Impact Expansion announces a first closing above €50m, with the objective of reaching €120m in 2023 for its Fund.
Health related news
HealthQuad, India’s leading healthcare venture capital fund, has announced the final close of its second fund, HealthQuad Fund-II, with a total subscription of $162 million, more than 2.2 times greater than its target size at launch. HealthQuad invests in disruptive healthcare models, typically using technology to achieve reach, scale as well as impact.
Launch of a Social Impact Bond to support Médecins du Monde jail diversion programme for homeless people in Marseille
We are delighted to announce the launch of the AiLSi social impact bond. Operated by Médecins du Monde, this project aims to offer homeless people suffering from severe mental illness and facing justice an alternative to imprisonment through housing and intensive care.
Structured by KOIS, this social impact bond is the largest in terms of amount ever launched in France. It is invested by the European Investment Fund (EIF), BNP Paribas, Groupe Caisse des Dépôts and INCO, with outcome funding from the French government.
Impact Expansion acquired a minority stake in Potential Project. Potential Project partners with large, purpose-driven organisations to help their leaders and employees uncover the power of mind and create more resilience, innovation, engagement at work, with lower stress levels and reduced burnouts.
The Covid-19 vaccine brings hope of an end to the pandemic, but faces great challenges in its roll-out. Ensuring that everyone gets the vaccine as soon as possible will require monumental efforts from public and private sector actors alike. Here are our thoughts on how the private sector can contribute.
Long prophesised and awaited, the consumerization of Indian health has been a well-studied phenomenon. While it has been steadily growing, the segment has not seen a breakout moment. Will this decade bring about change?
As we pen down our thoughts, India continues to navigate uncharted territories as tens of thousands of COVID-19 cases emerge daily. Primary care centres and workers – particularly those in urban areas – have been stretched to maximum capacity to deal with the crisis. A robust primary healthcare system is crucial to tackling health emergencies such as this one. A more potent, resilient, and inclusive healthcare system must emerge from the current crisis. We must take concrete actions to drive this change forward now.
At KOIS, the notion of impact runs deeper than business. Today, we share with you the words of our Founder, François de Borchgrave, as he tells us the story of his son, Igor.
Igor is 7 and a half years old and suffers from a disability that makes him dependent on his family. While he is taken care of today, his family, like many others in Belgium, wonder what will happen when they are no longer there to help him. It is crucial to develop new living spaces for disabled adults in Belgium, which is the drive behind our Founder’s personal project: Tous Ensemble Handicap.
India has seen one of the strictest and longest lockdown due to the COVID-19. The lockdown has significantly affected India’s migrant worker population. While India’s government set up a relief package of nearly $23 billion specifically for migrant workers and the urban poor, the conditions keep many from availing these benefits. Could impact finance help?
While not-for-profit and social organizations play a crucial role in our society, they often struggle in scaling their operations & impact. More than ever, we need to help these impact-driven organisations to attract new and sustainable sources of funding.
In this newsletter, we present our thoughts and finding on how to help scale innovative & impactful business models.