Paid-in-full Club


We love it when a client succeeds — and pays back their loan!  That means not only have they accomplished their mission, but the funds can go back in the pool to be loaned out to do more good in the community!

Many congratulations to these members of the SEF “Paid in full Club“!

 

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CKUA started over 75 years ago in a small room on the University of Alberta station.  Since then, CKUA has evolved into a mature listener supported public radio station that is greatly responsible for giving many musicians their first airplay.  Tommy Banks, P.J. Perry, Jann Arden, Joni Mitchell, kd lang are just a few of the artists who found their early support at CKUA.

CKUA has purchased and moved its operations into a building as unique as its playlist.  Designed by architect Gene Dub, the new building is wrapped by the reconstructed exterior of the historic Alberta Hotel.  Not only does the building provide a safe and healthy workspace for the station’s employees and 450 volunteers, it is an environmentally secure archive for the historically priceless, 105,000 item library.  The space also provides opportunities for public performance, as well as rental capacity.

SEF provided a loan for tenant improvements such as studio, office and other facility construction.

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Working for the planet, one audience member at a time.

For more than twenty years, Evergreen Theatre has pursued a simple idea: if children are entertained, they learn more.

This touring company focuses on science-based, educational theatre, primarily for young audiences. All creative decisions – be it script, costumes, character development – start with scientific facts.  Evergreen strives to produce interactive shows and residencies that address current and scientific issues, and to encourage an understanding that individual action can change the world.  As one grade five teacher put it, “kids walk away with a message that sticks because they get involved with it, and it’s entertaining.”

Evergreen not only works to foster environmental awareness, but through theatre, to “educate children, adults and families about the countless small actions that, when added together, can drastically alter the fate of our planet.”

SEF supported Evergreen Theatre with operational bridge financing.

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Social impact bonds are a new financial mechanism aimed at increasing capacity of social programs in local communities.  Finance for Good is the first purpose-built social impact bond intermediary in Canada, working with government, service organizations and investors wishing to explore this new mechanism for community good.

SEF provided the company with start-up capital.

 

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Lougheed House is a National Historic Site located in Calgary, and owned by the Province of Alberta.  The house was built in 1891 as the home of Sir James Lougheed, a Canadian Senator and grandfather of Alberta’s former premier, Peter Lougheed.  The house is operated through by the Lougheed House Conservation Society, non-profit society, through a fee-for-service contract with the Provincial government.  The society was established in 1995, and was the original driving force behind a $12 million renovation of the sandstone mansion.

SEF has provided short-term bridge financing to the Society.

 

Alliance Francaise of Edmonton

Alliance offers a full range of French language classes, plus lots of ways to enjoy French culture – from wine tastings to cooking classes to French film.

SEF provided Alliance with operating capital.

 

 

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The Edmonton Musical Theatre has over thirty five years of experience in putting passion on the stage. Whether you’re child, or only a child-at-heart, the society provides training and real performance experience on the stage.  Their students have taken this passion for musical theatre to stages around the world, as well as creating appreciative audiences who know what it’s like to be on the other side of the footlights.

SEF provided bridge financing that helped the organization move to its new home in Edmonton’s Woodcroft Community Hall, as well as operating capital.

 

The Organic Box

If the old saying that “you are what you eat” is true, it would just make sense to try to find the best quality food that you can for you and your family.  The Organic Box has now grown beyond its role as Edmonton’s go-to home delivery source for organic food from the best local and international producers, to delivering the goodness to a growing list of Alberta communities.  With support from SEF, The Organic Box expanded to a 17,000 square foot warehouse to better meet its own needs, as well as acting as an operational centre for food trucks, farmers’ market vendor storage and local small scale food producers.

 

Startup Edmonton

Startup Edmonton describes itself as “a campus, co-workspace and accelerator that kickstarts” local startups.  Startup continues to create buzz in the 100 year old Mercer Building in downtown Edmonton.  SEF provided start-up capital to the organization.

 

Canadian Mental Health Association – Edmonton Region

As part of its mission to support Edmontonians living with mental health issues, CMHA-ER provides safe and affordable housing.  SEF was proud to provide a mortgage to the organization to purchase an apartment building, supporting its goal of mental health for all through integrated community living.



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2017 promises to be a great year for social entrepreneurs in Alberta.  Take a look at SEF’s current clients in the latest edition of Portfolio, which you will find in The Library.  

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There are a number of ideas I find myself returning to over and over again in my work with SEF’s clients – a few simple basics that may help in your thinking about working in the world of social enterprise. Income must be bigger than outgo, or you don’t get to play. No matter what […]

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Psst…want to know a secret?

Just over a year ago, I was asked to speak on the topic “The Secret of Financing for Social Entrepreneurs.”  I recently came across the notes for that talk, and realized they’re still relevant – and thought I should share them here. If you have ever tried to launch any kind of enterprise or business, […]

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SEF is like "like Dragons' Den, but for good." Basically, we can provide patient capital to make social enterprise a reality.

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