As per: http://www.awebusiness.com/pages/Financing/default.aspx
AWE financing can help women in Alberta purchase a business, start a new business or grow your existing business.
Our repayable loans (up to $150,000) have flexible repayment options and terms up to 5 years. If you require financing beyond $150,000, we attempt to partner with other lenders to meet your full borrowing requirements.
We are here to connect our clients to the people and resources needed at all stages of business growth. In addition, we offer a competitive interest rate— TD Bank’s Prime + 3%. There are no penalties for early repayment and we do not charge annual renewal fees. Loan administration fees are only 1% of the amount loaned to a maximum of $500.
To find out if you are eligible for a loan click here.
As per: http://www.bdc.ca
Financing for starting a business
- Working capital: to supplement an existing line of credit
- Acquiring fixed assets
- Marketing and start-up fees
- Buying a franchise
How can BDC help?
Learn more at: ttp://www.bdc.ca
As per: http://www.cybf.ca/cybf_programs/start-up/
The Canadian Youth Business Foundation’s (CYBF) Start-up Program provides the support you need to get your business off the ground. On top of coaching and resources to help you create a winning business plan, CYBF also provides mentorship, financing and post-launch services to position you and your business for long-term success.
Financing that meets your needs:
- We focus on your character instead of collateral when assessing eligibility for financial support. Get the financing you need to start your business and build your credit.
- You may be eligible to receive up to a total of $45,000 to launch your business! CYBF offers up to $15,000 in start-up financing and you could receive up to twice your approved CYBF amount through our partnership with theBusiness Development Bank of Canada (BDC).
Check out all their amazing start-up support here: http://www.cybf.ca/cybf_programs/start-up/
In a conversation with Jane Bisbee, Executive Director of the Social Enterprise Fund, in February 2012 we learned that this Edmonton-based fund is considering investing in social enterprises being launched in Calgary.
As per: http://socialenterprisefund.ca
Put simply, the Social Enterprise Fund is a loan fund. We lend money to social enterprises that want to make things better in the community, and in the world.
SEF was established in 2008 through a unique collaboration between the Edmonton Community Foundation and the City of Edmonton. Other contributors to the fund have included the United Way, the Alberta Real Estate Foundation and several private contributors.
If you have an Awesome idea that will make Calgary a better place, click here to apply and pitch for this $1000 no strings attached grant!
History of Awesome Foundation
As per: http://www.awesomecalgary.org/p/what-is-awesome-foundation.html
Created in the long hot summer days of 2009 in Boston, the Foundation distributes a series of monthly $1,000 grants to projects and their creators. The money is given upfront in cash, check, or gold doubloons by groups of ten or so self-organizing “micro-trustees,” who form autonomous chapters around geographic areas or topics of interest.
The Foundation provides these grants with no strings attached and claims no ownership over the projects it supports. It is, in the words of one of our trustees, a micro-genius grant for flashes of micro-brilliance.
The founder of Awesome Foundation Calgary, Lori Stewart writes:
Awesome Calgary was literally founded on Bow Trail in the midst of West LRT construction on a freakin’ cold last day of January 2011. I was listening to CBC radio and Matt Galloway was chatting with Matt Thompson about AwesomeTO and I slammed the brakes on (ok, I was actually stopped in traffic so it’s not as dramatic as it sounds), went home and contacted Tim Hwang (@Awesomefound) founder and got things rolling. What a way to end the January blahs!
As per: http://calgary.plusacumen.org/about/
CALGARY+acumen is a volunteer-run chapter that supports Acumen Fund’s mission to change the way the world addresses poverty. We seek to create awareness, raise funds, and be a community resource around the use of social finance and social enterprise.
Meet the socially responsible investment specialist from Raymond James,
Patti B. Dolan, CFP, CSWP, FCSI
Below is an excerpt from: https://www.raymondjames.ca/rjl_marketing/3%20patti%20b%20dolan/
Coming to Raymond James fits perfectly with my outlook on the investment industry. I feel that Raymond James is a firm which truly believes the most important person to our business is the client as stated in their motto “Life Well Planned”.
I specialize in Socially Responsible Investing (SRI) and have done so since 1995. SRI is a screening process that focuses on environment, sustainability and governance. Individuals, businesses and organizations are aligning their personal values with their investment values.
View full profile here.
As per: http://www.momentum.org/microloans
Micro Business Loans
Are you having trouble borrowing money to start your business? Earning a low income or having poor credit can prevent you from accessing financing. Momentum can help with character-based loans that provide financing where banks and lending institutions do not.
This City has been good to us.
Giving back is an opportunity to strengthen the community
we all share.
Launched in 2000, Social Venture Partners Calgary has raised $1.55 million for direct investment with our investees and provided thousands of hours of volunteer time and expertise to those nonprofit organizations.
Envisioning a philanthropic community that values venture capital practices, the Social Venture Partners model was launched by Paul Brainerd, Aldus Corporation founder and president, in Seattle, Washington in 1997. This model became known as venture philanthropy.
