 Hi, hi, good afternoon, everyone. Welcome to the first ever Funders Showcase at Socap. I'm Sandra Osborn-Kart, Deputy Director, excuse me, Deputy Chief Investment Officer at Impact Assets Capital Partners. A little bit about the organization I represent and why I'm here. So Impact Assets is an impact investing firm dedicated to changing the trajectory of our planet's future and improving the lives of all people. So one key way that we do that is mobilizing money towards good through investments with just over $3 billion in total AUM. But we're also committed to growing the impact investing ecosystem and showcasing Impact Fund managers is one way that we do that. So we created the Impact Assets 50, which is now in its 12th year as a gateway into the world of impact investing for investors, financial advisors and philanthropists. It's really meant to offer an easy way to get started with exploring what firms are already doing really great work in this area and determining what interesting impact investments an investor can make. The IA50 2024 application is currently open. The deadline is coming up this Friday. So if you are an Impact Fund manager and you have not applied yet, I highly encourage you to do so. So with that framing, it really gives me a lot of joy to be able to introduce today's funder showcase which aims to directly connect funds, many of which have been showcased on the IA50 with foundations and to find commonalities in the funding for funds, foundations, small family offices and others that are looking to either directly invest in founders at Socap or for funding of their own funds and foundations. Today's showcase will bring to the stage funders from underrepresented communities and geographies with impact as a core focus of their investment in grant making work. So we know that there are systematic hurdles that funders face from the limitations of traditional risk management frameworks to the inability to access influential networking circles. So it's really wonderful to be able to shine a spotlight today on these funders to bring much needed awareness to some of the true trailblazers when it comes to making impact. So today you'll hear from and please join me in welcoming the group of funders, linked with the foundation Global Partnerships, New Ventures, Alpha Moondi, Advanced Global Capital, Mercy Corps Ventures, Leaf, ThinkAventures, Linda Vista Foundation and Novelis and Quotanda. And they will not be introduced again so I hope you all memorized. I think they'll probably introduce themselves. But with that, I'm thrilled to invite our first presenter, Danny from New Ventures to talk to you. So hi, my name is Daniela. I am the partner of Empodera Impact Capital, a fund ready to transform healthcare in Latin America. So it's going to take 131 years to close the gender gap globally. We lost a whole generation of progress due to COVID and this is not only about inequality, but about the missed opportunities and great barriers this is going to cost its society. That's why we launched Empodera Impact Capital, the first fund in Latin America focused on solving the most pressing issues in women's health in the region. So health is a fundamental right. 140 million people in Latin America have no access to healthcare. The majority women, which proves there's a systematic inequity in terms of rights and access. One out of every four women in Latin America has a child before she's 18, fueling the cycle of poverty. And we know that for every $1 we spend in family planning, we have a $120 return in terms of social and economic benefits. We also know that if we have healthy women in the workforce, we could grow GDP in Latin America by 14% in the next five years. So the opportunities are immense. That's why we launched the fund. It's a $30 million fund focused on catalyzing the growth of these scalable health companies. We also launched the fund in the form of a series A and series B investments. Tickets from $500K to $2 million. And above all, we're going to provide technical assistance and gender inclusivity to create better competitive advantages and help these companies and entrepreneurs reach their goals. We're very focused on impact. We want to change the lives and measure how we change the lives and how we're going to do this not only with impact, but providing market rate returns. We have a great team behind this. New Ventures as a group. We have more than 20 years of experience designing investment strategies, solving some of the most complex social and environmental problems in the region. My partner, Rodrigo, launched the first impact fund Adobe in Latin America using innovative finance. We also manage a number of the issues in youth generations in Colombia and Ecuador with one of the most prestigious foundations in Switzerland. And we have experience working in gender subjects and breaking barriers through Biwala, one of the first credit lens mechanisms in Mexico providing credit to women who have no access to it. So a year ago, no one thought this was possible. People thought this was too niche. We have a lot of companies in the healthcare space, entrepreneurs with great dreams and visions ready to transfer the landscape and prove that change is possible and they're completely underfunded. So there's a huge wide space in the region that we are ready to attack. So I invite you all not to sit here and wait for the