Blended finance: A Canadian way to raise funds, but happening mainly in Quebec
Major players in Canada's social finance ecosystem are exploring blended finance to attract private capital. Quebec, which has used blended finance for decades, is a key resource.
Why It Matters
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.
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