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Glib Zagoriy moderated the discussion on impact investments during the Business Wisdom Summit 2018

Glib Zagoriy moderated the discussion on impact investments during the Business Wisdom Summit 2018

More and more entrepreneurs ask themselves not only how to earn more but also how would they make it into history.

Impact investments as an approach in business and life outside of business – this was the topic of a panel discussion during the Business Wisdom Summit 2018, moderated by Glib Zagoriy.

Ex-head of the National Bank of Ukraine Valeriya Gontareva also took part in the discussion along with KPMG company partner Rae Shamus and the University of California, Berkeley business school professor and Silicon Valley company TeleSense co-founder Naeem Zafar, who came to Kyiv on the invitation of Zagoriy Family Fund.

Impact investments are the investments into social transformations – the creation of social values in addition to the income with the help of money.

Major investors are not providing certain services to people in need because they find it to be not profitable enough. And that what impact investing is for – providing services to people, who otherwise wouldn’t get an access to them.

“There’s a new trend in world business. More and more entrepreneurs ask themselves not only how to earn more but also how would they make it into history, change the world around them? How would they become new trends setters?” Glib Zagoriy explained.

Naeem Zafar has also pointed out the importance of impact investments as a trend for the near future.

“Socially responsible businesses – is a perspective concept. They would occupy the niche between commercial and non-commercial sectors,” the professor said.