social Impact Bond (SiB)?
B Current : A Social Experiment on Club Funding, Multi-stakeholder Collaboration and Co-creation Invitation Only
• Baby Boomer • TW + SV • Gen. “Wintel”
Engaged and Involved
• as Board Director • as Advisor • High Engagement
Equal Amount per Investor per Capital Call • Fund I: US10Kx3 • Fund II:US170K • Totaled 80 Angels
Coevolve by Investing
• as Co-investor • as Fund Raiser • as Sponsor
Not just an Experiment, But also a Movement B Corp Movement for Taiwan and Asia
Benefit Corporation Legislation
Impact/ESG/Sustainable Investing Advocacy
Collaborative Networking w/other Ecosystem Builders
Enabling Business & Impact to Go Hand in Hand • Share the same vision (SDGs!!!) • Shift the paradigm in time (no B-A-U) • Design a structure to fit in (no quick fix) • Collaborate w/multi-stakeholders (no silo) • Break down potential barriers (no wishful thinking) • ”If you're not part of the solution, you're part of the problem.”