Investment Readiness Program

The Government of Canada has announced a $755-million Social Finance Fund to support innovative solutions to social challenges.

Community Foundations of Canada is a partner in the Investment Readiness Program (IRP) which helps allocate funds from the Government of Canada to social purpose organizations preparing to successfully participate in the social finance market.

The Greater Saint John Community Foundation has been selected as a Regional Partner for this Program, serving anglophone New Brunswick.

This program will support more innovative, sustainable and inclusive approaches to pressing challenges in communities across Canada.

Eligible organizations can receive $10,000 to $100,000 in non-repayable funds to develop, design, measure and scale their social enterprises in order to get ready to accept investments.

The IRP can assist organizations at any stage, from refining an idea to scaling up and preparing for investments.

The IRP is open to social purpose organizations including charities, non-profits, co-operatives and for-profits with a social impact.

Applications open Wednesday, January 8, 2020 and close Monday, February 10th, 2020.

To find out more and to be invited to apply please contact Kelly @ 650-0567 or via email kelly@sjfoundation.ca

Applications open: January 8th, 2020
Applications close: February 10th, 2020
Deliberation period: Spring of 2020
Applicant notification: April of 2020
Grants awarded: June of 2020

Eligibility

IRP Eligibility

Contact Kelly Evans to discuss eligibility. 506-650-0567 or via email: kelly@sjfoundation.ca