The Fair Finance Fund is a non-profit social finance fund dedicated to providing loans and mentorship services to local food and farm enterprises that value strong local food systems, local economies, and a healthy planet. The Fair Finance Fund builds on seed capital to implement an ongoing investment opportunity for community-minded investors, that is, individuals who want to invest their capital to support local food systems in Ontario to support food that is grown, raised and processed in their own backyards.
The mission of the Fair Finance Fund is: to mobilize equitable and accessible capital for Ontario's food and farm enterprises that create social, environmental and economic benefits.
By fulfilling the mission, the Fund:
Strengthens and expands regional local food systems across Ontario
Creates equitable access to capital for social enterprises in Ontario’s food system
Supports food and farm enterprises offering social, environmental and community benefits
Improves rural economies through job creation and circulating money in local communities
Provides a vehicle for people to invest in their beliefs
We’re seeking applicants in the local food and farming sector who are looking to fund their projects and social enterprises. This could be funding that goes towards the start-up or expansion of your entrepreneurial food business, a small flock chicken business, incubator farm, local pizza and brewery, community cannery, co-operative abattoir… the possibilities are endless and we want to hear from you.
Derive most of their income from sales of goods and services
Be registered as a non-profit, charity, co-op or a business with clearly stated social and/or environmental values and objectives that are integrated into the operations
Provide a business plan for start-up or expansion activities, and a financial plan that demonstrates an ability to pay back loan elements of the funding
Demonstrate the ability to track the social and/or environmental impact of the funded project, and benchmarks for social and environmental impact as well as financial measures
Demonstrate appropriate expertise to meet project goals