Community Futures Essex County Southern Ontario Fund for Investment in Innovation (SOFII)
$500,000.00
Loan
Description:
The Southern Ontario Fund for Investment in Innovation (SOFII) supports high-growth, innovative Small and Medium-sized Enterprises (SMEs) in rural and urban communities with 50 to 500 employees by offering loans of $150,000 to $500,000 to support all aspects of growth challenges facing them. The loans are intended to help finance:
– Late stage commercialization;
– New product or service development;
– New applications or markets; or
– Development or implementation of new processes or technologies.
Comments on Funding:
Funding is a loan ranging from $150,000 to $500,000.
Continuous Intake
Eligibility:
Applicants must:
1. be a Small or Medium-sized Enterprises (SMEs);
2. be from any of these sectors:
a) Agri-Food;
b) Advanced Manufacturing;
c) Clean Technology;
d) Digital Industries;
e) Health and Biosciences.
3. have 50 to 500 employees;
4. be located in Essex County (excluding those located within the City of Windsor).
Application Steps:
Applicants must contact Community Futures Essex County’s office to learn more about the program and eligibility criteria.
Documentation Needed:
Applicants must provide all the required documents as requested.
Other Things to Note:
- Agriculture & Agrifood
- All
- Amherstburg
- Environment
- Essex
- Essex County
- Expand a Business
- Healthcare
- Kingsville
- Lakeshore
- LaSalle
- Leamington
- Manufacturing Sector
- Non-profit Organization
- Ontario
- Pelee Island and Tecumseh (excluding Windsor).
- Product Development
- Productivity Improvement
- Rural Resident
- Technology Adoption
- Technology Sector
- West Region
About the author
Maurice
