NiaTero - 2020 Annual Report - Flipbook - Page 45
PROGRAM RELATED INVESTMENTS
In 2020, Nia Tero’s Program Related Investment (PRI) workstream expanded
significantly. Through a partnership with the MacArthur Foundation, we finalized
terms for an investment in Raven Indigenous Capital Partners’ first fund.
Raven provides seed funds and early-stage
equity to purpose-driven Indigenous enterprises
across Canada that demonstrate
commercial viability, scalability,
and measurable community benefit
streams. As an Indigenous-led and
owned intermediary, Raven is also
working diligently to decolonize the
investment process for Indigenous
entrepreneurs, ensuring cultural
relevance and safety at each stage
of the process. Following the equity
investment with MacArthur, we provided direct grant
support to Raven to help build and pilot an impact
NIA TERO - THRIVING PEOPLES. THRIVING PLACES.
indicator for guardianship alongside their existing
impact framework.
We anticipate future impact and
grant investments with Indigenousled and trusted non-Indigenous
intermediaries and enterprises along
three main pathways, including:
our priority regions, innovation
pilots to test novel ways to support
Indigenous enterprises and
collectives, and capacity-building
support to decolonize impact
investment processes and strengthen Indigenous-led
intermediaries.
CROSSCUTTING, AMPLIFICATION & SCALING - PRI
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