Nottawasaga Futures

Activities and Projects

Community Investment Loan Fund

Start Date:January 2004
Funding:Federal Economic Development Agency for Southern Ontario (FedDev), NCFDC, NCEDC, NT Temps Inc.
Goals:To deliver a community investment fund and related services.
Objectives:Disburse loans to businesses in South Simcoe that are unable to procure funds from traditional sources.

The South Simcoe Investment Review Committee continues to actively review South Simcoe loan applications. FedDev originally provided $2,648,000 in capital. As of January 1,2019 $8,405,727 has been disbursed to businesses in South Simcoe. To date, $10,200,937 has been leveraged from the owners and other traditional financial services for South Simcoe businesses due to the business counselling and/or investment loans provided. Since inception 4,162 jobs have been created or maintained due to business counselling and/or investment loan activity.                       

Activity for April 2018 - January 2019


Number of closed deals


Value of closed deals


Value of funds leveraged


Active portfolio ration


Number of jobs created and maintained 


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