SOFII | PELA CFDC

             

Oct 19, 2017
News and Events
PELA CFDC Board of Directors announces departure of Craig Desjardins as Executive Director
Media Release September 29, 2016, Picton, Ontario- The Board of Directors of the Prince Edward Lennox & Addington Community Futures Development ...Full Story
Friday, September 30
Lennox & Addington County Businesses Receive Eastern Ontario Development Program Support
Lennox & Addington County Businesses Receive Eastern Ontario Development Program Support August 30, 2016 – Lennox & Addington County The ...Full Story
Tuesday, August 30

SOFII

The Eastern Ontario Network of CFDCs administers the Eastern Ontario portion of a regional fund called SOFII (the Southern Ontario Fund for Investment in Innovation).

SOFII supports high-growth and innovative Small and Medium-sized Enterprises (SMEs) in rural and urban communities by offering loans of usually $150,000 to $500,000 to support all aspects of growth challenges. The loans are intended to help finance:

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

The Southern Ontario Fund for Investment in Innovation (SOFII) loan fund acts as a catalyst for increased investment in and support for innovation and will be one element in the emerging climate of support for these high-growth companies in Southern Ontario.

For more information on the SOFII program, contact PELA CFDC today or CLICK HERE.

 
“Dealing with the EODP was incredibly easy and the process required minimal time.  Staff was very helpful." - Howard Mahon, Wilton Tack
 
“Without PELA CFDC's support we would not have had the ability to take those much needed first big steps. You believed in us at a time when few did.” - Quincy Emmons, Fire X Protection
 
“We recommend the EODP funding to any business that believes in continuous improvement and development, and who is looking to fast forward business growth.” - Angela Lees, Calderwood Automation
 
"The connections I made and support system that was available during and after the program really helped. - Renia Tyminski, Hallowell Gardens Centre
 
"The in class portion of the Ontario Self Employment Benefit Program was the most beneficial for me... I was given the resources and one-on-one guidance I needed to map out a successful plan. - Rob Fenwick, Former SEB Client