A Total Of $32,500 Awarded To Three Social Purpose Organizations Through Investment Readiness Program
We’re happy to announce that we’ve granted a total of $32,500 to 3 social purpose organizations as a part of the Government of Canada’s Investment Readiness Program (IRP). These organizations are working to create meaningful jobs, strengthen the charitable and nonprofit sector, and address social challenges, including the United Nations 2030 Agenda for Sustainable Development. These organizations will be better prepared to receive investment, including through the Government of Canada’s Social Finance Fund.
The three projects that received funding include:
- Catalyst Agri-Innovation Society to complete a detailed feasibility study in providing manure management as a service ($12,500)
- Emkao Foods Inc to gain sales traction for their sustainable and traceable chocolate ingredients ($10,000)
- Kinghaven Peardonville House Society to provide employment, cultural connectedness, and supply quality products for First Nations communities. ($10,000)
“Our investments should aim to alleviate the systemic factors perpetuation inequality, with an eye to sustainable and inclusive economy for all Canadians,” says Andrew Chunilall, CEO of Community Foundations of Canada, a national partner in the Investment Readiness Program.
“We were honored to partner with Community Foundations Canada and the Government of Canada to grant funds to these deserving social purpose organizations. We are excited to watch them grow,” says Denise Thandi, Chair of our Community Grants committee.
Social purpose organizations strengthen local economies while giving back and creating more resilient and sustainable communities. The IRP also creates and advances new earned revenue possibilities for charities and nonprofits during this challenging time. For these reasons, IRP has a key role to play in pandemic recovery and in moving Canada towards the UN’s Sustainable Development Goals.
For a full list of grants awarded for this program through Community Foundations of Canada’s network, visit the CFC website here.