The Investment Readiness Program (IRP) is a new $50M fund that aims to help social purpose organizations’ (including charities, non-profits, social enterprises, for-profits with a social purpose, and co-operatives) to build their capacity to participate in Canada’s growing social finance market. The IRP is also designed to help social purpose organizations prepare for the Government of Canada’s broader investment in social finance via the Social Finance Fund, a historic new $755M commitment which was announced in November 2018″ (Community Foundations of Canada website, 2020).

Through the Investment Readiness Program, eligible social purpose organizations are invited to apply for non-repayable capital between $10,000 to $100,000 and can purchase support from any number of expert service providers to help improve their overall investment readiness. The second round application deadline is October 9th, 2020.

Please note that we’ll use Zoom to connect. Details will be sent to confirmed registrants via email before the event.

During this session, you will:

• Learn information about the Social Finance Fund and Investment Readiness Program, including eligibility requirements and how to apply
• Hear from CSI Members who were recipients of the Investment Readiness Program (IRP) first round of funding
• Have an opportunity to ask clarifying questions about the Investment Readiness Program

About the Speaker

Wayne Miranda is the Investment Readiness Program Lead for The McConnell Foundation, as well as the Founder of Growth Mosaic Ltd., which identifies early-stage impact businesses, accelerates them to become investment-ready, and matchmakes with the best investors. Growth Mosaic Ltd. was recognized as a ‘2019 Best for the World’ B Corp. Wayne has also provided business consulting in Malawi, Ghana, Benin, Burkina Faso, and Kenya.

For more information about the Investment Readiness Program, visit the Community Foundations of Canada webpage.