Who can become a member of Impact Partners?
Impact Partners include a wide range of investors including high net worth individuals, family offices, foundations, institutions and funds. The two main criteria for membership are that the investor:
(1) seeks to make investments that promote social and/or environmental benefits and
(2) meets the legal definition of 'accredited', 'institutional,' 'professional' and/or 'qualified' investors, as the case may be, in their jurisdiction of residence or incorporation so that they are able to take part in private placements under the laws and regulations of such jurisdiction.
In Singapore, an Accredited Investor is an individual whose net personal assets exceed SGD $2 million or whose income in the preceding 12 months is at least SGD $300,000, or a corporation with net assets in excess of SGD $10 million as per its most recently audited balance sheet. Institutional Investors include banks, pension funds, collective investment schemes, fund managers, insurance companies, and most holders of a capital markets license.
For further clarification, refer to the Investor Agreement and Terms and Conditions (T&Cs) sections of the Investor Registration Form.
Is there a fee to join Impact Partners?[top]
There is no fee for investors to join the Impact Partners platform.
Does Impact Partners charge introducers' fees when an investor makes an investment?
IIX does not charge fees to impact investors for participation in the Impact Partners platform or upon investment in Impact Enterprises (IEs) introduced by IIX through the Impact Partners platform.
However impact investors who are registered on the platform as of 18th September 2014 ("Effective Date") will still be liable for the Impact Partners fee for any investment made in an IE which was listed on the platform prior to the Effective Date. This is because the IEs have already been signed to the prior fee regime.
How can I register as an investor?
Eligible investors may register as an Impact Partners investor member by completing the Investor Registration Form.
Once an investor completes the online investor Registration Form and is verified as accredited, she/he will be assigned a log-in username and password. Due to the need to conduct due diligence on registrants, there may be a time lag of a several days from when an investor registers to when she/he can log in. The Impact Partners team verifies the investors' eligibility for memberships and carries out additional “know your client" due diligence using the information provided by the investor during registration. The due diligence may include internal background checks, public searches and other inquiries when appropriate. Once the due diligence is completed, the account will be activated and the investor will be notified by email.
Thereafter, the investor will be able to log in at any time and have full access to the investment opportunities on the Impact Partners website.
Can investors co-invest with other investors in an investment opportunity?
Yes, an investor can co-invest with other investors on Impact Partners. However, the ability to co-invest may vary on a case-by-case basis depending on the IE's funding requirements and/or the lead investor's preference on the deal structure.
Once an investor indicates a desire to co-invest in a deal, and the IE and lead investor agree to this, Impact Partners will notify the potential co-investor(s) and invite participation in the investment.
If an investor wishes to bring in co-investors who are not yet members of the Impact Partners platform, these co-investors must first register as members of Impact Partners. Sharing specific information relating to the IEs listed on the website with non-members or introducing non-members to the IE directly would be considered a breach of the T&Cs of the platform. We are reliant on the ethics and integrity of our investors to comply with the T&Cs.
Is there a minimum investment size?
Impact Partners does not currently specify a minimum investment size. However, as a guideline, most IEs listed on the platform will be seeking to raise at least USD $100,000. This amount may come from one or several investors, so individual investment amounts may be substantially less than this amount in certain transactions.
What are the types of return on an impact investment?[top]
Impact Partners profiles IEs seeking impact investments that offer the prospect of achieving a positive social and/or environmental impact in addition to financial return.
As with any investment, the financial return that the investor achieves will depend on a variety of factors including the financial performance of the enterprise and the availability of a ready buyer if the investor wishes to exit the investment.
A number of tools and methodologies exist for assessing the social and/or environmental impact of the IE. These include social metrics such as Impact Reporting and Investment Standards (IRIS), rating tools such as Global Impact Investing Rating System (GIIRS) and impact assessment principles such as those found in the Social Return on Investment (SROI) methodology. Impact Partners provides information on the social and/or environmental impact of each IE profiled on the platform using a selection of these tools utilized by independent third parties.
also equips IEs with the tools and knowledge they need to measure and report their social and/or environmental impact, thereby building organizational capacity for strategic management and maximizing value creation for an IE's funders and stakeholders. To do so, IIX employs its proprietary Sustainability framework to analyze the IE's value chain and conducts an actionable gaps analysis, contributing to action-oriented recommendations for the IE. IIX calculates the value created by the enterprise and provides a measure of efficiency in mission realization.
For more information about IIX Impact Assessment, please click here or email us at firstname.lastname@example.org
Can the investor bypass Impact Partners and contact the Impact Enterprise directly?
Impact Partners must be kept abreast of any current or future communication between an investor and any IE on the platform.
It would be considered a breach of the T&Cs if an investor approaches any IE directly without informing Impact Partners. The T&C's apply to any investment made in an IE within two years of it being showcased on the Impact Partners platform.
Can an investor from a country with overseas investment restrictions become an investor on Impact Partners?
Yes, Impact Partners showcases investment opportunities from many countries across the globe. Thus, an investor from a country with overseas investment restrictions can utilize Impact Partners to invest in an IE based in the investor's own country. Once the investment process begins, local lawyers can be engaged to structure the deal appropriately. The investment can usually be made in local currency as well.
Are there any tax benefits that apply to impact investments in Singapore?
Yes, qualified investors may apply for a deduction from their Singapore taxes under the Angel Investor Tax Deduction Scheme (AITD). The scheme aims to stimulate business angel investments into Singapore-based start-ups and encourage more Angel Investors to add strategic value to these start-ups.
The Scheme applies to an approved Angel Investor who commits a minimum of S$ 100,000 in a qualifying start-up. An approved Angel Investor can apply for a tax deduction, equal to 50% of his investment amount at the end of a two-year holding period. The tax deduction is subject to a cap of S$ 250,000 and is offset against the total taxable income of the Angel Investor for that year.
For further information about the AITD Scheme and how you can apply, follow the link to the Spring Singapore website
For additional questions, email us at email@example.com
I have forgotten my log in details. How do I retrieve them?[top]
Please click here to retrieve your password.
IIX is not authorized to represent investees or impact investors. IIX does not advise on the merits or risks of investing nor does IIX make offers to sell or trade any securities. No action taken by IIX with respect to the Impact Partners platform shall be construed to constitute the provision of corporate finance advice or an offer or sale of securities in any jurisdiction.