We are pleased to release the 2020/21 Opportunities Fund Guidelines for our Inclusive Local Economies Program. The program is designed to support the development of long-term strategies that can create sustainable economic opportunities and generate wealth for low-income people and communities in Toronto.
The Opportunities Fund is an open call for innovative ideas and compelling approaches that can contribute to building a more equitable city where low-income people are able to have access to Toronto's vibrant economy.
The goal of the Opportunities Fund is to improve the economic livelihoods of low-income people through strategies that:
- make precarious jobs better (raise the floor) and support the upward mobility of workers (build ladders);
- reduce barriers for low-income entrepreneurs and alternative business models; and
- leverage the assets of neighbourhoods to improve the economic livelihoods of low-income residents.
The program guidelines are available for download here. Please note that there will only be one round of funding for the Opportunities Fund in 2021. The deadline for letters of interest is November 23, 2020. Funding decisions will be announced in April 2021.
Applicants are encourage to view our November 2015 webinar here, which provides an overview of the program, answers common questions, and discusses the addition of three strategic focus areas for funding.