Posted: November 25, 2020
TELUS has announced the launch of its new TELUS Pollinator Fund for Good, a $100 million social impact investment fund created to power responsible and sustainable startup businesses. The fund will invest in entrepreneurs building solutions aimed at improving healthcare, furthering social and economic inclusion, ensuring sustainable food production, and reducing our environmental footprint. The TELUS Pollinator Fund for Good will fuel social innovation in Canada through investments in companies that generate both financial and social returns.
Investments will focus on for-profit companies and founders committed to driving social innovation and economic growth in the following four areas:
- Transforming healthcare: Digital solutions that make safe and quality physical and mental healthcare accessible and efficient for all Canadians.
- Enabling inclusive communities: Startups building solutions to further social and economic inclusion and ensuring everyone has an opportunity to reach their full potential.
- Supporting responsible agriculture: Companies providing innovative technology-first solutions that empower the agriculture industry to improve Canada’s food systems.
- Caring for our planet: Companies and entrepreneurs building solutions to better the planet and reduce our environmental footprints.
An advisory board of entrepreneurs, investors and thought leaders with expertise across the impact areas is being formed to advise on strategy, markets, and deal sourcing. Early-stage companies receiving investment will benefit from the insights and expertise from TELUS’ depth and breadth of resources, including the TELUS Friendly Future Foundation, TELUS’ Community Boards, TELUS Health, Sustainability, and TELUS Ventures with its broad-reaching network within the venture capital space, to drive meaningful social impact in Canada.
