WIN UP TO $75,000 FOR YOUR NEW SOCIAL ENTERPRISE!
The Toronto Enterprise Fund is pleased to announce the launch of its 2015 Business Plan Competition. The competition is open to non-profit social enterprises that provide transitional or permanent employment for people who are marginalized. A social enterprise is a business operated by a non-profit that sells goods and services in the market place, for the dual purpose of generating income and achieving a social, cultural or environmental goal.
This year, the deadline for submissions to the Competition is October 9, 2015. The first place winner can receive up to $75,000 in seed funding. A total of $155,000 is available for the winners.
To enter the competition, your organization or group must be a non-profit social enterprise, attend all the workshops (see content and dates below) and submit a comprehensive business plan including a feasibility study and financial projections. For more details on eligibility, please read through the eligibility criteria of the Business Plan Competition . If you plan to submit a business plan to the competition, please contact us to talk about your submission.
Contact Shahil at (416) 777-1444 ext. 365 or sthomas at uwgt.org, or Heba at (416) 777-1444 ext. 238 or hwahby at uwgt.org.
Business Plan Development Mentor
TEF has recruited qualified volunteers to support enterprises that are ready to develop their business plans. The volunteers will provide mentorship and coaching to the organisation and be the enterprise champion.
2015 TEF Business Planning Workshops
The Toronto Enterprise Fund (TEF) requires that all prospective applicants to the Business Plan Competition ATTEND ALL FOUR WORKSHOPS presented by TEF.
TEF will host the following workshops during 2015 to help prospective competition participants and all other non-profits, regardless of their level of readiness, develop a business plan.
- Introduction to Social Enterprise | April 29
- Feasibility and Market Research | May 19
- Social Programming Design | June 9
- Financial Planning for Social Enterprise | June 29
Source: Toronto Enterprise Fund