gender gap to become bigger, but to help us unleash the power of women in society in Latin America and build more equitable societies. Yeah, there we go. Jim Villanueva with Global Partnerships and I've been told I have 120 seconds to talk about what the Impact First Venture Loan Pool is all about. So I'm just going to go straight to the punchline first and tell you that we're providing non-dilutive loan capital to early stage enterprises across Africa and Latin America. I've been doing this early stage investing work for about 15 years now and consistently seeing a gap that we aim to fill and that's entrepreneurs, they see a problem, they want to solve that problem and launch companies to build a business around that and as soon as they open the doors for business development, what happens is that the impact management side of the effort tends to get de-prioritized and kicked down the road away. So we come in with our highly capable impact management team do a six to nine month engagement on the impact management front that includes bringing in our customers to do a lean data study where we speak with hundreds of customers directly get feedback loops going on the impact both intended impact that's happening and unintended impacts that's happening what's working, what's not and we've piloted this in our social venture fund portfolio with great success and found really value benefits in several areas one is obviously the impact management area and being more effective at having the intended impact at scale secondly business insights, actionable business insights into customers and what customers want, product market fit, customer centered design and then lastly it's very beneficial in the fundraising efforts when you have hard data and direct customer feedback that prospective investors and importantly their investment committees can really latch on to and verify that the impact that they want to have is actually happening so we're raising recoverable grant capital to execute on this effort which makes it a great fit for donor advice funds and for foundation PRIs so love to talk to anybody who thinks this might be a mission fit and also equity funds and investors who can see the value add that we would bring to the group around the table and I'll leave you with some feedback that we got from one of our portfolio entrepreneurs where we did this and I'll leave you with some of the feedback. Thank you very much. Hi everybody. I'm Patricia the acting executive director of the Alphamundi Foundation. Many of you know Tim who is the managing director of Alphamundi group, the investment side. I am stepping in for him so my apologies I'm going to give a short presentation and hold it for the last 12 years across Latin America and sub-Saharan Africa. Today I'm here to speak about the third fund which is a LATAM focused equity investor. You can see from this slide Alphamundi's invested and deployed over $120 million into companies. Done over 50 equity transactions with double digit returns into just incredible companies. This new fund is taking lessons learned from investing over the last 12 years to do a few things. Let me see which slide actually addresses some of that. This is the track record of the portfolio to date across Latin America. Just to highlight an interesting example of the company in the current portfolio that will reflect what we're looking at going forward is solutions in Colombia which has a proprietary technology that pulls 90% of Greece from runoff waste and turns that into biofuel for the airline industry. That and other critical climate solutions are what we all need to be focusing on. More again on the case for why we are focused on this. I am now going to look at the slides in front of me instead. This is all part of the ethos of this new fund which will invest in series A and series B companies and work closely with, there is a team based in Bogota that has been looking at deal flow for quite some time in this category. I'll just add on two interesting features that we've added to this fund is one, this is in partnership with UNDP who will be a pipeline partner and also share the companies that we look at validate their impact and also push to include other investors into the investment and growth of these companies. And secondarily now I can speak to the Alfa Mundi Foundation which is focused particularly on gender lens and climate and supporting companies through their growth and so we are raising a technical assistance facility of $1 million or more to be very tactical to support companies along their path. I think those are, oh there's more. I jumped ahead of the slides. My apologies I didn't create them. I think many of you know this so I will I'm happy to speak to anyone afterwards and connect to you with Tim as well. These are the sectors that we'll be focusing and I think I will leave it on this team slide. Yes. Thank you. Hi, my name's Suda Baradia I'm co-CEO at Advanced Global Capital which is an impact investment firm based in London. We have an impact thesis to our fund which is that we want to get working capital into the hands of SMEs all over the world but with a particular tilt towards emerging markets and women-owned or women-led businesses. So this slide here just kind of gives you a sort of a problem. Invoice discounting is the product that we mainly support which fills that short-term working capital