Social Enterprise Bonds

Social Enterprise Bonds

Tina Crouse, Strategist

For awhile now, I've been working on developing a concept for a Canadian Social Enterprise Bond. There are some already in existence in Canada (for example the Social Innovation Series C Bond ) usually guaranteed through real estate and in combination with a host of partners and a non-profit. Others are working on a Social Impact Bond similar to those in the U.K. (see Social Impact Bonds). What I'm interested in doing is generating a completely new pool of dollars for non-profits to draw upon to create a social enterprise (business) to support and sustain their mission but not necessarily tied to social outcomes (U.K. bond) or guaranteed by real estate. I'm interested in providing Canadians with socially responsible investment dollars, the chance to do good right here in Canada, similar to how we enthusiastically invest off-continent in Micro Finance ventures.