Our Funds
VERGE Capital provides loans to social enterprises (for-profits, nonprofits, charities and cooperatives) in Southwestern Ontario that contribute to the United Nations Sustainable Development Goals.
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
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Inquire
Submit an Expression of Interest to VERGE -
Meet
Meet with VERGE staff to explore fit and expectations -
Apply
Selected enterprises submit applications with VERGE coaching -
Review
Enterprises invited for investment review and site visit -
Financing
Approved enterprises receive capital and ongoing support -
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.
Learn moreBreakthrough 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.
Learn more