What is the TELUS Pollinator Fund for Good and why was it created?
The TELUS Pollinator Fund for Good is TELUS’ new impact investment fund focused on technology companies building solutions to drive positive social and environmental outcomes and financial returns. We created the fund in order to seek out and support purpose-driven companies doing good in the world.
The Pollinator Fund for Good is a natural extension of TELUS’ values. As a leader in social capitalism, TELUS uses technology and digital solutions to address issues we all face. We’re working hard to drive positive social and environmental outcomes for Canadians. We’re investing in bringing socially innovative and impactful products and services to market.
The TELUS Pollinator Fund for Good is part of a family of TELUS programs aimed at doing good in the world.
What are the objectives of the TELUS Pollinator Fund for Good?
Objective #1: invest for good in order to effect positive social and environmental change. The TELUS Pollinator Fund for Good focuses on four main areas: caring for our planet, transforming healthcare, supporting responsible agriculture and enabling inclusive communities.
Objective #2: nurture the next generation of businesses and entrepreneurs striving for future-friendly innovation. The Pollinator Fund for Good will leverage its resources and network to finance, guide and mentor innovators for good.
Objective #3: profits with a purpose. The Pollinator Fund for Good will invest in companies that will generate good social and environmental returns as well as positive financial returns.
How does the TELUS Pollinator Fund for Good differ from the TELUS Friendly Future Foundation® or TELUS Ventures®?
The TELUS Pollinator Fund for Good is a corporate impact investment fund focused on investing with the intent of having a positive impact on social and environmental issues, while also providing financial returns. The Pollinator Fund focuses on caring for our planet, transforming healthcare, responsible agriculture, and enabling inclusive communities.
The TELUS Friendly Future Foundation is an independent registered charity. It helps build brighter futures for youth and those who need it most, by enhancing public health initiatives through charitable health and technology programs. The Foundation provides grants with Canadian registered charities.
TELUS Ventures is a corporate venture capital (CVC) fund, with a different mandate than that of the Pollinator Fund. TELUS Ventures actively seeks out companies developing new technologies that drive both strategic business alignment and financial returns for TELUS. TELUS Ventures focuses on the areas of digital tools for health care, the internet of things, security, and the connected consumer experience.
Does the Fund have a specific focus area for investment?
There are four main areas that the TELUS Pollinator Fund for Good focuses on. These are the development of solutions to care for our planet, transform healthcare, support responsible agriculture and enable inclusive communities.
What are your criteria? What are you looking for in investments?
Typical investments for the TELUS Pollinator Fund for Good are Seed and Series A stage companies. These companies must be for-profit, purpose-driven and fit within one of our four areas of focus. We’re looking for companies with exceptional and diverse leadership. Their goals must align with our goals. These companies should already have a product or service in-market, and demonstrated an ability to grow their customer base and generate revenue.
How do I get funding from the Pollinator Fund?
Please contact one of our team members directly to discuss investment opportunities. If there is a mutual fit, the Pollinator Fund will seek to provide funding, advice, mentoring, and network resources.
What makes the TELUS Pollinator Fund for Good the right choice for my company’s funding?
The TELUS Pollinator Fund for Good provides much more than just financing. Your company can connect with TELUS’ roster of industry partners, community boards, and stakeholders, as well as resource groups for business support, development and mentorship. Plus, you can accelerate your company’s growth and impact through TELUS’ extensive network, global business connections and distribution channels.