Funding for businesses in southern Ontario

Applications are being accepted from October 22, 2024 to December 20, 2024 at 4:59 pm Eastern Standard Time.

Information from: https://feddev-ontario.canada.ca/en/funding-southern-ontario/funding-businesses-southern-ontario-what-we-support

FedDev Ontario is hosting virtual information sessions to learn more about this program: https://feddev-ontario.canada.ca/en/funding-southern-ontario/program-information-sessions

FedDev Ontario is investing in people, potential, and possibilities. We want to help you grow so you can reach your potential and unlock new possibilities.

Applications can be submitted for

No-interest, repayable contributions from $125,000 up to $10 million per project for incorporated businesses that:

• develop, commercialize or produce innovative products, processes and services
• improve productivity, capacity and competitiveness
• scale-up and expand to develop new business opportunities, enter new markets, or reach new customers

We are looking for projects that

Focus on one or more of our fall 2024 intake priorities:

• Clean economic growth – projects that support the greening of the economy, that can contribute to emissions reductions, and that create sustainable and green jobs.
• Growth companies – projects that accelerate business development and growth.
• Technology – projects in cutting-edge sectors.
• Industrial transition – projects that support change in traditional sectors to adopt new technologies and other innovations to improve their competitiveness and build new opportunities.
• Automotive suppliers – projects that support firms in the transition to Zero-Emission Vehicles (ZEV) and contribute to the development of a robust Canadian ZEV supply chain.

Inclusive growth and regional coverage are cross-cutting investment principles. FedDev Ontario wants to help you grow your business. We welcome projects that create new opportunities for underrepresented groups and promote growth across urban centres and small and rural communities alike.

Who can apply?

Growing and established businesses, co-operatives and Indigenous (First Nations, Métis and Inuit Peoples) businesses located or expanding in southern Ontario that:

• are for-profit entities
• are incorporated in Canada or Ontario
• have a minimum of 5 full-time employees
• have at least 3 years of business operations

The application deadline for the fall intake is on December 20, 2024 at 4:59 pm Eastern Standard Time.

For more information about the program, how the funding works, how projects are assessed, and the application guidelines, please visit https://feddev-ontario.canada.ca/en/funding-southern-ontario/funding-businesses-southern-ontario-what-we-support

Before applying, applicants are encouraged to contact our team of Economic Development Officers who can help assess the fit with the program and provide advice on application preparation by calling (519) 332 1820 or email contact@sarnialambton.on.ca

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