This fund from the Federal Economic Development Agency for Southern Ontario helps accelerate the growth of firms and assists with the adoption of new, innovative technologies that support scale-up, productivity, and the development of and entry into new markets to help companies become globally competitive.
FedDev Ontario delivers programs and services to support innovation and economic growth in southern Ontario—Canada’s most populous region.
Supporting Ontario
FedDev Ontario delivers programming to help grow businesses, cultivate partnerships, and build stronger communities.
Eligibility
You may be eligible if you meet the following:
- Innovative and globally-oriented businesses seeking to accelerate their growth
- High-potential firms (including accelerator graduates) commercializing innovative products, technologies, and processes
- Firms with scale-up potential looking to improve productivity through highly innovative, first-of-its-kind technologies with the goal of global competitiveness and market expansion
Additional Information
- No-interest, repayable contributions from $500,000 up to $10 million per project
Application Open Date (Status)
Open
Application End Date (Deadline)
N/A
Funding Limits
No-interest loan from $500,000 to $10 million per project
Funding rules are strictly bound to the terms of the successful Grant Application.
Purpose & Commonly Used For
- Scale up and expand
- Commercialization of new technologies
- Early adoption or adaptation of leading-edge technologies and processes
- Market diversification and entry into global markets
- Foster innovation, technology adoption, and digital connectivity
More Information
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.
FedDev Ontario supports businesses and organizations in southern Ontario, from Cornwall in the east to Owen Sound in the west, and from Pembroke in the north to Windsor in the south. Its mandate covers 37 Statistics Canada census divisions.
