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Better Results. Smarter Spending. More Resilient Communities.
About Raven Outcomes
Governments are under growing pressure to deliver measurable outcomes while managing costs and advancing Reconciliation. Outcomes finance offers a new way to fund Indigenous initiatives—one that ties payments to success, encourages innovation, and builds lasting community impact.
Through Raven Outcomes’ Indigenous-led outcomes fund, governments can direct funding to what works, reduce risk, and unlock new partnerships to meet public policy goals in housing, health, clean energy, employment, and more.
Why Outcomes Finance Works for Government
You only pay for success—funding is tied to verified outcomes
Encourages innovation while reducing public sector risk
Supports Reconciliation by empowering Indigenous communities to lead their own solutions
Strengthens fiscal accountability and transparency
The Model
Projects are developed with Indigenous communities in a culturally aligned and community-led process
Government departments commit to pay only for the outcomes they prioritize
Private capital funds implementation up front, taking on the risk
Indigenous communities lead delivery, supported by Raven and partners
Independent evaluators confirm results; government repays when outcomes are met
Benefits
Pay-for-results model ensures taxpayer dollars fund what works
Reduces the risk of funding ineffective programs
Unlocks private and philanthropic capital to scale innovation
Builds capacity in communities and systems
Fully aligned with TRC Calls to Action and UNDRIP implementation goals
Delivering Better Housing and Energy Outcomes with Efficiency Manitoba
Raven Outcomes and Efficiency Manitoba have established an official partnership to deliver community-led housing retrofits through energy-efficient ground source heat pumps.
By working through Raven’s outcomes finance model, Efficiency Manitoba was able to meet its provincial energy efficiency goals in a way that respects Indigenous governance and prioritizes long-term, culturally aligned impact. Raven served as a trusted partner to coordinate private and philanthropic capital, support delivery, and verify outcomes through independent evaluation.
Grounded in values of reciprocity, trust, flexibility, and long-term partnership, this collaboration led to the creation of the First Nation Energy Efficiency Working Group—an initiative built on OCAP® principles and designed to strengthen Indigenous leadership in Manitoba’s energy transition.
Together, Raven and Efficiency Manitoba have built a scalable, outcomes-based model that advances policy goals, supports Reconciliation, and creates lasting impact in Indigenous communities.
Our vision
Thriving and sovereign Indigenous Peoples, communities, and Nations, living in harmony with a healthy Mother Earth.
Our mission
Investing with Indigenous communities to grow solutions that create meaningful, measurable change.
Outcomes in motion
Minoayawin – Health
Minoayawin is a health program focused on preventing and managing Type-2 Diabetes in the Island Lake Anisininew Nation.
Sioux Valley Dakota Nation – Housing / Clean Energy
Inspired by Peguis and Fisher River, Sioux Valley Dakota Nation wanted to improve home energy use, lower costs, and create local jobs.
Fisher River & Peguis First Nations – Housing / Clean Energy
Fisher River Cree Nation and Peguis First Nation partnered with Raven to reduce energy costs and improve housing. Tired of waiting on slow government programs, they wanted a faster, community-driven solution.
Our InVESTMENTS to date
Peguis & Fisher River First Nations
125 geothermal heating and cooling systems installed
39 community members trained across multiple programs
$5.1M in outcomes purchased by CMHC and Efficiency Manitoba
Verified $7.6M in social, economic, and environmental value created
Results include energy cost savings, GHG reductions, and employment gains
Sioux Valley Dakota Nation
25 homes retrofitted with energy-efficient heat pumps
5 community members trained and hired for project delivery
$1.8M invested through a CDOC with projected utility savings of over $700K
Reduced household energy bills and increased housing resilience
Redefining Impact Investment
"Raven Outcomes is reshaping how investment works—centering Indigenous leadership, focusing on outcomes that matter, and creating partnerships grounded in trust and results. Outcomes finance is not just a new funding model. It’s a shift in power, a commitment to accountability, and a path toward long-term, systems-level change. It brings together the right people, the right resources, and the right tools to invest in what works—for today and for future generations."
Jeff Cyr, Founder & Managing Partner, Raven Outcomes
FAQs
Can we use existing program budgets?
Yes. Outcomes finance can be implemented using funds from existing program budgets. It’s designed to complement—not replace—existing funding models.
Is this complicated to administer?
No. Raven provides full support through the design, contracting, and verification phases. We’ve already partnered with federal and provincial departments, and we follow proven contracting pathways.
How are outcomes selected?
Outcomes are co-designed with Indigenous communities and aligned with government priorities—like housing retrofits, energy savings, health care savings, or employment rates. You choose the outcomes you care about.
What’s the value of adding private capital?
Bringing in private capital allows programs to move faster, scale more efficiently, and reduce risk for governments. You only pay for success—so taxpayers fund results, not just activities.
Does this align with Reconciliation goals?
Yes. Raven is Indigenous-led, and all projects are developed with and by Indigenous communities. Outcomes finance supports self-determination, builds local capacity, and creates long-term solutions rooted in Indigenous values.
How is success measured?
All outcomes are verified by independent third-party evaluators using transparent, community-informed metrics. Governments receive detailed outcome reports.
What sectors does this apply to?
Current contracts focus on housing, clean energy, and health. The model can also be applied to justice, education, mental wellness, employment, and more.
What’s the political value?
This model shows strong leadership on Reconciliation, innovation, and fiscal responsibility. It appeals to constituents who want real results and efficient government spending.
How do we get started?
Contact our team here. We’ll set up a briefing, walk through the model, and explore opportunities to purchase outcomes aligned with your department’s goals.
In the spotlight
Explore how Raven Outcomes is reshaping funding systems through news, insights, and reflections from the forefront of outcomes finance.
Interested in Investing?
Deploy capital into a data-driven, outcomes-based model designed to generate verified results and measurable value. The Raven Indigenous Outcomes Fund offers one of the few Indigenous-led investment opportunities, with a diversified portfolio in housing, clean energy, healthcare, and workforce development.
Invest in a scalable strategy designed for performance and purpose.
