SWODF & EODF Grant Intake Now Open – Apply by May 21!

We’re excited to inform you that both the Southwestern Ontario Development Fund (SWODF) and Eastern Ontario Development Fund (EODF) programs opened for applications on March 19, 2025, with the window closing on May 21, 2025.

The programs are focused on supporting business expansion and regional economic development in Southwestern and Eastern Ontario respectively. The fund backs projects that create jobs, encourage innovation, collaboration, and cluster development, attract private sector investment, and lead to business growth and broad positive economic impacts.

Eligibility requirements

• Be located in Southwestern and 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

Up to 15% of eligible project expenses in interest-free loans and/or grants depending on the location and strategic investment nature of the project.

By supporting businesses across Southwestern and Eastern Ontario, the SWODF and EODF programs help drive local job creation and economic development. Take advantage of this opportunity and hurry to apply for the funding by May 21.