Grants and Contributions:

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Title:

Realizing Social Equity through Social Finance (CRC)

Agreement Number:

19365964

Agreement Value:

$135,000,000.00

Agreement Date:

Mar 30, 2023 - Mar 31, 2029

Description:

The objective of the SFF is to accelerate the growth of Canada’s social finance market by: • Supporting the development of existing and emerging SFIs; • Extending the reach of social finance to underserved Canadian populations, sectors and regions, including rural communities and the North; • Enabling the sustainable growth of diverse SPOs; and, • Advancing Canada’s progress towards the United Nations Sustainable Development Goals.

Organization:

Employment and Social Development Canada

Expected Results:

A sustainable social finance market in Canada that generates positive social and environmental impacts and is representative and inclusive of a diversity of sectors, regions, and populations

Location:

Toronto, Ontario, CA

Reference Number:

141-2022-2023-Q4-04363

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

770826816RC0001

Recipient Type:

For-profit organization

Recipient's Operating Name:

Realize Capital Partners Investco

Recipient's Legal Name:

Realize Capital Partners Investco Inc.

Program:

Social Finance Fund

Program Purpose:

The purpose of the Social FInance Fund (SFF) is to foster a vibrant and self-sustaining social finance market in Canada by demonstrating the viability of social finance, attracting new investment, encouraging growth of Social Finance Intermediaries (SFIs), and improving access to capital for diverse Social Purpose Organizations (SPOs). By making affordable financing more broadly available to SPOs, these organizations will be able to use financing to grow, innovate, and enhance their ability to generate social and environmental impacts.

Coverage:

National