Manitoba Social Investment Fund

Wakopa Financial, along with other social enterprise ecosystem players, is looking to create a Social Finance Fund specifically for Manitoba. The fund could consist of loans, equity investments, simple agreements for future equity (SAFE), revenue-sharing agreements and other financial instruments to help finance socially oriented businesses, co-ops and non-profits. I will be helping create the necessary documents to start such a fund, with the help of ecosystem players, by answering some of these questions:
Re: Investments
1. What are the types of projects/investments that would be eligible?
2. What types of investment tools can be used? Eg. Debt, Equity,
3. What is the projected volume and size of eligible investment projects?
Re: Investors
1. Who might be potential investors, what would their size of investment be, and what would their expectations be for ROI? How will the SFI reach these investors?
2. What other Impact Investment funds could the new entity considered to complement the Federal Funds?
3. What is the estimated dollar value of the funds that the new entity could reasonably expect to attract? Local – Manitoba National – Canada
4. How can the Community Enterprise Development Tax Credit be used?
Re: Operating Expenses
1. What are the estimated costs to maintain an SFI in Manitoba?
2. What is the minimum level of investment dollars from the Federal Social Finance Fund and/or all investments that would be required to cover the set-up costs and jump-start the SFI?

Faculty Supervisor:

Jie Zhou

Student:

Partner:

Wakopa Financial

Discipline:

Business

Sector:

Professional, scientific and technical services

University:

University of Winnipeg

Program: