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Press Release

IRP 2.0 Investees Announced

All of the IRP Readiness Support Partners have announced the successful projects who have secured IRP 2.0 funding so far in 2022/2023. While we await further data analysis from our Ecosystem Builder partner, Ajah, please click on each of the Readiness Support Partners’ logos below to see their latest announcements listing their IRP Investees.

Canadian Women’s Foundation is investing more than $1 million into 21 outstanding Social Purpose Organizations (SPOs) including charities and non-profits, social enterprises, for-profits with social purposes, and co-operatives led by and for diverse women and Two Spirit, trans, and non-binary people in Canada. Their previous $2 million investment in August 2022 supported 28 SPOs as their Phase I of IRP 2.0.

Chantier de l’économie sociale has funded 59 Social Purpose Organization projects in Quebec.

These projects range from farmer worker co-ops to supporting social housing development and span across the province from inner city Montreal to rural regions of Quebec.

Community Foundations of Canada supports the widest criteria of eligible SPOs across Canada. In this round of IRP 2.0, they have invested $19.5 million in over 300 organizations. See their funding breakdown and analysis for IRP 2.0 investees by clicking above.

Foundation for Black Communities has invested $1.5 million of IRP 2.0 funding towards the entrepreneurship and innovation thriving in Black communities, thereby supporting Black people to develop greater well-being and economic prosperity throughout Canada.

FFBC boosts B3* Social Purpose Organizations’ participation in social innovation and social finance (*B3 = Black-owned, Black-led, Black-serving).

National Association of Friendship Centres is investing over $2 million in 28 urban Indigenous Social Purpose Organizations from coast to coast to coast. In particular, the NAFC is working to ensure that Friendship Centres and other urban Indigenous social purpose organizations have access to capital to develop, start and grow their social enterprises. These organizations have historically faced significant barriers in accessing capital to participate in Canada’s economic systems and growth. Click above for the list of NAFC investees via IRP 2.0.