How can colleges and institutes drive community impact by embracing Social Finance?
Posted on Friday, April 5th, 2024
Project Summary:
Social Procurement and Enterprise Development (SPEnD) is a 3-year initiative led by Algonquin College’s Social Innovation Lab (K. Holmes) in collaboration with Algonquin School of Business (J. Kaur).
| Client | ||
| Professor(s) | Kevin HolmesJaswinder Kaur | |
| Program | Interdisciplinary Studies in Human Centred Design, Business Entreprenuership Management, Financial Services | |
| Student Team Members | Yash Gokhale, Simran Dhanani, Maria Nathalia Silveira, Sharika Sadaf |
Project Description:
The Canadian college sector collectively holds a significant wealth in pools of short-, medium and long-term investment vehicles for operations, capital projects and endowments. Unfortunately, there is a scarcity of detailed information on the size and scope of these holdings at a sectoral level. Our report outlines interim results related to SPEnD‘s Aim #1 – SPEnD will develop, curate and disseminate novel foundational research on the capacity of Canada’s college sector for social procurement and social finance. In particular, it focuses on an initial research question regarding the scale of fiscal capacity for social finance investment collectively across Canada’s college sector. SPEnD interns developed strategies to collect and aggregate data on Canada’s college sector investment holdings in 2022.