Grants of up to $1.5 million for projects that encourage innovation, collaboration, cluster development, job creation and private sector investment in southwestern Ontario.
The Southwestern Ontario Development Fund provides support for projects and investments to businesses, municipalities and not-for-profit organizations for economic development in southwestern Ontario.
The types of support available include:
- funding support
- complementary services and support
The fund supports projects that:
- create jobs and build talent
- attract and encourage private sector investment
- lead to business growth and broad positive economic impacts
- encourage innovation, collaboration and cluster development
Eligibility:
- have at least 3 years of operations/financial statements
- employ at least 10 people (or 5 if you are in rural Ontario)
- commit to creating at least 5 new jobs (or 30% increase for companies with fewer than 15 employees)
- invest at least $500,000 in their project (or $200,000 if you are in rural Ontario)
- be located in, or plan to locate in, a community in southwestern Ontario
Community economic development projects
To be eligible, projects need to:
- be led by municipalities, economic development organizations or sector organizations
- focus on economic and business development and job creation in the community or region by investing in infrastructure or implementing strategies to advance regional economic development priorities
- lead to measurable outcomes including private sector investment, growth and job creation
- invest more than $100,000
- have private sector support
- be used for activities that are new to the organization
Not currently accepting applications
Open for applications starting on October 6, 2022
Closing on November 17, 2022