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Southern Ontario Fund for Investment in Innovation
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This program supports scale-up of high-growth, innovative Small and Medium-sized Enterprises (SMEs) in rural and urban communities by offering loans of $150,000 to $500,000 (additional funding available on an exception basis). SOFII provides interest-bearing business loans to help innovation and growth in small and medium sized enterprises (SMEs) across the region.
Loan Program
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.
Financing For:
processes or technologies |
Loan Terms:
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SOFII Rural is a specifically designed initiative under the SOFII program that offers special incentive terms to high-growth, small to medium sized businesses in the rural communities of southeastern Ontario. The SOFII Rural initiative is available in the regions of:
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application process
To complete your statement of interest and find out additional information on our application process, please click here.
success stories - SOFII's Investment Impact
Approved SOFII Projects
Recipient | Geographic Location | Loan Amount | Date of Disbursement |
---|---|---|---|
Richmond Hill | $500,000 | February 7, 2025 | |
Newmarket | $500,000 | November 12, 2024 | |
Toronto | $500,000 | November 6, 2024 | |
Toronto | $500,000 | August 1, 2024 | |
Ottawa | $500,000 | June 10, 2024 | |
Kanata | $500,000 | May 24, 2024 | |
Toronto | $500,000 | March 21, 2024 | |
Cornwall | $500,000 | March 8, 2024 | |
Toronto | $500,000 | December 8, 2023 | |
Ottawa | $500,000 | September 14, 2023 | |
Concord | $500,000 | September 8, 2023 | |
Toronto | $300,000 | June 28, 2023 | |
Toronto | $500,000 | April 28, 2023 | |
Lindsay | $500,000 | April 5, 2023 | |
Ottawa | $500,000 | March 30, 2023 | |
Toronto | $500,000 | February 14, 2023 | |
Norwood | $450,000 | January 24, 2023 | |
Canobi Technologies Inc. | Maxville | $500,000 | December 7, 2022 |
OPTT Inc. | Toronto | $500,000 | November 1, 2022 |
Knockri Inc. | Toronto | $1,000,000 | September 23, 2022 |
Relogix Inc. | Ottawa | $500,000 | September 14, 2022 |
Raven Connected | Ottawa | $500,000 | August 31, 2022 |
Layla Care Inc. | Toronto | $1,000,000 | August 30, 2022 |
Wicket Inc. | Ottawa | $500,000 | June 10, 2022 |
TryCycle Data Systems | Ottawa | $500,000 | March 31, 2022 |
Mission Control Space Services | Ottawa | $250,000 | March 11, 2022 |
2020 Armor Inc. | Toronto | $500,000 | November 30, 2021 |
FireRein Inc. | Napanee | $500,000 | October 15, 2021 |
Aviron Interactive Inc. | Scarborough | $500,000 | October 6, 2021 |
Dealmaker (Novation Solutions) | Toronto | $500,000 | September 21, 2021 |
Get Synapse Inc. | Toronto | $1,000,000 | June 4, 2021 |
Carbon Marine Inc. | Orleans | $500,000 | April 16, 2021 |
The Power Collective Inc. | Kingston | $500,000 | February 19, 2021 |
Loercher Holdings Inc. (Cabinscape) | Toronto | $500,000 | October 8, 2020 |
Theia Software Canada Inc. | Ottawa | $500,000 | September 1, 2020 |
Tapplock Corp. | Toronto | $500,000 | June 18, 2020 |
Conavi Medical Inc. | Toronto | $1,000,000 | May 12, 2020 |
Ulula Canada Inc. | Toronto | $500,000 | May 12, 2020 |
Shiptrack Inc. | Plantagenet | $900,000 | April 20, 2020 |
Soapbox Innovations | Toronto | $500,000 | April 9, 2020 |
Illumisoft Lighting | Ottawa | $500,000 | March 26, 2020 |
DocuPet Inc | Kingston | $500,000 | March 24, 2020 |
Dealmaker (Novation Solutions Inc) | Toronto | $500,000 | March 20, 2020 |
CEO Law Technology Corporation | Toronto | $500,000 | March 18, 2020 |
Larus Technologies | Ottawa | $500,000 | February 11, 2020 |
Feris BuildTech Inc. | Kingston | $500,000 | December 19, 2019 |
Fusebill Inc. | Ottawa | $500,000 | December 19, 2019 |
Ali Soumah Business Center Inc. | Toronto | $500,000 | December 6, 2019 |
MaxSold Incorporated | Kingston | $500,000 | November 20, 2019 |
RVezy Inc. | Ottawa | $500,000 | October 31, 2019 |
Food Cycle Sciences Corporation | Cornwall | $500,000 | October 23, 2019 |
Trureal Inc. | Vaughan | $500,000 | October 16, 2019 |
