Create an Account for the ISFA | Accelerating Impact

Create an Account to Apply to the ISFA Programme

Applicant Information

Investment Manager Name*

Investment Manager Website*

Investment Manager LinkedIn Page*

Vehicle Name*

Contact Information

Contact Person First Name*

Contact Person Last Name*

Contact Person Email*

Contact Person Phone*

Declaration of Eligibility

Are you an Emerging Investment Manager?

The Fund manager (The “Applicant”) is a fund management or fund advisory company raising their first or second impact investment vehicle (the “Project”), excluding pilot portfolios under 10M.¹
The Applicant will or intends to be duly authorized by a competent supervisory authority of an EU Member State; or subject to a regulatory and/or supervisory regime that is equivalent to that of EU Member States.²
The Applicant confirms that they will have at least 2 Key Persons that intend to join the programme as Members if selected.

I declare that the above-mentioned criteria apply to the Applicant and the Project.*

Planning to set up an Impact Investment Vehicle

The Project will finance activities made with the intention to generate positive, measurable, and substantial impact. The Project will highlight if/how it is addressing unmet needs for specific target populations.³
The Project will have an integrated process in place to identify, manage, monitor, and measure the environmental, social, and governance impacts, both positive and negative, on 100% of its investments throughout the full investment cycle.

I declare that the above-mentioned criteria apply to the Applicant and the Project.*

With an Impact Focus?

The Project’s impact strategy must focus on the respective programme's relevant impact themes (75% of investments for ICFA programme's or 100% of investments for ISFA, refer to the relevant pillars and eligible activities of each relevant programme).⁴

I declare that the above-mentioned criteria apply to the Applicant and the Project.*

Aiming to Invest in Challenging Geographies

The Project will have a target portfolio consisting of investments in target countries above the programme minimum, namely ODA-recipient countries.⁵

I declare that the above-mentioned criteria apply to the Applicant and the Project.*

Ready to be Accelerated?

The investment strategy is built from insights gained through the feasibility studies and the expertise of its team members, utilizing local networks and knowledge, but still to be refined.
The investment strategy presents a clear and internally coherent investment thesis, including the target sectors, geographies, investee types, development stages, financial instruments, ticket sizes and investment criteria.
The investment manager team boasts a sufficient array of expertise necessary for the successful launch of the fund. This expertise includes fund / vehicle management, investment management, investment acumen, technical proficiency, structuring, legal competencies, pipeline development, and fundraising capabilities.
The investment strategy is meaningfully differentiated from existing financing available in the target market and responds to a clearly evidenced financing gap affecting particular geographies, sectors, business models or investee groups.
The investment manager team's demonstrates sufficient time and financial commitment.

I declare that the above-mentioned criteria apply to the Applicant and the Project.*

Confirmation and Consent

I confirm that the information provided in this application is true, accurate, and complete.

I hereby consent to processing of personal data for the entire application process, in compliance with our terms of use and privacy disclaimer.

I hereby agree to the confidentiality terms, as per our terms of use and privacy disclaimer, and I hereby consent to allowing the information provided in this application to undergo due diligence checks by Accelerating Impact and any service providers parties assisting Accelerating Impact, subject to confidentiality and data protection agreements.

I confirm that I, the organisation I am representing, and/or any individual(s) who will be participating on the organisation’s behalf:
(1) is/are not a designated target of, or otherwise the subject of, economic or financial sanctions or restrictive measures (each a “Sanction”) enacted, implemented, imposed, administered or enforced by the European Union, United States of America, United Kingdom or the United Nations Security Council;
(2) is/are not subject to any criminal proceedings for serious criminal or predicate offences to Money Laundering /Financing of Terrorism (includes investigations by any regulatory/law enforcement authorities, indictment/charge/prosecution before a court of law, warrants for arrest); and
(3) is/are not convicted for any serious criminal or predicate offences to Money Laundering / Financing of Terrorism.

How did you first hear about our programme?*

¹Eligible Applicants are unlisted entities, typically young companies with limited resources, that are initiating their first or second institutional vehicle, with the objective to advise and/or manage this vehicle. Managed accounts, SPVs, and pilot vehicles with limited AUM are not considered institutional vehicles. If the Applicant is part of a group of companies, i.e., multiple companies which are directly or indirectly controlled by a controlling entity, eligibility will consider on a group basis. Consortiums of non-eligible entities can be considered eligible if the parties are in process of establishing an eligible entity, subject to the group-level considerations.
The equivalence of regulatory and/or supervisory frameworks of non-EU countries with the EU framework will be assessed premised on the equivalence decisions of the European Commission and the Luxembourg national supervisory authority.

The notion of measurable impact refers to the ability to 1) identify strategic impact objectives, 2) quantify and assess the outcomes using recognized frameworks and methodologies which may include, but not only: the Impact Reporting & Investment Standards + (IRIS+), the Theory of Change, or the Operating Principles for Impact Management (OPIM), and 3) mobilise the necessary resources to implement the impact measurement process.

² The equivalence of regulatory and/or supervisory frameworks of non-EU countries with the EU framework will be assessed premised on the equivalence decisions of the European Commission and the Luxembourg national supervisory authority.

³ The notion of measurable impact refers to the ability to 1) identify strategic impact objectives, 2) quantify and assess the outcomes using recognized frameworks and methodologies which may include, but not only: the Impact Reporting & Investment Standards + (IRIS+), the Theory of Change, or the Operating Principles for Impact Management (OPIM), and 3) mobilise the necessary resources to implement the impact measurement process.

⁴ Accelerating Impact operates two programmes, each with its own eligibility criteria governing the activities. For the ISFA Programme: Social impact themes are defined according to the classification defined in the Social Investment Framework by Accelerating Impact and LuxFLAG. Please see https://www.isfa.lu/our-eligible-areas.
For the ICFA Programme: Climate impact themes are defined according to internationally and/or regionally agreed classification systems and taxonomies around climate change mitigation and/or climate change adaptation, including without limitation the MDBs’ Common Principles for Climate Mitigation and Adaptation Finance Tracking. Please see https://www.icfa.lu/our-eligible-areas.

⁵ Accelerating Impact operates two programmes, each with its own eligibility criteria governing the geography allocation. For the ISFA Programme: 100% of the Fund’s invested capital shall be allocated to investments in countries eligible to receive Official Development Assistance (“ODA”), as defined by the OECD Development Assistance Committee (DAC) List of ODA Recipients, or At least 80% of the Fund’s invested capital shall be allocated to investments in countries eligible to receive Official Development Assistance (“ODA”), as defined by the OECD Development Assistance Committee (DAC) List of ODA Recipients. Any portion of the Fund’s invested capital deployed outside ODA-eligible countries shall be limited in scope and shall be undertaken solely to the extent consistent with the Fund’s development-focused mandate and regional strategy. For the ICFA Programme: at least 70% of the Fund’s Assets Under Management (“AUM”) shall be invested in countries eligible to receive international climate finance, as defined by the Green Climate Fund list of eligible countries. Any portion of the Fund’s investments deployed outside such eligible countries shall be limited in scope and shall remain consistent with the Fund’s climate-focused mandate and investment strategy.