SVP works much the way venture capital does, by investing both time and expertise in a multi-year partnership with nonprofits helping where they need it.
SVP creates growth in both the orgnaizations it helps and the partners who are helping.
Come join us! All are welcome.
As per http://slowmoneyalberta.org/about/
Slow Money Alberta was started in 2011 by Mary Ellen and Andreas Grueneberg and some like-minded community members. The Grueneberg’s had signed the Slow Money principles in 2009 and were excited to attend a lecture given by Woody Tasch in March of 2011 in Calgary and decided that if Slow Money was going to come to Alberta they had to make it happen.
They worked over the spring and summer of that year to form a group of committed individuals with skills to offer, launched a Facebook group and later a website. They sought the help of securities and investment experts and finalized an investment vehicle that could deliver investors to qualifying farms.
Investors typically are concerned citizens interested in investing as if food, farms and fertility matter and ARE able to modify their expectations about what “return on investment” will look like. They are willing to expect a smaller return, typically 2% for cash, or 4 -5% if receiving product as payback or a combination.
Qualifying farms must meet stringent criteria and demonstrate due diligence and transparency in their financial documents and history. No start-up farms will be considered.
While attending the most recent Innovation Exchange meetup in Calgary we learned from Tim Richter, CEO of the Calgary Homeless Foundation (CHF), that the ATB Social Enterprise Incubator referenced in the press release included below will be working on a Social Impact Bond for Alberta.
Follow link to the original press release through Canada News Wire: http://www.newswire.ca/en/story/953291/calgary-homeless-foundation-and-atb-financial-join-forces
Calgary Homeless Foundation and ATB Financial join forces
CALGARY, April 11, 2012 /CNW/ – ATB Financial is teaming up with the Calgary Homeless Foundation (CHF) in its mission to end homelessness in Calgary through a three-year program called the ATB Social Enterprise Incubator.
The ATB Social Enterprise Incubator will be charged with building investor-ready businesses and investment vehicles designed to support ending homelessness in Calgary. The incubator will focus on three main areas:
- Innovative funding models - Create new ways for individuals, investment funds, foundations and government to invest and earn money while contributing to social good. These investments could be in the form of special bonds or GICs.
- Social enterprise - Help homeless serving organizations build businesses that generate revenue in support of their missions.
- Transformation of assets - Develop methods for donors to donate or invest land, businesses or buildings to a cause rather than traditional cash donations. The ATB Social Enterprise Incubator will help put these assets to good use.
“We’re thrilled to have formed this partnership with ATB Financial,” said CHF President and CEO Tim Richter. “Ending homelessness is a community effort and we can’t rely solely on government or philanthropic funding to make it happen.
“The ATB Social Enterprise Incubator gives us the opportunity to explore and implement market-based instruments and sources of revenue to ensure the long-term sustainability of our work.”
“Just like the Calgary Homeless Foundation, ATB Financial is committed to help end homelessness, not only in Calgary but throughout Alberta,” added Peggy Garritty, ATB’s Senior Vice-President, Communications and Corporate Responsibility. “We are looking forward to exploring new and innovative ways to address homelessness that we can share with other communities across Canada.”
The City of Calgary is four years into its 10-Year Plan to End Homelessness. In January the CHF completed a point in time count of homeless persons showing that homelessness in Calgary decreased for the first time in 20 years
An excerpt from PROFIT FOR GOOD by Kirti Bhadresa
There is no department dedicated to environmental and social good at First Calgary Financial. Instead, the whole organization is dedicated to making positive environmental and social decisions all the time, while still growing the financial bottom line.
Learn more at: https://www.firstcalgary.com/CorpCitizenship/CommPrograms/
THE CALGARY FOUNDATION MAKES AN $8.027 MILLION IMPACT INVESTMENT IN CALGARY’S ART COMMUNITY
Calgary Arts Development and The Calgary Foundation formally announced the purchase of the King Edward School site from the Calgary Board of Education.
King Edward School is a distinctive heritage building located on a three-acre site in South Calgary at 1720 – 30 Avenue SW. Built as one of nineteen sandstone schools between 1894 and 1914, the School is centrally located in the community of South Calgary.
The King Edward School site is the first of a future portfolio of spaces for cSPACE Projects. After five years of research, advocacy and planning, cSPACE Projects has been founded as a non-profit real estate enterprise dedicated to developing a network of multi-disciplinary creative workspaces across the city.
The property was formally transferred from the Calgary Board of Education to cSPACE Projects on December 2, 2011 for the amount of $8.027 million. The land purchase was supported by an $8 million loan from The Calgary Foundation, along with a $5 million grant from the City of Calgary’s Municipal Sustainability Initiative, which will contribute to the loan repayment. The Foundation also granted $3 million in multi-year funding toward the development of the project.
VISIT http://calgaryartsdevelopment.com/content/new-story-old-school TO LEARN MORE.
What is Katipult?
Katipult is a professional crowd-funding website that helps registered organizations (i.e., charities, non-profit) raise funds for social good.
Learn more about this exciting Calgary Crowd Funder at http://www.katipult.com/