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Community Futures Oxford is accepting applications for the 2021 Oxford Economic Stimulus Fund

April 19, 2021

Community Futures Oxford is accepting applications for the 2021 Oxford Economic Stimulus Fund

$1.5M for OESF Funding has been made available by Oxford County and Community Futures Oxford

Grant Applications for Non-Profits and Community Organizations:
Applications for requests of up to $25,000 to support the recovery of the local economy will open in two intakes for 2021.
Intake 1: Applications closed (read more about approved projects here)
Intake 2: Applications due April 30

Non-profit and community organizations are invited to submit applications for project ideas that:
-Promote the consumption of local goods and services
-Support the tourism industry
-Revitalize businesses in downtown cores
-Directly support the recovery of small businesses in Oxford County

For inquiries, contact Lindsay Wilson: lwilson@cfoxford.ca

Learn more button: https://cfoxford.ca/oxford-economic-stimulus-fund-grant-stream/

Loan Applications for Small Businesses:
Applications for requests of up to $100,000 for businesses that have been adversely impacted by COVID-19 remain open for the 2021 calendar year.

This repayable loan for working capital will consist of:
-Up to a 5-year term amortized over 5-10 years with an interest rate of prime plus 2%
-Special terms such as no payments for 6 months and then interest only for 18 months
-10% of the loan is forgiven if repaid within 2 years

For inquiries, contact Luigi Basacco: lbasacco@cfoxford.ca