Recipient
SVXDepartment
Global Affairs CanadaAmount
$4.0M
Province
ONType
Contribution
Agreement Number
064-2021-2022-Q4-00099
Purpose
This project seeks to establish an Investment Readiness Platform (“Colombia SI2”) within Colombia that will provide capital and capacity support for enterprises, cooperatives, organizations and funds seeking to start or scale their impact, with a particular focus on rural regions in Colombia and enterprises serving women. The proposed initiative would consolidate Colombia’s social impact investing ecosystem and act as a catalyzer for Colombia’s impact investing sector to advance toward maturity. Through SI2 Impact investing will play a critical role in responding to intractable challenges, from social, environmental and economic well-being for all citizens to the impacts of COVID-19. The geographic scope of this project will focus on rural departments and vulnerable communities in Colombia. The project will seek to target (although will not necessarily be limited to): the Northern Coast (Costa Norte), Pacific Coast (Pacifica) and Amazon (Amazonia), with a particular focus on reaching isolated regions in those parts of the country. Although the focus will be rural, small and mid-sized towns and cities within Departments in these larger regions will be critical entry points into more isolated communities. Moreover, we will also seek to engage indigenous nations and communities within these three target regions.
SVX × Global Affairs Canada
2 grants totalling $9.5M
International Development Assistance Program
1,000 grants totalling $12.1B
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