Our Funds

VERGE Capital helps social enterprises (nonprofit, for-profit and cooperatives) bring their business ideas to fruition through two social finance loan funds. We provide capital to both new and established enterprises across Southwestern Ontario.

VERGE Capital leverages our growing entrepreneurship ecosystem to create wraparound supports before, during and after financing. Our team works closely with other social enterprise supports provided by Pillar Nonprofit Network, to provide expertise on legal structure, business planning, impact measurement, and market knowledge.

How it works

  1. Inquire

    Submit an Expression of Interest to VERGE
  2. Meet

    Meet with VERGE staff to explore fit and expectations
  3. Apply

    Selected enterprises submit applications with VERGE coaching
  4. Review

    Enterprises invited for investment review and site visit
  5. Financing

    Approved enterprises receive capital and ongoing support
  6. Reporting

    Enterprises provide reporting on social and financial results

Startup Fund

The VERGE Capital Startup Fund provides loans to local early-stage enterprises with both a solid business case and a strong community impact model.

Focus Early-stage Social Enterprises

Loans $5,000 – $100,000

Structure Lending pool established by grants to Pillar Nonprofit Network, supported by Libro Credit Union.

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Breakthrough Fund

The VERGE Breakthrough Fund is Southwestern Ontario’s first impact investing fund providing growth capital to social and environmental enterprises.

Focus Affordable housing developments, community real estate and established social enterprises

Loans $50,000 – $500,000

Structure Investment opportunity available to accredited investors, held in a unit trust managed by Pillar Nonprofit Network and MaRS SVX.

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