VERGE Breakthrough Fund reaches $2 million goal, seeking investments in Southwestern Ontario.

14 local investors have pooled their capital in the VERGE Breakthrough Fund, exceeding our $2 million goal.  We are now actively looking for investments in affordable housing, community real estate and growing social enterprises in Southwestern Ontario.
 
The VERGE Breakthrough Fund provides debt financing up to $500,000 for affordable housing, community real estate and growing social enterprises in Southwestern Ontario.  The Fund makes it possible for caring investors to leverage their investment portfolio to create positive community impact through a pooled approach.
 
Pillar Nonprofit Network, in partnership with SVX and supported by our local VERGE collaborators, have established the VERGE Breakthrough Fund to demonstrate that investors CAN earn a financial return while creating significant community impact. Over $40 billion from Southwestern Ontario is held in non-local, traditional investment portfolios. The VERGE Breakthrough Fund is unlocking that capital for our communities.
 
Investor. Entrepreneur. Partner. Supporter. We are ALL INVESTED in positive community impact.

Learn more, become an investor and apply for funding at www.vergecapital.ca.

Follow VERGE Capital on Facebook & Twitter to see who else is #Invested.
Article type: 
News
News Topic: 
Grants and Funding
Newsletter
Nonprofit Sector Development
Social Enterprise
Social Finance
Social Innovation

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