To date, we have made investments in two franchise systems in southern Ontario.

We have made two loans to Active Green + Ross (AG+R) franchisees. AG+R provides tire and automobile care through over 70 locations in Ontario. We believe that AG+R is an excellent franchise partner because it provides good paying jobs, strong training opportunities, and marketable job skills. We have also been impressed with the strong overall interest expressed by senior management at Active Green + Ross in the social mission of SCP.

Our second investment relationship is with Two Men and a Truck (TMAT). TMAT is a moving company with a large presence in the United States market. The company expanded into Ontario in recent years. TMAT is an attractive partner for SCP because it offers entry-level positions that are relatively well paid, where employees have opportunities for skill development and advancement in areas such as truck driving and customer relations. Senior management at Two Men and a Truck have shown a strong interest in the social mission and a desire to give back to the community.

We will continue to develop our relationships with these franchisors and learn from our initial investments. Once we feel comfortable that the franchise model works from both a social and business standpoint we will work with AG+R, TMAT, and other franchisors to roll out the strategy nationally. Over the long-term we believe there could be hundreds of franchises utilizing social enterprise principles to employ thousands of individuals across the country.