# Southern Ontario Fund for Investment in Innovation

**Type:** Grant
**Category:** Other Programs
**Funding Amount:** CAD 150,000–500,000 CAD
**Eligible Regions:** Ontario
**Official Source:** https://www.cfeasternontario.ca/en/sofii/sofii-program-overview

## About This Program

Loans for innovative SMEs in southern Ontario

## Details

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. 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.

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