gap from 2060, 90, 120 days where a supplier has provided a good or a service to their buyer there's an invoice that's raised and let's say it's a 90-day invoice the buyer is good to pay that invoice but will wait until day 90 until they pay it so for that 90, 120 days you know the SME needs working capital to continue to do the thing that they do. So this is the problem that we're trying to address and the way in which we do that is that we provide funding to financial institutions all over the world they are not banks, they are credit institutions, they could be factoring companies, they could be doing leasing products, they could be doing other working capital loan type products but essentially their customers are these suppliers, these small businesses that I talked about the buyer is paying the invoice and it's going through the supply and through this channel where we are taking LP capital into our fund and then using that for the credit that we provide. We also have a gender lens aspect to this slide here actually just highlight some of the data points that support our investment thesis we've had our fund lie for about eight and a half years but we were funded by a family office in the early days and we piloted some of their money and made proof of concept and then took the fund market in 2015 so we have an eight and a half year track record and we're targeting seven to nine percent net return to investors. I'll hand over to my colleague Sam who will talk about the gender lens thesis of our fund and basically the impact lens. Thank you Suda, I'm Sam I'm Chief Impact Officer at AGC and been there about nine years so when we designed the fund accessibility and inclusivity was central and we have tended to focus on women both because we care about women's inclusion but also it's a great way to count things in many countries where you can't count race so we are extremely proud of our results in this area last year 49 percent of the financial institution partners that we fund were led by women about two percent of the funding in California from VCs went to women so we think that's a fairly good result about 45 percent of the SMEs that our partners fund are led by women we are ourselves 100 percent female owned about 67 percent of our board is women so very strong governance and support for the things that we try to do. One of the things that we've done as a fund is really integrated the needs of a women led business into how we have designed our fund of course it's layered on what investors need what our financial partners need and that was women owned businesses typically lack access to collateral so hence the model where you can sell your invoice and activate and monetize this piece of paper even if you're going to be rejected from a bank because of how you look or your gender quick transparent and non-usery so a lot of really great features one of the other things that I don't know if it was on this slide our average transaction size is $5,000 so that tells us that we are definitely delivering funding deep down into the long tail of very small businesses some of the other great gender metrics I think the headlines are the 49 percent 50 percent and we continue to integrate so our thesis helped us design this fund it wasn't an afterthought of what comes out of the pipeline and let's try to slap some different ways of measuring it was definitely on this thesis of what has worked for women we also do a lot of deep measurement we measure at the FI level the SME level outcomes outputs lots of stories that tell us that we're moving in the right direction and we're constantly iterating to make that better and we'd be happy to talk with anybody who wants to hear more oh and yeah we have tons of case studies that give you a better flavor again we'll talk to you afterwards and on our website thank you hello I'm Scott Onder I'm the chief investment officer of Mercy Corps and the co-founder of Mercy Corps Ventures and I'm here with Natalie Vergara who heads our venture platform so we're here today to talk about the crucial role that catalytic capital can play in filling the climate adaptation gap in emerging markets the fallout from the climate crisis is already here the communities that contributed the least are being hit first they're being hit hardest 130 million more people are going to be pushed into extreme poverty this decade as a result so it's an urgent priority for the global community to invest in climate adaptation but today we're falling well short by 2030 it's projected we need to invest upwards of $340 billion per year unfortunately today we're only at about 10% of that level and to fill this massive capital gap is going to require a generation defining level of commitment, creativity and collaboration between the private sector between governments and impact investors and we believe that catalytic capital has a really crucial role to play so visionary entrepreneurs are developing breakthrough technologies, innovative business models and effective climate adaptation solutions but there's a funding gap at the seed and scaling stages so catalytic capital can be used here to seed the earliest and riskiest stages of innovation to build a pipeline of scalable climate tech companies that can attract private investment and harness the capital markets over time and Mercy Corps Ventures has a seven year track record of it doing exactly