For Impact Enterprises

IIX ACTS provides a combination of subsidies and reimbursable advances to help Impact Enterprises access specialist support to prepare for investment. See below for further details of how it works and how to get involved.

This page provides links to a range of toolkits, templates and other resources that may be useful to IEs preparing to raise capital.

More information coming soon

What Support Does ACTS provide

ACTS provides support for Impact Enterprises (IEs) to receive technical assistance in some or all of the following areas:

  1. A compelling business plan
  2. A robust financial model
  3. A rigorous social impact assessment
  4. A proposed set of terms for the investment
  5. A persuasive investor presentation
How Is The Support Delivered


The social impact assessment is delivered by IIX’s specialist team and is fully subsidized for all participating IEs. This will involve a series of phone calls and emails with the Assessment team to understand your needs, followed by a 2-3 day visit from IIX staff where we would work with your team to establish or refine a framework of articulating and measuring your impact.

We would also expect to interview your beneficiaries and key stakeholders to inform the assumptions and rationale used in calculating and forecasting your impact. After the field visit, we will work with you over 4-6 weeks to produce a summary report and a spreadsheet setting out your current and forecast impact. We will also provide you with advice and tools on what data to collect in order to track your impact going forward.


The other four elements of support (business plan, financial model, draft terms and investor presentation) are delivered by a registered Technical Assistance Provider (TAP) – an experienced provider working in partnership with IIX Foundation, formerly known as Shujog.

IIX ACTS works with a range of different TAPS, each of which has their own approach to supporting IEs. Before applying to ACTS, you will have the opportunity to speak to the TAPS and decide which TAP offers the service most suited to your needs. This TAP will then work with you to confirm that you meet the ACTS criteria, clarify your exact needs and submit an application for ACTS funding.

Funding Mechanism

ACTS is a donor-backed fund, currently supported by the Rockefeller Foundation and the JPMorgan Chase Foundation. The aim of ACTS is to provide funding to enable IEs to access specific technical support that they would otherwise struggle to pay for. ACTS provides a combination of subsidies and up-front reimbursable advances to meet this goal.

Participating IEs receive up to US$20,000 worth of support – for which they contribute around 10% upfront and around 50% when they succeed in raising capital. The money that is repaid to ACTS will then be recycled to support further IEs.

If the IE fails to raise capital within 12 months, they are no longer required to pay the outstanding 50%. For this reason, the IIX ACTS team and partner TAPs will only support IEs that have a strong likelihood of raising capital (see eligibility criteria below for further detail).

ACTS Support for Impact Enterprises

Maximum value of support for each IE: US$20,000, of which:

  • IE upfront payment: around US$1,500 (10% of TA amount)
  • IE payment upon successful capital raise: around US$10,500
  • ACTS subsidy: around $8,000
Application Process


IEs apply to ACTS in partnership with a registered Technical Assistance Provider (TAP):

  1. The TAP reviews documentation provided by the IE and speaks with the IE management team to understand if the business meets ACTS eligibility criteria
  2. Together the IE and TAP identify needs and develop a proposed scope and pricing for the support required
  3. The TAP submits the application to ACTS
  4. The IIX team reviews the application and confirms acceptance onto the program

Once accepted onto ACTS, the TAP will work with the IE to prepare for capital raise. This process will take approximately 3 months of part time support. Once the technical assistance is completed, the IE has 12 months to secure investment.

Eligibility Criteria

The purpose of the ACTS program is to support more IEs to raise capital and scale up their impact. ACTS has a particular focus on enterprises that are run by or for women. As such, IEs must meet the following eligibility criteria to qualify for ACTS support:

General Criteria:

  • Proof of concept: there must be a credible proof of concept; idea/ pilot stage IEs are not eligible
  • Capital raise: priority will be given to IEs seeking $100k – $1.5mn
  • Legal structure: either non-profit or for-profit impact enterprises will be considered
  • Sector: the IE should be working in one or more of the following sectors: agriculture, education, energy, health or water.
  • Women focus: priority for businesses that are owned by and/or run for women*
  • Location: Asia Pacific region

Business Criteria:

  • Financial viability: either achieved break-even already or credible evidence of clear trajectory toward break-even
  • Mission: clearly articulated social and/or environmental mission that includes a focus on helping the poor, disadvantaged or marginalized segment of society
  • Operational feasibility: business model that is scalable with investment
  • Management team capacity: management team has relevant skills and experience to inspire confidence in potential investors

Investment Readiness Minimum Criteria:

  • Business plan: Basic business plan written, but may be missing some sections or lack sufficient detail
  • Financial model: Basic figures exist showing historical plus simple forecasts
  • Social impact assessment: Clear social mission with key outcomes identified and some evidence of impact

* Businesses that do not have an explicit focus on women will also be eligible for ACTS, but priority will be given to those with a women focus.