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Social Finance Fund (via Boann / Realize / CAP Finance)

ESDC via wholesale fund managers · Federal

In plain language

$755M federal social finance capital deployed through three wholesalers — Boann Social Impact ($154M), Realize Capital Partners, and CAP Finance — which then seed downstream impact funds. Social purpose organizations do not apply to ESDC; you apply to an impact fund capitalized by a wholesaler. Capital is repayable debt/equity/quasi-equity at concessional terms, not grant money. As of 2026 over $250M has reached 83+ SPOs. NL organizations: scout the Boann portfolio and find a fund whose thesis fits your sector. Multi-year commitment — not quick money.

Realistic range
$50,000 – $5,000,000
Avg award
$500,000
Max advertised
$5,000,000
Cost share
Accessibility
2 / 5
Effort
4 / 5
Deadline
Continuous intake
Repayable?
Yes

Who qualifies

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

What you'll have to report

Impact measurement reporting (Common Approach framework), quarterly financial reporting, principal and interest repayment per loan terms.