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Investment Readiness Program │ Community Foundations of Canada:

March 1, 2023

Value

Varies.

Description

Funded by the Government of Canada, the Investment Readiness Program (IRP) supports social purpose organizations as they contribute to solving pressing social, cultural and environmental challenges across Canada.

Its goal is to help social purpose organizations build their capacity to participate in Canada’s growing social finance market and prepare themselves to be able to take on investments. The Investment Readiness Program is supporting social purpose organizations to build more resilient communities for the future.

CFC collaborated with Regional Partners across the country to award Investment Readiness Program funding. CFC also supported the Foundation for Black Communities (FFBC) to direct funding towards the entrepreneurship and innovation thriving in Black communities, thereby supporting Black people to develop greater well-being and economic prosperity throughout Canada.

Eligible Applicants

  • Charities
  • Non-profits
  • Co-ops
  • For Profits

Organizations that can apply include: organizations who have an idea or has an existing project that fits the definition of a social enterprise.

Eligible Expenses

The Investment Readiness Program aims to address this challenge. It is delivered under 2 streams:

  • Stream 1: IRP’s Readiness Support Partners provide funding to social purpose organizations to build skills and capacity to access social finance investment. These funds will be used to: get help to do market analysis, develop new products and services, build business plans, and acquire technical expertise.
  • Stream 2: IRP’s Ecosystem Builders will invest in projects that help grow and strengthen the Social Innovation and Social Finance ecosystem by being more inclusive and integrated. This ecosystem includes connections between: social purpose organizations, networks, experts, social finance intermediaries, researchers, and the government.

Deadline Date

Closed.

Contact

Contact Name: Community Foundations of Canada

Phone Number: 613-236-2664

Website: https://communityfoundations.ca/initiatives/the-investment-readiness-program/

Industry:

Non-Profit

Location:

Alberta, British Colombia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Nunavut, NWT, Ontario, PEI, Quebec, Saskatchewan, Yukon

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