National Social Value Fund
Email: steve@nsvf.ca
Website: http://nsvf.ca
Phone: 778-984-4145
Office Headquarters Address:
638 Smithe St #300, Vancouver, BC V6B 1E3
Background
Year Founded: 2017
Mission & Mandate: The National Social Value Fund aims to support the experiential education of future social impact leaders. We do this through the launching of community-based, youth-led social value investment funds across the country.
Description: The National Social Value Fund provides an experiential learning program that connects students and organizations passionate about impact investing. Our mission is to build an inclusive economy, and a new generation of impact-focused leaders. Tangibly, we support student-led Social Value Funds across Canada that make impact-first investments addressing local issues in their respective community.
We act locally but connect nationally. Each student team is supported by finance and community economic development professionals and is connected to peer teams doing the same in their respective communities across the country. The National Social Value Fund itself is a non-profit organization and makes no direct investments.
Fund Characteristics
Vancouver SVF, Montreal SVF, Kingston SVF, London SVF, Calgary SVF
AUM: $500,000
Vintage year: NA
Closing year: NA
Fund term: NA
Asset class: Private debt, Private equity, Impact-adjusted investment vehicles
Investor eligibility: Accredited through co-investment
Minimum investment into fund: NA
Geographic scope: Local scope in regions where a community-based social value fund is present (Currently: Vancouver, Calgary, Kingston, London, Montreal)
Committed capital: NA
Average investment size: $25,000 – $50,000
Investee type: All
Investment stage: Seed, Early, Mid
Nota Bene
Awards & Notable Achievements: Executive Director named Top 30 Under 30 Corporate Knight’s Sustainability Leaders in Canada
Future projects: Launching new locations in 2021
Other highlights: Over 100 young leaders have now been involved in the NSVF programming across the country.
Success Story
Cleanstart
Vancouver, BC | 2018
Financing:3-year loan, 1 year grace period. 5% base interest adjustable down to 2.5% based upon social equity impact metrics being achieved.
Vancouver Social Value Fund’s team provided an impact-adjusted loan to support CleanStart’s expansion to Vancouver Island through the purchasing of an additional vehicle and other operational support.
CleanStart is an award-winning social enterprise that offers a one-stop-shop for housing and property cleanup needs, while also offering employment opportunities to people who have barriers to employment, such as poverty and disability. CleanStart hires, trains, and supports marginalized individuals, contributing to community economic development in Metro Vancouver and Vancouver’s Downtown Eastside.
