RBC's Social Finance Initiative Commits $500K to MaRS Cleantech Fund
RBC Generator, the impact investing arm of RBC's Social Finance Initiative, has committed $500,000 to MaRS Cleantech Fund, a $30 million private partnership founded last year by Toronto-based innovation hub MaRS Discovery District. MaRS Cleantech Fund, profiled in July by peHUB Canada, provides early-stage funding to companies developing next-generation clean-tech breakthroughs. RBC's Social Finance Initiative was capitalized with $20 million in 2012 to promote Canadian social and environmental change through private investment activity.
23 August 2013•4 mins read