this so we've invested in 47 climate adaptation and resilience startups over the last seven years. We've supported them strategically through partnerships and technical assistance to effectively raise over 400 million in follow on investment we are seeing that 85% of the portfolio companies have successfully raised this follow on round of investment and when here in the US less than 50% of startups are able to do this we know that the support that we're offering is is effective. We're also a gender smart investor with 50% of our portfolio companies founded or co-founded by women and when women are disproportionately affected by climate change we also provide key support to portfolio companies to tailor their products their services and their distribution approaches to better serve women so with our next fund we're aiming to invest $50 million to catalyze another $500 million in follow on investment into about 30 companies and I'll pass it over to Natalie for her report. Thank you Scott. I'm thrilled to be here to speak about the work that we do and so we're saying we're really a truly global investor. We've invested in companies that have operations in 35 of the most climate vulnerable countries and 27 of the least developed countries. As you can see in the map or startups have operations in Latin America West Africa East Africa South Africa Asia and what's amazing to see it's companies for example as Pula that was born in Kenya that now has grown and operates across various countries in Africa and has grown also to Mexico and Brazil and provides smaller farmers insurance so they can crop and produce their products even like when they don't have Rains and so forth so it's amazing to see this growth in a truly global global market. And so our resilient future fund is because what's saying it's a 50 million fund where this is driven investor that's investing in climate tech solutions in emerging markets across three thematic areas. The first one is adaptive agriculture and food systems. We're going to invest in companies and continue to invest that are working to increase the resilience of smallholder farmers and food systems. The second one is inclusive work in on companies that provide savings insurance and credit to people that have been excluded from the traditional financial service and investing in climate smart climate smart technologies such as weather forecast and flood based predictions so that people can cope with the effects of extreme climate effects and climate change and all these startups at the end have a huge impact on the people and population particularly women, migrants, refugees, smallholder farmers and ruler households. And what makes us different is first our focus on climate adaptation and resilience solution across these three thematic areas and on a global emerging markets focus as we were saying. The second it's our more than capital approach so we really work with the startups that we're investing in through our TA facility platform that I lead where we work with companies on how to embed impact driven growth and increase their chances of success and scale. We also leverage the network of Mercy Corps that has presence in over 40 countries around the world and more than 4,000 staff members. We will continue to invest in seed stage business but with this new fund we will be able to provide the follow on capital that they also need to continue to grow with diverse teams but more importantly we're helping those teams to build truly inclusive and diverse businesses from the founder, the leadership, the board, the employee base and the users that they serve. So please join us to invest and support founders building a more inclusive and resilient future. Thank you. Hello everyone, thanks for coming this afternoon. My name is Connor McFarland. I'm the development manager at the Community Development Assistance Fund or LEAF. There's a picture of our team here. We've really been able to grow our head count from about six full-time employees to 16 in the last few years. So it's nice to just have a picture there for you all to see our team. But we are an immigrant led community development financial institution and we work to advance wealth, health and housing equity all throughout the United States. So it makes sense for us to start talking about cooperatives. Shared ownership is a principle that we've embraced since our founding in 1982. And cooperatives have a really hard time accessing capital because their governance structure makes it so they're not able to provide a personal guarantee to traditional lenders. And the governance structure itself is just commonly misunderstood by banks and other lenders. LEAF is just one of a few CDFIs in the US that is serving cooperatives all throughout the country. And the most commonly types of co-ops that we do serve and we'll cover it more in a little bit are food co-ops, worker co-ops and housing co-ops. And so as we move on to racial equity about six or seven years ago LEAF in its backyard in Boston, Massachusetts we came across this report called The Color of Wealth. And what it found is that in Boston the net worth of a white household was approximately $250,000. Whereas the net worth of a black household was $8. So just $8. No typo there, no misspeaking. And so that really motivated our team to put together a suite of services for minority and women-owned businesses in