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Community Futures of Ontario East

  • About the Program

    The Southern Ontario Fund for Investment in Innovation (SOFII) loan program supports high-growth, innovative small and medium-sized Enterprises (SMEs) in rural and urban communities by offering loans of $150,000 to $500,000 to support all aspects of growth challenges facing them.

    The SOFII loan fund acts as a catalyst for increased investment in and support for innovation and is one element in the emerging climate of support for high growth companies in Southern Ontario. Launched by the Government of Canada in July 2012, SOFII is supported through FedDev Ontario and is delivered by Community Futures Ontario East and Western Ontario Community Futures Development Corporation Association.

    SOFII is a $40 million, self-sustaining fund available to eligible organizations across Southern Ontario.

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“The support through the program allowed our company to immediately expand our capacity to serve additional offshore markets.”

—David VanderDussen,
NOD Apiary Products

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“The support through the program allowed our company to immediately expand our capacity to serve additional offshore markets.”

—David VanderDussen,
NOD Apiary Products

  • Financing For:

    • Late stage commercialization
    • New product or service development
    • New applications or markets
    • Development or implementation of new processes or technologies

    Loan Terms:

    • $150,000 to $500,000 loan amounts
    • Interest Bearing term loans
    • No Fees
    • Repayable anytime without penalty