Report: Toniic E-Guide to Early-Stage Global Impact Investing


November 25, 2013. CASE i3 and the Toniic Institute have released a first-of-its-kind online primer, the “Toniic E-Guide to Early-Stage Global Impact Investing.Production of the guide was madepossible by a grant from The Rockefeller Foundation. Sourced from the experiences of the Toniic Network’s member investors, this e-guide is a fundamental reference for anyone seeking to understand how to successfully invest at the early stage for both a financial return and social or environmental impact.

The guide includes:

        • A brief overview of impact investing;
        • A detailed “7-Step Framework”, based on feedback from global impact investors starting with developing your own investment strategy;
        • Four case studies that explore enterprise development and the types of capital and resources accessed; and
        • Regional guides that illustrate legal and practical challenges in six major regions across the globe, including lessons learned and peer contact information.

Click here to download a PDF the guide in English or Spanish or read the press release on the guide. Together with the lessons from CASE i3’s Impact Investing 2.0 project, this project continues our efforts to help promote carefully documented lessons from real practitioners on how to be successful at impact investing.

Links to Read the Guide Online:

Report Home and Contents Page

The 7-Step Framework

Step 1: Developing an Investment Strategy

Step 2: Sourcing an Investment Pipeline

Step 3: Conducting Due Diligence

Step 4: Getting to Deal Terms

Step 5: Managing Investments for Mutual Success

Step 6: Assessing and Achieving Performance

Step 7: Cultivating Lessons for Impact Investing


Case Studies

We include here four case studies that represent interesting investment stories that have emerged within the Toniic network. Each case study tracks the significant kinds of engagement and support, as well as capital, the companies received as they evolved from high-risk start-ups to more investable enterprises. We provide a graphic map of the sequence over time of debt, equity and business support provided to the investees by multiple partners. We believe these case studies exemplify the important network of collaboration that early-stage global impact entrepreneurs often need to succeed.

1. Healthpoint Services – Transforming Healthcare in India

2. BioLite – Parallel Innovation to Spur Growth and Impact

3. Liberty & Justice – Creating Empowerment in Africa

4. SMV Wheels – Asset Ownership for Rickshaw Drivers in India

Regional Investment Guides

Short Regional Guides help investors understand some of the legal and practical challenges in investing in major regions around the globe, as well as providing some contacts and lessons from a featured deal in the regions below:

Investing in Asia
Investing in Europe/United Kingdom
Investing in India
Investing in Latin America
Investing in Sub-Saharan Africa
Investing in the United States

Read About Us to learn more about Toniic, as well as CASE i3, the research partner who helped write this guide. This section includes acknowledgements for our funders, partners, members and friends without whom this work would not have been possible.