avpn conference day 1 - southeast asia
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AVPN Conference Day 1 - Southeast AsiaTRANSCRIPT
Regional Insights:Southeast AsiaSpeakers:Ingrid Stange, Founder of Partnership for ChangeChan Ying Lock, COO of SE HubPranaiya Oulapathorn, Network Partner of ChangeFusionJoan Yao, Investment Manager at LGT Venture Philanthropy
Moderated by:Watanan Petersik, Founder of Asia Capital Advisory
Apr 8, 2023 | Page 2
Overview of Southeast Asia
Total population: 620M
11 countries: Myanmar, Thailand, Laos, Cambodia, Vietnam, Malaysia, Singapore, the Philippines, Indonesia, Brunei, E. Timor
Range of per capita income: ~US$ 900 - 51K
Key opportunity in 2015: ASEAN Free Trade Agreement in effect
Apr 8, 2023 | Page 3
Regional patchwork – “Uncoordinated Evolution”
IncubatorsDomestic
Funds
NetworksInterme-diaries
Govt support
Indonesiax X X x -
Thailandx x x X x
VietnamX x x X -
Philippinesx x X x -
SingaporeX x X x X
Cambodia- x - - -
Malaysiax x x x -
Apr 8, 2023 | Page 4
International/Regional Funds in SE Asia
Impact Investing Funds VP Funds
Bamboo Finance Partners for Change (Myanmar only)
Insitor ApVentures
LGTVP Arun LLC (Cambodia only)
IIX (Intermediary) The One Fund (Vietnam only)
Unitus Impact
Leapfrog
Ingrid StangeFounder
Partnership for Change
Building a business community to ensure sustainable democracy in fragile states Asian Venture Philanthropy NetworkSingapore May 9th 2013
What does it take for the sun to stay up?
- Political will- Governance- Infrastucture- Resources
- Human resources- Natural resources
- Environmental sustainability
- Thriving business community
…and a feeling of common ground…
Where can we play a role?
Basic support• Training teachers• Primary schools• Elementary schools• Mother and child care• HIV/Aids care
Entrepreneurial grants and soft loans
• Vocational Schools• Academic education• Cultural development• Entrepreneurial training• Language training• Hospitality Services• Off grid energy• Digital literacy and service
Our Approach: entrepreneurial grants and soft loans
• Identify market needs
• Find the entrepreneur
• Define development needs
• Develop business plan
• Finance and implement
• Follow up and measure impact
• Scale ?
Because peace and democratization processes will not sustain without a thriving community of SMEs
Chan Ying LockCOO
SE Hub
Investment & Loans Social Enterprises
O Benefit the disadvantaged
O Financially sustainable
Micro Business Loans
Low Income Individuals
O Giving hopeO Improving
livelihood
ImpactSocial enterprises
benefiting disadvantaged
Laksania
Chan Ying [email protected]
Individual beneficiaries
Walter [email protected]
Venture Philanthropy trend in Singapore
O CharitiesO GovernmentO FoundationsO Public-private partnershipO CSRO Capacity builders and Social
enterprises
Pranaiya OulapathornNetwork Partner (TYPN)
ChangeFusion
Joan YaoInvestment Manager
LGT Venture Philanthropy
Add date
Private & Confidential
LGT Venture PhilanthropyCreating a Smiling World
LGT VP in Southeast AsiaSuccesses, challenges, trends and opportunities
Private & Confidential
LGT Venture Philanthropy – Introduction: Our team and networks
Our global team is based in six regions and passionate about creating societal impact
LGT Venture Philanthropy is supported by different competence centers within LGT Group such as legal department, HR, accounting, marketing and asset management.
LGT Group is the largest private wealth & asset management group in Europe to be entirely owned as a family business. The LGT Group Foundation is wholly owned by the Prince of Liechtenstein Foundation, and has a strong global presence with around 1’700 employees in
more than 20 locations in Europe, Asia and the Middle East.
Countries with local teams and board
Countries with activity and
networks
Board members
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Locally and globally, we work with many network and cooperation partners, such as:
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LGT Venture Philanthropy – Smiling World Accelerator Program
Through its Accelerator Program, LGT VP has invested in 6 early-stage social enterprises and forged stronger partnerships regionally
Social impact /
scale
Time0.5-2 YEARS 1-5 YEARS 3-7 YEARS
Early phase
Expansion phase
Idea / start-up phase
Mature phase
Financial support
Grants, seed fundingUSD 2k – USD 30k
Angel investorsUSD 10k – USD 200k
Expansion fundingUSD 200k - USD 10M
Intellectual support
Mentoring, business plan writing, strategy consulting
Research and development
With early-stage support
Without early-stage support
SWAP
LGT VP Core Investment Area
Organizational capacity-building, HR, systems and infrastructure
Institutional fundingUSD 10M and up
Since 2007, LGT VP has evaluated more than 5’000 opportunities in 6 regions, but only invested in 26 Young organizations struggle to scale-up due to lack of clear plans / strategies, unproven business models, and weak /
inexperienced management teams Incubators / contests exist, but management know-how / experience to support impact-first companies is limited Angel investor networks for social enterprises are not yet functioning well in many regions Willing mentors / angel investors have difficulty identifying right targets High quality deal pipeline for impact investors still weak in many regions
LGT Venture Philanthropy – Overview on Southeast Asia
A growing VP/II community, but increased coordination and more effective capacity-building is needed
Incubators and accelerators on the rise Local funds starting to get mobilized
Various HNWIs
A push towards “inclusive business”
Ecosystem-building initiatives
More international investors enteringSoutheast Asia
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LGT Venture Philanthropy – Contact
Contact information
SupportLGT Venture Philanthropy is funded through substantial contributions from each of the following LGT Group companies: LGT Bank in Liechtenstein Ltd., LGT Bank (Switzerland) Ltd., LGT Bank (Österreich) AG, LGT Bank (Singapore) Ltd., LGT Capital Management Ltd. and LGT Capital Partners Ltd.
It all starts with a personal conversation. Contact us to arrange a meeting.
Joan Yao Phone: +63 917 811 5831
Investment Manager Email: [email protected]
Wolfgang Hafenmayer Phone: +41 44 256 8117
Managing Partner Email: [email protected]
Website: www.lgtvp.com
SWAP Program: www.lgtvp.com/swap
Regional Insights:Southeast AsiaSpeakers:Ingrid Stange, Founder of Partnership for ChangeChan Ying Lock, COO of SE HubPranaiya Oulapathorn, Network Partner of ChangeFusionJoan Yao, Investment Manager at LGT Venture Philanthropy
Moderated by:Watanan Petersik, Founder of Asia Capital Advisory
Lunch: 12.55 – 2pmLevel 4 foyer (lunch tables provided in this room)
Sector Drilldown: 2.10 – 3.10pm
• Children & Education: Room 4.1• Healthcare: Room 6.1• Expanding Financial Inclusion: MRA• Water: Level 14 Dining Room