About the IGF

Unlocking the potential of the Indigenous economy and fostering economic reconciliation, the Indigenous Growth Fund is an open-ended investment fund, structured as a limited partnership. With $153M CAD currently committed by accredited investors, IGF enables Indigenous Financial Institutions to expand their lending to Indigenous entrepreneurs and their small to medium-sized businesses across Canada.
Read our 2023 annual report

How We Invest

IGF doesn’t provide loans directly to individual businesses. Instead, it invests in Indigenous Financial Institutions to expand their existing portfolios or start new ones. Each tranche of capital deployed by IGF is designed to support several months of growth for an IFI's portfolio. Once utilized, the IFI can request additional funds.

Deployment of IGF Capital to IFIs and Businesses Since Inception ($M)

IGF invests in Indigenous Financial Institutions or “IFIs.” IFIs are autonomous, Indigenous-controlled, community-based financial organizations. IFIs provide developmental lending, business financing and support services to First Nations, Métis, and Inuit businesses in all provinces and territories. There are over 50 IFIs in Canada, from coast to coast to coast.

To date, IGF has made 7 investments.

Where We Invest

Current Investors

Meet the Team

  • Monet Goode

    FOUNDER

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more.

  • Emmett Marsh

    DESIGN DIRECTOR

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more.

  • Eleanor Parks

    SUSTAINABILITY DIRECTOR

    It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more.

Meet the Team


  • Managing Director

    Frank leads the team that has taken a concept for increasing access to capital for Indigenous Financial Institutions (IFIs) and the Indigenous businesses they finance to reality. Drawing on more than 10 years of experience in financial and public sectors as well as in-depth, data-driven analysis, Frank engaged with senior teams from BDC and the Government of Canada to structure and build the IGF as an institutional-grade fund. He completed his bachelor’s and master’s degrees focusing on business, finance and economic policy in both.


  • Senior Manager, Strategic Partnerships & Investor Relations

    Sarah leads external partnerships, investor relations, governance, and communications for the IGF. IGF is the second fund that she has played a key role in standing up. She began her career working to operationalize the Community Forward Fund Assistance Corp, the first non-profit securities registered Fund Manager in Canada, where she spent 7 years. Sarah holds a Bachelor of Arts in English Literature from Carleton University.

  • Credit Risk Manager

    Jim Flett, a member of the St Albert-Sturgeon Métis local, brings over a decade of banking and commercial credit including time with the Business Development Bank of Canada and BMO Financial Group. In addition to his professional responsibilities, Jim is actively engaged in the Edmonton community, currently serving on the board of Aksis (the Indigenous Business and Professionals Association of Edmonton) and volunteering for his Métis local. He has also previously chaired his Nation's IFI board.

FAQs

  • It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

  • It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

  • It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

  • It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.