2012 Business Plan Competition
$100,000 in seed funding is available to the winners of the Toronto Enterprise Fund’s 2012 Business Plan Competition for social enterprises that provide transitional or permanent employment for people who are marginalized. A social enterprise is a business owned by a non-profit organization that is directly involved in the production and/or sale of goods and services for the blended purpose of generating income and fulfilling a social, cultural and/or environmental mission.
To apply for a grant, your organization or group must have a comprehensive business plan and enter our 2011 Business Plan Competition! This year, the deadline for the Competition is September 17tht 2012. You may apply for up to $50,000 in seed funding to start up your social purpose enterprise.
For more details on eligibility, please visit How to Apply If you plan to apply to the competition, please contact us to talk about your application. Call Jerome at (416) 777-1444 ext. 661 or email jkisting@uwgt.org
Workshop Series
The Toronto Enterprise Fund offers potential applicants business development supports in the form of workshops and techinical assistance with the development of business plans. This year our half-day workshop dates are as follows:
- Introduction to Social Enterprise and TEF - February 29, 2012
- Feasibility and Market Research (with George Brown College) - April 12, 2012
- Introduction to Social Enterprise and TEF - May 8, 2012
- Social Programming Design (with Eko Nomos) - May 17, 2012
- Financial Management - June 6, 2012
- Introcution to Social Enterprise and TEF - TBD
Social enterprises funded by the Toronto Enterprise Fund
This year, the Toronto Enterprise Fund is supporting thirteen established social enterprises and three start ups.
• Seven of the thirteen enterprises funded by TEF in 2010 attained or exceeded business break-even
• The total sales of the thirteen enterprises exceeded $3 million in 2010
• Salaries and benefits paid to participants in 2010 exceeded $1.2 million, equal to 40% of total sales, and 60% more than TEF’s total funding to the enterprises
• 2,096 participants have been trained and/or employed by TEF funded enterprises since 2000.
enp-TO provides matching technical assistance grants of up to $10,000 for planning activities to help non-profit organizations start and grow social enterprises. Click here to find out how to apply.
Enterprising Non-Profits Toronto launches its Spring 2012 Funding Round
