SVX launched in 2013 to help social startups get investment-ready. It has worked with 149 ventures and supported fundraising of C$100 million ($78 million).
Now, the Toronto-based company is looking to help Canadian social enterprises and financial institutions connect with investors with the first impact investment match-making service in Canada (similar to platforms such as ImpactUs and IIX’sImpact Partner Platform).
A dozen issuers have registered for the platform, including First Nations Bank of Canada, which is raising C$7 million for loans to indigenous-owned businesses and individuals.
The Immigrant Access Fund is raising capital to help new immigrant arrivals retrain for jobs and careers in Canada.
Several issuers on the SVX platform may be familiar to ImpactAlpha readers, including CoPower, Lucky Iron Fish and Sarona Asset Management.