Since June 2014, VERGE Capital has catalyzed over $3.5 million in impact investing, shifting capital towards our community's most pressing social and environmental challenges. These investments have supported social enterprises in the food retail, consumer goods, education and social innovation sectors.
The impact of these investments includes providing access to training and employment for persons with disabilities, poverty alleviation, global access to educational materials and the only space in London designed to facilitate collaboration between social innovators. With over $40 billion of investable assets in our region, this is only the beginning.
Startup FundLearn more
Old East Village Grocer
Operated by ATN Access Inc. (a nonprofit charitable organization), the Old East VIllage Grocer was VERGE Capital’s first investment. The OEV Grocer has a dual impact of providing training and employment to persons with disabilities and access to local, affordable food in an underserved neighbourhood.
For the Love of Laundry
Dignity Through Clean Clothes. For the Love of Laundry is a social enterprise that sponsors free laundry services for low income families and individuals in need. For the Love of Laundry funds these services through the sale of superior-quality, all natural laundry products.
Textbooks for Change
Textbooks for Change is a B Corporation that is dedicated to providing affordable and accessible educational material to students both locally and abroad. It is an innovative for-profit social enterprise that collects millions of dollars in used textbooks and repurposes them in several ways to create financial value and positive social impact around the world.
Cyber Smart Canada
Through in-person training, online webinars and training courses,Cyber Smart Canada is poised to be the #1 source in Canada for cyber safety tips to keep kids safe in our fast changing digital world. Dedicated to reaching 250,000 families by 2021, Cyber Smart is empowering Canadians to keep kids safe online.
With every home purchase or sale through Earmark, 20% of your realtor’s commission is earmarked for donation to London “change makers”, invest in the fabric of the London community. In partnership with StreetCity Realty, founder Marla Marnoch is committed to building a vibrant, caring city.
Loko Sport is a Canadian activewear line designed for women of all shapes and sizes. Owner, Sandra Managio, partners with local yoga professionals to bring free classes to marginalized groups in our local community. Loko Sport also holds by-donation community yoga classes where proceeds are donated to local charities.
Dine Easy is a social enterprise that cooks and delivers fresh, nutritious meals to university and college students. Dine Easy was formed out of the necessity for an affordable, hassle-free, and healthy meal service for university and college students. In addition to creating on-the-job training opportunities to individuals with employment barriers, Dine Easy provides customers with the option to purchase meals at 50% off to be donated to local community organizations
Homegrown Land Bank Group Ltd.
Homegrown believes in helping local farmers access the market and creating easier access to local food. Through Homegrown Food Basket, an online Farmers' Market; micro-finance agricultural initiatives; & consultations, Homegrown empowers farmers locally and internationally.
B13, also known as the Baker's Dozen, is a community focused art and small business incubator operating in London Ontario. Inside you will find twenty independent stores & artisan studios.
Front Line is dedicated to saving lives worldwide. They provide a medical device called the COBRA™ to stop internal bleeding in emergency trauma situations, which has an impact that extends beyond the patient to their families, friends, and communities. The COBRA™ was born out of the necessity to have a user-friendly option for front line personnel to provide advanced bleeding control management. Front Line is driven by a passion to break down the barriers of hemorrhage control and make a positive impact around the world.
Do Good Perks
Do Good Perks connects "Shop Local" consumers with local small businesses. Their program rewards consumers with savings and perks when they shop at participating businesses. For local small businesses Do Good Perks is an affordable and effective marketing solution.
Green Apple is a software platform that integrates a cashless payment system for schools with an e-commerce marketplace for parents. We improve the way parents and schools interact and make it easier for parents to purchase goods and services for their children. The best part is we provide our software to schools for free and share a portion of the commission revenues we earn from parent purchases with their child's school to aid in fundraising.
Supports Health: Resili
Supports Health is the creator of Resili, an evidence-based app which builds mental health and resiliency for family caregivers. Their team of 7 works directly with family caregivers, care centres, academia, hospitals and employers to create solutions that make a meaningful difference in the way we support each other through illness.
