The CAP Finance Social Finance Fund seeks to improve access to capital, encourage collaboration and attract private capital to reinforce and increase the scope of the social finance market interventions in Quebec.
The CAP Finance Social Finance Fund (SFF) is a fund manager selected by the government of Canada to manage capital that will reinforce and further develop the social finance market in Quebec.
The primary mission of the SFF is to invest capital in existing or developing market intermediaries who, in turn, invest in social purpose organizations (SPOs) whose activities have positive social, cultural and environmental impacts in Quebec. Designed with a lens of social equity and inclusionstrong>, the SFF seeks to reach and support underrepresented groups and diverse equity-seeking communities.
The SFF stems from a social innovation and social finance strategy from the federal government led by Employment and Social Development Canada (EDSC). The strategy’s purpose is to accelerate the growth of the social finance market throughout Canada. In addition to the CAP Finance Social Finance Fund, two other fund managers have been mandated by the government to support the rollout of the initiative across Canada.
We are proud to announce the recipients of our very first investments: the Aboriginal Savings Corporation of Canada, BKR Capital, Theia Partners and the Fonds Fiducie du Chantier de l’économie sociale. You can consult the full press release here.
The CAP Finance Social Finance Fund seeks to improve access to capital, encourage collaboration and attract private capital to reinforce and increase the scope of the social finance market interventions in Quebec.
to mobilize private capital from investors who value impact in their interventions and are interested in supporting social finance. Investors will have the privilege of being part of an innovative new structure all while having the advantage of choosing the intermediary in which they want to invest.
to invest in existing or emerging social finance intermediaries in Quebec, such as credit unions, community loan funds and private equity firms.
It does not work
directly with enterprises.
The CAP Finance Social Finance Fund invests in existing or emerging financial intermediaries who seek to support established SPOs in Quebec.
It also seeks to reach investors who value impact in their interventions and wish to invest in social finance intermediaries operating in Quebec.
Are you a financial intermediary or investor interested in learning more about the CAP Finance Social Finance Fund?
Social finance is an approach to mobilizing private capital that delivers a social dividend and an economic return to achieve social and environmental goals. Mobilizing private capital for social good creates opportunities for investors to finance projects that benefit society and for community organizations to access new sources of funds.*
* Source : https://www.canada.ca/en/employment-social-development/programs/social-finance.html
The CAP Finance Social Finance The CAP Finance Social Finance Fund is managed by CAP Finance, the solidarity and sustainable finance network. .
Created in 2009, this umbrella group is made up of the primary financial institutions that focus on the province's social economy and solidarity finance and contribute to recognizing and developing skills and expertise in the network. In addition to playing a key role in joint actions by major solidarity finance actors, their expertise in social finance is recognized both in Canada and internationally.
