Social Finance Implementation Funding
Organizations that have participated in an Innoweave Social Finance workshop and are clear on the money that they require, how they will repay it, the assistance that they require (e.g. to confirm feasibility/complete an application) are invited to apply for Innoweave Social Finance Implementation Funding.
Funding applications are reviewed twice annually. Organizations that have attended an Innoweave workshop can submit funding applications up until the first working day following January 1st and July 1st. Applicants will receive a response within 4-6 weeks of these deadlines.
To apply for funding:
- Fill out an online application here. This application will include basic information about your organization.
- Develop a project plan and attach it to your online application. This should include more detailed information about your project goals and needs.
- Provide us with information (e.g. a bio, website, or merely a link back to the innoweave coaches page) on the coach you plan to work with (this can be attached to your online application).
- Fill out all forms in full and do not forget to hit "Submit Application" when you are done.
Expressions of Interest
Organizations that have not attended an Innoweave workshop can submit an Expression of Interest directly to firstname.lastname@example.org by May 15th or November 15th (or by the first working day following the 15th). Expressions of Interest will be reviewed by the Innoweave team; organizations will be notified within 2 weeks of the Expression of Interest deadline if they are approved to proceed to a full funding application. When submitting, please include "Expression of Interest" in the email subject line.
More information about the funding process can be found on our Funding FAQ page.
Other Sources of Support
Organizations may also wish to consider expanding their current financial relationships. They may also consider:
- The Community Forward Fund, a national fund developed specifically for the not-for-profit sector.
- Credit unions across Canada, many of which have advisory programs for nonprofits seeking financing. List of credit unit unions.
- Local community loan organizations, such as the Ottawa Community Loan Fund and Saint John Community Loan Fund, which provide advice and financing to non-profits.
- The MaRS Centre for Impact Investing, which helps organizations develop a financial product or seek investment for their venture. A list of social finance funds is available on their knowledge hub.