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Raven Indigenous Capital Partners is a new Indigenous-led Vancouver-based venture capital fund that will provide capital and support to Indigenous social enterprises across Canada.
Managing partners, Jeffrey Cyr and Paul Lacerte, aim to improve outcomes in Indigenous communities and generate returns for investors through impact investing.
Mr. Cyr, who is Métis from Manitoba, and Mr. Lacerte, who is a member of the Nadleh Whut'en Band and belongs to the Carrier First Nation in northern British Columbia, have extensive experience working with Indigenous communities.
The new fund, which the partners have been raising for the past year, will bridge gaps in the Indigenous finance sector by providing early and growth stage equity to Indigenous entrepreneurs.
Joining the investment firm is chief investment officer Stephen Nairne, who is non-Indigenous and has worked in impact investing in Africa.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: Gates Foundation
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It's that time of year again: time for investors to look back at the last presidential election and see if there's any correlation between it and the performance of the stock market. A Bloomberg...more
Kinara Capital, an Indian startup that offers short-term, unsecured loans to small and medium businesses, has just received $24.4 million in debt funding, the Times of India reports. The funding...more
Social Entrepreneurship
Spotlight
Influencing Social Good Through Retail
When Hannah Davis traveled to China to teach English, she noticed how Chinese workers and farmers were often sporting olive green army-style shoes. Those shoes served as her inspiration to create her own social enterprise, Bangs Shoes.
