FUNDING

The Grid Innovation Fund

The Grid Innovation Fund advances innovative opportunities to achieve electricity bill savings for Ontario ratepayers by funding projects that either enable customers to better manage their energy consumption or that reduce the costs associated with maintaining reliable operation of the province’s grid. The Fund makes investments in specific projects – not companies – with clear objectives. It supports projects that validate the performance and business case of promising new technologies, practices, and services. The Fund also supports projects that identify and mitigate market barriers, or otherwise accelerate the adoption of competitive cost-effective energy solutions.

The Southern Ontario Fund for Investment in Innovation (SOFII) Loan Program

The Southern Ontario Fund for Investment in Innovation (SOFII) loan program supports high-growth, innovative small and medium-sized Enterprises (SMEs) in rural and urban communities by offering loans of $150,000 to $500,000 to support all aspects of growth challenges facing them. It is in part funded by FedDev Ontario.

Experience Simcoe County Partnership Fund

The Experience Simcoe County Partnership Fund aims to support and enhance tourism across Simcoe County by:

• Investing in initiatives that promote awareness, access, participation and appreciation of the diverse tourism, culture and recreation offerings within the County of Simcoe
• Encouraging industry collaboration and partnerships
• Enhancing the visitor experience by supporting innovative, inclusive, and accessible programming
• Contributing to the County of Simcoe’s overall economic health and sense of place.

Town of New Tecumseth Community Improvement Plan

The Town of New Tecumseth’s Community Improvement Plan (CIP) program promotes the conservation, enhancement, and beautification of buildings and properties in the historic downtowns of Alliston, Beeton, and Tottenham through development incentive grants and loans. Various funding opportunities are available for

• Downtown Businesses and Properties
• Major Developments
• Residential Development