B Corporations have been making a lot of noise in 2012. Today, Canadian enterprises shared the spotlight, as B Lab – the non-profit behind B Corps - announced the 39 Founding Canadian B Corporations (Press Release, PDF). SocialFinance.ca also received an email from Vale Jokisch, Director of Services, B Lab to share with the community in Canada. Read more to see a video of co-founder Jay Coen Gilbert on B Corps, as well as a surprise!
In an article written for The Philanthropist, Nora Sobolov, President and CEO of the Community Forward Fund, provides insight into alternative financing options for nonprofits. In Why you should care: how charities, nonprofits, and foundations can benefit from social finance, she discusses a number of ways to secure flexible funding that can help bridge the gaps between grant funding and project-based funding.
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 January 30.
Mark January 24, 2012 in your calendar as the date when impact investing went mainstream in Canada. Today RBC, the largest of Canada’s Big Five (banks), has joined the growing ranks of major global institutions like Deutsche Bank, and national leaders like Vancity and le Chantier de l’économie sociale in demonstrating real leadership in impact investing.
The bank has just announced a $20 million commitment in an impact investing strategy that will include the creation of a new $10 million RBC Impact Fund and the allocation of $10 million from RBC Foundation’s assets into socially responsible investment (SRI) funds. It is the first initiative of its kind announced by a major financial institution in Canada.
The SocialFinance.ca weekly round up is back! SocialFinance.ca produces a 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 weeks of January 16 and January 24.
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Your Guide helps social entrepreneurs learn how to attract financing for their social ventures.
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Your Guide to Social Finance
SocialFinance.ca hosts an online guide that helps social entrepreneurs learn how to attract financing for their social ventures.
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