Greater Boston. We do that through a program called Elevate Small Business where we have free of charge TA for entrepreneurs, procurement services to help entrepreneurs access institutional contracts to grow their revenues. And of course affordable financing interest rates from 5.5 to 7%. And so as it relates to capital that we provide to fundraisers and what really makes CDFI an impactful financial institution for businesses in the U.S. is our ability to provide that capital at such an affordable rate. So our average cost of funds on the portfolio right now is just about 6%. And on the fundraising side we raise notes anywhere from one to five years with an average cost of funds of about 2.5%. So you can kind of see how that works and how we're able to keep our cost of funds low to then provide low interest rates to our end users. And a common theme that I've heard at SOCAP and rightfully so is that fund managers should reflect the communities that they intend to serve. And so I think at LEAF we really represent that. Gerardo Espinosa who's actually here in the audience today is our executive director and he's an immigrant from Mexico. Jose Luis Rojas is an immigrant from Mexico and Amin Benali is an immigrant from Morocco. And so we have a very diverse leadership team and Caroline McAuliffe just joined us about two months ago and she brings her own unique perspective as an expert in nonprofits and working in the financial sector. So in addition to our team representing the clients that we intend to provide, we also have a wealth of expertise in investment management banking and nonprofits as well. So to elaborate a little bit on our wealth, health and housing equity programs, our wealth equity programs basically include providing loans and TA to worker cooperatives and then the Elevate Small Business Program that I mentioned in Massachusetts which we already talked about. We also have businesses serving food deserts in Massachusetts so supermarkets or anywhere along the food value chain. And as it relates to housing equity we provide financing to housing co-ops because in the kind of current environment right now we know that housing is expensive and the purpose of housing co-ops and community land trusts is to preserve long term affordability of the housing. So moving on just wanted to I'm not going to elaborate, I think time is getting a little low so just to provide a few shared ownership examples you know food co-ops are one of those program areas worker co-ops and really the thing with worker co-ops is that they have their businesses where the workers have democratic control of their business but also are able to build wealth working kind of a traditional job and so a worker co-op could be a cafe owned by its workers or it could be a woodworking plant owned by its workers. So the types of businesses that are can be a co-op are very diverse. And I just had a few comments about community land trust and housing co-ops so just to move right along here we thought it would make sense to give an overview of Leafs portfolio to just kind of share this composition of where our funding is going and so you'll see that about a third of the portfolio is in housing a quarter is in food co-operatives and the remaining there's 12% in worker co-ops and about 30% in our total for our two Massachusetts based programs and just for context wise about 70% of our portfolio is national and 30% is in Massachusetts and so how can you help Leaf this is an exciting time for Leaf our balance sheet has doubled from about 15 to 30 million in the last since 2019 and the number of investors we've had has also doubled or just about doubled from 100 to 200 investors and so right now we are just seeking to raise about 5 million to 10 million dollars in the next 12 months because the demand for these financing products have continued to grow and so thank you for taking the time to listen to a little bit about Leaf great, hi everyone I'm Omar Mthiasatine I'm the managing director of Finca Ventures we are the impact investing arm of Finca International which is known for microfinance we have been around for over 40 years on the microfinance stage and even now currently own 17 MFIs and we were started in 2018 as a way for Finca to expand beyond pure microfinance currently if you look at our portfolio we've invested off of our own balance sheet we have 27 companies overall 48% of the companies are female founded the portfolio companies across the board reach over 13 million people and we've got 6.6 million invested since 2018 in terms of the areas that we target it is a generalist fund and so we're looking at financial inclusion agriculture and food security water and sanitation reliable healthcare climate adaptation and education and from a portfolio overview we are about 90% sub-Saharan Africa focused but for financial inclusion we've made the decision to actually have a little bit of a more global focus and so we do have two investments in Latin America through that as well our core sectors though are agriculture with 12 companies invested financial inclusion with 6 companies and reliable healthcare with 4 investments in that portfolio we do also have a strong gender lens component to our fund we utilize the 2x criteria currently in making investment decisions as I mentioned 48% of our investors have female founders and 40% of our investors also have a customer base