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The Ontario Catapult Microloan Fund for Social Ventures

WHAT IS THE ONTARIO CATAPULT MICROLOAN FUND?

  • Makes investments in social ventures (nonprofit and for-profit) that are tenants or Community Members of CSI
  • Provides low interest loans of $5,000 - $25,000
  • Provides a range of support to enable the social ventures succeed
  • Undertakes a full impact assessment of the investments over a 2-year period


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ADDITIONAL OPPORTUNITIES

When you apply to the Ontario Catapult microloan program, you can choose to be automatically considered for six other funding and support programs.

  1. Futurpreneur Canada loans of up to $15,000 for enterprises led by individuals under 39 years old.
  2. Youth Social Innovation Capital Fund financing of up to $25,000 for enterprises run by people aged 18-35.

The Ontario Catapult Microloan Fund is a partnership between the Centre for Social Innovation, the Province of Ontario, Alterna Savings, Microsoft Canada, TD Bank Group, KPMG, and Social Capital Partners and is designed to help promising social entrepreneurs and innovators with low interest loans of $5,000-$25,000.

CSI and an appointed review committee, comprised of CSI’s partners and independent experts will review applications on a monthly basis.

CATAPULT IS A COLLABORATION BETWEEN


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