Closed
Source verified July 23, 2026
Call for expressions of interest to become a social finance wholesaler under the Social Finance Fund: Closed
Supports social finance investment in Canada
Get notified when Call for expressions of interest to become a social finance wholesaler under the Social Finance Fund: Closed reopens
Funding available
$ 50,000,000 - $ 400,000,000
Deadline
Unspecified
Location
Canada
Overview
This program supports the selection of one or more social finance wholesalers to implement the Social Finance Fund. It provides up to $682.5 million for investment activity that expands Canada’s social finance market and supports social purpose organizations.
Receipt of requests is now closed
Get notified about updates to this grant.
At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Increase social or community impact
- Improve governance or administrative structure
Eligible Funding
- Maximum amount : 400,000,000 $
- Minimum amount : 50,000,000 $
- Up to 10% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
- Non-profit
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
- Grant-making Foundations
- Other Philanthropic Intermediaries and Voluntarism Promotion
- Diversity and Inclusion
Target groups
- General public
Revenue structures
- Fee-for-service model
- Mixed revenue (50%+ earned)
Scope
- Local
- Regional
- Provincial
- National
Next Steps
1
Determine your project
2
Validate your eligibility
Availability timeline
2022
Periods: 1
Activities funded
- Creation and operation of a social finance wholesaler
- Investment in social finance intermediaries
- Direct investment in social purpose organizations or projects, where applicable
- Market-building activities supporting social finance growth
- Impact measurement and management activities
Documents Needed
- Audited financial statements for the two most recent years available
- Annual and quarterly financial reports for the most recent year available
- Supporting document for extra space, wiring diagrams, figures, or tables
- Letters of concurrence from partner organizations, if applying as a consortium
Official resources
Eligibility
Who is eligible?
- For-profit organizations
- Not-for-profit organizations
- Investment funds and funding vehicles
- Consortia, joint ventures, or formal partnerships
Who is not eligible
- Individuals
- Provincial or territorial governments, institutions, agencies, and Crown corporations
- Municipal governments
- Organizations proposing investments in publicly traded securities, commodities, derivatives, or cryptocurrencies
Eligible expenses
- Social finance investments
- Investment administration and management costs
- Blended finance and market-building activities
- Transaction cost subsidies and interest rate buy-downs
- Impact research, data collection, and measurement
Ineligible Costs and Activities
- Investments in publicly traded securities
- Investments in commodities, financial derivatives, or cryptocurrencies
- Applications from individuals
- Applications from provincial, territorial, or municipal governments and Crown corporations
Eligible geographic areas
- Canada
- Quebec, for proposals investing in Quebec public agencies or Quebec social finance intermediaries that invest in Quebec public agencies
Selection criteria
- Alignment with Social Finance Fund objectives
- Strength of the investment strategy and use of a social equity lens
- Organizational capacity and governance
- Impact measurement and management approach
- Experience in investment management and Canada’s social purpose sector
How to apply
- Step 1: Gather supporting documents
- Prepare audited financial statements.
- Prepare recent annual and quarterly financial reports.
- Prepare any supporting diagrams, tables, or extra explanations.
- Prepare partner letters if applying as a consortium.
- Step 2: Complete the application form
- Read the applicant guide.
- Fill in the EOI form with organization and proposal details.
- Step 3: Submit by email
- Send the complete package before the deadline.
- Email the application to EDSC.FFS-SFF.ESDC@servicecanada.gc.ca.
- Step 4: Await confirmation and review
- Receive a confirmation of receipt within 72 business hours.
- Wait for notification on whether the application advances.
Processing and Agreement
- Applications are first screened for eligibility.
- Eligible proposals are assessed against program objectives and selection criteria.
- High-scoring applicants may be invited to an oral presentation and interview.
- ESDC may request additional information, documents, or references during review.
- Selected applicants are invited to develop a detailed plan and funding agreement.
Additional information
- A lead organization must be identified for consortium applications.
- Only one application is allowed per organization.
- At least one consortium partner must be legally registered in Canada.
- Successful applicants may receive less than the amount requested.
Contacts
Frequently Asked Questions about the Call for expressions of interest to become a social finance wholesaler under the Social Finance Fund: Closed Program
What is the Call for expressions of interest to become a social finance wholesaler under the Social Finance Fund: Closed?
This program supports the selection of one or more social finance wholesalers to implement the Social Finance Fund. It provides up to $682.5 million for investment activity that expands Canada’s social finance market and supports social purpose organizations.
How much funding can be received?
Call for expressions of interest to become a social finance wholesaler under the Social Finance Fund: Closed Funds up to 10% of admissible expenses, capped at $400,000,000 per project.
Who is eligible for the Call for expressions of interest to become a social finance wholesaler under the Social Finance Fund: Closed program?
To be eligible for the Call for expressions of interest to become a social finance wholesaler under the Social Finance Fund: Closed program, you must:
Canadian-based organization
For-profit or not-for-profit
Social equity lens required
What expenses are eligible under Call for expressions of interest to become a social finance wholesaler under the Social Finance Fund: Closed?
Creation and operation of a social finance wholesaler
Investment in social finance intermediaries
Direct investment in social purpose organizations or projects, where applicable
Market-building activities supporting social finance growth
Impact measurement and management activities
Who can I contact for more information about the Call for expressions of interest to become a social finance wholesaler under the Social Finance Fund: Closed?
You can contact Employment and Social Development Canada (ESDC) by email at EDSC.FFS-SFF.ESDC@servicecanada.gc.ca.
Where is the Call for expressions of interest to become a social finance wholesaler under the Social Finance Fund: Closed available?
The Call for expressions of interest to become a social finance wholesaler under the Social Finance Fund: Closed program is available across Canada.
Is the Call for expressions of interest to become a social finance wholesaler under the Social Finance Fund: Closed a grant, loan, or tax credit?
Call for expressions of interest to become a social finance wholesaler under the Social Finance Fund: Closed is a Other Support