In partnership with the Ontario Centres of Excellence (OCE), the Ontario Social Impact Voucher (OSIV) program will provide 200 vouchers worth up to $3,000 each to eligible social entrepreneurs across Ontario to access relevant training programs such as business planning or marketing to help scale up their business.
OCE will select delivery organizations as service providers for eligible social entrepreneurs and enterprises awarded a Social Impact Voucher through an open call.
The application process for delivery organizations is open from May 9, 2016 to June 13, 2016.
Social entrepreneurs and enterprises will apply to the OSIV Program once delivery organizations are selected.
A maximum of one voucher will be allocated per eligible social enterprise.
The application process for social entrepreneurs and enterprises will open from August 29, 2016 to July 31, 2017.
Funding for this program is provided by the Government of Ontario through the Ministry of Economic Development, Employment and Infrastructure (MEDEI).
By launching the new SVX, Ontario is positioning itself to become the leading place in North America for social enterprise.
Ontario has already strengthened the social enterprise industry in the province by:
Creating an Office for Social Enterprise to promote partnerships with the private, not-for-profit and public sectors by coordinating and expanding the tools available to social entrepreneurs across Ontario.
Launching the Ontario Catapult Micro-loan Fund as a pilot program to support early stage social enterprises by providing them with access to capital, services and programs.
Investing in SiG@MaRS, a program that supports social entrepreneurs at all stages to help develop and deliver programs that accelerate the growth of social enterprises.