ArtsBuild Ontario and Community Forward Fund are excited to launch the Energize Microloan Fund for the Arts to support efforts to make arts facilities more energy efficient.
WHAT IS IT?
Energize Microloan Fund for the Arts provides arts nonprofits with the opportunity to apply for small loans from $2,500 to $5,000 at an interest rate of 3.5% to be used for funding projects, reports or plans that make their creative spaces more energy efficient.
Through our partnership with Community Forward Fund and generous support from TD, the Energize Microloan Fund for the Arts will help our arts facilities make needed improvements that will save them money each year on utility bills.
WHY ARE WE DOING IT?
Energy efficiency upgrades can save an organization money on their annual utility costs. We want to make sure our arts organizations are able to take advantage of these opportunities. ArtsBuild is piloting this small loan fund so arts organizations can be supported in small projects/plans/reports that help them maximize the opportunities and energy incentives available to them.
Examples of projects:
- Installation of energy efficient lighting systems
- Installation of low flow toilets
- Insulation
- Replacement of any system or component with an energy efficient system/component
- Replacing windows or roofs
WHO CAN APPLY?
Nonprofit arts organizations in Ontario responsible for the maintenance of their facilities and pay for their own utilities, have annual revenue up to $5 million, and who are addressing environmental, energy efficiency or conservation challenges in their creative spaces. Read more about eligibility requirements here.
There are 12 loans available. Applications will be accepted until all spots are full.
HOW TO APPLY?
1. Click here to download the Energize Microloan Fund for the Arts Application Form.
2. Send your completed application form and attachments to lindsay@artsbuildontario.ca.
3. Mail your $250 application fee (made payable to Community Forward Fund) to:
ArtsBuild Ontario
79 Joseph Street
Kitchener, ON N2G 1J2
HAVE QUESTIONS?
Please do not hesitate to contact Lindsay MacDonald, Director of Programs, at 519.880.3670 x102 or lindsay@artsbuildontario.ca.
Feel free to visit our website here for full details about the Energize Microloan Fund for the Arts.
