December 16, 2016
Future Oxford Legacy Fund now accepting applications
Legacy Fund will support the development of sustainable projects in Oxford County
The Future Oxford Legacy Fund is now accepting applications from entrepreneurs, businesses and partnerships in need of seed funding to develop new and sustainable community and regional opportunities that help to meet the targets set out in the Community Sustainability Plan.
Community Futures Oxford, formerly Oxford Small Business Support Centre, will play a key role in administering the Future Oxford Legacy Fund by accepting, screening and assessing applications.
Applications for funds will be granted in two streams: Access to Capital and Community Development Support. The “Access to Capital” funding stream will provide capital for entrepreneurial activities, with an emphasis on youth opportunities, arts and culture, tourism, high-tech manufacturing, and green technology. Meanwhile, the “Community Development Support” stream will offer non-repayable loans to not-for-profit projects.
To apply, a business or project does not need to be considered “green,” however it is required to have a sustainable business model, which will contribute to the overall sustainability of Oxford County.
To ensure requests for funding and investment meet goals, objectives and targets of the Future Oxford Community Sustainability Plan, the Future Oxford multi-criteria assessment tool will be used to help determine if a project or proposal supports a sustainable future. The tool uses a weighted “sustainability score card” to assess or compare community, economy and environment factors.
The Future Oxford Legacy Fund is a partnership between Oxford County, Future Oxford Partnership and Community Futures Oxford.
Individuals or organizations interested in applying for funding through the Future Oxford Legacy Fund should visit FutureOxford.ca to access the application.
Miranda Fuller, Program Director, Future Oxford
"This is a milestone achievement for Future Oxford and a step forward for the Community Sustainability Plan. Being able to fund projects and ideas that directly impact the advancement of the goals, targets and action items within the Community Sustainability Plan has always been at the forefront of Future Oxford’s vision. We are excited to be partnering with Community Future’s Oxford and Oxford County to see what innovative ideas the Oxford community has to offer."
Sustainability is an approach to meeting the needs of the present without compromising the ability of future generations to meet their own. It takes into account the short and long-term ecological, social, and economic consequences of our actions and emphasizes both environmental and human well-being as essential ends in themselves. Oxford has adopted the lens of sustainability to create an integrated and effective approach to addressing challenges, including economic and social inequities, human health, ecosystem decline, and community development.
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About Future Oxford
The Future Oxford: A Community Sustainability Plan sets out the community’s vision for how we will manage community, environmental and economic resources for Oxford County’s future growth and wellbeing. The Plan sets out 70 distinct actions to improve quality of life for Oxford's current and future generations. For more information and to read the Future Oxford Community Sustainability Plan online visit www.futureoxford.ca.
Jenn Austin | Strategic Communication & Engagement
519.539.9800, ext. 3505 | email@example.com