CapitalScout
SituationalGrantUnknown

Investment Readiness Program (IRP)

ESDC via Readiness Support Partners · Federal

In plain language

$50M federal program helping social purpose organizations (charities, nonprofits, co-ops, mission-driven businesses) build the readiness to access social finance investment. Grants typically $5K–$100K to pay for business planning, market analysis, legal/financial advisory, pilots. Delivered through Readiness Support Partners (Community Foundations of Canada, Canadian Women's Foundation, Foundation for Black Communities, National Association of Friendship Centres, Chantier de l'économie sociale). NL SPOs apply to a partner, not to ESDC. Runs in batched cohort calls — check each partner's site for open windows.

Realistic range
$5,000 – $100,000
Avg award
$30,000
Max advertised
$100,000
Cost share
Accessibility
3 / 5
Effort
3 / 5
Deadline
Repayable?
No

Who qualifies

Entity types
Nonprofit, Coop, Incorporated
Sectors
Community Services, Arts Culture, Environment, Other
Regions
NL Wide
Demographics prioritized
Women, Indigenous, Black

What you'll have to report

Project outcome report; use-of-funds reconciliation; market-readiness evidence (business plan, financial model, pilot data).