London Community Foundation is a charitable organization dedicated to improving communities across London and Middlesex County. We do this by pooling the charitable gifts of donors to create endowment funds and using the investment income to make grants. London Community Foundation also provides leadership — monitoring this area's quality of life and convening people, ideas, and resources to help build stronger and more resilient communities.
In Canada's community sector, business as usual isn’t enough to deliver the results we need. Fortunately, new approaches such as developmental evaluation, social enterprise, social finance, impact and strategic clarity, collective impact, outcomes finance, constructive engagement, scaling impact, and cloud computing are helping charities and non-profits generate greater impact, more quickly, and at less cost.
Current round of applications due are March 15th, 2019 for the Libro Social Enterprise Incubator, a program of Pillar Nonprofit Network starting April 1st, 2019.
London is one of Canada’s leading social finance communities, where collaboration and innovation has already created more than $7 million in additional capital towards an inclusive economy.
Yesterday, Lina Bowden, VERGE Capital provided her remarks to the Senate of Canada and a packed room of MP’s and supporters of the Social Innovation and Social Finance Strategy for Canada 5. Below are her remarks.
PANEL REMARKS AT THE SENATE OF CANADA
Each quarter we invite startup social enterprises to join us for six months of integrated, supported learning at Innovation Works. Sponsored by Libro Credit Union, we provide ongoing coaching, mentorship, learning opportunities and resources to boost the impact of these social enterprises.
Drum roll please... with 20 investors we have exceeded our goal and raised $2,260,000 in lending capital that will fund numerous social enterprises, environmental initiatives and affordable housing in our communities over the next 7 years.
Each quarter we invite six startup social enterprises to join us for six months of integrated, supported learning at Innovation Works. Sponsored by Libro Credit Union, we provide ongoing coaching, mentorship, learning opportunities and resources to boost the impact of these social enterprises.
"Having a space that is forward thinking but is also value driven and has all kinds of talent in one building, @Innovation Works is a hub of social enterprise and good business in London"
Starting a social enterprise? Embedding social values into an existing business? Creating a sustainable model for your non-profit? Give yourself the best chance of success by immersing yourself in the right environment with @PillarNN.
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.