Asia’s social impact network group AVPN has announced a new collaborative effort bringing together like-minded networks across Europe, Asia, Latin America and Africa in a new collaboration called the Global Alliance of Impact Networks (GAIN).

It will include Europe’s EVPA, Asia’s AVPN, Latin America’s Latimpacto and Africa’s AVPA.  

“We will be working together on a platform of solutions that can be tapped into by financial and investment advisors, and financial institutions, to build up a pipeline of investable opportunities,” CEO of AVPN Naina Subberwal Batra told delegates at the AVPN Global Conference in Kuala Lumpar, Malaysia, on June 21. 

GAIN’s first “big bet initiative” will be focused on a global platform to “help the right money flow to the right opportunities across the continuum of capital (grants, debt and equity)”, said AVPN in a statement. 

The regional networks have some 1100+ members across 70 countries combined. The platform is expected to streamline impact intelligence, due diligence and impact reporting. 

After 5 years at AVPN and nearly 2 years with the International Venture Philanthropy Center (IVPC), Allie Hollowell will lead GAIN as an executive director, building a team in the coming year to work alongside the four regional networks. 

“Too often… we hear ambitious pledges from funders followed by a struggle to identify quality pipeline that aligns with their impact goals and reaches organisations closest to the problems they hope to address,” said Hollowell.  

“On the flip side, the number one complaint amongst impact enterprises around the world continues to be access to capital that meets their needs. We know the breadth and depth of our network is well positioned to be a conduit between local impact organisations with high integrity and funders from across the continuum of capital.” 

The four regional networks have a long history of collaboration, credit with having a common founder and seed funder, Doug Miller. 

Shafi Musaddique is a news editor at Alliance Magazine.