The Toronto Enterprise Fund can help you make it happen with a hybrid grant opportunity for non-profit social enterprises
Whether you’re looking to purchase new equipment, hire staff or grow your inventory, the Mixed Capital Opportunities Fund (Mixed Cap) will support the expansion of early stage, high growth non-profit social enterprises by providing a hybrid form of capital. This innovative collaboration between the Toronto Enterprise Fund (TEF) and Alterna Savings provides an opportunity to learn how to leverage grants and will make financing more accessible to social enterprises.
Mixed Cap is funded by the Province of Ontario and United Way Toronto & York Region (through a gift from the Polar Foundation), with all loan financing coming from Alterna Savings. Through the Mixed Cap application process you will be able to apply for between $10,000 and $30,000 in total investment, split equally between a loan and a grant.
Interested organizations must:
Attend a mandatory information session (register below)
Be an incorporated non-profit social enterprise
Have identified a solid business opportunity
Be located/operating in the Greater Toronto-Hamilton area
Submit a business plan as part of the application process
For more information contact: Alexis Kane Speer at email@example.com