Carmina de Young
Carmina de Young is a fashion design company based in London, Ontario. Since starting the company in 2015, founder and CEO, Carmina Young has been focused on a mission to design and manufacture garments locally and sustainably. Today, this vision fuels our team to focus as much on people and planet as we do on profit – ensuring that our business decisions consider the impact we are having on our community and the environment.
Skilled Accents is social enterprise creating Pillows with Purpose. We employ refugee women living in London, Ontario who are marginalized due to language, education, or culture, and provide them with equipment to sew decorative pillows either from their home or from our facility. The pillows are created from recycled fabric scraps and samples collected from local retailers such as furniture and drapery stores and local fashion designers. Our goals are to provide meaningful work for women who would otherwise may not be able to find employment and help local businesses reduce their carbon footprint by recycling their fabric scraps. skilledaccents.com
Breakthrough FundLearn more
An affordable housing project going up at 365 Dundas St. in London Ontario that will provide 50 affordable 1-bedroom housing units; 10 of which will be reserved for the Canadian Mental Health Association. Financed in collaboration with London Community Foundation.
Now in their 9th year, 10C is a community hub featuring fantastic members who share coworking and event space. 10C offers changemakers, professionals and researchers working within Guelph a place to gather, work and exchange ideas.
Lucky Iron Fish
The Lucky Iron Fish is a small iron cooking tool that infuses your meals with a healthy amount of natural iron to help prevent iron deficiency and anemia. It’s simple to use, and provides a natural source of iron that’s perfect for everyone, especially those with an increased need for iron: athletes, vegetarians, vegans and women.
Based in Windsor, Ontario, The Accelerator is an entrepreneurial ecosystem specifically designed to help accelerate the growth of start-ups and emerging businesses by combining business, manufacturing and arts & culture resources under one roof. The magic that makes the Accelerator successful is social capital – the idea that a network provides value to its members by allowing them to access the social resources embedded within that network.
CoPower Green Bonds
CoPower Green Bonds build the clean energy future while earning up to 5% annual interest. Green Bonds invest in a diversified portfolio of loans to clean energy and energy efficiency projects.
rTraction Canada, Inc. is a Certified B Corporation and award-winning digital services agency located in the London Roundhouse. Incorporated in July 2001, we started as a team of coders that built websites and applications to help clients get their messaging out. From early on, we worked alongside social purpose organizations (nonprofits, social enterprises, and for profits that do good), helping those that provide impact to do what they do best while we focused on solving the technical problems, from hosting to websites to systems behind the scenes.
Novalte is an assistive technology company bringing a new level of independence to people with mobility challenges and offering an efficiency to the care providing organizations who support them. Our fully accessible IoT management platform, emitto, enables clients to independently control the technology in their living environments saving up to 45 minutes per day in paid attendant care time.
House of Friendship
Founded in 1939, House of Friendship serves Waterloo Region with a vision to build a healthy community where everyone can belong and thrive. Each year, House of Friendship supports more than 42,000 people who need food, housing, addiction treatment or access to vital community resources. Our Close to Home project will lead to the creation of a new residential addiction treatment facility in Waterloo Region with improved dignity, expanded programming and access.
Momos at the Market
Momos at The Market is committed to serving freshly prepared food starting with natural, healthy and tasty ingredients while improving newcomer lives through job opportunities and training. Founder, Yam Gurung, is a dedicated social entrepreneur that is excited to grow Momos at their new location at the London Food Incubator and continue the growth of their Khaja Himalayan Granola products.
Innovation Works $1 Million Community BondLearn more
“The only investment in my portfolio that I can drive by and see its impact.”
Our VERGE Capital team supported Pillar Nonprofit Network’s Community Bond which raised $1 million to support Innovation Works, the only place in London intentionally designed to encourage collaboration between social innovators for community impact. With the support of VERGE Capital, London’s first ever community bond sold-out ahead of schedule, attracting 45 individual and institutional supporters to this community initiative, with investments ranging from $1000 to $500,000.