SnapClarity Inc. | Kanata | $500,000 | October 15, 2019 |
ACTO Technologies Inc. | Toronto | $500,000 | October 15, 2019 |
GrowthGenius Inc. | Toronto | $500,000 | September 18, 2019 |
Cord3 Innovation Inc. | Ottawa | $500,000 | September 16, 2019 |
Overbond Ltd. | Toronto | $500,000 | August 29, 2019 |
Lytica Inc. | Ottawa | $500,000 | August 16, 2019 |
Desk Nibbles Inc. | Ottawa | $500,000 | August 13, 2019 |
InnerSpace Technology Inc. | Toronto | $500,000 | July 3, 2019 |
Backyard Media Inc. | Toronto | $500,000 | July 3, 2019 |
Optelian Access Networks Corporation | Ottawa | $500,000 | December 21, 2018 |
The Sampler App Inc. | Toronto | $500,000 | November 21, 2018 |
Blue J Legal Inc. | Toronto | $500,000 | October 16, 2018 |
Tealbook Inc | Toronto | $500,000 | October 16, 2018 |
Entomo Farms | Norwood, ON | $500,000 | October 2, 2018 |
Hi Mama Inc. | Toronto | $500,000 | August 29, 2018 |
DealerCorp Solutions Ltd. | Richmond Hill | $500,000 | August 23, 2018 |
LevelJump Software Corp. | Toronto | $500,000 | August 15, 2018 |
GrowSumo Canada Inc. | Toronto | $500,000 | July 17, 2018 |
Hockeystick.co Inc. | Toronto | $500,000 | June 6, 2018 |
Wellness Living Systems Inc. | Toronto | $500,000 | May 23, 2018 |
Neutun Labs | Toronto | $500,000 | April 16, 2018 |
Member 365 | Ottawa | $500,000 | December 18, 2017 |
Cliniconex Inc | Ottawa | $500,000 | October 10, 2017 |
Focal Healthcare Inc. | Toronto | $500,000 | August 4, 2017 |
Relogix Inc. | Ottawa | $500,000 | July 27, 2017 |
Raven Telemetry Inc. | Ottawa | $500,000 | July 18, 2017 |
Splice Group | Ottawa | $500,000 | June 30, 2017 |
Limelight Platform | Toronto | $500,000 | April 12, 2017 |
Quicksilk Inc. | Ottawa | $500,000 | March 27, 2017 |
Jibestream Inc. | Toronto | $500,000 | January 20, 2017 |
eScribe Software Ltd. | Markham | $500,000 | December 22, 2016 |
Sprout Wellness Solutions Inc. | Toronto | $500,000 | November 3, 2016 |
Acme Decalcomania Ltd. | Toronto | $500,000 | October 28, 2016 |
The Hotel Communication Network Inc. | Ottawa | $500,000 | July 21, 2016 |
Panvista Corp. | Toronto | $500,000 | June 23, 2016 |
Cloudmask Inc. | Ottawa | $500,000 | June 22, 2016 |
Worx Inc. | Vaughan | $500,000 | June 21, 2016 |
SageTea Inc. | Ottawa | $500,000 | June 20, 2016 |
reDock Inc. | Ottawa | $500,000 | May 2, 2016 |
Askuity Inc. | Toronto | $500,000 | April 22, 2016 |
UCIC | Toronto | $500,000 | April 19, 2016 |
The Better Software Company Inc. | Ottawa | $500,000 | March 31, 2016 |
Truck-Right Data Management Inc. | Belleville | $500,000 | March 31, 2016 |
Storage Power Solutions Inc. | Toronto | $500,000 | March 10, 2016 |
NovaVive Inc. | Belleville | $500,000 | March 3, 2016 |
Altus Assessments Inc. | Toronto | $500,000 | February 22, 2016 |
inBay Technologies Inc. | Kanata | $500,000 | January 19, 2016 |
Bonne O Holdings Inc. | Toronto | $500,000 | November 12, 2015 |
Unata Inc. | Toronto | $500,000 | July 7, 2015 |
Invixium Inc. | Markham | $500,000 | June 12, 2015 |
ClearBlue Technologies | Toronto | $500,000 | February 27, 2015 |
Transformix Engineering | Kingston | $500,000 | January 29, 2015 |
Ionada Inc. | Concord | $500,000 | September 24, 2014 |
Scarsin Corporation | Uxbridge | $500,000 | September 3, 2014 |
FIIX CMMS (Maintenance Assistant) | Toronto | $500,000 | July 7, 2014 |
NOD Apiary Ltd. | Frankford | $500,000 | June 13, 2014 |
Green Owl Solutions Inc. | Markham | $500,000 | June 11, 2014 |
Tri-D Technologies Inc. | Toronto | $500,000 | February 28, 2014 |
Pliteq Inc. | Toronto | $500,000 | February 27, 2014 |
Method Integration Inc. | Toronto | $500,000 | January 21, 2014 |
Edgewater Computer Systems Inc. | Kanata | $500,000 | December 23, 2013 |
LGF Manufacturing | Napanee | $500,000 | August 30, 2013 |
iWatchLife Inc. | Ottawa | $500,000 | August 6, 2013 |
Quantum Dental Technologies Inc. | Toronto | $500,000 | July 12, 2013 |
M.P.I.Q.C. Inc. | Cornwall | $500,000 | June 5, 2013 |
eSight Corp. | Ottawa | $500,000 | March 15, 2013 |
Nulogy Corporation | Toronto | $500,000 | March 4, 2013 |
Spartan BioScience Inc. | Ottawa | $500,000 | February 28, 2013 |
Pulp Moulded Products Inc. | Newmarket | $500,000 | January 31, 2013 |
Konrad Group Inc. | Peterborough | $500,000 | October 31, 2012 |