Investment Readiness Program

Program overview The Government of Canada’s Investment Readiness Program (IRP) is a new $50M fund that, in partnership with Community Foundation of Canada, aims to help social purpose organizations build their capacity to participate in the growing social finance market. The IRP is also designed to help these organizations prepare for the Government’s broader investment in ​social finance​ via the ​Social Finance Fund​, a historic new $755M commitment which is expected to be launched in 2020. Saskatoon Community Foundation is proud to announce its participation in a provincial consortium, which will be a regional partner to Community Foundations of Canada in the Investment Readiness Program (IRP). The Saskatchewan consortium consists of Saskatoon Community Foundation, South Saskatchewan Community Foundation, Prince Albert Community Foundation and North Battleford Community Foundation along with industry partners.

The IRP’s goal is to help social purpose organizations move towards investment readiness. Funding can be used to research, launch, design, measure and scale up social enterprises. A social enterprise is an organization or program that is mission-driven, aiming to sell goods or services to earn a revenue, while also helping achieve positive social, cultural or environmental results.

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