Posts Tagged ‘Social Finance’

MaRS Launches a New Initiative and Hosts Impact Ontario

The MaRS Centre for Impact Investing is pleased to announce the launch of their newest initiative: Community Finance Solutions. It provides expert advisory support to high-potential initiatives creating new impact investing funds and innovative financial products. Click here for more information.

MaRs is also hosting Impact Ontario on March 18th, a landmark conference that brings Ontario ventures together with investors and intermediaries. Click here for more details.

Food, Farms, Fish and Finance

A forum for exploring the delicious, diverse, and delicate potential for social finance and impact investing in our food system will be taking place on Saturday May 25 and Sunday May 26 at the
Centre for Social Innovation in Toronto.

For more info visit Sustain Ontario.

Innoweave Workshops

Innoweave workshops on Cloud ComputingDevelopmental EvaluationImpact and Strategic ClaritySocial Finance, and Social Enterprise are taking place across Canada.

To learn how your organization can participate, click here.

For the latest Innoweave news and activities, visit www.innoweave.ca.

Innoweave Workshops

Innoweave is the Foundation’s platform for sharing practical tools for social innovation. It is organized as a series of modules, available online or in workshops that are now being offered across Canada.

The following Innoweave opportunities for non-profit organizations are currently available:

The Impact and Strategic Clarity module, a six-month guided planning process taking place across Canada, starting in April 2013. Applications for this module are due March 4.
A full-day Cloud Computing workshop on April 18 in Toronto, hosted by the Sustainability Network. Applications are due March 22.
A full-day Social Enterprise workshop on April 16 in Hamilton, hosted by United Way of Burlington and Greater Hamilton. Applications are due March 15.

Individuals who are seasoned facilitators and have an interest in Social Enterprise can attend Innoweave’s Social Enterprise Facilitator Training on April 15-16. This training will allow facilitators to use Innoweave’s open-access curriculum to deliver a Social Enterprise workshop within their own networks. Applications for the Facilitator Training are due March 15.

Applications for the following workshops for non-profit organizations will open in the coming weeks, with applications due in early April. Space is limited, so sign up early.

Social Finance on May 1 in Edmonton, hosted by Social Enterprise Fund
Developmental Evaluation on May 2 in Calgary, hosted by United Way Calgary
Social Enterprise on May 10 in St. John’s, hosted by Newfoundland Community Sector Council

Innovation, Austerity’s Grandchild

SiG Senior Advisor and former Foundation President Tim Brodhead was recently published in the quarterly journal, The Philanthropist. The article, Innovation, Austerity’s Grandchild, addresses how social finance is creating space for innovation, resulting in a new narrative that underscores the critical contribution of the community sector to tackling complex challenges facing Canadian society.

Read the full article here.

Social Finance Update

At the UN PRI-CBERN Academic Network Conference on Responsible Investment in Toronto on October 3, the Foundation’s Erica Barbosa and Concordia University professor Margie Mendell presented on Impact Investing, exchange platforms, and early developments of secondary markets.

Download Impact investing: a preliminary analysis of emergent primary and secondary exchange platforms, to learn more.

Social Finance Spotlight

Visit our website spotlight on Social Finance to learn about the Foundation’s commitment and collaborations in this emerging field.

Spotlight resources include the Canadian Task Force on Social Finance‘s report Mobilizing Private Capital for Public Good – Measuring Progress During Year One, and a Social Finance Q & A with past McConnell President, Tim Brodhead.

Private Capital for Public Good

The one year anniversary of the release of the Canadian Task Force on Social Finance‘s landmark report, Mobilizing Private Capital for Public Good, was celebrated at the official launch of the MaRS Centre for Impact Investing and the 2011 Social Finance Forum: Investing in Good Deals on December 13 and 14 in Toronto.

Nearly four hundred people attended the evening reception celebrating the official launch of the Centre, which is jointly funded by the Rockefeller Foundation, the McConnell Foundation and TMX Group Inc. At the reception, guest speaker Antony Bugg-Levine, formerly of the Rockefeller Foundation and now head of Nonprofit Finance Fund, launched his new book, Impact Investing: Transforming How We Make Money While Making a Difference.

Following the reception, the Centre hosted the Social Finance Forum, an annual forum supporting the growth of social finance and impact investing in Canada. The Forum brought social ventures, impact investors and mainstream finance practitioners together with the aim of providing practical education and support to mobilize the exchange of capital and inspire new ideas.

The forum presented leading social finance experts, including Amit Bouri, Director of Strategy and Development at the Global Impact Investing Network (GIIN), who highlighted the importance of measuring social and environmental impact.

The forum also coincided with the Task Force’s release of Mobilizing Private Capital for Public Good – Measuring Progress During Year One, a progress report highlighting some of the developments relevant to the recommendations of the Task Force over the past year.

A video highlighting many of the forum’s key events and presentations can be viewed here.

MaRS to launch Centre for Impact Investing

MaRS Discovery District announced this week that substantial funding support from the Rockefeller Foundation and the McConnell Foundation will be made available for the Centre for Impact Investing, to be housed at MaRS.

The Centre for Impact Investing will build upon the foundational work of MaRS and Social Innovation Generation (SiG), including the landmark report, Mobilizing Private Capital for Public Good, by the Canadian Task Force on Social Finance. The Centre will be a national hub that will increase awareness for and effectiveness of social finance to catalyze new capital, talent, and initiatives dedicated to tackling social and environmental problems in Canada. The Centre will act as a point of global connection for Canadian efforts into the emerging field of impact investing, delivering programs and initiatives focused on research and policy, market and product development, and education and engagement initiatives to build the collective ability to mobilize private capital towards public good.

See the Globe and Mail’s coverage of this announcement

On-Ramping to the Next Economy: Financing Innovation, Sustainability, and Resilience

Stephen Huddart’s recent contribution to the Open Source Business Resource speaks about creating resilient local economies and the possibility of networking these nodes to “reshape markets in the public interest, rather than to a race to protect and monopolize benefits for a select few.”

An excerpt:

According to one feisty audience member at a conference I spoke at in Phoenix recently, growing US indebtedness and a weakening dollar will result in the US dollar losing its role as the world’s reserve currency. As other countries elect to price their transactions in Euros, gold, or something else, they will dump their unwanted dollars, driving the greenback even lower. Consequently, he insisted, it’s time to think about creating local and regional currencies, along with the militia we’ll need in order to protect ourselves when the US government goes bankrupt… Without subscribing to the alarmist and defeatist rhetoric of our commentator, we can agree that resilient local economies are an important element in any innovation ecosystem.

Read the blog post in its entirety here.