Tiime has been launched by a group of individuals representing multiple sectors – entrepreneurs, investors, CSR enthusiasts, academics and responsible consumers. It is an initiative dedicated to spur development, synergies and growth in the Social Impact domain in Luxembourg and beyond. Silicon Luxembourg asked Hedda Pahlson-Moller, Cécile Sevrain and Michelle Penney to tell us more about this new initiative.

By Charles-Louis Machuron

What is the purpose of Tiime?

Tiime is an initiative to connect social impact players across sectors to share knowledge and information:

Doers – Entrepreneur, Social Business, Social Innovator, and NGOs
Funders – Social Investors, Venture Philanthropists and Philanthropists
Supporters – Social Service Providers, CSR players, organisations and initiatives
The three of you are involved in the business angels community, why did you decide to join forces?

As a team who are all involved in business angel networks, we increasing see a mind-shift change in investors who want to know that their investments are “doing good” as well as generating meaningful financial returns. We joined forces as we are like-minded people, passionate about driving this mind-set change to ensure that impact is at the heart of everything we do.

What is social impact investment exactly? How is Luxembourg positioning itself?

Impact investing aims to generate specific beneficial social or environmental effects in addition to financial gain. They should have measurable impact and transparency. Impact investment has the potential to be the third way to deploy capital, alongside traditional investing models, and philanthropy, to address social and environmental issues….

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