Community Foundation Grey Bruce (CFGB) is offering eligible social enterprises that are working to do good in Grey Bruce region the opportunity to access funding through the Investment Readiness Program. This is part of a $50 million national initiative, which is being delivered by Community Foundations of Canada and other support partners and is being funded by the Government of Canada to support and expand social enterprises from coast to coast to coast.

The Investment Readiness Program is open to a diverse range of organizations and businesses including charities, non-profits, co-ops, and social enterprises. The program can provide $10,000 to $75,000 to create, manage, and expand social enterprises to get ready to accept investment.

Stuart Reid, Executive Director of CFGB says, “The social enterprise ecosystem is giving back and investing in community wellbeing as part of their core purpose. In Grey Bruce, we are looking forward to seeing the IRP help successful applicants grow their impact even more.”

The Investment Readiness Program will help social enterprises across Canada grow, and build their capacity to accept investors, and participate in Canada’s growing social finance market.

“Social enterprise teams from coast to coast to coast are demonstrating how business can be done differently. They are daring to rethink business models to create a more sustainable, equitable and inclusive future. Community Foundations of Canada is in awe of the innovative projects we are funding. We look forward to seeing the positive impacts of this next round of projects through the Investment Readiness Program,” says Andrea Dicks, President of Community Foundations of Canada, a national partner in the Investment Readiness Program.

Applications for the IRP, of which CFGB is a regional partner, should be submitted by November 22, 2022, through the program’s website for consideration. Online information sessions for applicants are being held live on October 27 and November 16 – visit the website for more information and to register.

About Community Foundation Grey Bruce: Created in 1994, Community Foundation Grey Bruce has a mandate to enhance community vitality by fostering open discussion about local need, sharing knowledge, and growing endowments to provide strategic granting and support to a wide range of non-profit organizations.

About the Program: 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. As a Regional Partner with CFC in delivering the IRP, Community Foundation Grey Bruce will help empower others to unlock innovative solutions to social challenges.

Interviews with CFGB representatives can be arranged by contacting:

Jennifer Isber-Legge, Grants Coordinator
[email protected]
519-371-7203

source:media release