{"id":4955,"date":"2023-10-30T06:37:08","date_gmt":"2023-10-30T06:37:08","guid":{"rendered":"https:\/\/www.beacanadian.com\/?p=4955"},"modified":"2023-10-30T07:58:43","modified_gmt":"2023-10-30T07:58:43","slug":"canadas-investment-readiness-program-fuels-projects","status":"publish","type":"post","link":"https:\/\/www.beacanadian.com\/blog\/canadas-investment-readiness-program-fuels-projects\/","title":{"rendered":"Canada&#8217;s Investment Readiness Program Fuels 460 Projects"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4955\" class=\"elementor elementor-4955\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0b82638 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0b82638\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-08a6cac\" data-id=\"08a6cac\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-128b0fa elementor-widget elementor-widget-text-editor\" data-id=\"128b0fa\" data-element_type=\"widget\" id=\"tagk\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\tCanada Immigration News\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8649a50 elementor-widget elementor-widget-heading\" data-id=\"8649a50\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Government of Canada Supports Social Purpose Organizations<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d241fab elementor-widget elementor-widget-text-editor\" data-id=\"d241fab\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><b>Social purpose organizations, including social enterprises, charities, not-for-profits, and co-operatives<\/b><span style=\"font-weight: 400\">, play a vital role in addressing pressing social issues such as housing, poverty, employment, and climate change. They contribute to the creation of a more inclusive Canadian economy.<\/span><\/p><h2><span style=\"color: #4c7a9d\"><b>Investment Readiness Program Fuels Social Purpose Projects<br \/><\/b><\/span><\/h2><p><b>Minister of Families, Children, and Social Development, Jenna Sudds, announced that the Government of Canada, in collaboration with five readiness support partners and 22 ecosystem builders, has invested in 460 projects nationwide through the revitalized Investment Readiness Program (IRP).<\/b><span style=\"font-weight: 400\"> These projects empower social purpose organizations by enhancing their skills and capacity to access social finance investments. Activities include market analysis, product\/service development, business planning, and technical expertise acquisition. When combined with the pilot IRP, a total of $100 million has been allocated to 1,140 social purpose organizations.<\/span><\/p><h2><span style=\"color: #4c7a9d\"><b>Advancing Social Innovation and Finance<br \/><\/b><\/span><\/h2><p><b>Minister Sudds commended the funded social purpose organizations and ecosystem builders, extending gratitude to the Government of Canada&#8217;s readiness support partners for their two years of dedicated work in administering the IRP.<\/b><span style=\"font-weight: 400\"> The IRP is a key component of the Government of Canada&#8217;s Social Innovation and Social Finance Strategy, along with the Social Finance Fund and the Social Innovation Advisory Council. <\/span><b>A $50 million investment over two years for IRP renewal has been fully committed to projects.<\/b><\/p><h2><span style=\"color: #4c7a9d\"><b>Strengthening Communities Through Social Innovation<\/b><\/span><\/h2><p><span style=\"font-weight: 400\">These investments contribute to the growth and success of social purpose organizations, reinforcing the social innovation and social finance ecosystem in Canada. This, in turn, leads to more resilient and inclusive communities. <\/span><b>The local and national impact of the IRP underscores the significance of a thriving social finance ecosystem in the country.<\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-96feb90 elementor-align-left elementor-widget elementor-widget-breadcrumbs\" data-id=\"96feb90\" data-element_type=\"widget\" data-widget_type=\"breadcrumbs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/www.beacanadian.com\/app\/plugins\/elementor-pro\/assets\/css\/widget-theme-elements.min.css\"><p id=\"breadcrumbs\"><span><span><a href=\"https:\/\/www.beacanadian.com\/\">Home<\/a><\/span><\/span><\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-8a44ca8\" data-id=\"8a44ca8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-1f04292 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1f04292\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;none&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-cf5bebf\" data-id=\"cf5bebf\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-39a2795 elementor-widget elementor-widget-image\" data-id=\"39a2795\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/www.beacanadian.com\/app\/uploads\/2023\/07\/BAC-News-Live.gif\" class=\"attachment-large size-large wp-image-4249\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f32097d elementor-widget elementor-widget-text-editor\" data-id=\"f32097d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tPublished on: October 30, 2023\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-25999bc elementor-widget elementor-widget-heading\" data-id=\"25999bc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Discover more news:<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-525893d elementor-grid-1 elementor-posts--thumbnail-none elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-posts\" data-id=\"525893d\" data-element_type=\"widget\" data-settings=\"{&quot;classic_columns&quot;:&quot;1&quot;,&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;10&quot;,&quot;sizes&quot;:[]},&quot;classic_columns_tablet&quot;:&quot;2&quot;,&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/www.beacanadian.com\/app\/plugins\/elementor-pro\/assets\/css\/widget-posts.min.css\">\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-5195 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-immigration-policies\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.beacanadian.com\/blog\/ircc-new-deadlines-post-grad-work-permit\/\" >\n\t\t\t\tIRCC Announces Updated Deadline for Post-Graduation Work Permit Eligibility for Certain College Programs\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tMarch 26, 2024\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-5193 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-express-entry\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.beacanadian.com\/blog\/latest-express-entry-draw-1980-candidates\/\" >\n\t\t\t\tCanada&#8217;s Latest Express Entry Draw Invites 1,980 Candidates: A Focus on Skilled Occupations and French Proficiency\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tMarch 19, 2024\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-5254 post type-post status-publish format-standard has-post-thumbnail hentry category-news tag-immigration-policies\">\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.beacanadian.com\/blog\/immigrants-experience-employment-growth\/\" >\n\t\t\t\tNew Immigrants in Canada Experience Accelerated Employment Growth\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tMarch 5, 2024\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Discover how the Government of Canada&#8217;s Investment Readiness Program is strengthening social purpose organizations, driving social innovation, and fostering inclusive communities. Explore the impact of this $100 million investment in projects nationwide.<\/p>\n","protected":false},"author":3,"featured_media":4979,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.0 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Canada&#039;s Investment Readiness Program Fuels 460 Projects<\/title>\n<meta name=\"description\" content=\"Discover how the Government of Canada&#039;s Investment Readiness Program is strengthening social purpose organizations, driving social innovation, and fostering inclusive communities. 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