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Fondaction
Fondaction is a Quebec-based financial organization that supports retirement savings while investing in small and medium-sized enterprises to promote sustainable economic development. It focuses on projects that enhance equity, inclusivity, and environmental sustainability.
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Overview
Fondaction is a financial organization based in Quebec, Canada, focused on supporting workers in their retirement savings efforts. Founded with a dual mission to help individuals save for retirement and to channel these savings into investments that benefit the economic, social, and environmental landscape of Quebec, Fondaction emphasizes sustainable development. It aims to transform the economy to be more equitable, inclusive, and environmentally friendly. Fondaction invests primarily in small and medium-sized enterprises (SMEs) across various sectors in Quebec, providing capital development investments typically starting at $500,000, with a focus on sustainability and innovation.
Focus
Fondaction invests in small and medium-sized enterprises in Quebec, with a strong emphasis on sustainable development. The organization prioritizes investments that integrate environmental, social, and governance (ESG) factors into their decision-making processes, supporting businesses that enhance productivity, reduce environmental footprints, stimulate innovation, and promote inclusion.
Support
Fondaction provides not only capital but also expertise to support business growth, helping companies achieve their objectives while contributing to a more equitable and sustainable economy.
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