Recipients Generate Millions in Market Revenue While Serving Social Needs Created by the Trico Charitable Foundation in 2011, the biennial Social EnterPrize celebrates Canadian social enterprises that demonstrate best practices, impact and innovation. Social enterprises are organizations, for-profit or not-for-profit, that blend financial success and social impact by using markets to solve social problems. The […]Read More ›
Social Finance Round Up (Canada Special): Sustainable Investing Professional Certification
SocialFinance.ca produces a weekly round up featuring social finance related news, insights, job openings, and events. We source the content for these round ups from Twitter, an RSS reader, and directly from our community of social finance practitioners. Below is our round up for the week of July 25, 2011. Note: This week, we are delighted to present a Round Up dedicated to Canadian news.
Last Week on SocialFinance.ca
Shawn Smith posted Global Catalyst Initiative – Call for Applications on July 21st
Nabeel Ahmed posted Video: The Investor’s Circle, Early Stage Impact Investors on July 22nd
September 6-9, 2011, Ft. Mason Centre, San Francisco
SocialFinance.ca is convening the Canadian Delegation at SOCAP 11 again this year! Social Capital Partners brings together 1200+ leading thinkers and practitioners from across North America and abroad to discuss trends and opportunities tied to fields of impact investing, social entrepreneurship and social innovation. This year, themes cover social innovation design, capital and philanthropy. Canadian guests also receive a special discount on the SOCAP ticket through SocialFinance: use the promo code SocialFinance25. Participants in the Canadian delegation @ SoCap11 will include a cross-section of government, finance, philanthropy, and social enterprise professionals. Please register on or before August 15, 2011. We look forward to seeing you there!
October 17-20, 2011, Palais des congres, Montreal
FIESS 2011, proudly hosted by Quebec, will highlight the strength of the social and solidarity economy throughout the world, the diversity of its experiences and the innovative character of its enterprises, as well as the numerous partnerships that have been built between public organizations and civil society. It will bring together the key players of the social and solidarity economy from over 40 countries in the Americas, Africa, Europe and Asia. The central theme of this international meeting will be the need for a dialogue between government and civil society in order to develop public policies for the social economy.
The John Molson School of Business at Concordia University is launching the Sustainable Investment Professional Certification (SIPC), the world’s first professional designation of its kind being offered by a university for investment professionals. SIPC is designed for professionals in the finance, investment, and corporate world to take full advantage of new professional opportunities through a rigorous training curriculum in the field of sustainability. Become part of a sustainable pathway into the future! For more details, please click here.
The Hamilton Community Investment Fund (HCF) made its first loan of $300,000 in its partnership with the Community Forward Fund (CFF). In May, the two organizations announced a partnership to provide loans to the non-profit and charitable sector. According to the agreement, HCF will provide $2 million in loan capital to Hamilton organizations from its $5 million community investing fund; CFF will provide due diligence, administration and evaluation services for loans and will also offer financial coaching services to these loan recipients.
Involving support from members of CBERN’s SRI Cluster, the Carleton Centre for Community Innovation (3ci) was recently awarded a 5-year, $1 million Community-University Research Alliance (CURA) grant from the Social Sciences and Humanities Research Council (SSHRC) for the “Responsible Investing Initiative” (RII). Their research will include: Responsible investing business cases, responsible investing and fund governance, legal and regulatory regimes, and two case studies surrounding the extractive sector and impact investing.
The CURA Responsible Investing Initiative met in July. The objective of the CURA is to have more Canadian institutional investors engage in responsible investing with its attendant positive impacts for Canadian communities. Such a shift to responsible investing requires deep changes at the institutional and policy level in order to move beyond advocating change to actual change in institutional behaviour. CURA includes 39 partners from across Canada and Internationally.
The inaugural meetup of the Canadian Global Impact Investing Group took place on Friday, June 22 in Toronto. The event, targeted towards the general audience, had a good turnout and kicked off a number of discussions on the impact investing space in Toronto. Read what Todd Skene, the organizer, had to say about the event on SocialFinance.ca.
Learnings and Best Practices
The Canadian Environmental Grant Makers Network published two new reports:
- Canada and the Green Economy: The Role for Philanthropy by Alex Wood of Sustainable Prosperity (PDF)
- How to Accelerate Canada’s Transition to a Green Economy and the Role for Philanthropy by Tyler Hamilton of the Toronto Star (PDF)
Acumen 101 by Toronto for Acumen
August 2, 2011, Network Orange, 221 Yonge Street, Toronto
Workshop: Call for Participation:”Socially Responsible Investment and Canadian Extractive Industries”
September 10-11, 2011, University of British Columbia (UBC)
The Corporate and Community Social Responsibility Conference
November 15, 2011, Algonquin College, Ottawa, Ontario
Rise Asset Development is looking for a Loan Officer and Community Relations Officer on a six-month contract (with possible extension). Rise Asset Development, with the support of the Rotman School of Management and the Centre for Addiction and Mental Health, provides micro-financing and mentorship to men and women living with mental illness and addiction. [Details, PDF]
ACCESS Community Capital Fund is hiring a full-time Program Coordinator to join our small team working to build and expand an organization that is becoming a key player in promoting micro-lending and economic development in Toronto communities. The position will aim to provide support to loan applicants and recipients as well as assisting the various Loan Review Committees in their evaluation cycles and lending activities. The individual will also be responsible for managing ACCESS’ outreach initiatives and oversee the client intake process. ACCESS Community Capital Fund is a Canadian registered charity granting micro-loans to entrepreneurs in Toronto where the abilities, skills and commitment of the applicant together with the strength of the business plan are key decision criteria. Interested applicants should submit a Cover Letter and resume or CV addressed to Alex Kjorven at email@example.com by Monday August 8th, 2011. To view the complete role description, click here.
The Community Forward Fund (based in Ottawa) is looking for a Loans Officer. The Community Forward Fund Assistance Corporation (CFFAC) is a loan and financing organization for charitable and non-profit organizations in Canada. It also offers financial coaching and financial fitness services. Under direction from the CEO and CFO, the Loans Officer will administer CFFAC Loans within defined policies and procedures. The successful candidate will review lending applications, prepare recommendations supported by detailed analysis and handle closing details. The deadline for submissions is August 12th, 2011.
Did we miss any news, insights, or events? Use the comment form below to add to this round up. Photo credit: http://www.flickr.com/photos/benimoto/603815615/