Title:
Social Finance Fund in Québec – CAP Finance
Agreement Number:
018788166
Agreement Value:
$191,574.00
Agreement Date:
Oct 27, 2022 - Mar 31, 2023
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:
Montreal, Quebec, CA H2K0B5
Reference Number:
141-2022-2023-Q3-00077
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
839436730RC0001
Recipient Type:
Not-for-profit organization or charity
Recipient's Operating Name:
CAP Finance, le Réseau de la finance solidaire et responsable
Recipient's Legal Name:
CAP Finance, le Réseau de la finance solidaire et responsable
Federal Riding Name:
Laurier-Sainte-Marie
Federal Riding Number:
24039
Program:
SISFS Investment Readiness Program - Cont
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.