This fall, the Social Impact Investment Taskforce of the G8 released their subject paper Measuring Impact, with seven best practice recommendations for impact investment management and measurement. The B Analytics platform can help you put those best practices into action.
On September 25th, 2014, the US Small Business Administration announced an extended $1 billion commitment to impact investing, requiring that SBIC funds applying to the SBIC's Impact Investment Fund use a third party assessment tool such as GIIRS Ratings.
To make the most of your GIIRS Fund Rating and to set your Limited Partners’ expectations regarding GIIRS from the start, B Lab recommends that your firm incorporates language into its PPM that reflects your firm’s intention to be a GIIRS rated fund. See sample language to incorporate into your PPM regarding GIIRS.
In Q2 of 2014 we plan to release the following new features for B Analytics:
1. Updated GIIRS Company Reports: The new company reports will feature GIIRS updated fund rating method with separate ratings for a company's operations and impact business models.
2. Updated GIIRS Fund Reports: The new fund report will feature more granular benchmarking information