The BC Social Enterprise Fund Provides Grants to Not-For-Profits
Rebecca Byers — June 30, 2012 — Social Good
The BC Social Enterprise Fund is a project of the BC Social Venture Partners network, which provides a platform for business leaders interested in supporting not-for-profits dedicated to fostering positive social change. The BC Social Venture Partners network is a Canadian provincial network to which members, or "partners," and the Social Enterprise Fund is a a joint effort between the entity and the Vancity and Vancouver Foundation.
The BC Social Enterprise fund application is by invitation-only and provides second-stage capital grants to social enterprises. Once selected as a candidate for such a grant, each project begins development with a planning team equiped with at least one of the network's Social Venture Partners to serve as an advisor. Draft plans for each of the candidate projects are further evaluated in order to select the most viable for funding.
Contact Information
BC Social Venture Partners website
BC Social Venture Partners on Facebook
BC Social Venture Partners on Twitter
The BC Social Enterprise fund application is by invitation-only and provides second-stage capital grants to social enterprises. Once selected as a candidate for such a grant, each project begins development with a planning team equiped with at least one of the network's Social Venture Partners to serve as an advisor. Draft plans for each of the candidate projects are further evaluated in order to select the most viable for funding.
Contact Information
BC Social Venture Partners website
BC Social Venture Partners on Facebook
BC Social Venture Partners on Twitter
Trend Themes
1. Social Enterprise Funding - The BC Social Enterprise Fund is providing second-stage capital grants to social enterprises, creating an opportunity for the growth of more social enterprises.
2. Not-for-profit Support Networks - The BC Social Venture Partners network is providing a platform for business leaders interested in supporting not-for-profits dedicated to fostering positive social change, opening up an opportunity for networking and collaboration between businesses and not-for-profits.
3. Invitation-only Funding Applications - The BC Social Enterprise Fund is allowing for invitation-only applications for funding, offering a potential opportunity for the creation of similar funding systems for social enterprises in other regions.
Industry Implications
1. Nonprofit - The BC Social Enterprise Fund is providing grants to not-for-profits, highlighting the opportunity for the continued growth and innovation of the nonprofit industry.
2. Social Entrepreneurship - The BC Social Venture Partners network and Social Enterprise Fund is paving the way for social entrepreneurship, demonstrating the potential for combining business models with social impact.
3. Fintech - The joint effort between the BC Social Venture Partners network, Social Enterprise Fund, and Vancity and Vancouver Foundation highlights the potential for financial technology to be utilized in the funding and growth of social enterprises.
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