Sharing the article Blended finance: A Canadian way to raise funds, but happening mainly in Quebec.
Thrive Impact Fund is mapping an optimal process for blending different financing (debt, equity, grants) and investors (public, private, philanthropic) around social impact projects. This collaboration and the innovative financial instruments created could significantly change how projects gather funding.
Crowds gather at Bâtiment 7 in Quebec. (Marianne Larochelle/Bâtiment 7). Bâtiment 7’s financial partners had different missions and risk and return expectations, which is the essence of blended finance.
Learn more in this fascinating read by social finance reporter Diane Bérard: Blended finance: A Canadian way to raise funds, but happening mainly in Quebec
This independent journalism is made possible by the Suncor Energy Foundation.