Program: Ecosystem map of impact investing in Mexico
- Grantee Location: Mexico City
- Focus Area: Social Impact Investment
- Geographic Focus: National
- Amount: $2,000 USD
- Partners: Angel Ventures México, Promotora Social México, FEMSA , Fundemex, IGNIA, Halloran Phillantropies, Nacional Monte de Piedad
Statement of Purpose
The objective of the project is to create a visual representation of the Mexican ecosystem of philanthropy, including its actors and the relationships between them, allowing for the identification of gaps to take actions to strengthen the impact investment sector.
In a roundtable organized by PSM, Anahuac del Sur and Spectron Desarrollo in November 2011, over 30 impact investment industry leaders jointly determined that one of the three priority initiatives to activate growth in the sector was to map the ecosystem and create an organization to represent the sector. In February 2012 at the FLII in Merida, a group of organizations decided that the first of these priority initiatives should be the mapping of the regional ecosystem and this group committed to creating the project. Under the leadership of Spectron and Ashoka, and supported by Halloran and the U.S.-Mexico Foundation, this group of organizations began research to identify synergies with existing projects. This research found that ANDE, with Root Change, was mapping the ANDE members in Mexico and Central America, and therefore, the organizations to collaborate. With the guidance of Root Change, an organization specializing in mapping complex systems with a social mapping methodology, and with the help of a steering committee, Ashoka developed a concrete project proposal based on the needs of the stakeholders.
This is a six-month project to gather survey and interview data about the impact investing sector in Mexico. The project will map the key actors of the supply side of the impact investment sector: investment funds and organizations, incubators, accelerators, academia, government entities, foundations and civil society organizations, provided that these organizations currently have some type of impact investing activity.
The USMF considers that a mapping exercise would be catalytic at this point in time, efforts related to building a culture of social impact investment could establish unprecedented progress in the interactions and alliances formed by the different actors.
The whole idea focuses on identifying players who are willing to invest or contribute from their area of expertise (being foundations, academy, incubators, etc) to making social impact in a sustainable way.