GSJ Community Foundation to support social enterprises in NB & PEI through Investment Readiness Program
The newest round of IRP will help support local social enterprises as they get investment ready.
In 2019, Community Foundations of Canada, alongside the Government of Canada and several partner organizations, announced the Investment Readiness Program (IRP), a program that helps social purpose organizations scale up their social enterprises to prepare to accept investments. Since then, IRP has had two intake periods and has supported many social enterprises in each round. The goal of the IRP is to support these organizations in the social finance market, generating a return for investors while having a positive impact on their communities. CFC launched its second round of funding through the IRP in September of 2020, the results of which are now publicly available [hyperlink to map].
On Sept. 29, 2022, the newest round of IRP intake will be launched. Social purpose organizations from coast to coast to coast can apply for $10,000 to $75,000 to ensure their organization is ready for investment.
The Greater Saint John Community Foundation is thrilled to be partnering with CFC and the Government of Canada to distribute funds to local social purpose organizations.
To learn how you can apply, please visit: https://buff.ly/3USeJxx