[et_pb_section fb_built=”1″ _builder_version=”4.16.1″ background_color=”#4B4B4D” background_image=”https:\/\/canada.coop\/wp-content\/uploads\/Lettre-oo-cmc.png” background_blend=”multiply” custom_padding=”40px|0px|40px|0px|true|false” animation_style=”fade” animation_duration=”1200ms” animation_delay=”100ms” global_colors_info=”{}”][et_pb_row _builder_version=”4.16.1″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”0px||0px||false|false” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”3%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16.1″ custom_padding=”0px||0px||true|false” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16.1″ text_font=”||||||||” header_font=”|700||on|||||dotted” header_text_align=”center” header_text_color=”#FFFFFF” header_font_size=”40px” header_line_height=”1.3em” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”0px||0px||true|false” custom_padding=”9px||1px||false|false” animation_style=”fade” header_font_size_last_edited=”off|desktop” locked=”off” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.17.0″ _module_preset=”default” background_image=”https:\/\/canada.coop\/wp-content\/uploads\/circle-background-pattern.png” global_colors_info=”{}”][et_pb_row _builder_version=”4.17.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.17.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
Co-operatives and Mutuals Canada was proud to be an ecosystem mobilizer and to facilitate access to the federal government\u2019s Investment Readiness Program (IRP) for co-operatives and mutuals, recognized as social purpose organizations. CMC\u2019s role as an ecosystem mobilizer was to inform the co-op sector of the Program and support them in their application process.<\/p>\n
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All of the funding partners have concluded their funding cycles for 2022\/23.<\/strong><\/p>\n <\/p>\n [\/et_pb_text][et_pb_button button_url=”https:\/\/irp-ppi.ca\/en\/partners\/” button_text=”Learn more about the IRP funding partners” button_alignment=”center” _builder_version=”4.23.1″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][\/et_pb_button][et_pb_text _builder_version=”4.17.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n Many Canadian co-ops and mutuals had the chance to receive financing from the Investment Readiness Program (IRP).\u00a0<\/p>\n Consult the list down below to learn more about the co-operative enterprises that received financing from the IRP.<\/p>\n <\/p>\n [\/et_pb_text][et_pb_button button_url=”https:\/\/canada.coop\/en\/irp-coops\/” button_text=”Co-ops and mutuals that received funding from the IRP” button_alignment=”center” _builder_version=”4.23.1″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][\/et_pb_button][et_pb_button button_alignment=”center” _builder_version=”4.23.1″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][\/et_pb_button][et_pb_divider divider_weight=”4px” _builder_version=”4.17.0″ _module_preset=”default” width=”50%” max_width=”50%” module_alignment=”center” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.22.1″ _module_preset=”default” text_font=”|||on|||||” text_orientation=”center” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row use_custom_gutter=”on” gutter_width=”2″ _builder_version=”4.17.0″ _module_preset=”default” max_width=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_toggle title=”Context” open_toggle_text_color=”#0096D6″ open_toggle_background_color=”#FFFFFF” closed_toggle_background_color=”#FFFFFF” icon_color=”#0096D6″ toggle_icon=”;||divi||400″ use_icon_font_size=”on” open_icon_color=”#0096D6″ open_toggle_icon=”:||divi||400″ _builder_version=”4.22.1″ _module_preset=”default” title_text_color=”#0096D6″ title_level=”h2″ title_font=”|||on|||||” title_font_size=”20px” border_color_all=”#0096D6″ global_colors_info=”{}” border_radii__hover_enabled=”on|desktop”]<\/p>\n In Fall 2018, the Government of Canada announced the creation of a\u00a0Social Finance Fund<\/strong>\u202fto be invested over the next 10 years. This Fund includes the $50 million of the Investment Readiness Program that will be over two years to help social purpose organizations to improve their ability to successfully participate in the social finance market. In the pilot project, the IRP funded\u00a059 co-operatives<\/a>. In total, they received 3,4M$.<\/p>\n Through the IRP, co-operatives and other social purpose organizations can apply to get funding in order to :<\/p>\n For more information visit the\u00a0Discussion guide for the Investment and Readiness Stream of the Social Finance Fund<\/a>.<\/p>\n [\/et_pb_toggle][et_pb_toggle title=”What is the Investment Readiness Program (IRP)?” open_toggle_text_color=”#0096D6″ open_toggle_background_color=”#FFFFFF” closed_toggle_background_color=”#FFFFFF” icon_color=”#0096D6″ toggle_icon=”;||divi||400″ use_icon_font_size=”on” open_icon_color=”#0096D6″ open_toggle_icon=”:||divi||400″ _builder_version=”4.22.1″ _module_preset=”default” title_text_color=”#0096D6″ title_level=”h2″ title_font=”|||on|||||” title_font_size=”20px” border_color_all=”#0096D6″ global_colors_info=”{}” border_radii__hover_enabled=”on|desktop”]<\/p>\n Launched in June 2019, the\u00a0Investment Readiness Program (IRP)<\/a>\u00a0is an initiative of the federal government aiming to support social purpose organizations for their participation in the social finance market. The IRP offers funding between $ 10,000 and $ 100,000 in non-repayable capital to buy services that help launch, design, measure and develop social purpose organizations.<\/p>\n The Investment Readiness Program (IRP) includes\u00a025 partners<\/a>:<\/p>\n [\/et_pb_toggle][et_pb_toggle title=”Resources” open_toggle_text_color=”#0096D6″ open_toggle_background_color=”#FFFFFF” closed_toggle_background_color=”#FFFFFF” icon_color=”#0096D6″ toggle_icon=”;||divi||400″ use_icon_font_size=”on” open_icon_color=”#0096D6″ open_toggle_icon=”:||divi||400″ _builder_version=”4.22.1″ _module_preset=”default” title_text_color=”#0096D6″ title_level=”h2″ title_font=”|||on|||||” title_font_size=”20px” title_line_height=”1.2em” border_color_all=”#0096D6″ global_colors_info=”{}” border_radii__hover_enabled=”on|desktop”]<\/p>\n CMC acts as an\u202fecosystem builder\u202fand serves as a bridge between co-operatives and the Social Innovation (SI) and Social Finance (SF) ecosystem.<\/p>\n If you want to learn more about social finance in Canada, you can consult the\u00a0summary<\/u>\u00a0(5 pages)<\/a>\u00a0or\u00a0complete<\/u>\u00a0(60 pages)\u00a0<\/a>report of the\u00a0Table of Impact Investment Practitioners (TIIP).<\/p>\n You can consult an\u00a0overview of the IRP pilot project<\/a>\u00a0and its impact on co-ops.<\/p>\n If you are an investor or a developer and want to learn more about the co-op sector, please consult our\u00a0co-op guide for funders and impact investors<\/a>.<\/p>\n Browse our list of expert service providers<\/a> for the co-operative sector.<\/p>\n Consult\u00a0the list of the 59 co-operatives who received funding from the IRP pilot project<\/a>.<\/p>\nAbout the Investment Readiness Program (IRP)<\/h2>\n
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