How to Qualify for SOFII Small Business Loans Ontario
The Southern Ontario Fund for Investment in Innovation (SOFII) provides Ontario government loans to help innovative businesses scale-up.
Community Development Corporation Receives $1.6M to Support Startups
Community Futures Development Corporations (CFDCs) across Ontario play a key role in administering government funding programs to startups and small businesses. In total, there are 60 CFDCs located across Ontario (36 in eastern and southern Ontario, 24 in northern Ontario) who have helped over 120,000 entrepreneurs with a variety of funding and business planning services….
FedDev Ontario Supports Northumberland Tech Startups
FedDev Ontario recently announced their continued support for Northumberland Community Futures Development Corporation (Northumberland CFDC). The CFDC – a not-for-profit organization that delivers financing and business strategy to entrepreneurs – will receive a $1.1M expansion to their original pilot project which supported 22 tech startups in the area. The program also created 53 new jobs…
FedDev Invests $3.2M for the Development of Ontario Businesses
The Western Ontario Community Futures Development Corporation Association (WOCFDCA) has recently received over $3.2 million in funds from FedDev Ontario. This funding will be matched by Southwestern Ontario Community Futures Development Corporations (CFDCs), allowing for the establishment of a $6.2 million investment fund for the regional diversification of businesses across southwestern Ontario. These funds will…
Startup Funding & Support: Community Futures Development Corporation
The Community Futures Program provides existing small businesses and start-ups with up to $150,000 in financing to support growth, job creation, and regional economic diversification. This Ontario government funding program is administered by the 61 Community Futures Development Corporations (CFDCs) across Ontario. FedDev Ontario serves Southern and Eastern Ontario through 37 regional CFDC offices, and…
Access Small Business & Start-up Support Services through CFDC
This Canadian government funding program supports small businesses and start-ups through the 61 Community Futures Development Corporations (CFDCs) across Ontario. FedDev Ontario serves Southern and Eastern Ontario through 37 regional CFDC offices, and FedNor serves Northern Ontario through 24 regional CFDC offices. The program offers a range of business funding to support small businesses develop…
2014 N100 Start-up Funding Award Winner Promotes Women in Technology
Last year, Mentor Works informed its audience of an excellent opportunity for start-ups that takes place in Cobourg, Ontario called “N100.” The competition is run by Northumberland Community Futures Development Corporation (CFDC) and offers early-stage start-ups the opportunity to take home $100,000 in funding in return for setting up part of their business in the…
Canadian Government Renews Investment in SOFII Southern Ontario Business Loans
The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) Minister of State Gary Goodyear was in his hometown of Cambridge, Ontario earlier this week (March 18, 2014) to announce top-ups of two funds that deliver the Southern Ontario Fund for Investment in Innovation Program (SOFII). The investment allotted funds amounting to $8 million to…
Small Business Loans Ontario Update: SOFII Unsecured & Secured Loans
The Southern Ontario Fund for Investment in Innovation (SOFII) is a $20M program funded by FedDev Ontario. Mentor Works has profiled this SOFII small business loans Ontario frequently over the past several months but continue to receive queries from business owners that grapple with the decision of whether or not to apply for this Ontario…
Funding for Small Business: Community Futures Program
This Canadian government funding program currently supports 61 Community Futures Development Corporations (CFDC) in Ontario – where FedDev Ontario serves 37 rural Eastern and Southern Ontario and the remainder are served by FedNor. This Ontario government funding program helps SME’s in rural Ontario expand and stabilize their business to maintain or create jobs. Canadian Government…