Given the estimated $371 billion annual health funding gap to achieve the United Nations 2030 Sustainable Development Goals, traditional philanthropy alone will not be sufficient to meet financing needs in global health. Impact investing can play a unique role in helping the world achieve these goals.
In November 2019, we launched Johnson & Johnson Impact Ventures (JJIV)—an impact investment vehicle within the Johnson & Johnson Foundation that deploys investments in healthcare innovations to further our programmatic and charitable objectives. We invest in purpose driven entrepreneurs whose innovations address health workforce and healthcare challenges in low-income and diverse communities.
To pursue the best ideas that push boundaries and surface new opportunities to advance community-based health, JJIV works with the public, private and philanthropic sectors to catalyze investments through social impact bond and innovative finance vehicles.
We invite you to join us on the journey and progress towards a more equitable future where health is within the reach of everyone, everywhere.