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TD Bank Group - The TD Ready Challenge

Innovative solutions for underserved small business owners
TD Bank, The Toronto-Dominion Bank (TD)
Last Update: March 4, 2026
Funding available
$ 1,000,000
Timeline
  • Closing date : September 5, 2024
Location
Canada

Overview

This funding supports innovative approaches that help underserved small business owners develop, launch, or grow a business. Eligible organizations may receive up to CDN $1 million (Canada) or USD $1 million (U.S.) to deliver strategies, technologies, or partnerships that address systemic barriers.
/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase performance through digital transformation
  • Increase social or community impact
  • Develop strategic partnerships
Eligible Funding
  • Maximum amount : 1,000,000 $
Timeline
  • Closing date : September 5, 2024

Eligible candidates

Eligible Industries
  • All industries
Location
  • Canada
Legal structures
  • Non-profit
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • All groups
Non-profit candidates
Sector of operation
  • Economic, Social and Community Development
  • Diversity and Inclusion
Target groups
  • Business owners / entrepreneurs
Revenue structures
  • All structures
Scope
  • National
  • International

Next steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Innovative initiatives that help underserved small business owners develop a business.
  • Innovative initiatives that help underserved small business owners launch a new business.
  • Innovative initiatives that help underserved small business owners grow an existing business.

Eligibility

Who is eligible?

  • Registered charities
  • Not-for-profit organizations
  • Local or state government organizations

Eligible geographic areas

  • Canada
  • United States

Processing and Agreement

  • Applications are reviewed and final funding decisions are made by the TD North American Executive Judging Panel.
  • Successful recipients are expected to be announced in early 2025.

Additional information

  • Final funding decisions are made by the TD North American Executive Judging Panel.
  • Successful recipients are expected to be announced in early 2025.
  • The general application deadline was September 5, 2024.

Frequently Asked Questions about the TD Bank Group - The TD Ready Challenge Program

Here are answers to the most common questions about the TD Bank Group - The TD Ready Challenge. 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 TD Bank Group - The TD Ready Challenge?

This funding supports innovative approaches that help underserved small business owners develop, launch, or grow a business. Eligible organizations may receive up to CDN $1 million (Canada) or USD $1 million (U.S.) to deliver strategies, technologies, or partnerships that address systemic barriers.

How much funding can be received?

TD Bank Group - The TD Ready Challenge Funds up to $1,000,000 of admissible expenses.

Who is eligible for the TD Bank Group - The TD Ready Challenge program?

To be eligible for the TD Bank Group - The TD Ready Challenge program, you must: Charitable or non-profit organization Innovative approach supporting underserved entrepreneurs Focus on business development, launch, or growth

What expenses are eligible under TD Bank Group - The TD Ready Challenge?

Innovative initiatives that help underserved small business owners develop a business. Innovative initiatives that help underserved small business owners launch a new business. Innovative initiatives that help underserved small business owners grow an existing business.

Who can I contact for more information about the TD Bank Group - The TD Ready Challenge?

You can contact TD Bank, The Toronto-Dominion Bank (TD).

Where is the TD Bank Group - The TD Ready Challenge available?

The TD Bank Group - The TD Ready Challenge program is available across Canada.

Is the TD Bank Group - The TD Ready Challenge a grant, loan, or tax credit?

TD Bank Group - The TD Ready Challenge is a Grant and Funding

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