BUSINESS DESCRIPTION
Cabinscape Inc manufactures high-end, custom designed, off-grid, solar-powered tiny cabins and offers rentals in rugged, camping-like settings.
Location | Toronto, ON |
Funding Raised | $500,000 |
Jobs Maintained | 7 FTE |
Forecasted Job Creation | 75 FTE (new jobs created from SOFII funding) |
Website |
SOFII PROJECT SUMMARY
The SOFII program has been a huge boost for Cabinscape. Securing the required financing for higher risk capital investment to develop our cabin rental company has been very challenging through traditional lending. Working with SOFII we were able to build a strong case for our business and secure the kind of financing we required to take Cabinscape to the next level. The application process was very helpful in focusing our business strategy for the next few years and the presentation to the board garnered helpful and actionable feedback that we have since applied to our business.
The support that SOFII has provided us has already given us the opportunity to start planning for the next phase of growth as we begin to expand out of the “startup phase” and into an established company with the capacity to support a broad range of employees across Ontario for a long time to come
John Loerchner
CEO
