Closed
Eastern Ontario Development Fund (EODF) — Community economic development projects
Grants for economic development in eastern Ontario
Last Update: March 3, 2026
Funding available
$ 1,500,000
Timeline
- Open Date : July 2, 2024
- Closing date : September 17, 2024
Location
Ontario, Canada
Overview
Receive a grant of up to $1.5 million to cover up to 50% of eligible costs for projects that focus on job creation and economic and business development in eastern Ontario.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Access new markets
Eligible Funding
- Maximum amount : 1,500,000 $
- Up to 50% of project cost
Timeline
- Open Date : July 2, 2024
- Closing date : September 17, 2024
Eligible candidates
Eligible Industries
- All industries
Location
- Ontario
Legal structures
- Non-profit
- Public or Parapublic institution
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Canadians
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
- Employment and Training
- Business Associations
Target groups
- Rural / Remote communities
- Business owners / entrepreneurs
- Community leaders
Revenue structures
- All structures
Scope
- Municipal
- Regional
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
The Eastern Ontario Development Fund supports projects aimed at enhancing community economic development through strategic investments and collaborations. Eligible projects are designed to create infrastructure improvements, foster technological advancements, and facilitate private sector investments that lead to regional growth and job creation.
- Investment in municipal infrastructure to attract private sector investments and facilitate job creation.
- Forming consortia between communities and businesses to tackle competitiveness limitations or adopt technology.
- Developing supply chains that support new foreign direct investments.
- Consortium projects between municipalities to implement a comprehensive economic development strategy.
- Executing priorities from regional or provincial strategic plans or previous business cases aimed at regional development.
Documents Needed
- Application form
- Cash flow forecast
- Articles of incorporation
- Corporate family tree
- Three years of financial statements
Eligibility
Who is eligible?
- For-profit businesses
- Municipalities
- Not-for-profit organizations
Who is not eligible
- Ongoing operations, maintenance, and capital replacement projects
- Refinancing, acquisitions, buyouts, restructurings, and relocations within Ontario
- Primary production, retail, consulting, electricity generation, waste management, recycling, information and communication services, academic research, and stand-alone restaurants or hotels
Eligible expenses
- Project-related equipment and machinery
- Infrastructure and facility modifications or upgrades
- One-time internal labour, materials, specialized expertise, and skills training
- Project-related permits or fees
Ineligible Costs and Activities
- Consultant costs for preparing the application
- Ongoing operations, maintenance, and capital replacement
- Refinancing, acquisitions, buyouts, restructuring, and relocations within Ontario
- Projects in excluded sectors, including retail, primary production, consulting, electricity generation, waste management, recycling, information and communication services, academic research, and stand-alone restaurants and hotels
Eligible geographic areas
- Eastern Ontario
- Southwestern Ontario
Processing and Agreement
- Applications are reviewed after the intake deadline
- Only complete applications submitted on time are assessed
- Applicants are notified of decisions within about 60 business days
- A funding agreement must be signed before any payment is made
Additional information
Here are additional relevant details for this grant:
- Complementary services and supports are available whether or not your application for funding is successful.
- Consultations with a regional advisor are required before applying to better align your project with program objectives.
- Notification of the application decision is typically provided within 60 business days of the application deadline.
- Accessing skills and talent, environmental compliance assistance, and tax credit information may be available as additional support for business projects.
- Land-use planning and workforce development navigation support may be offered as additional support for community projects.
Documents and links
Frequently Asked Questions about the Eastern Ontario Development Fund (EODF) — Community economic development projects Program
Here are answers to the most common questions about the Eastern Ontario Development Fund (EODF) — Community economic development projects. 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) — Community economic development projects?
Receive a grant of up to $1.5 million to cover up to 50% of eligible costs for projects that focus on job creation and economic and business development in eastern Ontario.
How much funding can be received?
Eastern Ontario Development Fund (EODF) — Community economic development projects Funds up to 50% of admissible expenses, capped at $1,500,000 per project.
What is the deadline to apply?
The application deadline for this grant program was September 17, 2024.
Who is eligible for the Eastern Ontario Development Fund (EODF) — Community economic development projects program?
To be eligible for the Eastern Ontario Development Fund (EODF) — Community economic development projects program, you must:
The organization must be a municipality, Indigenous community, incorporated non-governmental organization with an economic development mandate, or a consortium of businesses led by a not-for-profit organization.
The organization or its consortia partners must have a minimum of three years of operating experience with financial statements.
The project must commit to a minimum eligible investment of $100,000.
What expenses are eligible under Eastern Ontario Development Fund (EODF) — Community economic development projects?
The Eastern Ontario Development Fund supports projects aimed at enhancing community economic development through strategic investments and collaborations. Eligible projects are designed to create infrastructure improvements, foster technological advancements, and facilitate private sector investments that lead to regional growth and job creation. Investment in municipal infrastructure to attract private sector investments and facilitate job creation.
Forming consortia between communities and businesses to tackle competitiveness limitations or adopt technology.
Developing supply chains that support new foreign direct investments.
Consortium projects between municipalities to implement a comprehensive economic development strategy.
Executing priorities from regional or provincial strategic plans or previous business cases aimed at regional development.
Where is the Eastern Ontario Development Fund (EODF) — Community economic development projects available?
The Eastern Ontario Development Fund (EODF) — Community economic development projects program is available the province of Ontario.
Is the Eastern Ontario Development Fund (EODF) — Community economic development projects a grant, loan, or tax credit?
Eastern Ontario Development Fund (EODF) — Community economic development projects is a Grant and Funding