Maurice
Posted: February 4, 2022

Amount:

$10,000

Type of Program:

Grant


Description:

TEF offers Catalyzing Grants to support entrepreneurs with strong employment social enterprise ideas to access the support they need to complete a feasibility study and business plan to test the market and employment demand for their employment social enterprise idea.

Comments on Funding:

Grants range from $5,000 to $10,000 and are mainly aimed at supporting human resources costs, coach/consulting costs, costs to participate in entrepreneurship support programs and administrative costs.

Most of the applications receive $7,500.


When It Ends:

Applications currently closed

Deadline:

Spring 2022 deadlines to be determined

Eligibility:

Applicants must:

  • apply to complete a feasibility study and business plan for a high-potential, eraly-stage employment social enterprise;
  • intend to operate their ESE in Peel, Toronto or York Region;
  • work on a new ESE idea (not an existing employment social enterprise);
  • be one of the following:
  •  individual entrepreneurs / groups of entrepreneurs;
  • registered non-profit organizations;
  • registered charities;
  • First Nation Band Councils.

For-profit businesses incorporated with share capital and for-profit co-operatives are not eligible.

Documentation Needed:

Applicants must provide:

  • pitch deck and speaking notes (using TEF templates);
  • one letter of reference, if the applicant is an individual entrepreneur;
  • financial statements, if the applicant is an organization;
  • Catalyzing grant budget (using TEF template).

Applicants must submit two reports during the lifetime of the grant:

  • Report 1: completed feasibility study;
  • Report 2: completed business plan and expense report, details of progress on the employment social entreprises' development, and planned next steps. 

Other Things to Note: 

  1. 1
    Graduates of the ESE Idea Accelerator program have the option of applying for a Catalyzing Grant. Entrepreneurs who have not completed an Accelerator program can also apply for a Catalyzing Grant, if they have a sufficiently strong ESE idea. If you are interested in applying for Catalyzing Grant funding but have not participated in an Accelerator, please reach out to Courtney Ayukawa (cayukawa@uwgt.org) for application details. 
  2. 2
    TEF is not currently accepting applications for an Accelerator cohort. The next Accelerator cohort is expected to be in Spring 2022, with applications opening in January 2022. 

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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