The SOFII loan fund acts as a catalyst for increased investment in and support for innovation, and is one element in the ongoing climate of government assistance to high-growth companies in Southern Ontario. Launched by the Government of Canada in July 2012, SOFII is supported through the Federal Economic Development Agency for Southern Ontario and is delivered in southeastern Ontario by Community Futures Eastern Ontario. In southeastern Ontario, SOFII is a $30 million fund, available to eligible organizations in both rural and urban centres.
SOFII has five priority sectors:
- Cleantech
- Advanced Manufacturing
- Digital Industries
- Agri-Food
- Health & Biosciences.
The Community Futures Program does not have specific sector requirements.
