Funded by the Government of Canada, the Investment Readiness Program (IRP) supports social purpose organizations as they contribute to solving pressing social, cultural and environmental challenges across Canada.
Its goal is to help social purpose organizations build their capacity to participate in Canada’s growing social finance market and prepare for the Government of Canada’s broader investment in social finance via the Social Finance Fund.
Community Foundations of Canada is proud to serve as one of the IRP’s national funding intermediaries alongside the National Association of Friendship Centres, Chantier de l’économie sociale, the National Aboriginal Capital Corporations Association (NACCA), and the Canadian Women’s Foundation (CWF).
CFC is collaborating with regional partners across the country to award IRP funding, including in Quebec, where CFC and community foundations have collaborated with the Chantier de l’économie sociale.
In Budget 2021, the Government of Canada renewed its commitment to the Investment Readiness Program. CFC was recently selected by the Government of Canada to participate in this additional funding round, alongside other funding intermediaries working across the sector. CFC will provide more details on the timelines for funding through CFC in the coming months.