Sarona Risk Capital Fund (SRCF) is an economic development agency based in Waterloo, Canada. SRCF represents a pool of investment assets owned by Mennonite Economic Development Associates (MEDA). The firm's primary focus is on investing early stage growth capital in small to mid-market companies situated within frontier and emerging markets. In addition to these direct investments, SRCF includes a diversified portfolio of externally managed private funds as well as a liquidity portfolio of companies and funds that target the same small to mid-market segment. With the exception of the liquidity portfolio, all investments in SRCF are directly aligned with MEDA's economic development programmes. The agency's investments are governed by the Executive Management Team.