All Posts By

Erica Glueck

Centre for Social Innovation Closes Raise of $1.9M!

By | Client Stories, News

A huge congratulations go out to the Centre for Social Innovation (CSI) for reaching their 2020 Community Bond goal of $1.9M in only 41 days! 

CSI has a successful history of using community bonds to support their work:

  • In 2010, CSI raised $2 million over the course of four months to own their first CSI Annex location at 720 Bathurst St.,
  • In 2014 they raised $4.3 million to purchase and renovate CSI Spadina at 192 Spadina Ave.

“I think the record success of this campaign to build the next economy, during this unprecedented time of hardship and activism, speaks to the moment: great challenges demand that we rise to meet them. We’re entering a new era and the potential we have today to reshape ourselves hasn’t existed since the post-war era. Our community of impact investors are some of the wisest most committed people in Canada. I think they saw the opportunity, and CSI’s track record of doing the work, and proving that big ideas are possible, and they wanted to be part of the solution.

We couldn’t have done this without the essential services provided by our long-term partners at Tapestry. From the sage advice, technology, process recommendations, and thorough knowledge of the regulatory dos and don’ts, to the careful, friendly, long-term investor management, we simply could not be in the Community Bond business without them.”

Kyle Shantz, Director of Growth, CSI

With the help of Tapestry – and nearly 120 individual community investors like yourself – CSI was able to raise an impressive $1.9 M in under two months for their most recent bond project.

The CB 2020 bond offering was an invitation to their community of members and supporters to invest in the people, places, and programs that put people and the planet first. 

The funds from this raise will support a variety of programs that are in line with the UN’s Sustainable Development Goals – Quality Education, Gender Equality, Decent Work, Reduced Inequality, Sustainable Communities, and Climate Action. 

We are proud to be a part of this great success and look forward to watching the future unfold for the Centre for Social Innovation! Click here to learn more about this project!

If you are interested in learning more about bringing your dream project to life through community bonds, find out more here or e-mail Ryan Collins-Swartz at ryan@tapestrycapital.ca.

X