NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Thursday, October 24, 2013

The UK is no longer the only country in the world with a ’Social Stock Exchange’. SVX, short for Social Venture Connexion, was launched in Canada in September.

SVX, led by the MaRS Centre for Impact Investing in Toronto, describes itself as a private investment platform built to connect impact ventures, funds and investors in order to catalyse new debt and equity investment capital. The aim of the platform is to enable impact ventures and funds based in the state of Ontario to raise investments of $100,000–$10m (£60,000 – £6m) from accredited impact investors.

Investors will include: “foundations and endowments (private, public or community), financial institutions, asset managers, wealth advisors and high-net-worth individuals that meet the definitional requirements of an accredited investor as per securities regulations.”