grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|fromMinToMax
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
  • Agriculture, forestry, fishing and hunting
  • Manufacturing
  • Professional, scientific and technical services
  • Health care and social assistance
grant_single|grantors
  • Federal Economic Development Agency for Southern Ontario (FEDDEV)
grant_single|status
grant_card_status|open

grant_single_labels|preview

The FedDev Ontario grant program supports incorporated businesses in Southern Ontario by providing no-interest, repayable contributions ranging from $125,000 to $10 million per project. Eligible activities include developing, commercializing, or producing innovative products, processes, and services, improving productivity and competitiveness, and scaling up or expanding to develop new business opportunities. The program prioritizes projects focused on clean economic growth, business development, technological innovation, and industrial transition.

grant_single_labels|projects

Yes, there are several activities eligible for this grant.
Here is a summary of the eligible activities:
  • Developing, commercializing and/or producing new and innovative products, processes and services.
  • Improving productivity, capacity and competitiveness through technology adoption and process improvements.
  • Scaling-up or expanding business lines to access new markets or customer bases.
grant_single|admissibleProjectsExample

$1,250,000

Toronto
Developing a new AI software for predictive maintenance in manufacturing.

$2,500,000

Montreal
Expanding production capacity for eco-friendly packaging solutions.

$2,000,000

Waterloo
Research and development of a novel renewable energy storage system.

$1,250,000

Vancouver
Launch of a new line of organic skincare products.

$1,500,000

Toronto
Enhancing digital infrastructure for remote work capabilities.

$1,000,000

Hamilton
Developing a mobile app for mental health support.

grant_single_labels|admissibility

The grant is open to growing and established businesses, co-operatives and Indigenous (First Nations, Métis and Inuit Peoples) businesses located or expanding in southern Ontario. Eligible applicants must meet specific criteria to qualify for funding.
  • For-profit entities.
  • Incorporated in Canada or Ontario.
  • Have a minimum of 5 full-time employees.
  • At least 3 years of business operations.

grant_eligibility_criteria|who_can_apply

Eligible companies for this grant include growing and established businesses, co-operatives, and Indigenous (First Nations, Métis, and Inuit Peoples) businesses located or expanding in southern Ontario. These entities must be for-profit, incorporated in Canada or Ontario, have a minimum of 5 full-time employees, and have at least 3 years of business operations.
  • Growing and established businesses
  • Co-operatives
  • Indigenous (First Nations, Métis, and Inuit Peoples) businesses
  • Located or planning to expand in southern Ontario
  • For-profit entities
  • Incorporated in Canada or Ontario
  • Minimum of 5 full-time employees
  • At least 3 years of business operations

grant_eligibility_criteria|eligible_expenses

Eligible expenses for this grant include new costs essential to the project such as labour, expertise, and equipment costs.
  • Labour costs
  • Expertise costs
  • Equipment costs

grant_eligibility_criteria|zone

Eligible geographic zones for this grant are identified as southern Ontario. Businesses must be located or expanding within this region to qualify.
  • Southern Ontario

grant_single_labels|criteria

Yes, there are evaluation and selection criteria for this grant. Complete applications are reviewed and assessed based on various criteria, including alignment with intake priorities and expected results of the project.
  • Alignment with intake priorities
  • Expected results of the project
  • Degree to which the project supports new or expanded initiatives for your company (i.e., incrementality of the project)
  • Quality of the project plan and budget, including contributions of project partners and ability to repay
  • Managerial, technical, operational, and financial capacity
  • Degree of risk
  • Compliance with applicable legislation and regulatory requirements
  • Quality of IP strategies for IP-intensive projects
  • Breadth, representation, and diversity of projects

grant_single_labels|register

  • Step 1: Check Eligibility
  • Ensure your business is an incorporated for-profit entity in Canada or Ontario.
  • Confirm you have a minimum of 5 full-time employees and at least 3 years of business operations.
  • Step 2: Identify Priority Areas
  • Determine which spring 2024 intake priorities your project aligns with, such as Clean Economic Growth, Growth Companies, Technology, or Industrial Transition.
  • Step 3: Contact FedDev Ontario
  • Reach out to FedDev Ontario for any questions or clarifications regarding your application or project.
  • Step 4: Prepare Application
  • Develop a comprehensive project plan addressing all required criteria, including how your project will create broad and long-term economic benefits for southern Ontario.
  • Prepare detailed budget estimates, including sources of matching funding.
  • Step 5: Apply Online
  • Submit your application during the intake period from April 29, 2024, to June 24, 2024, 4:59 pm Eastern Time.

grant_single_labels|otherInfo

Projects are assessed based on multiple criteria, and applicants may only submit one application per intake period. Additionally, funding may have tax implications for your business.
  • Projects are assessed based on alignment with intake priorities, expected results, and other criteria.
  • Applicants can only submit one application per intake period.
  • Financial assistance may have tax implications for your business; consult a qualified tax professional.
Apply to this program