THE SOCIAL ECONOMY INITIATIVE OF THE REGIONAL DEVELOPMENT NETWORK
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McConnell Foundation Social Innovation Fund

Our Social Innovation Fund is now integrated into our focus areas. As of February 1, 2022, we accept social innovation applications that are consistent with our focus areas.

Under the following circumstances we may provide funding up to $400K to an organization working in one of our focus areas and wishing to consolidate, expand or scale up through social innovation work.

Funding is up to $150K over two years and is intended to assist with the following types of activity:

  • Strategy formulation, through participation in peer learning and/or consulting arrangements.
  • Structuring, restructuring costs.
  • Improvements to operational, financial and human resource systems, and other infrastructure needs.
  • Impact measurement and knowledge transfer capacity—i.e., a relevant means of assessing impact and communicating the results to create broader change.
  • Development of new or diversified business models to ensure long-term, stable funding.