IIX Foundation, the non-profit arm of Impact Investment Exchange (IIX), is a pioneer of impact investing on a mission to build pathways to connect the Wall Streets of the world with the backstreets of underserved communities.
Timeline
2002
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
IIX winning the title “Most Innovative Impact Investing Firm – Singapore 2018
awarded by the World Finance Markets. The World Finance Awards are the world’s most premier finance and business awards created to honor excellence, achievements and to create global recognition for the Organizations and for Business Leaders worldwide.
Beginnings of Women’s Health Bond
IIX begins work on the Women’s Health Bond, an innovative financial instrument to mobilize US$100 million from private sector investors to benefit ~2.5 million underserved women in the US through increased access to affordable services across the continuum of care.
IIX launches partnership with Knowledge@Wharton
IIX launches its partnership with Knowledge@Wharton, the online business journal of the Wharton School of the University of Pennsylvania. The feature radio show and podcast series titled “From Back Street To Wall Street”, takes listeners on a journey across the globe to explore how impact investing is connecting the back streets of underserved communities globally to the Wall Streets of the world.
IIX Growth Fund closes its first investment
IIX Growth Fund closes its first investment in PT Green Enterprises Indonesia (GEI), a producer of high-quality, organic, cold-pressed virgin coconut oil and other organic coconut products based in Simeulue Regency, Aceh Province, Indonesia.
Rebranding
IIX celebrates 8 years of pioneering and growing the impact investing space through innovative finance by unveiling a new global identity with a revised logo and a new web presence.
Women’s Livelihood Bond Launches!
IIX launches and lists the Women’s Livelihood Bond, a US$8 million debt security – the world’s first listed financial instrument with a dual focus on social and financial return. Also the world’s first multi-country and multi-sector gender-lens investing instrument, the four-year bond listed on the Singapore Exchange attracted global investor interest from the U.S., Europe, and Asia – with over 60% of investor participation from Asia. This innovative financial structure mobilized capital to support a group of high-impact enteprises and microfinance institutions in Vietam, Cambodia, and the Philippines to impact the lives of over 385,000 women through enhancing credit access, market linkages, resources, and affordable goods and services.
Impact Market Builder of the Year Award
Durreen Shahnaz, founder of IIX Foundation, wins the 2017 Global Steering Group for Impact Investment (GSG) Impact Market Builder of the Year Award for building the infrastructure for social capital markets in Asia.
IIX Foundation branches out to the Pacific
IIX enters new geography: Pacific. IIX participates in Pacific RISE to scope the high-impact SME landscape among three sectors – agriculture, fisheries and eco-tourism – in the Pacific.
IIX Foundation goes to the USA
IIX Foundation is incorporated as a 501(c)(3) non-profit in the United States.
Oslo Business for Peace Award
Durreen Shahnaz, founder of IIX Foundation, wins the 2017 Oslo Business for Peace Award, the ‘Nobel Prize for Business’, for her work in spearheading the transformation of the way financial and capital markets work, focusing on purpose and maximizing impact.
Asia Society’s Asia Game Changer Awards
Durreen wins the Asia Society’s Asia Game Changer Award for pioneering social-impact investing, changing the game for millions.
IIX develops aquaculture knowledge base
IIX enters new sector: Fisheries. IIX commissioned by a nonprofit environmental advocacy group, Environment Defense Fund, to develop an advisory report on financing the transition from overfishing towards sustainable fisheries.
IIX Impact Institute
IIX launches IIX Impact Institute executive certificate program to empower stakeholders to participate in the impact investing movement.
Gender Transformative and Responsible Agribusiness Investments in South East Asia (GRAISEA) program
IIX is selected as a regional partner to the Gender Transformative and Responsible Agribusiness Investments in South East Asia (GRAISEA) program to support SMEs in the agriculture value chain to expand the potential for positive impact on women, thereby advancing gender equality. This regional program is funded by the Swedish International Development Agency and jointly implemented with Oxfam.
Impact Forum 2014: From Niche to Mass
Held for the first time in two locations: Singapore and Paris, the Forum brought together ~500 multidisciplinary delegates to discuss the global emergence of impact investing.
Joseph Wharton Social Impact award
Durreen Shahnaz wins the prestigious Joseph Wharton Social Impact award, which honors a Wharton graduate who has had the greatest impact in public service, social enterprise or philanthropy.
Award winning IIX ACTS program
The IIX ACTS program wins two global awards – the Rockefeller Foundation Innovations in Accelerating Impact Enterprise Challenge, as well as the USAID Partnering to Accelerate Entrepreneurship (PACE) Award – to support impact enterprises in raising private sector investment capital and scaling and deepening their impact.
Beginnings of Women’s Livelihood Bond
IIX announces its Clinton Global Initiative (CGI) Commitment to Action on the Women’s Livelihood Bond at the CGI Annual Meeting
Impact Forum 2013: Investing in Inclusion
From Muhammad Yunus to Wayne Silby, 88 speakers converged at the Forum to share in practical terms how they turn their passion into action to create vital and sustainable capital markets.
Impact Exchange goes live
IIX creates Impact Exchange, the world’s first social stock exchange.
Impact Forum 2012: Igniting capital markets for social good
Exploring the vital role of stakeholders from all industries in impact investing, the Forum proceeded very much in the spirit of Margaret Mead’s words: “never doubt that a small group of thoughtful, committed citizens can change the world. Indeed it’s the only thing that ever has.”
The Impact Chat tradition begins
IIX begins holding Impact Chats for local communities to share their diverse thoughts and perspectives on current and pressing social issues.
Impact Partners kicks off
IIX launches Impact Partners, Asia’s first and largest equity & debt crowdfunding platform, creating a network of impact investors.
The Impact Forum tradition begins
IIX launches Impact Forum – the first platform in Asia showcasing accomplishments in the social enterprise and impact investing industry – bringing together over 150+ delegates in Dhaka.
IIX Foundation established in Singapore
IIX establishes Shujog (now known as IIX Foundation) to support the impact enterprise landscape and develop a market for impact investing.
The founding of Impact Investment Exchange (IIX)
Durreen Shahnaz, with support from Rockefeller Foundation, founds IIX and conceptualizes the world’s first social stock exchange.
The very beginning
The term “Impact Investing” is coined by a small group of global thought leaders in Bellagio in the aftermath of the 2008 financial crisis.
