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Indigenous entrepreneurs receive $25 million boost from world’s first Indigenous Impact Fund

Indigenous entrepreneurs are benefiting following the Final Close of Raven Indigenous Capital Partners’ (Raven) Impact Investment Fund with $25 million in capital commitments from 38 investors drawn from across Canada and the United States. The Fund closed on January 31, 2021.

The Raven Indigenous Impact Capital Fund I was launched in response to the resource gap faced by many Indigenous entrepreneurs. Despite Indigenous entrepreneurs’ strong ideas and product offerings, systemic racism and colonization have blocked their access to the capital and crucial capacity-building opportunities that spur growth in non-Indigenous enterprises.

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