Colombian Impact Investing Ecosystem Development and SVX Colombia
Time Period: 2017-Ongoing
Sector: Climate action and biodiversity, gender equality, rural development, Cross-sector
- Over 500 enterprises supported
- 10 impact investing funds starting or scaling their operations
- Start-up of the National Advisory Board (NAB) for Impact Investing in Colombia
Stage: In Operation
Links or Resources: SVX Colombia
Client and/or Partners: National Advisory Board on Impact Investing
Over the past six years, we have worked with Global Affairs Canada (GAC) on impact investing ecosystem strategies in Latin America, particularly in Colombia and Peru. One of the most significant outcomes of that work was the development and launch of an initiative with an aligned mandate to what is being proposed by the Mastercard Foundation: Programa de Apoyo a la Inversión de Impacto en Colombia (PAIIC).
Managed by SVX, PAIIC is an investment readiness program that provides grant capital and capacity support for Colombian businesses, cooperatives, associations, non-for-profit organizations, and funds seeking to start or scale their businesses and social impact, with a particular focus on rural regions, women-led or women serving enterprises, and initiatives advancing biodiversity and nature-based solutions. Seeded by $4 million in funds from the Government of Canada, this capital and capacity building program has the goal of mobilizing at least $10 million in capital towards more inclusive and impactful development.