Loan
Indigenous Growth Fund
The Indigenous Growth Fund is Canada’s newest and largest Indigenous social impact fund. The $153M investment fund provides improved access to capital for Aboriginal Financial Institutions and Indigenous small and medium-sized enterprises (SMEs), overcoming some of the barriers they have historically faced.
- 4.5/5.0
- NACCA
- All levels
- Last updated 2 years ago
- English
Description
The Indigenous Growth Fund is Canada’s newest and largest Indigenous social impact fund. The $153M investment fund provides improved access to capital for Aboriginal Financial Institutions and Indigenous small and medium-sized enterprises (SMEs), overcoming some of the barriers they have historically faced.The fund’s innovative evergreen model – a first of its kind in Canada – offers institutional and social impact investors a direct vehicle to contribute to economic reconciliation. Capital from the Fund will ensure that AFIs can continue to support Indigenous business clients in their communities and will unlock pent-up loan demand for new and expanding Indigenous businesses, allowing them to make loans available to more and larger businesses.