Ontario Announces Social Enterprise Investments

June 1, 2017

NORDIK Institute
PARO Centre for Women's Enterprise
Conseil de la coopération de l'Ontario
Groupe Convex
Toronto Enterprise Fund
Centre for Social Enterprise Development

Six members of the Canadian CED Network (CCEDNet) are directly involved in two programs being launched by the Government of Ontario that will help social enterprise access the capital, training and expertise they need to grow and scale up their businesses. 

The ONE Social Enterprise Partnerships is a new initiative designed to help social enterprises access business supports through the Ontario Network of Entrepreneurs (ONE), including regionally focused training, mentorship and business fundamentals to start and grow their businesses.

Congratulations to CCEDNet members, NORDIK Institute (social enterprise lead) and PARO Centre for Women’s Enterprise, who were chosen as social enterprise support systems in Northern Ontario as part of the regional partnerships through ONE. 

The province is also launching the second round of the Social Enterprise Demonstration Fund, which will provide funding to not-for-profit organizations with expertise in supporting social enterprises. These organizations will, in turn, use the funding to support financially sustainable and scalable social enterprises. The fund will address key challenges faced by social enterprises, such as access to capital and the resources they need to get their ventures off the ground.   

Congratulations to CCEDNet members, le Conseil de la Coopération de L’Ontario, Groupe Convex, The Toronto Enterprise Fund, and the Centre for Social Enterprise Development, who have been chosen as part of the new round of the Social Enterprise Demonstration Fund (SEDF).

Source: Ontario Newsroom