Launched by the Government of Canada in July 2012, the Southern Ontario Fund for Investment in Innovation (SOFII) is supported through FedDev Ontario and is delivered by the Western Ontario Community Futures Development Corporation (CFDC) Association.
SOFII supports high-growth, innovative Small and Medium-sized Enterprises (SMEs) in rural and urban communities with 50 to 500 employees by offering loans of $150,000 to $500,000 to support all aspects of growth challenges facing them. The loans are intended to help finance:
- Late stage commercialization;
- New product or service development;
- New applications or markets; or
- Development or implementation of new processes or technologies.
For more information visit www.sofii.ca