Local Investing YYC
Email: [email protected]
Website: http://localinvestingyyc.ca/
Office Headquarters:
Calgary, Alberta
Background
Year Founded: 2017
Mission & Mandate: Local Investing YYC’s mission is for Albertans to invest in Calgary’s local economy for a sustainable future.
Description: Local Investing YYC is a for-profit investment co-operative providing capital to Calgary-based local businesses and social enterprises that generate financial, social and environmental returns.
Local Investing YYC recognizes that raising capital for many early-stage businesses is a significant challenge and, historically, many investors have had limited options to invest in local opportunities that are aligned with their values and objectives. Local Investing YYC’s theory of change is premised on satisfying this market demand by providing patient capital to Calgary-based enterprises that generate financial, social and environmental returns, while removing barriers and making local investing more accessible for Albertans.
Sectors
– Biodiversity & Conservation
– Business & Financial Literacy
– Cleantech
– Community Arts & Media
– Community Economic Development
– Co-operative, Community & Social Enterprise
– Education & Skills Development
– Employment & Training
– Food Security
– Green Buildings & Retrofits
– Health & Well-being
– Renewable Energy
– Sustainable Consumer Products
– Sustainable Food, Fisheries & Agriculture
– Sustainable Resource Management
– Sustainable Transportation & Infrastructure
– Youth
Fund Characteristics
Local Investing YYC
AUM: $1 million
Vintage year: 2019
Closing year: 2021
Fund term: 5 – 7 years
Asset class: Private debt, Private equity
Investor eligibility: Institutional, Accredited, Retail
Minimum investment: $5,000
Geographic scope: Local, Calgary
Committed capital: $1 million
Average investment size: $150,000 – $400,000
Investee type: For-profit organisations, Non-profit social enterprises
Investment stage: Seed, Series A
