March 17, 2013

Toniic EGuide to Early-Stage Global Impact Investing (2013)

ToniiceguidecoverToniic is global community of asset owners seeking deeper positive net impact across the spectrum of capital. In 2012, with grant support from the Rockefeller Foundation, Toniic commissioned CASE i3 to write an electronic handbook for the Toniic angel network on early stage investor practice.

On November 25, 2013, CASE i3 and Toniic released a first-of-its-kind online primer, the “Toniic E-Guide to Early-Stage Global Impact Investing.Sourced from the experiences of the Toniic Network’s member investors, CASE i3 wrote this e-guide as 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.



CONTENTS: The guide includes:

  • A brief overview of impact investing;
  • A detailed “7-Step Framework”, based on feedback from global impact investors on how to develop your own investment strategy;

  • Four case studies that explore enterprise development and the types of capital and resources accessed;
    • Healthpoint Services – Transforming Healthcare in India
    • BioLite – Parallel Innovation to Spur Growth and Impact
    • Liberty & Justice – Creating Empowerment in Africa
    • SMV Wheels – Asset Ownership for Rickshaw Drivers in India
  • Regional guides that illustrate legal and practical challenges in six major regions across the globe, including lessons learned and peer contact information.
    • 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


“Toniic’s very valuable E-Guide has the tools to start or enhance your investment strategy whether your goal is to build value close to home or around the world.”

—Elizabeth Littlefield, CEO and President, OPIC


“For many impact investors, “impact” is the shortest line between capital and community. With this guide, Toniic offers those interested in walking that line meaningful guidance and tools based upon the actual experience of its members making early-stage investments in communities around the world. The Guide walks readers through each stage of an effective investment process from strategy development to term setting and monitoring of the impact investment. It is a real step forward in building our common body of knowledge for moving from good intent to good investing”.

—Jed Emerson, Chief Impact Strategist, ImpactAssets


“The Toniic E-Guide provides actionable frameworks and concrete insights for how investors who are interested in helping grow to scale early-stage impact enterprises can do well by doing good. What I really like about it is that it takes the reader from the starting point of setting priorities for an impact investment strategy all the way through to the end goal of holding accountability over performance metrics, and along the way highlights the potential pitfalls and opportunities of which investors should be mindful”.

—Abigail Noble, Head of Impact Investing Initiatives, Investors Industries, World Economic Forum


“Toniic’s E-Guide: Early-Stage Global Impact Investing is a must-read for both impact investors and those who would like to attract early-stage impact investments. This guide delivers a trifecta of wins to its readers—an analytical framework, case studies and regional guides”

—Deborah Burand, Director, International Transactions Clinic, University of Michigan Law School


“This E-Guide from Toniic provides vital information to help those looking to invest in social enterprises that benefit the poor or vulnerable. The diverse case studies contained within this guide come from around the world, and demonstrate the power of layering grant and investment capital to propel the impact investing industry forward. These examples bring valuable perspective from those working on the frontline, and show impact investing in action”.

—Zia Khan, Vice President, Initiatives and Strategy at The Rockefeller Foundation


“A valuable guide for impact entrepreneurs and investors”.

—Sir Ronald Cohen, Chair of Big Society Capital



CASE i3 attends Toniic Member Retreat 2012