Venture for Canada Fellowship Institute

Background of the Organization:

Venture for Canada aims to develop recent graduates’ entrepreneurial skills, and to contribute to the growth of Canada’s start-up ecosystem. It recruits, trains and supports recent graduates — called Fellows — in obtaining work at innovative start-ups and high potential small to medium-sized enterprises. Currently active in Ontario, New Brunswick and Nova Scotia, it seeks to expand across Canada. Participating employers pay market-rate salaries to Fellows and a small fee to Venture for Canada.

 

Grant Description:

A grant from the Social Innovation Fund will enable Venture for Canada to increase its financial sustainability, diversify its program and augment its marketing and communication capacity.

Over the course of the next two years, it will:

  • develop a digital platform to connect Fellows with partner start-ups (thereby increasing the number of placements and effectiveness)
  • increase the percentage of revenue that it derives from fee-for-service
  • license its materials and platform to larger organizations
  • hire an Operations Coordinator

Overview

  • 2017-2019
  • $ 180,000
  • Funding Type: Past Initiatives
  • Initiatives: Social Innovation Fund

Related Funding

Pond-Deshpande Centre, University of New Brunswick

Re-Code funding to support the development of on campus social innovation and social entrepreneurship initiatives and activities.

$ 500,000

Learn more

MaRS Discovery District

MaRS will work with partners to develop a national platform for skilled volunteering in Canada, linking professionals with work with social change organizations to create social impact.

$ 1,750,000

Learn more

Reseau Accorderie

A network that organizes people in low income neighbourhoods to exchange services outside the market economy, to expand and strengthen its time-banking program.

$ 240,000

Learn more