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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.
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One of the biggest institutional investors in the world, Nuveen, is putting its money where its mouth is. In a podcast with Paul Ellis of Forbes, Radhika Shroff, managing director of impact...more
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The West African country of Burkina Faso has been hard hit by the effects of climate change droughts, flooding, and rising temperaturesand now it's looking to get some cash from the international...more
"No matter how hard we work, until we get our capital aligned, we're not going to fix the problems," Cory Donovan, executive director of ImpactPHL, tells Technical.ly. That's why the nonprofit in...more
A Boston-based investment firm is teaming up with an American Cancer Society affiliate to try to raise $5 billion for social impact investments over the next five years, the Boston Globe...more
Social Entrepreneurship
Spotlight
This Social Innovation Helps Prevent Bed Sores in Wheelchair Users
Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.
