The IIPC is pleased to announce the following recipients for IIPC Fellowship and Research Grant Awards. The awards are intended to enable researchers to explore new areas – both geographies and topics – to cultivate greater interest in the field and further expand the network of researchers and advocates considering impact investing policy issues.
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2013 Research Fellowships
Global: Mapping The Impact Investing Activities Of DFIs
IIPC Fellow Cristina Garmendia, gov-tech entrepreneur and recent MPP graduate from Harvard Kennedy School of Government, will be mapping the impact investing activities of development finance institutions.
Click here for the latest updates on the work done by the author.
2012 Research Fellowships
IIPC Fellowship in Impact Investing & Policy Innovation, supported by Rockefeller Foundation.
Canada: Examining The Potential Of Equity-Tax Credits
Douglas Pawson will be working with the Carleton Centre for Community Innovation (3Ci) and the MaRS Centre for Impact Investing to examine the existing implementation of equity- tax credits in Nova Scotia and their potential applicability in other geographies.
Background: Within a period of fiscal restraint and partisan politics at the provincial and federal levels of government, examining existing tax and regulatory frameworks (including the equity-tax credit scheme) may provide the incremental change required to grow the market space for impact investing in Canada.
Germany: Mapping The Impact Investing Market
Katharina Höchstädter, a doctoral student in the field of social investment at the University of Hamburg, will be mapping the impact investing market in Germany in order to understand the role of government in supporting those activities.
Background: Germany’s economic size, political influence and relevance as a role model in continental Europe provides immense potential for impact investing. However, to date, the German impact investing market has been understudied.
Morocco: Conditions And Potential For Building An Impact Investing Market
Lena Lütjens-Schilling, a doctoral student at the University of Hamburg, will work with several in-country partners to introduce the concept of impact investing in the context of a new Moroccan development agenda.
Background: After constitutional changes in 2011 and the setup of a new development agenda as reactions to existing social challenges and the political riots during the Arab spring, Morocco set ambitious goals in market-led social and economic development.
Impact Investing Policy Collaborative Research Grants
Mapping The Market: Conditions and Potential for Building an Impact Investment Market in Morocco
This publication is a result of the Impact Investing Policy Collaborative (IIPC) Fellowship in Impact Investing & Policy Innovation, supported by the Rockefeller Foundation and awarded in 2012.
Authored by Lena Lütjens-Schilling, a fellow at the IIPC, in cooperation with Professor Dr. Barbara Scheck from the University of Hamburg, this report presents the findings of a research project that aims to analyze the potential and building of an impact investing market in Morocco by analyzing market conditions and potential policies to raise private investments for social and ecological businesses.
Hong Kong: Developing a Social Enterprise and Impact Investing Ecosystem
Asia Community Ventures will recommend how to incrementally build a policy approach in Hong Kong that will grow opportunities for impact investing.
Background: As the Hong Kong impact investing markets are still nascent, this project will investigate the Hong Kong Special Administrative Region (HKSAR) government’s policy approach to the creation, implementation and management of dedicated government funds designed to deliver social impact and drive the establishment of social enterprises.
India: Planning Institutional Engagement For Impact Disclosure
CKinetics – with engagement from the German Agency for International Cooperation (GIZ) and the Indian Institute of Corporate Affairs (IICA) – will investigate the policy origins of the National Voluntary Guidelines for Social, Environmental and Economic Responsibilities of Business (NVG-SEE), the implementation plan for the guidelines and the anticipated challenges.
Background: Recently, India’s social investment sector has seen a more intense focus on social and environmental performance disclosure. Recently India’s Ministry of Corporate Affairs mandated that the top 100 listed companies by the Securities and Exchange Board of India report their social and environmental impact.
Turkey: Building An Impact Investing Marketplace
The research project, hosted at the Istanbul Policy Center at Sabanci University, will examine the landscape for impact investing and social entrepreneurship in Turkey and review best practice business models that are suitable within the Turkish context.
Background: Impact investing presents an important tool to address the substantial social and environmental challenges in Turkey, with a growing number of social entrepreneurs and intermediaries emerging to develop innovative business-minded solutions and financing vehicles. However, the market is still in its infancy, and the question arises as to what role the Turkish government can play in shaping the emerging ecosystem.