New Venture Capital Fund Supports Indigenous Businesses

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Raven Indigenous Capital Partners is a new Indigenous-led Vancouver-based venture capital fund that will provide capital and support to Indigenous social enterprises across Canada.

Managing partners, Jeffrey Cyr and Paul Lacerte, aim to improve outcomes in Indigenous communities and generate returns for investors through impact investing.

Mr. Cyr, who is Métis from Manitoba, and Mr. Lacerte, who is a member of the Nadleh Whut'en Band and belongs to the Carrier First Nation in northern British Columbia, have extensive experience working with Indigenous communities.

The new fund, which the partners have been raising for the past year, will bridge gaps in the Indigenous finance sector by providing early and growth stage equity to Indigenous entrepreneurs.

Joining the investment firm is chief investment officer Stephen Nairne, who is non-Indigenous and has worked in impact investing in Africa.

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