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Eastern Ontario Development Fund | Government of Ontario

May 21, 2025

Value

Varies

Description

The Eastern Ontario Development Fund provides support for projects and investments to existing businesses, municipalities and not-for-profit organizations for economic development in eastern Ontario.

The types of support available include:

  • funding support
  • complementary services and support

Eligible Applicants

To be eligible, businesses need to:

  • 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 eastern Ontario

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

Eligible Expenses

The objective of the program is to provide financial support and services to help growing companies in eastern Ontario make investments to:

  • grow their businesses
  • improve productivity
  • invest in innovation and skills development
  • pursue new markets
  • generate broad positive regional economic impact
  • create new good, sustainable jobs

Deadline Date

Application submission period: March 19, 2025 – May 21, 2025.

Contact

Contact Name: Regional Advisor | Business Advisory Services

Phone Number: 416-314-8880 | 1-800-361-3223 (toll-free)

E-mail Address: easternregionbas@ontario.ca | eodf@ontario.ca

Website: https://www.ontario.ca/page/eastern-ontario-development-fund

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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