Title:
Indigenous Social Enterprise Accelerator and Social Finance Case Studies
Agreement Number:
016619488
Agreement Value:
$299,500.00
Agreement Date:
Aug 12, 2019 - Mar 31, 2021
Description:
The objective of the IRP is to improve the ability of (SPO)s to participate in the social finance market (i.e. secure a repayable investment), as well as to engage in procurement and outcomes-based funding opportunities by:
• Enabling SPOs to gain a variety of skills and competencies along the investment readiness continuum;
• Supporting the readiness of established expert services providers to provide nation-wide capacity-building services to SPOs in one or more key area along the investment readiness continuum; and
• Supporting the advancement of Canada’s SI/SF ecosystems by responding to identified system-level gaps (e.g. building the capacities of social finance intermediaries, advancing impact measurement, and supporting SI/SF awareness and knowledge mobilization).
Organization:
Employment and Social Development Canada
Expected Results:
The expected outcomes of the IRP are:
• Diverse SPOs have an improved understanding / awareness of the social finance market, as well as the capacities along the investment readiness continuum that can help them to access social finance opportunities;
• Diverse SPOs have increased access to and participation in modules, tools, training and/or supports to build their investment readiness along the continuum;
• Availability of capacity-building services and supports offered through expert service providers for SPOs along an investment readiness continuum is improved; and
• Advancements are made to SI/SF ecosystem gaps, including the identification of lessons learned and recommendations to inform future work.
Location:
Vancouver, British Columbia, CA V6E1B5
Reference Number:
141-2019-2020-Q2-00741
Report Type:
Grants and Contributions
Recipient Business Number:
741305486RC0001
Recipient Type:
For-profit organization
Recipient's Legal Name:
Raven Indigenous Capital Partners Inc.
Program:
SISFS Investment Readiness Program - Grant
Program Purpose:
The Investment Readiness Program (IRP) has been developed to help advance Social Innovation /Social Finance(SI/SF) in Canada and build on existing supports to help catalyze community-led solutions to persistent challenges. The IRP will provide time-limited investments that support as many Social Purpose Organizations (SPO)s as possible in improving their capacity and ability to participate in the social finance market, access new investment opportunities, move along the investment readiness continuum and address gaps in the SI/SF ecosystem.