Up to $1,5000,000 support to expand your business or attract business to your community in southwestern Ontario

Southwestern Ontario Development Fund - Business Stream Grants

Type of Funding

Grant

Max Funding

1,500,000.00

Region

Provincial

Application Difficuty

Complex

Processing Time

Slow (A few months)

Province

Ontario

Industry

N/A

Funding Goals

RnD/Innovation/Develop a product or service.
Develop the local economy and infrastructure.

Demographic

N/A

Incorporated

Yes

Contact

WesternRegionBAS@ontario.ca
1-800-265-4743

Get a Fast Business/Personal Loan

Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours $5,000 to $50,000 No hidden fees No collateral Applying doesn’t impact credit score

Details

Financial support for projects that encourage innovation, collaboration, cluster development, job creation and private sector investment in Southwestern Ontario. $500,000 if the company has fewer than 100 employees and is based in rural Ontario. Funding to cover up to 50% of eligible project costs.

Eligibility

Employ at least 10 people, create at least 10 new jobs, provide 3 years of operations/financial statements, based in southwestern Ontario, invest at least $500,000 in the project

Similar funding programs

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Funding of $10,000,000 and more for innovative projects across multiple industries. Multiple Streams available: Business Innovation and Growth (Stream 1–3) plus Collaborations and Networks (Stream 4 & 5).
Max Funding $250,000,000.00
Strategic Innovation Fund (SIF)
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Program aimed to encourage R&D, assist growth and expansion of firms in Canada and help attract investors.
Max Funding $250,000,000.00
Strategic Innovation Fund (SIF - Stream 2)
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Funding to support innovation and clean-tech, economic growth and diversification.
Max Funding $3,000,000.00
Strategic Investments in Northern Economic Development (SINED)

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