Verge Capital presentation at the March 1, 2015 London Bridge Network Event

1. www.vergecapital.ca
Local Investment
for Local Impact

2. Tweet with us
@vergeccapital
#impinv
#socfin
#socent
#ldnont

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Impact
Measurement

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8. Mission
VERGE connects caring local investors with local
enterprises that have a social or environmental
mission at their core.
We will promote the growth of social enterprises
and impact investors in our region of London and
surrounding counties.
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OUR MODEL

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Impact
Investors
• Lending Capital Grants
& Investments
• Foundations
• Accredited Investors
• Investor Circles
• Private Investors
Expert &
Advisor
Support
Local
Intermediary
Investment
Ready
Enterprises
Access
to
Capital
Impact +
Return
• Pillar’s Social Enterprise
Program & Consulting Services
• Entrepreneurship Ecosystem
• VERGE Stakeholders &
Volunteers
• Identify Social Enterprises
• Recruit Impact Investors
• Measure Impact
• Build Social Finance Market
• Legal Structure
• Robust Business Model
• Community Bond
• Impact Measurement Plan
• B Corp Assessment
• VERGE Social Enterprise Loan
• Pitch Sessions
• Pool Capital
• Facilitate Investment
• Growth of social enterprises
• Increased investment locally
• Scaled impact
• Culture Shift
OUR MODEL

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Idea Phase
• Coaching
• Business Plan Canvas
• Feasibility
• Connec ons
• Social Enterprise Evalua on
• Build Awareness
Concept Phase
• Strategic Planning ($)
• Financial Check Up ($)
• Business Plan ($)
• Impact Measurement &
Evalua on ($)
Start-Up Phase
• Social Finance Educa on
• Investment Readiness Program
• Wraparound Supports
• Investor Engagement
• Social Investment Metrics
• Build Awareness
SOCIALINNOVATION
Spectrum of Supports
Social Enterprise
Lead: Lore Wrainwright
socialenterprise@pillarnonprofit.ca
Consul ng& Advisory
Services
Lead: Albert Brule
consul ng@pillarnonprofit.ca
Social Finance
Lead: Andre Vashist
Andre.vashist@vergecapital.ca

13. What we do
 Social Enterprise Loan Fund
 Invest in high potential, start up social enterprises
 Measure Impact
 Investor Relations
 Tap into $40 billion of investible assets in our region
 Complementary Intermediary Services
 Ex: Community Bond (Innovation Works)
 Social Finance Leadership = Culture Shift
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15. Social Enterprise Loan
fund
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Work FLow

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Examples of
Success
Investor
Breakfast

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• $100,000 loan
• Fund start up costs including
staff, product and equipment
• Provide training and employment
for persons with disabilities
• Access to quality and affordable
food in Old East Village
• $10,000 loan
• Fund start up costs including
product, staff and marketing
• Provide free access to
laundromat through the sale of
natural laundry products

18. Document Title
Document Subtitle

20. Invested in 3Social
Enterprises!
!
Textbooks For Change
The Old East Village Grocer
For the Love of Laundry
With 3Impact Areas
Catalyzed
$1,250,000
Local Impact
Investments
Global Education
Poverty Aid and Reduction
Employment Opportunities
Tapping Into
Estimated
$40 Billion
Investible Assets
In Our Region
Gained Support
From 8Major
Partners + The
Government Of
Ontario
+!
+!
With $250,000+
In Our Social Enterprise Loan Fund
Ready to Lend to Organizations
With A Social or Environmental
Mission

21. National Place-Based Network
 Member of coast-to-coast place-based social
finance network
 Victoria, Calgary, Winnipeg, London, Toronto, Ottawa,
Charlottetown, St-John’s
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Photo Courtesy
of MaRS Centre
for Impact
Investing

22. Shifting Culture
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We continue to spark conversations to
build a community-based framework
for social finance in the London region

23. www.vergecapital.ca
Social Finance Manager:
andre.vashist@vergecapital.ca
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@VergeCCapital