Tag Archives: toronto

The SVX – Toronto’s Social Venture Exchange by Ray Dinning, JD, LLM and social venture lawyer

The Toronto Social Venture Exchange (www.thesvx.org) may have the potential to provide social venture capital to a much larger, global market.  Patterned after the successful Toronto Stock Exchange (TSX), the SVX is designed to attached investors into selected social venture projects in a stock exchange format.  The SVX, therefore, has the opportunity to attract social venture capital from a  worldwide social investor pool to be “invested” into social ventures worldwide.  Insiders at the SVX stated that “the SVX should be launched formally in May, 2012.”

Founded as a collaborative effort by Adam Spence and socially-minded Toronto professional firms and companies, the SVX is a excellent concept that could shape the formation of future social venture exchanges on a worldwide basis.  With the advent of  the B Corporation (social benefit corporation) and similar business/social business entity structures, a social stock exchange could also be envisioned in the future.

These are all excellent ideas that will evolve over the next two years into what could be the future of social venture capital – let’s get past angel investors and micro lending and into the world financial markets – to create worldwide social change through social entrepreneurship, social ventures and transformational change.

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Social Venture Due Diligence – The Acumen Fund’s BACO Analysis by Ray Dinning, JD, LLM,

The Acumen Fund has developed a rigorous, yet effective due diligence tool to measure the cost of capital between social venture funding available.  BACO is “best available charitable option” where “the point of the analysis is to inform our portfolio decision-making with a quantifiable indication of whether our social investment will “outperform” a plausible alternative.”

While the Acumen Fund has garnered acclaim, new social innovators such as the Toronto Social Venture Exchange (www.thesvx.org) may have the potential to provide social venture capital to a much larger, global market.  Patterned after the successful Toronto Stock Exchange (TSX), the SVX is designed to attached investors into selected social venture projects in a stock exchange format.  The SVX, therefore, has the opportunity to attract social venture capital from a  worldwide social investor pool to be “invested” into social ventures worldwide.  Insiders at the SVX stated that “the SVX should be launched formally in May, 2012.”

The SVX is one social venture capital project to watch closely in 2012.

 

BACO Concept Paper final_B1cNOVEM

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