NACCA Indigenous Growth Fund

The Indigenous Growth Fund of the National Aboriginal Capital Corporations Association (NACCA) is Canada’s newest and largest Indigenous social impact fund. The $153M investment fund provides improved access to capital for Indigenous Financial Institutions and Indigenous small and medium-sized enterprises (SMEs), overcoming some of the barriers they have historically faced. The fund’s innovative evergreen model – a first of its kind in Canada – offers institutional and social impact investors a direct vehicle to contribute to economic reconciliation. Capital from the Fund will ensure that IFIs can continue to support Indigenous business clients in their communities and will unlock pent-up investment demand for new and expanding Indigenous businesses, allowing them to make capital available to more and larger businesses. The Indigenous Growth Fund is a limited partnership with NACCA as the Fund Manager.