
Source change captured:
FedDev — Funding for southern Ontario
Overview
At a glance
Funding available
- Increase performance through digital transformation
- Increase production or service capacity
- Increase operational productivity
- Maximum amount : 10,000,000 $
- Minimum amount : 125,000 $
Eligible candidates
- All industries
- Ontario
- For-profit business
- All revenue ranges
- 5 employees minimum
- All groups
Next Steps
Availability timeline
Activities funded
- Late-stage development of a new product for sale, normally within technology readiness levels 7 to 9
- Process improvements that reduce the environmental impact of current operations through new technology
- Showcasing and demonstrating a new technology in an operational setting, and conducting market diagnostics and studies
- Acquiring, adapting, or adopting new technologies or processes, including digitization, clean technologies, automation, and related skills development
- Launching new products or services, integrating into value chains or supply chains, leveraging venture or angel capital, and reshoring or onshoring production, R&D mandates, or highly qualified personnel or expertise to southern Ontario
Documents Needed
- Financial statements for the last 2 completed fiscal years and the most recent interim financial statement
- Financial projections for the next 3 to 5 years
- Articles of incorporation or amendments or similar documents, plus a diagram of the company's structure
- Biographies of key management and technical staff, a work plan or project schedule, and a breakdown of the types and numbers of jobs to be created or maintained
- If applicable, an intellectual property strategy, the organization's by-law or constating documents, technical diagrams or photos, and diversity, equity and inclusion supporting documents
Sources and recorded changes
- Source change captured
- Change recorded
- Record updated
A captured source change or record update does not confirm eligibility. Check the funder’s current rules before applying.
Application guide now visible
The southern Ontario funding page now shows a detailed application guide with section-by-section instructions, required attachments, and applicant criteria.
The funding for businesses in southern Ontario content now shows the Application Guide rather than only a brief program overview. It adds detailed instructions for completing the application, including applicant information, project information, financial information, certification, confidentiality and reporting requirements, and annexes on Technology Readiness Levels, project indicators, and cost categories. The guide also makes the applicant profile more specific by stating that for-profit applicants need at least 5 FTEs located in southern Ontario and fewer than 500 FTEs overall, and it explains what information and supporting documents should be provided in multiple question sections. The guidance for project description, clean growth, equity and diversity, partnerships, market opportunity, risks, and financial need is now much more explicit than before.
Program guide
Application form
Eligibility
Who is eligible?
- Growing and established businesses
- Co-operatives
- Indigenous (First Nations, Métis and Inuit Peoples) businesses
- For-profit entities located and operating in southern Ontario at the time of application
- Businesses incorporated and registered to do business in Canada or Ontario for at least the past 3 years
Eligible expenses
- Machinery, equipment, and software directly related to or necessary for the project
- Project facilities and infrastructure costs, including renovations, site improvements, or leasehold improvements tied to specialized project equipment or assets
- Incremental salaries and benefits for employees directly completing project activities
- Incremental fees for professional and technical expertise, including consultants, engineers, contractors, and other contracted personnel
- Marketing and outreach, training and talent, and direct materials used for the project, including translation, course material, prototypes, and production-system testing materials
Ineligible Costs and Activities
- Activities that support basic research
- Land and buildings, including the purchase of land or buildings
- Basic and applied research and development, and refinancing of existing debts
- Regularly scheduled capital expenditures, asset replacement, and the purchase, lease, or operation of personal motorized vehicles and off-site equipment
- External consultants paid to prepare an application, hospitality and entertainment costs, and ongoing production or operating costs such as raw materials and inventory materials
Eligible geographic areas
- Southern Ontario
Selection criteria
- Alignment with the program's funding activities
- Expected project results and the degree to which the project represents a new or expanded initiative for the company
- Quality of the project plan and budget, including project readiness and ability to repay
- The applicant's managerial, technical, operational, and financial capacity, plus project risks, mitigation measures, and intellectual property strategy quality for IP-intensive projects
- Funding decisions may also consider the breadth, representation, and diversity of projects, as well as compliance with applicable legislation and regulatory requirements
How to apply
- Gather the mandatory and supporting documents required for a complete application.
- Download the Application for Funding form to your computer and save it.
- Open the form using Adobe Acrobat Reader 10 or later, not in a web browser.
- Complete the form using the Application Guide and leave question 22 blank.
- Use the Add Attachments button to attach all required documents.
- Submit the application and attachments; the submitter must be authorized to bind the company, and a confirmation message will be issued.
Processing and Agreement
- Complete applications undergo review and assessment, and missing mandatory attachments may result in the application not being assessed.
- FedDev Ontario may contact applicants about outstanding questions or issues and may consult external experts, including other government departments and agencies.
- If approved, applicants must confirm all matching funding sources and sign a legally binding contribution agreement within 30 calendar days of being notified.
- Funding is reimbursed based on approved costs incurred and claimed throughout the project's duration.
- Approved recipients must submit reports and other statements on project performance and comply with official languages, visibility, and funding acknowledgement requirements.
Additional information
- If your business has an active project with FedDev Ontario, any new application must be distinct and separate, and your business can only submit one application at a time.
- Confidential or proprietary information should be marked as such, and application information is subject to the Access to Information Act and Privacy Act.
- FedDev Ontario reserves the right to modify these guidelines at any time without notice and may waive certain requirements on an exceptional basis.
- If approved, recipient names, amounts awarded, and project descriptions will be publicly disclosed.
