Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Aid Beyond Trade-offs Impact en las Americas New Revivalists Women Rising in India Operation Impact
Smarter Money Women Rising 2030 Finance Locavesting Inclusive Economy Regeneration Impact Tech New Power Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Industry News Impact Management Good Business Personal Finance Faith and investing Billionaires
Gender Lens Investing Women Rising in India
SDGs Climate Finance Clean Energy Innovative Finance Full Stack Capital Long-termism
Opportunity Zones Investing in place
Entrepreneurship Return on Inclusion Good Jobs Inclusive Fintech Creative economy Housing New Schooled Well Being People on the Move
Conservation Finance Farmer Finance Financing Fish
Blockchain/AI/IoT Urban Tech Food Tech Inclusive Fintech
Human Rights Democracy and Peace News and Information
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States Growth Markets
Subscribe Log In

Manitoba social impact bond will finance doulas for indigenous mothers

ImpactAlpha, January 9 – The Canadian province of Manitoba is targeting a $3 million raise from private investors for a program to prepare and support at-risk indigenous mothers for birth and mothering.

Manitoba is looking to finance a pilot project to match 200 indigenous mothers with doulas, or birth coaches, for a one-year period, with the aim of reducing the risk of children entering the state’s child welfare system.

“Many mothers [don’t] get the services they need, or not readily, prior to giving birth,” Tara Petti of the Southern First Nations Network of Care, the organization partnering with Manitoba’s Department of Families on the program, told CBC. The partners will work with indigenous doula group Wiijii’idiwag Ikwewag to ensure the support given is culturally aligned to the community.

The project is Manitoba’s first planned social impact bond, or pay-for-success initiative that will use private capital to finance a social program. It would be Canada’s fifth social impact bond and second focusing on at risk mothers. In 2014, Canada’s very first social impact bond launched in Saskatchewan targeted support for mothers whose children were at risk for entering foster care. The other impact bonds in play in Canada focus on workforce development, healthcare, and youth education.

Toronto-based MaRS Centre for Impact Investing has been recruited to fundraise for the program.

You might also like...