European Venture Philanthropy Association

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Venture Philanthropy Blooms in Asia

Posted on by EVPA

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The Asian Venture Philanthropy Network (AVPN) highlighted the growth of venture philanthropy across Asia when it announced it had reached 92 founder members at the launch of Asia’s first venture philanthropy web-based directory.

Building on the success of EVPA, AVPN brings together VP practitioners and others in the VP ecosystem to collaborate and scale their social impact.

AVPN’s founder members include leading venture philanthropy organisations, foundations, private equity firms, private banks, family businesses, professional service firms, philanthropy advisers, corporations and universities.

Doug Miller, chairman of AVPN and founder chairman of EVPA said: “The launch of AVPN with 92 founder members shows the strong interest that already exists across Asia in VP.  The current level of activity in each country is small in terms of overall philanthropy.  Through AVPN we expect to see the same growth effect as in Europe when a similar network was launched there”.

AVPN has members in 18 countries including China and India which, in the medium term, are expected to be the most active countries. Early hotspots for VP supporters are Hong Kong, Singapore and other South East Asian countries.

Simon Chadwick, CEO of AVPN based in Singapore, said: “AVPN is already active through networking and learning events in the countries with the largest membership.  The Member Directory allows anyone interested in Asian VP to connect quickly and directly with like-minded organisations.”

More information on www.avpn.asia .

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