Southern Ontario Fund for Investment in Innovation
Ontario
Community Futures Eastern Ontario
Program Contact Details
info@cfeasternontario.ca
705-486-5554
Industry
Knowledge-based Industries
What is this funding for?
Loans for innovative SMEs in southern Ontario
Program Description
The SOFII loan fund acts as a catalyst for increased investment in and support for innovation, and is one element in the ongoing climate of government assistance to high-growth companies in Southern Ontario. This program supports scale-up of high-growth, innovative Small and Medium-sized Enterprises (SMEs) in rural and urban communities by offering loans of $150,000 to $500,000 (additional funding available on an exception basis). SOFII provides interest-bearing business loans to help innovation and growth in small and medium sized enterprises (SMEs) across the region.
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