Spring joins forces with Propel Impact to catalyze $110 million

Two Vancouver-based, nationally focused organizations — which together have catalyzed over $140 million in investments — have officially joined forces.

Spring, which provides capital in the hopes of building a more sustainable and healthy world, has linked up with Propel Impact, an organization that guides Canadian youth to find meaningful careers. Together, the pair hopes to make it easier for businesses, investors, and individuals to take part in the impact economy: a model that helps create social and environmental change while also generating financial gains.

Over the next fiscal year, Spring aims to catalyze $110 million in capital, serving more than 560 entrepreneurs and 600 investors. Using this new partnership with Spring, Propel will continue to deliver its experiential learning programs, but with additional resources, capacity, and mentorship to scale significantly. Propel aims to train a further 300 young professionals, support 50 more impact organizations, and invest in five new ventures in the next year.