The Impact Investors Foundation(IIF), Nigeria’s leading platform for unlocking impact capital, has concluded plans to organise this year’s annual awards just as it has started calling for nominations of social enterprises and impact investors in Nigeria and non-profit organisations in West Africa for the 2023 edition, a statement from the organisation has revealed.

Acceptance of nominations will close in the next three weeks, IIF stated.

According to the body, this year’s edition provides the platform for the award recipients to be celebrated at the IIF Annual Dinner and Awards, which is part of the 2023 Annual Convening on Impact Investing, which will hold from 31st October to 1st of November 2023 in Lagos State, Nigeria’s commercial capital.

“The IIF Award for Impact Investing is a platform that recognises a leading institution and/or an individual who has made significant environmental and social contributions through their investments, products, services, or innovations. Impact in this context is measurable by contributions that are making the lives of many Nigerians better and improving the environment.

“The award is intended to inspire others to deliberately build impact into their business and investment strategies and measure their contributions, thereby, growing and strengthening the impact investing ecosystem in Nigeria,” IIF disclosed in a statement.

Eligible individuals or organizations are advised to visit the IIF award website to read more about the selection criteria and submit nominations before July 7, 2023.

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Commenting of the relevance of this year’s award, Etemore Glover, chief executive officer, IIF, said this year’s event is meant to recognise the contributions of those creating equitable access to impact funds, among others.

She said: “We are excited to be bringing back the 5th edition of our annual dinner and awards, one of the most exciting sessions of the 2023 IIF Annual Convening on Impact Investing that celebrates impact heroes in Nigeria and West Africa.

“We look forward to honouring investors who are advancing our efforts in the ecosystem by creating equitable access to impact funds; innovators who are significantly influencing social and environmental issues and non-profits that are delivering measurable impact in the areas of social justice, community organizing and sustainable development.”

Acumen, a philanthropic investor that focuses on early-stage companies, in 2022 won the Impact Investor of the Year award. Also, Healthtracka, a digital health platform that provides home lab testing available, won the Social Enterprise of the Year award while Mamamoni Empowerment Foundation, a non-profit that supports, equips and mobilises local African women, clinched the Innocent C. Chukwuma Award for Social Impact in 2022.

The IIF Annual Award for Impact Investing is in three categories which are the Impact Investor of The Year, Social Enterprise of The Year, and the Innocent C. Chukwuma Award for Social Impact

The IIF is committed to eliminating the barriers to impact investing by building an effective ecosystem that supports the growth of investment pipelines and sustainable impact.