Grants and Contributions:
Title:
SI2 Investment Readiness Platform
Agreement Number:
7438738 P009495001
Agreement Value:
$5,500,000.00
Agreement Date:
Mar 17, 2022 - Dec 31, 2027
Description:
This project will improve sustainable livelihoods and economic well-being, particularly for women, their families and their communities, in targeted post-conflict and poverty-stricken areas of rural Colombia. This project seeks to establish an Investment Readiness Platform (“Colombia SI2”) within Colombia that will provide capital and capacity support for enterprises, cooperatives, organizations and funds seeking to start or scale their impact, with a particular focus on rural regions in Colombia and enterprises serving women. The proposed initiative will consolidate Colombia’s social impact investing ecosystem and act as a catalyzer for Colombia’s impact investing sector to advance toward maturity. Through SI2 Impact investing will play a critical role in responding to intractable challenges, from social, environmental and economic well-being for all citizens to the impacts of COVID-19.
Overall, more than 20 impact investments funds as well as 100 impact enterprises, including inclusive or social businesses, cooperatives, associations, non-profit organizations, intermediaries and investors would be supported along with 10 rural communities, translating into at least benefit 3,150 direct beneficiaries, owners, members and staff of impact enterprises in rural areas, and 10,000 indirect beneficiaries and creating more than 500 new jobs
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes of this project include: (1) increased scale and viability of at least 100 rural impact enterprises, in particular women-led or women-serving impact enterprises in vulnerable communities; (2) increased effectiveness of Colombia’s impact investing ecosystem for advancing Sustainable Development Goals (SDGs) in rural areas of Colombia; and (3) Increased scale, effectiveness and commitments of impact investors (at least $10M), in particular for women-led and women-serving impact enterprises.
Location:
OAKVILLE, Ontario, CA
Reference Number:
064-2021-2022-Q4-00099
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Type:
Not-for-profit organization or charity
Amendment Date
Mar 27, 2026
Recipient's Legal Name:
SVX
Program:
International Development Assistance program
Program Purpose:
The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.
Amendments: