The Soho Loft Media Group and Victoria Global covered the EVPA Site Visit to Investisseurs & Partenaires on 22 – 23 June, 2015 in France
July 10, 2015 – NEW YORK — Senior Executives, Board Members, and Chief Executive Officers of EVPA member organizations converged in Paris, France for a site visit to the Investisseurs & Partenaires (I&P) event. The purpose of I&P was to contribute towards the rising sustainable private sector in the African continent by offering strategic, financial and technical support to nascent and small and medium entreprises. I&P has funded 30 business venture through a 10 million Euro investment leading to maintenance or creation of 1,400 jobs. Investee companies have also attained an average of 30 percent annual growth over the last 3 years. During this EVPA site visit, the I&P team shared experiences on #investing in social enterprise.
According to Chairman of the LDJ Capital, The Soho Loft Media Group and Victoria Global David Drake,”Venture philanthropy is the core of EVPA. We support site visits such as these because they encourage interactions and learning among EVPA members which is an important element in building strong investee organizations. We think that information exchanged in events like these is critical in aiding investors decision making processes when it comes to making social investments. It is a great strategy for achieving high impact investing.”
The EVPA site visit agenda featured experiential and learning sessions on management and impact measurement approaches. Event attendees engaged in discussions around the successes, lessons learnt and past failures in investment management decisions. EVPA members who were in the process of, or were looking to implement impact measurement processes participated in highly productive and interactive discussions on strategies for impact management and the challenges brought about by these experiences, with the I&P team on social enterprise investing.
Kurt Peleman, the Chief Executive Officer at EVPA says, “Social investment and venture philanthropy are early stage sectors that are experiencing rapid growth. As such, there is a great need to create opportunities for our members to share experiences and learn from failures so as to improve EVPA’s work and support social investees looking to make positive change better.”
The European Venture Philanthropy Association is supported by the Omidyar Network, BMW Foundation, Adessium Foundation, Acanthus and the European Commission.
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