Tuesday, April 09, 2019
CIRE is proud to announce its contribution to the National Social Value Fund, a not-for-profit organization that funds and provides resources to Canadian Social enterprises and enterprising non-profits that have positive social, socio-economic, or environmental goals; through a model that empowers and provides learning opportunities for university-level students across Canada.
The grant capital will be managed by the student investment team now known as the Vancouver Social Value Fund (VSV), a subsidiary of National Social Value Fund. This student investment team will apply the funds in alignment with our mission to contribute to the efforts of building an inclusive local economy by supporting goods, services, social service support and employment opportunities for the residents in the communities within which we work.
As a prime example, the first loan utilizing a portion of CIRE’s contribution from the fund was to CleanStart, a Vancouver social enterprise that provides top quality professional services while also offering employment opportunities to people who have barriers to employment, such as poverty and disability, to support their business expansion.