NEWS RELEASE
BARRIE COMMUNITY FOUNDATION
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Barrie Community Foundation is offering eligible social enterprises that are working to do good in the central Ontario region the opportunity to access funding through the Investment Readiness Program (IRP).
This is part of a $50-million national initiative 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 in order to get ready to accept investment.
“We’re excited about this new funding. With so many inspiring community leaders already making a difference in new ways, they are unlocking innovative solutions to social challenges.” says Marshall Green, chair. “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 Barrie Community Foundation is a regional partner, should be submitted between now and Nov. 22 through the program’s website, the Investment Readiness Program — Community Foundations of Canada, or email [email protected] with any inquiries about the program.
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