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Innovating access to capital

  • Categories Community Wealth, Thought Leadership
Audra Williams

Audra Williams

If you are like 80% of social entrepreneurs in Ontario, access to capital is the major barrier to your success.

It can be pretty frustrating. You know that if you were a traditional business, you would have access to business loans. And if you were a charity, you’d be able to apply to foundations. But because you believe it is possible to make meaningful profit while also putting people and planet first, both types of support are out of reach.

The DUCA Impact Lab has a solution! They have partnered with FundThrough to offer an innovative, low cost working capital financing opportunity designed specifically for underbanked entrepreneurs and social enterprises. We are helping DUCA bring that solution to CSI! Wonder if your social enterprise could benefit? You are invited to a free cash flow consultation where you can find out! The next session is:

Wednesday June 27, 10am to 11am workshop at CSI Spadina – Meeting Room B: RSVP here

About DUCA: DUCA is a vibrant credit union that was started in 1954 by a group of new Canadians who didn’t have access to the mainstream banking system. As immigrants, they didn’t fit the conventional wisdom of the time of what a good banking customer looked like. So they established a financial co-operative that would work on behalf of its Members.

About Soshent: Soshent is a platform that lets you easily connect to the programs and supports you need to accelerate your success and amplify your impact. It connects you to the offerings of a growing number of partners. By simply filling out a short profile, you can discover the programs and resources you may be eligible for, so you can get to success, faster and smarter!

Photo by VanveenJF on Unsplash
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