Ontario-based social enterprises can win $25,000 at Discovery conference

The Ontario Centres of Excellence (OCE) is accepting applications for two features of its annual Discovery conference: the Social Enterprise Zone (SEZ) and the Social Enterprise Pitch Competition. The conference, which is dedicated to bringing together entrepreneurial minds and showcasing innovative technologies, will be held from May 15 to May 17 at the Metro Toronto Convention Centre.

The SEZ will invite 24 Ontario-based social enterprises to showcase their social innovation and connect with potential investors, partners, and customers. Five to eight social enterprises selected for SEZ will pitch to a panel of judges for a chance to win $25,000 in business development funding and legal services.

The funding package includes a $10,000 award from the Ministry of Economic Development and Growth, a $5,000 award from the Business Development Bank of Canada (BDC), and a $10,000 legal services package from law firm Norton Rose Fulbright to help winning companies scale further.

“We are delighted to be able to give Ontario’s social entrepreneurs this unsurpassed opportunity to display their ingenuity and commitment in creating businesses that address social challenges and help improve quality of life for people,” said Tom Corr, the president and CEO of OCE. “This component of Discovery always attracts great interest and is an ideal forum for exhibitors to promote their business ideas.”

To enter the pitch competition, companies should submit a two-minute video or pitch deck highlighting the problem their venture is tackling. The application deadline is March 24, 2017 at 12 p.m. To apply for SEZ, click here.

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