Today, we’d like to inform you about the that Southwestern Ontario Development Fund (SWODF) and Eastern Ontario Development Fund (EODF)‘s current intake is over. The next intake starts on January 12, 2023 and will continue until February 23, 2023.

So, if you are planning on growing your business in Ontario, it’s high time to start working on your application to be ready to apply when the next intake starts.

About SWODF and EODF

The funds support projects and investments to businesses, municipalities and not-for-profit organizations for economic development in southwestern and eastern Ontario. The programs supports projects that create jobs, encourage innovation, collaboration and cluster development, and attract private sector investment.

Eligibility Criteria

• Be located in Southwestern or Eastern Ontario.
• 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)
• Be able to provide 3 years of operations/financial statements

Amount

Any for-profit business that intends to expand in Southern and Eastern Ontario outside Greater Toronto and Ottawa is eligible to receive 15% of the expansion budget from the government. The contribution may be in the form of a grant or an interest-free loan.

Deadline

Next intake will close on February 23, 2023.

We’d like to remind you about the grants that provide costs for personnel skill training:

• AIME Green Program (by the Yves Landry Foundation). Eligible training for AIME Green must be completed by December 31, 2023.
• Canada-Ontario Job Grant. COJG eligible training must be finished by March 31, 2024.

About AIME Green Program

The program is offering manufacturers in south, central and eastern Ontario up to $100K with 50% shared costs (first-time applicants) to offset the costs of training expenses related to upskilling and retraining their workforce to adopt and adapt green manufacturing principles at the shop floor level. Its eligibility criteria are:

• Must have between 10-1000 employees in Ontario;
• Must be continuously in business for at least three years (3 years) and demonstrate financial stability;
• Must operate a manufacturing facility or facilities in Ontario;
• Manufacture a specific product for sale in Ontario or elsewhere; and,
• Demonstrate adoption/adaption of greening technologies in products or manufacturing processes

Deadline: Eligible training must be completed by December 31, 2023.

About Canada-Ontario Job Grant

Canada-Ontario Job Grant provides the training cost up to a maximum of 83% of the training costs. The program’s eligibility costs include:

• Training (tuition) fees for the skills training that:
  • Is more than 25 hours in length (not applicable for Ontario)
  • Is delivered by an outside training service provider or institution
  • Does not replace or replicate prior training
  • Completed within 52 weeks of the approval date
  • Results in some sort of credential (record of completion, certificate, grade, etc.)
• Books & training supplies/materials
• Examination fees
• Other mandatory training fees, if applicable
• It is up to employer to select the training institution or educational service provider as long as the one provides a certificate or a record of the completion of the training.

Deadline: Eligible training must be completed by March 31, 2024.

Need help with this or other government funding programs but don’t know where to start or how to prepare an application?

CHECK ELIGIBILITY