SOFII Announces Funding for The Growcer Inc.: Cultivating a Greener Future

We are thrilled to announce that The Growcer Inc., a trailblazing manufacturer and seller of containerized hydroponic farms, has received funding through the Southern Ontario Fund for Investment and Innovation (SOFII). This funding marks a significant milestone in our ongoing commitment to support high-growth, innovative small and medium-sized enterprises (SMEs) across both urban and rural communities in southern Ontario.

About SOFII: Empowering Innovation and Growth

SOFII is more than just a funding program; it's a catalyst for progress and innovation. Our program offers interest-bearing business loans ranging from $150,000 to $500,000 (with additional funding available on an exception basis) to bolster the innovation and growth of SMEs in the region. Launched by the Government of Canada through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) in July 2012, SOFII is a testament to the government's commitment to nurturing high-growth companies. The program is delivered in southeastern Ontario by Community Futures Eastern Ontario (CFEO).

Meet The Growcer Inc.: Redefining Sustainable Agriculture

Growcer is at the forefront of revolutionizing agriculture. Its containerized hydroponic farms are a game-changer, empowering communities, retailers and organizations to grow local produce year-round. The company's mission is rooted in providing accessible, locally grown greens while creating a profitable, sustainable model for all-seasons farming.

Growcer's Impactful Innovation

The company’s innovative container farms can yield up to 10,466 pounds of produce annually within a compact 40-foot by 10-foot space, significantly surpassing industry averages. This breakthrough technology enables year-round local farming in areas where it was previously considered challenging or impossible.

SOFII Funding to Propel Innovation

SOFII funding will be instrumental in helping Growcer evolve its go-to-market strategy. The company aims to transition from smaller, impact-focused projects to commercial-scale initiatives that will drive large-scale adoption of hyper-local growing using vertical farming.

A Word from Growcer Leadership

Corey Ellis, Co-founder and CEO, shared, "The SOFII funding will enable us to invest in furthering our growth in the next year. SOFII's support could not come at a better time, as we are seeing increasing interest in our technology across Canada and internationally."

Alida Burke, Co-founder and CFO, added, "We'll use SOFII funding to invest in several regions where we see high potential for growth. We are thrilled at this outcome and look forward to continuing to scale our business, based here in the southern Ontario region."

CFEO

Through the SOFII program, we are proud to support forward-thinking companies like Growcer that are pioneering solutions for a sustainable and prosperous future. Growcer's impact on local food production and accessibility is a testament to the transformative power of innovation. We look forward to witnessing the company’s continued success.

Join us in celebrating Growcer's achievement and stay tuned for more success stories from SOFII as we continue to empower innovation and ignite growth across southern Ontario. #SOFII #Innovation #FundingSuccess