The Toronto Enterprise Fund provides funding to non-profit organizations and community groups to start up social purpose enterprises in Toronto. Click here for a list of social enterprises supported by TEF. To be eligible for support, the social purpose enterprises must provide transitional or permanent employment to people who are homeless, at risk of homelessness or low-income. We make a long-term commitment to the social purpose enterprises we fund. Once an enterprise has received a start up operating grant, it is eligible to re-apply for funding every year. Only enterprises that do not meet our expected social and business outcomes would be at risk of losing their funding. We encourage increased reliance on sales revenue, and decreased reliance on grants by reducing the operating grant each year. |