that's over 50% women and climate is also another area that we obviously are looking at and our strategy is focused on both adaptation and mitigation solutions that help individuals households and communities become more resilient 67% of our portfolio companies have an adaptation impact and 100% are assessed on climate risk and then just maybe a little bit about our key strategies so as I mentioned it is a generalist fund for agriculture we're focusing on 3 main areas which are agribusiness agtech and digital extension services and then finally financial solutions such as crop insurance on the water side we're targeting both solutions that increase access to safe and affordable water and then also waste management solutions and we have a couple of companies in Jibu and Sanivation invested in this space as well on the financial inclusion model we do both direct to consumer products that extend financial services to underserved communities but then also invest in companies that expand enabling infrastructure on the health side again it is a broad based strategy so we've done both brick and mortar health facilities with investments in a couple of the largest primary and diagnostic centers in Africa digital platforms and then again financial solutions such as health insurance on the education front again we're it's a broad based strategy so we are looking at early childhood development ed tech development higher educational and vocational training facilities in terms of the team as I said I'm Omar Mtyazid and I have over 25 years of experience in both commercial finance and impact investing starting my career in investment banking in a $2 billion venture fund in New York before moving over to the impact investing space Eric Wiersma is our senior agriculture advisor Eric has over 30 years of experience in the ag space and then our team is rounded out by Melissa Tickle as investment manager and Jacqueline Kagima who sits in Nairobi in terms of the overall fund infrastructure a couple of things I'll point out so we are targeting a $50 million fund we are also putting in our own first loss capital so we are going to be putting in up to $6 million as first loss capital in order to be catalytic ourselves and then as I mentioned from the sector specific side we are mainly focused on sub-Saharan Africa with financial inclusion being the exception but yes if anyone is interested in our impact thesis meet your needs we would love to have a conversation with you after this event thank you Hello my name is Allison Fiery and I am the program director for the Linda Vista Foundation we are a small family foundation and our mission is to help empower underserved people in Latin America to help themselves and part of how we accomplish that mission is that we find people who are already doing really wonderful and meaningful work within those communities and we financially support their projects and so I'd like to use our time to introduce you to two of those partners who we really believe in so that they can share the work they're doing so I'd like to introduce you to Grant Taylor with Quotanda and Greg Krupa with Novelis Hi I'm Grant Taylor co-founder and CEO of Quotanda and our mission is democratizing access to education there's a big problem in that a lot of people can't access education because they can't afford it and it's actually also the biggest reason people drop out of higher education schools, universities, foundations governments and financial institutions typically want to offer financial aid they're often limited in their capability to do that so yeah people pay for time intensive processes they lack the tools to offer financial aid globally and lack underwriting expertise for student financing we bring that expertise we bring the technology we power student loan origination and servicing globally we now have and I'm just going to rip through these slides here so we now have 60 clients in over 15 countries we're serving a broad range of clients doing very different things many are non-profit most of the schools university partners that we work with even offer loans at 0% interest and or income share agreements where students pay when they get a job but yeah we work with for-profit institutions as well including some that are here well I guess I'm not sure if you had the chance to meet Lydia from 8B education investments that's funding African students studying in the US and the Caribbean that's one of our clients Karen actually from Laboratoria it's a women only boot camp Karen is here raise your hand Karen if you want to say hello to people so yeah we have some really amazing clients having a truly tremendous impact on a global basis we have proudly supported over 5,600 students in achieving their education and career goals with financial aid we've provided over $23.5 million worth of financial aid and that's loans, income share agreements scholarships as well the Harvard Foundation has one application for loans and scholarships that we work with we power so yeah most of the students that we're financing wouldn't have had the opportunity were we not able to support the financial aid they were able to get access with us this is a big opportunity I wanted to discuss as you may know there's a huge digital skills gap globally and it's just growing so by 2030 there may be you know 85 million jobs unfilled in the tech space and just in that space