Finance for Change: Leveraging Finance for Positive Impact
Finance for Change offers a range of formats to get inspired, learn, connect and invest. It is an Impact Hub Berlin program initiated and developed in collaboration with Social Impact Markets. Embedded in the Impact Hub Berlin and its network of 80+ locations around the world, Finance for Change link to finance programs and initiatives that run throughout the Impact Hub Network. The Investor Bootcamp is the first in a line of the new Impact Hub Berlin offerings under the Finance for Change program.
Why Finance for Change?
A new generation of entrepreneurs uses innovation and entrepreneurial means to tackle social and environmental challenges. Whether they revolutionise production technology in the garment sector, create entrepreneurial services for refugees or tailor mobile solutions for underserved communities, those entrepreneurs have proven to be highly effective in tackling some of the world’s most pressing social and environmental challenges. But impact-driven entrepreneurs are not able to unfold their full potential. They lack financial capital in addition to human and social capital especially in the early stages of their development as well as a conducive ecosystem.
In the last decade there has been tremendous interest and investment activity in innovative investment and finance products and vehicles that achieve both financial return as well as social and envrionemntal benefits.
According to the annual impact investing survey by JP Morgan, the global volume f impact oriented investment assets under management increased by 30% between 2012 and 2014 and is currently estimated at EUR 11 billion.
In both developing and developed countries the number of financial institutions, corporations but also development organisations and foundations exploring new opportunities in this new field is increasing. A growing number of investment funds pursue an impact oriented investment strategy and actively invest in impact-driven enterprises and businesses, social greenfield projects, entrepreneurial social organisations as well as innovative financial service providers.
Finance for Change has been created as a catalytic offering to make the nascent field of impact-oriented investing and innovative finance accessible to a wider audience in both the D-A-CH region and other European countries.