The Future Oxford Legacy Fund is now accepting applications from entrepreneurs, businesses and partnerships in need of seed funding to develop new and sustainable community and regional opportunities that help to meet the targets set out in the Community Sustainability Plan.
Community Futures Oxford, formerly Oxford Small Business Support Centre, will play a key role in administering the Future Oxford Legacy Fund by accepting, screening and assessing applications.
Applications for funds will be granted in two streams: Access to Capital and Community Development Support. The “Access to Capital” funding stream will provide capital for entrepreneurial activities, with an emphasis on youth opportunities, arts and culture, tourism, high-tech manufacturing, and green technology. Meanwhile, the “Community Development Support” stream will offer non-repayable loans to not-for-profit projects.
To apply, a business or project does not need to be considered “green,” however it is required to have a sustainable business model, which will contribute to the overall sustainability of Oxford County.
To ensure requests for funding and investment meet goals, objectives and targets of the Future Oxford Community Sustainability Plan, the Future Oxford multi-criteria assessment tool will be used to help determine if a project or proposal supports a sustainable future. The tool uses a weighted “sustainability score card” to assess or compare community, economy and environment factors.
The Future Oxford Legacy Fund is a partnership between Oxford County, Future Oxford Partnership and Community Futures Oxford.
Individuals or organizations interested in applying for funding through the Future Oxford Legacy Fund should visit FutureOxford.ca to access the application.