Launch of the Financing Innovation Tool (FIT) the first Societal Impact Company (SIS) to offer financial services 

This impact financing tool aims to support innovative enterprises with a strong social mission in developing countries. 

This event will enable impact investment professionals, philanthropists and potential donors to discover how FIT funding, combined with ADA projects, helps social companies to create development opportunities.

With an introductory note by Franz Fayot, Minister for Cooperation and Humanitarian Action.

26 May 2023, from 12:15 to 14:00 
Auditorium of Arendt & Medernach, 41 Av. John F. Kennedy, L-2082 Luxembourg.

• Welcome by Anne Contreras-Muller, Of Counsel with Arendt & Medernach
• The need to complement development cooperation with a flexible financing tool in developing countries, Franz Fayot, Minister of Cooperation and Humanitarian Action 
• Presentation of FIT, Patrick Losch, Chairman of ADA
• An example of prospective investees, Simone Uccheddu, Head of Investments at ADA 
• Panel - Call to action: Supporting innovation in developing countries, an opportunity for foundations and individuals?
  • Moderated by Axel de Ville, Chairman of FIT
  • Tonika Hirdman, Director General, Fondation de Luxembourg 
  • Claude Medernach, Legal Counsel Family Office Services, Banque de Luxembourg 
• Networking lunch