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The Indigenous Growth Fund (IGF) is a $113 million open-ended investment fund based in Canada, structured as a limited partnership. It aims to enable Indigenous Financial Institutions (IFIs) to expand their lending capabilities to Indigenous entrepreneurs and small to medium-sized businesses. Currently, CAD $153 million is committed by accredited investors to support this initiative.
IGF invests in Indigenous Financial Institutions rather than directly in businesses, enhancing their ability to provide loans to Indigenous entrepreneurs. The fund supports IFIs that offer developmental lending, business financing, and support services to First Nations, Métis, and Inuit businesses across Canada. This approach allows IFIs to expand their loan portfolios or launch new lending initiatives.
Submit your pitch through their form at indigenousgrowthfund.ca.
IGF does not lead rounds directly, as it invests in Indigenous Financial Institutions rather than individual businesses.
IGF focuses on enhancing the lending capacity of IFIs, which may include follow-on investments to support their growth and lending capabilities.
The current fund size of the Indigenous Growth Fund is $113 million, with CAD $153 million committed by accredited investors.
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