About IGNIA Partners
IGNIA is a venture capital investment firm that supports the founding and expansion of high growth social enterprises that serve the base of the socio-economic pyramid (BoP) in Latin America.
The B Corp certification provides a standard, credible means for investors and partners to recognize IGNIA's commitment not only to deliver substantial social change in our core business of investing in the BoP, but also in how we treat our employees, environment, and stakeholders.
IGNIA's social investment focus is to fight poverty by developing profitable, highly scalable businesses that serve the needs of the Base of the Pyramid population in areas of exceptional need including health, housing, and education. These businesses provide services and products that ultimately improve the quality of life of the BoP and enable them to generate wealth for themselves.
The Change We Seek™
By providing effective responses to the enormously underserved needs of low income populations, both as consumers as well as active participants in productive value chains, IGNIA empowers entrepreneurship and generates social impact while creating attractive financial returns for its investors.
• The largest market in Latin America is comprised of people who earn less than US$3,000 per year. These 360 million people represent the BoP market, which, in aggregate, is estimated at US$510 Billion. By providing capital to businesses in this marketplace, we enrich the community to higher standards of living while at the same time using this goal to attract investors and create a profitable return.
• IGNIA believes that the only way to address the poverty disparity in the BoP and tap into the aggregate market presence is through business. This is not achieved through one firm, but through the creation of an industry, which is the natural outgrowth of an economic activity which generates levels of profitability equal or higher than those with the same risk profile. IGNIA is jump-starting this industry and opening the door for other sources of capital to support impoverished regions of Mexico.
IGNIA Partners
- Product/Services: Venture Capital Investing
- Location: DE
- http://www.ignia.com.mx
Summary:
Certified: December 2008| Points Earned | % Points Available | |
|---|---|---|
| Accountability » | 19.6 | 96% |
| Employees » | 20.7 | 40% |
| Consumers » | 30.7 | 60% |
| Community » | 7.3 | 13% |
| Environment » | 3.6 | 18% |
| Composite B Score | 81.9 | 45% |
- >80 out of 200 is eligible for certification
- >60% points available = Area of excellence
Highlights:
From B Impact AssessmentEmployees: Living wage paid to all full and part-time employees 80% of employees offered reimbursement for continuing education 4+ weeks vacation for tenured employees
Community: >20% suppliers are local and independent >40% management from previously excluded populations >40% employees are women >5% of company owned by a non-profit
Consumers: 100% of investments go to social ventures focused on serving Base of the Pyramid customers
