Challenges to impact investing in a developing country: evidence from Chile

Figures & data

Figure 1. The impact investing environment.

Figure 2. Interview structure.

Table 1. Sample of interviewees.

N.	Experiences	Role
1.	Founder and CEO at AlGramo; member of Global Shapers Community, and Ashoka Fellow	Social Entrepreneur
2.	General Manager at Late!; member of the evaluation committee of SeleccionaChile (seed capital programme) at CORFO	Social Entrepreneur
3.	Director for Latin America at Emprediem and member of Global Shapers Community	Social Entrepreneur
4.	Founder and executive director at Late!; lecturer at Universidad Católica de Chile, and Social Entrepreneur of the year 2015	Social Entrepreneur
5.	Member at 2ble Impacto and Executive Director at Own Project Foundation	Investor
6.	Co-founder and COO at Broota; lecturer at Universidad del Desarrollo	Investor – Enabler
7.	Fund Manager at Fondo de Inversión Social (FIS)	Investor
8.	Administrator at El Sembrador	Investor
9.	Co-founder at Mountain Nazca Venture Capital, Board Member at Socialab and Board Member at Endeavor Chile; former Professor of entrepreneurship and innovation at Universidad Adolfo Ibañez	Investor
10.	Manager at General Partner at Chile Ventures	Investor
11.	Coordinator at Fundación Colunga and former team member at Socialab	Investor
12.	Manager at LarrainVial Foundation and former Commercial Director at Maria Ayuda Corporation	Investor
13.	Fund Specialist at Inter-American Development Bank	Investor
14.	COO and former Manager at Socialab and Co-Founder and CIO at Juusto	Enabler
15.	Co-founder and senior strategist at Sistema B Latin America; partner at TriCiclos and board member at Fundación BanColombia; former board president at Fundación Casa de la Paz	Enabler
16.	Executive director at Social Innovation Institute, Universidad del Desarrollo, and founder at Impacta CSR Strategic Consulting	Enabler
17.	Director at Center of Philanthropy and Impact Investing at Universidad Adolfo Ibañez	Enabler
18.	Director at InnovacionAl and former Manager of Alliances at J-PAL	Enabler
19.	Technical executive at CORFO, Department of Social Innovation	Enabler
20.	Executive director at Endeavor Chile; former investment manager at Southern Angels Investors, and Financial Manager at Octantis	Enabler
21.	Regional Manager LatAm at Instiglio and Senior Consultant on impact investing and social entrepreneurship; former director of NESsT Latin America	Enabler – Investor
22.	Professor of social entrepreneurship at Universidad Adolfo Ibañez, co-founder and president of Smart Citizen Foundation and independent consultant on social innovation and sustainability	Expert
23.	Emeritus Professor of strategic management and person-centred management; member of the investment committee at San Agustín Foundation and director of companies such as Fallabela, Copec, EuroAmerica and Codelco	Expert
24.	Executive director at Centro de Innovación Universidad Católica (UC), Professor of social innovation and entrepreneurship at UC and Universidad Adolfo Ibañez, former executive director at CORFO and former head of Innovation at Ministry of Economy	Expert