UCeed Social Impact Fund is powered by the generosity of the United Way of Calgary and Area and their mission to mobilize communities for lasting social change and the Government of Alberta’s Creative Partnerships bold initiative to support arts and non-profit sectors.
About the UCeed Social Impact Fund
UCeed invests in social enterprises that are working to solve pressing social and human problems with innovative and tested solutions. This could include, but not limited to, poverty alleviation, education, financial inclusion, health and wellness, re-skilling and up-skilling the next generation workforce, innovation to promote social, gender and economic equity, and innovation in the arts and cultural sectors. Enterprises solving issues related to agriculture, finance, energy, and the environment may be eligible, but are most aligned to UCeed Social Impact if they are making a meaningful impact for populations with barriers to access.
As an early-stage investor, we are looking for evidence that your innovation and business model have been tested with the customers and beneficiaries you seek to serve. We are looking for social entrepreneurs who are using innovative approaches to solving pressing social issues and have a desire to measure and manage their intended social impact. We value social innovation, equity and inclusivity, collaboration, and those who bring perspective and a growth mindset to their approach.
UCeed Social Impact supports entrepreneurial thinking for students through a collaboration with the Calgary Social Value Fund.
What is Social Innovation?
Social innovation is an initiative, product, process or program that profoundly changes the basic routines, resource and authority flows or beliefs of any social system.
Successful social innovations have durability and broad impact. While social innovation has recognizable stages and phases, achieving durability and scale is a dynamic process that requires both emergence of opportunity and deliberate agency, and a connection between the two. The capacity of any society to create a steady flow of social innovations, particularly those which re-engage vulnerable populations, is an important contributor to the overall social and ecological resilience.1
I often feel I am trapped inside someone else's imagination, and I must engage my own to break free.
adrienne maree brown
Applicants are encouraged to download the Reference Document and develop your responses prior to completing the application form as you will not be able to save during the submission process. Please see application deadlines below.
Social Impact Fund
$30,000 up to $300,000 (CAD)
- Social enterprises including, non-profits, for-profit, charities, and cooperatives with demonstrable community benefit commercializing evidence-based solutions to issues.
- UCeed Social Impact is open to a broad interpretation of social impact; however, priority will be given to opportunities that address pressing local and international issues. The United Nations Sustainable Development Goals is a useful reference.
- Must be incorporated prior to receipt of funds.
- Must have demonstrable impact or operations in Alberta.
- Minimum one (1) full-time employee within six (6) months of UCeed investment.
- Ability to report on impact measures within six (6) months of UCeed investment. The Impact Management Project and Common Approach are helpful resources to begin learning.
Applications are accepted on a rolling basis. The UCeed Social Impact Fund has four investment advisory meetings per year. To be guaranteed consideration in upcoming intake periods, applications must be submitted by the following deadline: June 9, 2023.
Investment Advisory Group - Social Impact Fund
Ask Me Anything About Social Enterprise
Ask Me Anything About Social Enterprise (AMAASE) is an interactive monthly session hosted by the Trico Foundation Social Entrepreneurship Centre at the Haskayne School of Business.
Bring your questions about building, developing, and funding your business to a panel of experienced experts.