Paradigm shift in building Taiwan's SE ecosystem

Taiwan - A Living Social Innovation Lab in Asia • 23M People

• Typhoon + Earthquake

• Democratic System

• Coming Silver Tsunami

• Civil Society - NGOs

• Old Money + New Gen.

• Flourish SMEs

• Limited Govt. Budget

…and increasing Social Problems

Paradigm Shift in Building TW’s SE Ecosystem SE 1.0

Using Business as a Force for Social Good

SE 2.0

2006

2020

2014

Spirit

Social Entrepreneurship +

Social Innovation

Focus

Building Awareness

Scaling Up

Driving Forces

Grassroots & Civil Movement

SE 3.0

+

Impact Investing Weighing Impact

Impact Biz Model Capital Market & & Policy/Deregulation Co-creation 2

• Connecting social entrepreneurs with impact investors and the mainstream • Developing impact investing opportunities which are sustainable and scalable • Being a trustful partner to social entrepreneurs in the emerging eco-system

3

B Current Impact Investment

Past

Present

Fund I - 2014 • Fund size: USD1.6M • Evergreen, recyclable Fund II - 2017 • Fund size: USD2.8M • 7+2 years

• • •

•

Future

• •

2 asset classes based on scalability 10 Investees - all impact businesses USD2.0M + USD4.0M co-invested

Fund III with NDF? for Asia ?

ESG/Sustainable Investing ?

Social Impact Bond (SiB)?

B Current : A Social Experiment on Club Funding, Multi-stakeholder Collaboration and Co-creation Invitation Only

• Baby Boomer • TW + SV • Gen. “Wintel”

Engaged and Involved

• as Board Director • as Advisor • High Engagement

Equal Amount per Investor per Capital Call • Fund I: US10Kx3 • Fund II:US170K • Totaled 80 Angels

Coevolve by Investing

• as Co-investor • as Fund Raiser • as Sponsor

Not just an Experiment, But also a Movement B Corp Movement for Taiwan and Asia

Benefit Corporation Legislation

Impact/ESG/Sustainable Investing Advocacy

Collaborative Networking w/other Ecosystem Builders

Enabling Business & Impact to Go Hand in Hand • Share the same vision (SDGs!!!)

• Shift the paradigm in time (no B-A-U) • Design a structure to fit in (no quick fix) • Collaborate w/multi-stakeholders (no silo) • Break down potential barriers (no wishful thinking) • ”If you're not part of the solution, you're part of the problem.”