Funding Opportunities and Incentives

A comprehensive listing of available incentive programs and services that can lower your corporate taxes and help your business save on labour costs, R&D, and expansion activities can be found at www.investinontario.com/incentive-programs-and-services.

Eastern Ontario Development Fund
The Eastern Ontario Development Fund provides support for projects and investments to businesses, municipalities and not-for-profit organizations for economic development in eastern Ontario.

The types of support available include:

  • funding support
  • complementary services and support

The fund supports projects that:

  • create jobs and build talent
  • attract and encourage private sector investment
  • lead to business growth and broad positive economic impacts
  • encourage innovation, collaboration and cluster development

Rural Innovation Initiative Eastern Ontario
Rural Innovation Initiative Eastern Ontario (RIIEO), made possible with funding from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), supports the transition and growth of traditional SMEs, manufacturers and communities into the new rural economy, driving direct investments by private companies in innovation capital producing aggregate local and regional effects.

CanExport
Provides financial support for a wide range of export marketing activities.

Grant: applicants may seek minimum funding of $10,000 per application (requires that the total cost of eligible activities be at least $20,000).The maximum annual CanExport funding per applicant is $99,999 (in the event of multiple subsequent projects being approved (CanExport reimburses up to 50 percent of eligible expenses but requires that applicants match funds on a one-to-one basis.)

Digital Main Street
The Digital Main Street Program funded by the Province of Ontario in partnership with the Ontario BIA Association seeks to help small main street businesses across Ontario improve their adoption of technologies to better promote themselves online, sell online and even run back-office processes online. Every business that wants to participate in the grant must first take an online assessment of their current technology use. Based on the assessment, the business will then develop a Digital Transformation Plan based on a template that will be provided which will detail their goals and what technologies they need to achieve those goals. To help put the plan into action, the business can then apply for a one-time grant of $2,500 to help with the costs of adopting the required technology.

Starter Company
Starter Company Plus offer funding, mentorship and training to assist small business.

Jobs and Prosperity Fund
Businesses, business associations and entrepreneurs can get funding for projects to enhance productivity and help them compete in the global marketplace. 

KEYS Job Centre
Keys delivers a wide range of employment programs including wage subsidies and training incentives, Canada Ontario Job Grant, Youth Job Connection.

Futurpreneur Canada
Loan: up to $15,000, their partner Business Development Bank of Canada (BDC) can provide additional financing of up to $30,000

Description: Financing and mentoring for start-up business.

Eligibility: 18 – 39 years old who are Canadian citizens or permanent residents currently living in Canada.