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Activities and Projects

Community Investment Loan Fund


To deliver a community investment fund and related services


Disburse loans to businesses in South Simcoe that are unable to procure funds from traditional sources


The South Simcoe Investment Review Committee continues to actively review South Simcoe loan applications. FedDev originally provided $2,648,000 in capital.  As of January 1, 2021, $11,557,161.74 has been disbursed to businesses in South Simcoe. To date, $11,250,271.45 has been leveraged from the owners and other traditional financial services for South Simcoe businesses due to the business counselling and/or investment loans provided. Since inception, 4,753 jobs have been created or maintained due to business counselling and/or investment loan activity. 


Activity for April 1, 2020 –March 31, 2021  


Number of loans disbursed


Value of loans disbursed


Value of funds leveraged


Active portfolio ratio


Number of jobs created and maintained