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Eastern Ontario Development Fund (EODF) — Business project grants
Funding for business growth in eastern Ontario
Last Update: March 4, 2026
Funding available
$ 200,000 - $ 1,500,000
Timeline
- Open Date : November 5, 2024
- Closing date : January 28, 2024
Location
Ontario, Canada
Overview
Grants of up to $1.5 million support business investment and economic development in eastern Ontario. Eligible projects can include new equipment, training, new operations, and business expansion.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop workforce skills
Eligible Funding
- Maximum amount : 1,500,000 $
- Minimum amount : 200,000 $
- Up to 15% of project cost
Timeline
- Open Date : November 5, 2024
- Closing date : January 28, 2024
Eligible candidates
Eligible Industries
- All industries
Location
- Ontario
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- 10 employees minimum
Audience
- Rural or Northern Residents
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business expansion projects
- New operations in eastern Ontario
- Productivity and competitiveness improvements
- New products, services, or markets
- Projects with regional economic impact
Documents Needed
- Application form
- Cash flow forecast
- Articles of incorporation or letters patent
- Corporate family tree
- Three years of financial statements
Eligibility
Who is eligible?
- For-profit businesses
- Municipalities
- Not-for-profit organizations
Who is not eligible
- Retail businesses
- Start-ups
- Primary production businesses
- Consulting businesses
- Stand-alone restaurants and hotels
Eligible expenses
- Equipment and machinery
- New technologies
- Labour and training
- Materials and specialized expertise
- Permits and project-related fees
Ineligible Costs and Activities
- Ongoing operations and maintenance
- Refinancing, acquisitions, and buyouts
- Relocations within Ontario
- Consulting application costs
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
Processing and Agreement
- Applications are reviewed after the intake period closes.
- Applicants are notified within about 60 business days.
- Approved applicants must sign a funding agreement.
- Disbursement conditions must be met before payment.
- Annual reporting and project commitments apply.
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.
Frequently Asked Questions about the Eastern Ontario Development Fund (EODF) — Business project grants Program
Here are answers to the most common questions about the Eastern Ontario Development Fund (EODF) — Business project grants. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Eastern Ontario Development Fund (EODF) — Business project grants?
Grants of up to $1.5 million support business investment and economic development in eastern Ontario. Eligible projects can include new equipment, training, new operations, and business expansion.
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.
What is the deadline to apply?
The application deadline for this grant program was January 28, 2024.
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:
For-profit business in Ontario.
At least 3 years of operations.
Project in eastern Ontario.
What expenses are eligible under Eastern Ontario Development Fund (EODF) — Business project grants?
Business expansion projects
New operations in eastern Ontario
Productivity and competitiveness improvements
New products, services, or markets
Projects with regional economic impact
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