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Newsletter - June 2018
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Welcoming Dan Madhavan to Perth

Dan Madhavan, CEO of Impact Investment Group (and Founding CEO of Impact Investing Australia) Joins Us For Our 3rd Annual Showcase


We're excited to announce that Dan Madhavan will be Impact Seed's guest and keynote speaker at our 3rd annual showcase event, the 2018 Impact Seed Pitch Night for investable early-stage impact ventures. 

Dan is the CEO of Impact Investment Group, a leading Australian impact investment funds manager. The IIG mission is to shift capital towards investments that blend financial returns with deep social and environmental impact, and to lead by example in using all of its resources to create the world we want to live in.

Dan joined IIG in 2017 after almost three years serving as the founding CEO of Impact Investing Australia, an independent non-profit organisation dedicated to growing and developing impact investing as a field and ecosystem.  Previously, he had a distinguished 12-year career at JB Were and Goldman Sachs JB Were, where he served in a variety of roles including as Acting CEO, Chief Operating Officer and Head of NSW.

In addition to his executive experience Dan is Chair of YGAP, a non-profit organization supporting impact entrepreneurs in developing countries, and is a Director of Sanfilippo Childrens Foundation. 

 

Dan joins us to speak on the importance of growing an impact investment and social enterprise ecosystem, to create the world we want to live in, and shares stories from his many years in this space. 
 
We're thrilled to welcome Dan back to Western Australia for our showcase pitch event and looking forward to an evening of learning, networking and some of the best up and coming impact business pitches WA has to offer. Book now.  Seating is limited.

BOOK NOW. SEATS ARE LIMITED.

2018 Social Impact Festival Almost Here!

The past 12 months has flown by and the Social Impact Festival is here again in its 4th outing.  This is WA's premier festival of all things impact, and attracts 20,000 changemakers from home and abroad each year.

We had the privilege of being part of this festival since the beginning, and Impact Seed's own beginnings came about in the first year the festival ran - 2015 - subsequently hosting the 2016, 2017 and now 2018 Pitch Nights as part of the festival.

This year we are proud to support not one but four events through this year's festival.  Check them out below and see the full program of festival events as it evolves towards launch in a few weeks time here

 
Check Out All Impact Seed Festival Events Here
ImpactSpark fills an education gap in the WA startup ecosystem, providing early-stage startup founders with a set of competency-oriented, transferable skills to commercialise their businesses.

ImpactSpark's 2018 Graduates Are on Show at Social Impact Festival 2018. Save the Date! 


ImpactSpark fills an education gap in the WA startup ecosystem, and we're getting to the pointy end of our inaugural 2018 program providing early-stage startup founders with a set of competency-oriented, transferable skills to commercialise their businesses.

With just a month to go before graduation, we want to take this opportunity to thank the wonderful team of domain experts who have generously facilitated and mentored our 9 founders across 10 intensive workshops over the past 4 months.

Thanks to everyone in our community of founders, facilitators, mentors and supporters for your dedication, commitment and hard work. It's just flying by, and we're looking forward to the the homegrown success stories that come out of this program. 

This incomplete list in no particular order acknowledges the support of some of these wonderful people: Adam James, Anthony Joy, Es Chandra, Scott Bywaters, Katrina Stratton, Lee Partridge, Bonnie Lin, Madeleen Rousseau, Carel Smit, Sarah Mateljan, Tom Kooy, Nick Stamatiou, Derek Gerrard, Anita Sykes-Kelleher, Katie Liew, Fiona Bettesworth, Emily Goodger, Karen Wellington, Haweya Ismail, Pete Winn, Alina Racu, Stephanie Dowden, John Forfar.

Soon we'll be profiling some of our 2018 graduates and their business, but in the meantime..
 

19th & 20th July: Save the date..

Come down to the UWA Business School during the Social Impact Summit (and Impact Seed Pitch Night) on 19th and 20th July to meet and get to know some of our up and coming entrepreneurs and learn more about their homegrown WA profit for purpose businesses.

Our Top Articles of the Month


We’ve trawled the innards of the internet to bring you a curated look at the world of impact investment, innovation, social businesses, critical thought and reflection, with a smattering of events and news.

 
1) Social and environmental impact is the global growth story. In a global system, there are no externalities. Inclusion pays off. 
https://medium.com/@davidmbank/pushing-impact-investing-beyond-neoliberalism-d3b132bcf778

2) The SDGs Are An Opportunity, Not Just A Challenge. How does your investment portfolio stack up against the UN Sustainable Development Goals?
 https://www.forbes.com/sites/michelegiddens/2018/05/24/the-sdgs-are-an-opportunity-not-just-a-challenge/#166de7ae3ef5


3) CEOs benefit their businesses by partnering across sectors with govt, NFPs, and communities. When these partnerships are done well, they lead to solutions where leaders can measure their profit and purpose and impact in a unified way for best outcomes for all stakeholders - not just shareholders
https://hbr.org/2018/05/how-companies-governments-and-nonprofits-can-create-social-change-together

 
4) "In '99 I went from providing VC to startups and on into the social sector, consulting to nonprofits. While tech overlooked social impact, not for profits had a similar blind spot when it came to the value of business. This was my first real intro to the power of integrative thinking" 
https://nextbillion.net/beyond-evil-capitalists-vs-righteous-social-workers-innovating-solutions-with-integrative-thinking/

5) Jean Case, of Case Foundation explains why impact investing is growing so strongly in this CNN interview. 
https://www.facebook.com/9aCNNMoney/videos/2163010767049035/

6) Victoria has launched a “whole-of-government approach” to social procurement, with the Andrews government leveraging its significant buying power to bolster the state’s social enterprise sector. Clearly not "WA First" but hopefully "WA Next"
https://probonoaustralia.com.au/news/2018/04/victoria-launches-australian-first-social-procurement-framework/

7) "Social enterprises now account for 3 to 5 percent of U.S. GDP – twice as much as Silicon Valley. Ninety-one percent of millennials would rather buy from companies associated with a social cause".  (the smart money in WA innovation and investment is moving to catch this wave of business with a social mission front and centre)
 https://nextbillion.net/its-bigger-than-silicon-valley-but-is-it-right-for-you-assessing-a-move-to-impact-investing/

 
8) Food is the world's biggest business. $7 Trillion each year.  Opportunity abounds in times of change and 2018 is a booming year for food systems change.  Disaggregatiion, disintermediation, disruption..Every week we see new innovations and interventions that put communities at the centre of restoring our food systems, reconnecting producers and consumers.  "From clearing to fertilisers to packaging, food production contributes ~50% of greenhouse gas. 40% of Earth’s available land is used for growing food. We need #foodsystem change. One place to start is food waste; and farming is in a unique period of transition, and society has never been more equipped to adapt" 
http://news.trust.org/item/20180524135145-3urwv/

 
9) Environmental, Social and Governance. Not just Financial. What Institutional Investors Are Saying About Sustainable Investing
https://seekingalpha.com/article/4177046-esg-institutional-investors-saying-sustainable-investing

 
10) Businesses whose social responsibility is just a hard cost (or worse, a greenwashing exercise) are transparent..and dead as far as consumers under 40 are concerned according to this new Deloitte report. The days of businesses that don't focus values, community and environment are numbered.  The successful businesses of today and tomorrow identify, align, and then embrace their social missions. 
http://mobile.abc.net.au/news/2018-05-16/not-just-about-the-money,-millennials-say/9766104
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