Social Enterprise Demonstration Fund

Social Enterprises measure not only financial results, but also thier socio-economic impact on a community or group of people, with profit being re-invested into the business to achieve social, cultural, and/or environmental aims. SEDF funding is targeted to businesses located in North-East Ontario who provide 10% unemcumbered cash equity towards the business start-up costs. The SEDF funds up to $50,000 towards the social enterprise's wages for the first three months of operations for experienced management as well as for employees with employment barriers/challenges; up to $10,000 towars minor capital costs. These non-repayable funds can only be accessed in conjunction with Waubetek's other business financing and conditional contributions or through financing from other sources as there is a requirement to leverage other funds through SEDF.

 

Please consult with a Business Development Officer to obtain information on how to proceed with a full application or visit Application Process