Supportive funding tools that directly and measurably improve Indigenous lives.
Specialized Investment Readiness and Impact Advisory Services Team
We believe that to make a transformational change we must rethink how we approach social problems, and we must center Indigenous communities and Indigenous knowledge in that approach.
Outcomes financing is a truly new opportunity to have transformative outcomes in Indigenous communities.
We believe that in-community services can be delivered in new and innovative ways, that instead of the government contracting services to 3rd parties, they agree instead to pay for the achievement of measurable outcomes linked to the improvement of people's lives. This methodology (which we have called Community-Driven Outcomes Contracts) allows us to onboard private capital to fully support upfront cost; puts solutions in the hands of Indigenous communities; builds out Indigenous social enterprises; and engages governments to pay for success.
Innovation and Creativity for Addressing Social Problems
Raven provides the expertise to work with Indigenous communities and enterprises to develop innovative financial tools that address critical social, financing, and policy barriers. These tools have great potential for the beneficiary communities to scale effective solutions as well as offer investors and outcomes purchasers' new pathways to deploy capital and achieve robust social outcomes.
Our collective experience working in and engaging with Indigenous communities is that current funding models and approaches have failed to produce lasting change or impact. Indigenous communities face the most pressing social and economic problems in Canada and billions of dollars of annualized spending by the state has largely failed to achieve better outcomes. At Raven, we believe that in order to make lasting change we have to rethink how we approach social problems, and we have to center Indigenous communities and Indigenous knowledge in that approach. That is the only way we can drive solutions that work at scale.
Clear Solutions for Community Driven Outcomes
The Foundation works with Indigenous communities and enterprises to develop innovative financial tools. These tools have great potential for the beneficiary communities to scale effective solutions as well as offer investors and outcomes purchasers’ new pathways to deploy capital and achieve robust social outcomes.
Raven undertakes a 3-stage process in order to develop innovative social finance solutions with communities;
At the core of this process, we maintain a focus on investment readiness and cost-effectiveness in the development of Community-Driven Outcomes Contracts. Currently, Raven has developed a first-of-its-kind Community-Driven Outcomes Contract for geothermal installation on-reserve in Manitoba. The delivery agent for the contract is Aki Energy Inc., an award-winning Indigenous social enterprise. The aim of which is to install 125 residential retrofits in on-reserve housing, with an eventual goal to operate at scale of 500+ units.
The use of this new energy funding model raised intriguing possibilities about new ways of tackling the diabetes epidemic in Indigenous communities. In partnership with the Lawson Foundation, health experts and representatives of six First Nations based in PEI and Manitoba, Raven has convened a series of Indigenous Solutions Labs (ISL) to determine the needs and prioritize holistic, community-driven interventions that would reduce diabetes and its complications of the course of five-years.
Impact investor benefits:
Outcomes purchaser benefits:
The process in action.
Geo-thermal energy is a clean, renewable source of energy that uses the stable temperature of the earth to heat and cool buildings. Aki Energy works with First Nations to lower energy costs and create employment opportunities through geothermal energy