innovation

Southern Ontario Fund for Investment in Innovation (SOFII)

Description: This program supports high-growth, innovative SME's in knowledge-based industries, such as IT, health biotech, software, pharmaceuticals and medical equipment in rural and urban communities in Southern Ontario.

Funding Details: Loans of $150,000 to $500,000.

Eligible Expenditures: Eligible projects encompass one of the following:

  • Late stage commercialization;
  • New product or service development;
  • New applications or markets; or
  • Development or implementation of new processes or technologies.

Eligibility Requirements:

  • Employ 50-500 employees
  • Be unable to obtain adequate and reasonable financing from other lending sources
  • Operate in Southern Ontario
  • Demonstrate job creation/retention for Southern Ontario residents
  • Provide evidence of their ability or experience to operate the business

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How NorthBridge Will Assist With SOFII and Other Funding Programs

NorthBridge has over 20 years of experience assisting companies with government funding programs. We will:

  • Listen and discuss past, present and future project activities.
  • Research and identify the appropriate and optimal government grant, tax incentive, loans, as well as private financing opportunities.
  • Take a hands-on approach to the application process and address relevant program objectives and criteria.
  • Become an in-house project manager for all types of government funding.
  • Interview the key employees and ask specific questions in order to make the right funding decisions.
  • Assist in writing the application and preparing all supporting documentation.
  • Assist with government reporting requirements.

To arrange for a free, no obligation consultation with one of our government funding experts contact us at: info@northbridgeconsultants.com

More information
Please fill in the following information and a NorthBridge representative will contact you regarding your request.





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