Special information session for applicants to community grants stream takes place June 1
Future Oxford and Community Futures Oxford are now inviting applications from entrepreneurs, businesses and non-for-profit organizations for 2021 Future Oxford Legacy Fund loans and grants. Funds are awarded annually to local projects and initiatives that help sustain Oxford’s community, economy and environment.
A special information session takes place June 1 for applicants to the Community Development Support stream, which offers grants to not-for-profit organizations that are working to support the goals of the Future Oxford Community Sustainability Plan.
Community Development Support Information Session
Applications to either the Community Development Support or the Access to Capital stream must demonstrate a sustainable business model and an alignment to the environment, economy and community “pillars” of the Future Oxford Community Sustainability Plan. Applications for the spring intake are due by July 2, 2021, at 4:00 p.m. EST.
The Future Oxford Legacy Fund has created and maintained more than 150 jobs since its inception in 2016 and disbursed $649,000 in loans and $29,000 in grants. The fund is a partnership between Future Oxford, Community Futures Oxford and Oxford County.
The Future Oxford Legacy Fund considers projects and initiatives that sustain our community, economy and environment. This includes but is not limited to projects that support affordable clean energy, responsible consumption and production, life on land, innovation and infrastructure, economic growth, poverty reduction, gender equality, and good health and well-being.
Future Oxford disperses funds in two streams:
Community Development Support (grants)
This stream offers non-repayable loans to not-for-profit initiatives that align with sustainable actions as defined by the three pillars of the Future Oxford Community Sustainability Plan. Applications are accepted in two intakes, once in the spring and again in the fall. This year there is up to $10,000 in funding available in the grant stream.
Access to Capital (loans)
The “Access to Capital” stream provides funding for entrepreneurial activities with an emphasis on youth opportunities, arts and culture, tourism, high-tech manufacturing, and green technology. Successful applicants, including private businesses, can receive financing of up to $100,000 through a repayable loan with flexible repayment terms. Community Futures Oxford administers the fund. Applications are accepted year-round.
A multi-criteria assessment tool is used to determine if requests for funding and investment meet the goals, objectives and targets of the Future Oxford Community Sustainability Plan. The tool uses a weighted “sustainability scorecard” to assess or compare community, economic and environmental factors.
About Future Oxford
Future Oxford presents a vision to foster and maintain a high quality of life throughout Oxford. It is a vision that inspires community members to explore and expand the potential to improve quality of life for Oxford’s current and future generations. It is a vision that respects who we already are, and sees the possibilities of who we can be.
Future Oxford: A Community Sustainability Plan is the plan for how we will achieve this vision. The plan is guided by the Future Oxford Collective, a group of volunteers and partners who are advancing the Future Oxford Community Sustainability Plan through collaboration, education and promotion. For more information and to read the Plan online, visit www.futureoxford.ca.