Building the Marketplace
The Social Finance marketplace is in the early stages of development, requiring investment to build its infrastructure and make its benefits widely available. Some of our early market building commitments include support for:
In 2010, Social Innovation Generation (SiG) assembled a task force of Canadian business and community leaders to deliver recommendations to launch the development of an investment marketplace dedicated to addressing Canada’s social and environmental challenges. The task force published its recommendations in the landmark report: Mobilizing Private Capital for Public Good.
Launched in 2011 and jointly funded by the J.W. McConnell and Rockefeller Foundations, along with RBC, the TMX Group and KPMG, the Centre for Impact Investing is a national hub whose purpose is to develop awareness and the capability of Social Finance to generate capital, talent, and initiatives that address social and environmental goals in Canada.
- An initiative led by the Carleton Center for Community Innovation (3ci), the Canadian Impact Infrastructure Exchange will provide opportunity for large-scale investment in Canadian communities. The CIIX is envisioned as a non-profit structure that brings together all three levels of government with sources of private capital in order to facilitate investment in infrastructure with significant social and environmental impacts through public/private partnerships.