This fund from the Federal Economic Development Agency for Southern Ontario helps to create, grow, and develop strong and inclusive regional networks that support business growth and innovation, as well as the entrepreneurial environment necessary for more innovative regional economies.
FedDev Ontario delivers programs and services to support innovation and economic growth in southern Ontario—Canada’s most populous region.
Supporting Ontario
FedDev Ontario is investing in people, potential, and possibilities. These funding opportunities are designed to help not-for-profit and community development organizations that provide support and services to companies to reach their potential and unlock new possibilities.
Eligibility
Examples of eligible project activities include growing and sustaining economic clusters through multiple partners:
- leading an industry consortium that solves a key problem or invests in critical sectors and new technology that keeps expertise and grows companies in the region
- supporting applied research and product development, commercialization, and/or technology adoption for new applications and/or entry into new markets
- encouraging first buyers for new products developed within an economic cluster or a business-led consortia
Additional Funded Activities
- Projects that focus on enhancing regional capacity by addressing gaps and supporting growth sectors with global, national, or regional opportunities
- improving the availability of risk capital
- providing services to help entrepreneurs and businesses grow, pursue export markets, and attract and retain highly skilled talent
- supporting firms to demonstrate and validate their technologies with early adopters
- investing in new technology platforms, innovation assets and tools, and commercialization processes for growing firms
- expanding collaborative efforts among industry partners to, for example, reach global markets and/or facilitate supply chain development
Application Open Date (Status)
Open
Application End Date (Deadline)
N/A
Funding Limits
Non-repayable contributions from $500,000 up to $10 million per project
Funding rules are strictly bound to the terms of the successful Grant Application.
Purpose & Commonly Used For
- Grow and sustain strategic clusters and consortia that support businesses to scale up and commercialize innovative products, technology, and services
- Enhance the development and reach of business incubators, accelerators, and other organizations that support entrepreneurs, start-ups or innovative companies with high-growth potential
- Support projects led by innovation-oriented organizations to increase and promote business productivity and global competitiveness, investment and talent attraction
- Leverage local advantages, institutions, and infrastructure in rural areas
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.
