VERGE Capital — Startup Fund

• The applicant must operate a social enterprise in Southwestern Ontario.
• The enterprise can be a for-profit business, nonprofit, or charity.
• The organization must prioritize social or environmental objectives, putting people and planet first.
• Enterprises owned by, led by, or serving historically excluded and marginalized populations are especially encouraged to apply.

Who is eligible?

• For-profit businesses
• Nonprofit organizations
• Charities
• Social enterprises

Eligible geographic areas

• Southwestern Ontario

There are evaluation and selection criteria for this grant.

• Evaluating the applicant’s social and environmental impact potential
• Assessing the financial feasibility and sustainability of the proposed project
• Reviewing the alignment of the proposal with VERGE Capital's mission and values
• Evaluating the capacity of the applicant to manage and execute the project effectively
• Considering the potential for community engagement and collaboration

• VERGE Capital is a social finance program managed by Pillar Nonprofit Network.
• The initiative is supported by a network of community collaborators focused on building a greener and more inclusive economy.
• VERGE Capital shares news and success stories from investees and community partners on their website.
• Community consultation and stakeholder engagement are key elements in their ongoing initiatives.