Indigenous Growth Fund
Government fundOttawa · Seed–Growth · 29 people tracked
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Investment thesis
The Indigenous Entrepreneurship Programs run by NACCA in partnership with Indigenous Financial Institutions aim to advance economic self-determination for Indigenous peoples. The programs combine tailored financing with training and mentorship services designed to help Indigenous entrepreneurs reach their business objectives and build stronger local economies.
Source: firm website, verified Nov 1, 2026.
Team · 29 people
from the firm's website & curatedCommunity and entrepreneur manager with 15 years of sales and business development experience in oil and gas before moving into Calgary's tech sector, known for relationship building and organizational growth.
Frank Richter is the Managing Director of the Indigenous Growth Fund, which he developed from concept into a fund holding $153M in committed capital that Indigenous Financial Institutions (IFIs) use to expand lending to Indigenous businesses. At the National Aboriginal Capital Corporations Association (NACCA), he contributed to securing government funding for new programs and built an analytics platform for modeling IFI lending activities and their economic impacts. He holds Bachelor's and Master's degrees focused on business, finance, and economic policy, and has more than 10 years of experience in the financial and public sectors.
Chair of NACCA's Board of Directors representing the British Columbia region.
Kevin Rose was promoted to Chief Strategy Officer at NACCA, where he previously served as Director of Programs and Member Services. In that role he worked with Indigenous financial institutions, partners, and communities to support programs and services. His new role focuses on the strategic direction of NACCA and the needs of Indigenous entrepreneurs and communities.
Magnolia Perron is Director of Strategy and Partnerships at NACCA, where she leads the Indigenous Women and Youth Programs. Her work includes securing $30 million for the national Indigenous Women Entrepreneurship Program, which facilitated over $6 million in micro-loans to Indigenous women-owned businesses, and supporting the establishment of the Indigenous Business Hub in Ottawa, which serves over 270 members. She is a recipient of a Forty Under 40 award and a member of the Mohawks of the Bay of Quinte from Tyendinaga Mohawk Territory.
Sarah MacNeil is Senior Manager, Strategic Partnerships and Investor Relations at the Indigenous Growth Fund, a $153M investment fund that connects investor capital to Indigenous small and medium-sized enterprises through a network of community-based Indigenous Financial Institutions. Her responsibilities cover external partnerships, investor relations including with the Government of Canada, governance, and communications. Earlier in her career, she spent seven years helping to operationalize the Community Forward Fund Assistance Corp, described as the first non-profit securities-registered fund manager in Canada.
Former VP of Business Development at Energy Safety Canada and past President and CEO of the Petroleum Services Association of Canada (now Enserva), with over 40 years of industry experience as a mentor and advocate for energy and innovation.
Frequently asked questions
- What stage does Indigenous Growth Fund invest at?
- Indigenous Growth Fund invests at the Seed, Growth stages.
- What sectors does Indigenous Growth Fund focus on?
- Indigenous Growth Fund focuses on Impact & Social Good, Sector Agnostic.
- Where is Indigenous Growth Fund located?
- Indigenous Growth Fund is headquartered in Ottawa, CA.
Media · Podcasts & interviews
featuring the teamINTERVIEW WITH SHANNIN METATAWABIN ICD.D CEO OF ...
SETSI · Shannin Metatawabin
Indigenous Economic Reconciliation in Action | Dominique Collin | NACCA Tipi Talks
NACCA - Indigenous Prosperity
Starrly Gladue - Beauty On The Block - IWE Role Model Campaign, 2024
NACCA - Indigenous Prosperity
Leana Kennedy - G-Man Waste Removal - IWE Role Model Campaign, 2020
NACCA - Indigenous Prosperity
Laura Mueller - Matriarch Media - IWE Role Model Campaign, 2024
NACCA - Indigenous Prosperity
Emilie McKinney - Anishinaabe Bimishimo - IWE Role Model Campaign, 2024
NACCA - Indigenous Prosperity
Images
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