FedDev Ontario Opens Funding for Businesses and Organizations
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FedDev Ontario is helping to build a green, inclusive and globally competitive southern Ontario by investing in companies to innovate, expand and diversify and supporting organizations to provide business support and services in communities across the region.
Funding for Businesses - Apply by June 24, 2024
Applications can be submitted for:
No-interest, repayable contributions from $125,000 up to $10 million per project for incorporated businesses that:
- develop, commercialize or produce innovative products, processes and services
- improve productivity, capacity and competitiveness
- scale-up and expand to develop new business opportunities, enter new markets, or reach new customers
We are looking for projects that focus on one or more of our spring 2024 intake priorities:
Clean economic growth
- projects that support the greening of the economy, that can contribute to emissions reductions, and that create sustainable and green jobs.
Growth companies
- projects that accelerate business development and growth.
Technology
- projects in cutting-edge sectors (e.g., artificial intelligence, cybersecurity, medical technologies, digital health and agri-tech).
Industrial transition
- projects that support change in traditional sectors to adopt new technologies and other innovations to improve their competitiveness and build new opportunities (e.g., the adoption of automation in manufacturing to increase efficiency and productivity).
Learn more on FedDev's webpage.
Funding for Organizations - Apply by June 24, 2024
Applications can be submitted for:
Non-repayable contributions from $125,000 up to $10 million per project for not-for-profit and community development organizations that:
- create a thriving innovation and entrepreneurship environment
- foster inclusive and sustainable economic growth
- support new entrepreneurs through mentorship and training
- transform and diversify local economies
We are looking for projects that focus on one or more of our spring 2024 intake priorities:
Clean economic growth
- projects that support the greening of the economy, that can contribute to emissions reductions, and that create sustainable and green jobs.
Growth companies
- projects that accelerate business development and growth.
Technology
- projects in cutting-edge sectors (e.g., artificial intelligence, cybersecurity, medical technologies, digital health and agri-tech).
Industrial transition
- projects that support change in traditional sectors to adopt new technologies and other innovations to improve their competitiveness and build new opportunities (e.g., the adoption of automation in manufacturing to increase efficiency and productivity).
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