# Big-Time Social Venture Firms Renewal Funds is a Canadian Certified B Corporation By Social Business Editor | Published 2014-05-04 | Social Good Source: Trend Hunter, https://www.trendhunter.com/trends/renewal-funds References: [bcorporation.net](http://www.bcorporation.net/community/renewal-funds) & [renewalfunds](http://renewalfunds.com/) Certified B Corporation Renewal Funds is a Canadian social venture fund. The Social Business editorial team came across a very interesting and crucial quote by Joel Soloman, the Chairman of Renewal in Forbes. "Money tends to corrupt; few people can handle large amounts of money without being corrupted by it," [they wrote](http://www.forbes.com/sites/devinthorpe/2014/04/28/14-ideas-that-will-surprise-or-inspire-you/). "'Love,' he says, 'is the real currency' for social change." That's a very powerful claim that could be taken for granted but it seems as though Renewal Funds takes this into consideration in its approach to [social and environmental change](https://www.trendhunter.com/trends/impact-investing). And that also makes big business: Renewal based in Vancouver, British Columbia has over [$80 million under management](https://www.trendhunter.com/trends/market-funds). **Contact Information** Renewal Funds [website](http://renewalfunds.com/) Renewal Funds on [Facebook](https://www.facebook.com/pages/Renewal-Funds/572213232805517) Renewal Funds on [Twitter](https://twitter.com/Renewal2) ## Trend Insights (Trend Hunter) - Score: 5.0/10 - Popularity: 60% | Activity: 83% | Freshness: 8% - Audience gender: 70% men, 30% women - Primary generations: Gen X - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Social Good](https://www.trendhunter.com/socialgood) > [Social Business](https://www.trendhunter.com/socialbusiness) ## Key Themes ### Key Themes Behind This Trend - **Certified B Corporations:** Renewal Funds is a Certified B Corporation, creating disruptive innovation opportunities for businesses to prioritize social and environmental change alongside profits. - **Social Venture Funds:** Renewal Funds is a social venture fund, highlighting the potential for disruptive innovation in the finance industry by investing in businesses with a social and environmental mission. - **Love as Currency:** Renewal Funds emphasizes the value of love as the real currency for social change, presenting disruptive innovation opportunities for businesses to prioritize love and compassion in their operations. ### Where This Applies - **Finance:** Renewal Funds showcases disruptive innovation opportunities in the finance industry by investing in businesses with a social and environmental impact. - **Social Entrepreneurship:** Renewal Funds operates in the social entrepreneurship industry, demonstrating disruptive innovation possibilities for businesses that prioritize social change alongside profits. - **Environmental Sustainability:** Renewal Funds promotes disruptive innovation in the environmental sustainability industry by investing in businesses that focus on positive environmental impact. ## Related on Trend Hunter - [Philanthropic Investment Banks](https://www.trendhunter.com/trends/builders-vision.md) - [Responsible Investment Platforms](https://www.trendhunter.com/trends/responsible-investment-platform.md) - [Regenerative Medicine-Focused Partnerships](https://www.trendhunter.com/trends/regenerative-medicine.md) - [Philanthropic Housing Initiatives](https://www.trendhunter.com/trends/build-from-the-heart.md) - [Canadian Entrepreneur-Focused Marketplaces](https://www.trendhunter.com/trends/canadian-entrepreneur.md) - [Rwandan E-Bike Expansions](https://www.trendhunter.com/trends/ampersand-1.md) - [Sustainable Brand Certificates](https://www.trendhunter.com/trends/certified-b-corporation.md) - [Canadian Non-Profit Organization-Supporting Campaigns](https://www.trendhunter.com/trends/canadian-nonprofit-organization.md) - [CPG Goods-Focused Initiatives](https://www.trendhunter.com/trends/accelerator-program1.md)