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Eastern Ontario Development Fund (EODF) — Business project grants - Ontario - Canada
Closed
Source verified July 23, 2026

Eastern Ontario Development Fund (EODF) — Business project grants

Support for regional economic growth in Eastern Ontario
Latest source update
Last Update: July 20, 2026
Latest change: The Eastern Ontario Development Fund page now shows updated 2026 and 2027 intake periods with submission windows, deadlines, and notification dates.
View change
EODF intake dates updated
The Eastern Ontario Development Fund page now lists updated intake periods for 2026 and 2027, including submission windows, application deadlines, and notification dates. The visible periods include Application Period 23 2026 through Application Period 27 2027, and earlier period entries were reworded into closed notices. The page still states that applicants are notified within approximately 60 business days of the application deadline and that they should consult a regional advisor before applying. No visible changes were made to eligibility rules, funding terms, scope, or contact details.
Funding available
$ 1,500,000
Deadline
Closed
Location
Ontario, Canada
Who can apply

Businesses

See full eligibility

Overview

The Eastern Ontario Development Fund supports businesses, municipalities, and existing not-for-profit organizations in Eastern Ontario for regional economic development projects, with business loans of up to 15% of eligible costs and community grants available. Eligible projects include equipment, new technologies, and expansion into new activities or markets.
Find open grants for your business
Explore open funding programs that match your business and project.

At a glance

Funding available

Financing goals
  • Increase performance through digital transformation
  • Increase production or service capacity
  • Develop a new product or service
Eligible Funding
  • Maximum amount : 1,500,000 $
  • Up to 15% of project cost
Funds Providers

Eligible candidates

Eligible Industries
  • All industries
Location
  • Ontario
Legal structures
  • For-profit business
Annual revenue
  • $ 5,000,000 maximum revenue
Organisation size
  • 5-100 employees
Audience
  • Rural or Northern Residents

Next Steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Investments in equipment, new technologies, labour, and training to improve productivity and competitiveness and support growth
  • Investments in new activities in Eastern Ontario
  • Investments in existing activities that expand the business and introduce new products or services or create new markets
  • Municipal investment in infrastructure to attract private investment
  • Consortium projects between communities and businesses, or among municipalities, to address competitiveness, technology adoption, supply chains, or economic development strategies

Documents Needed

  • Application form
  • Cash flow forecast
  • Articles of incorporation or letters patent
  • Corporate family tree
  • Three years of financial statements

Official resources

Official page

Eastern Ontario Development Fund

Program guide

Appendix A: Eligible and ineligible cost categories

Appendix B: job creation and definition

Appendix B: Key terms of funding agreements

Application form

Application form

Application form

Application form

Eastern Ontario Development Fund (EODF) and Southwestern Ontario Development Fund (SWODF)

Eligibility

Who is eligible?

  • Businesses
  • Municipalities
  • Existing not-for-profit organizations

Who is not eligible

  • Retail businesses
  • Start-ups
  • Incubators
  • Primary production businesses, including mining, agriculture, and forestry
  • Consulting businesses

Eligible expenses

  • Equipment and machinery
  • New technologies
  • Labour and training
  • Materials and specialized expertise
  • Permits and project-related fees

Ineligible Costs and Activities

  • Ongoing production and operating costs, including maintenance and replacement of capital assets
  • Refinancing of existing commercial operations
  • Acquisitions and buyouts
  • Restructuring or relocation to another region or city in Ontario
  • Projects targeting retail, start-ups, incubators, primary production, construction, personal services, consulting, electricity production, waste management, or recycling sectors

Eligible geographic areas

  • Frontenac
  • Haliburton
  • Hastings
  • Kawartha Lakes
  • Lanark
  • Leeds and Grenville
  • Lennox and Addington
  • Muskoka
  • Northumberland
  • Ottawa
  • Peterborough
  • Prescott and Russell
  • Prince Edward
  • Renfrew
  • Stormont, Dundas and Glengarry

Selection criteria

  • Alignment with program objectives
  • Relationship to other projects under consideration
  • Regional economic development benefits
  • Projects that generate regional economic impacts beyond the business receive priority

How to apply

  • Discuss your project with a regional advisor before applying.
  • Obtain the application form on the Transfer Payment Ontario website.
  • Submit the completed application form only during the application intake period and before the deadline.

Processing and Agreement

  • Applications are reviewed after the intake period closes.
  • Only complete applications submitted before the deadline are evaluated.
  • Applicants are notified of decisions within approximately 60 business days of the application deadline.
  • To obtain funding, the applicant must sign a financing agreement with Ontario.
  • No payment is made before the agreement is signed and disbursement conditions are met, and financing sources and proof of insurance of at least $2 million must be in place before any disbursement.

Additional information

  • Applicants must speak with a regional advisor before applying.
  • Applications are submitted through TPON only.
  • The program is discretionary and funding is not guaranteed.
  • Funding agreements may include reporting and clawback provisions.

Contacts

Other components of this program

Explore related funding streams and grants that belong to the same program.

Frequently Asked Questions about the Eastern Ontario Development Fund (EODF) — Business project grants Program

What is the Eastern Ontario Development Fund (EODF) — Business project grants?

The Eastern Ontario Development Fund supports businesses, municipalities, and existing not-for-profit organizations in Eastern Ontario for regional economic development projects, with business loans of up to 15% of eligible costs and community grants available. Eligible projects include equipment, new technologies, and expansion into new activities or markets.

How much funding can be received?

Eastern Ontario Development Fund (EODF) — Business project grants Funds up to 15% of admissible expenses, capped at $1,500,000 per project.

Who is eligible for the Eastern Ontario Development Fund (EODF) — Business project grants program?

To be eligible for the Eastern Ontario Development Fund (EODF) — Business project grants program, you must: Businesses must be able to demonstrate three years of operations or provide financial statements for three years. Business projects must be separate from ongoing operations. Businesses must commit to create at least five new jobs.

What expenses are eligible under Eastern Ontario Development Fund (EODF) — Business project grants?

Investments in equipment, new technologies, labour, and training to improve productivity and competitiveness and support growth Investments in new activities in Eastern Ontario Investments in existing activities that expand the business and introduce new products or services or create new markets Municipal investment in infrastructure to attract private investment Consortium projects between communities and businesses, or among municipalities, to address competitiveness, technology adoption, supply chains, or economic development strategies

Who can I contact for more information about the Eastern Ontario Development Fund (EODF) — Business project grants?

You can contact Government of Ontario by email at eodf@ontario.ca or by phone at 1-800-361-3223.

Where is the Eastern Ontario Development Fund (EODF) — Business project grants available?

The Eastern Ontario Development Fund (EODF) — Business project grants program is available the province of Ontario.

Is the Eastern Ontario Development Fund (EODF) — Business project grants a grant, loan, or tax credit?

Eastern Ontario Development Fund (EODF) — Business project grants is a Grant and Funding