alone so our goal was partner with the inter-american development bank that has funded basically seed funded this opportunity financing with income share agreements students in Mexico from vulnerable populations so that's women and students from poor communities predominantly that with one of these tech boot camps that they like Laboratoria as a good example where they study for between three and ten months they get a extremely marketable skill or skills so that's everything from programming, data science, design, cyber security, sales force, etc but yeah really tremendous job placement rates typically it's 85% plus and awesome salaries we've raised now close to two million dollars for this strategy but you know we should be raising like 130 billion to meet the need that is necessary on a global basis this is super replicable, super scalable we can work with you and other partners globally to scale this anywhere as we are doing with Mancos Santander in Spain for instance which through Fundación Universia thank you so much for the opportunity would love to speak with people more cheers so I want to invite you all to a story we've all heard some crazy incredible pitches but I don't want to make a pitch I want to tell you a story and it starts with a patient of ours Rosa in Ecuador who many years ago told me that the first and last time that she had been the dentist she was just five years old her experience was so negative that she hadn't gone back three out of four people in Latin America who had access to quality dental services and as a result have deficient oral health but before I get into what we've been doing about this I want to talk to you all about my grandmother Violet who is from Newfoundland and migrated to Chicago in the 1940s of my grandfather Stanley a Pollock like me and because of their love she came to Chicago and she was a pioneering ER nurse who actually trained all the first responders to go do mobile medicine in the area and my father and mother are both nurses and my older brother David was born with a congenital deformity that led to limb loss when he was a little boy but that led to him inspiring so many other people and starting 18 years ago the range of motion project which provides prosthetic care to amputees throughout the Americas we've treated 5000 amputees in the Americas since the organization was founded all those years ago and he convinced me to come down to Latin America when I was in college to help him build this global health movement really that's me 16 years ago and that then later inspired me to continue this work and we founded Novelist almost a decade ago to provide mobile health care in these rural areas of Ecuador and it's really been a great journey of mobilizing health specifically oral health because oral health is actually the foundation of our overall health and well-being so we provide a care on site with portable dentistry stationary dentistry working with over 180 corporate partners and community partners to date over 25,000 patients served and we're just getting started you could see one patient in three days while working at their flower farm with a transformation that can take place imagine what that means to their overall health and well-being so that's where we started a social enterprise that's sustainable and now we want to take it to the next level how can we treat children who are the most vulnerable amongst us who don't have access to the services that they need who are living at risk and vulnerability but with our partners at SOS Children's Villages we're launching imagine 1% for the planet but for children's healthy smiles so I'm inviting everyone here today talk to your dentist friends everyone's got a dentist friend or a dentist and we are going to be launching a pilot to create a new ecosystem of support and solidarity to bring healthy smiles from north to south and from south to north bi-directional and how can you contribute you can certify your business through cash, equipment, education and other means and we actually won an award for this at the end of last year called reimagining fundraising and we're building this ecosystem of support, education research, partnership and alliance to be able to really create a whole new system of health care access for children living on the edges of society we have a pilot that we're launching with a $2 million grant fund that we're raising to create this ecosystem to provide care in six locations across Ecuador to 2,500 children and then from there with the same partners SOS the world's largest children's charity they're now innovating and starting to put some of their capital towards blended finance and we're going to be raising around in 2025 where there are a lead majority and first loss capital provider where we'll be expanding nationwide and then hopefully beyond borders into the rest of Latin America and this is our newest mobile clinic La Yasuni which is 100% renewable energy autonomous really bringing technology into these rural areas imagine having never gone to the dentist this is your first dental experience so just to wrap up you know speaking to Rosa who hadn't gone to the dentist for almost four decades imagine now what it's like for these children who get to have their first experience being a positive experience where they then want to share their healthy smiles with their family and loved ones thank you guys