Recipient
SVXDepartment
Global Affairs CanadaAmount
$5.5M
Province
ONType
Contribution
Agreement Number
064-2021-2022-Q4-00099
Purpose
This project will improve sustainable livelihoods and economic well-being, particularly for women, their families and their communities, in targeted post-conflict and poverty-stricken areas of rural Colombia. 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 will 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. Overall, more than 20 impact investments funds as well as 100 impact enterprises, including inclusive or social businesses, cooperatives, associations, non-profit organizations, intermediaries and investors would be supported along with 10 rural communities, translating into at least benefit 3,150 direct beneficiaries, owners, members and staff of impact enterprises in rural areas, and 10,000 indirect beneficiaries and creating more than 500 new jobs
SVX × Global Affairs Canada
2 grants totalling $9.5M
International Development Assistance program
183 grants totalling $4.3B
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