Funding and Incentives

Accelerates firm growth by supporting adoption/adaptation of innovative technologies, productivity improvements, commercialization, and entry into new markets to compete domestically and globally.

Must be:

• incorporated SME
• Indigenous (First Nation/Métis/Inuit) business or organization

Must have:

• benefits accrue to Northern Ontario
• sustainable business model (normally 2+ years of operations)
• financial/managerial/technical capacity

Must NOT be a retail or service-based business. Smaller startups typically served via RIE, not BSP

Repayable contribution, up to 50% of eligible, supported costs, generally up to $500,000 per project; total gov’t stacking: ≤75% of non‑capital and ≤50% of capital; repayments normally begin ≤1 year after project completion

Delivered by FedNor.

The initiative is intended to enhance the economic vitality of Northern Ontario’s official language minority communities (OLMC) – the Francophone community – and enhance the region’s competitiveness through linguistic duality, by supporting projects designed to achieve the following results:

Entreprises developed

• Small and medium-sized enterprises (SMEs), including co-operatives, are able to grow and become more competitive, spurring trade, tourism and investment in new and existing markets; creating new, diversified products and services; commercializing research and development in products and services; creating jobs and increasing the number of innovative, diversified SMEs.
• SMEs have better access to information and services about federal economic development initiatives meant to increase partnerships and opportunities for economic diversification.

Communities developed

• The economic base of OLMCs is diversified as opportunities arise through increased trade, investment and numbers of SMEs.
• The development of new or improved tools and/or services for planning and sharing of best practices.

The City of Greater Sudbury has adopted the Employment Land Community Improvement Plan (CIP), to support industrial land development and job creation in the community.

Property owners and tenants, provided they have the consent of the owner, can apply to the program.

Eligible projects can receive a Tax Increment Equivalent Grant (TIEG) to offset the increase in property assessment and municipal property tax based on the completed project. The TIEG will subsidize 100 per cent of the municipal portion of the increase in property assessment and municipal property tax. Grants will be available for a three, five, seven or 10-year period based on scoring.

This program may be combined with other incentive programs offered by the City or other levels of government. All applications will be reviewed by Economic Development staff and are subject to City Council approval.

Must be:

• project is within city boundaries
• minimum construction value of $1 million
• eligible for an Industrial or strategic industry building permit

FedNor provides support for youth interns under three funding programs: Regional Economic Growth through Innovation (REGI), Northern Ontario Development Program (NODP) and the Economic Development Initiative (EDI). Please note that some criteria are different under each of the three programs.

Applicants must submit a work plan and mentoring/supervisory arrangement.

Established in 2005, the City of Greater Sudbury’s Arts and Culture Grant Program stimulates the growth and development of this important sector, increases its potential to attract and retain a talented and creative workforce and is an investment in the quality of life for all residents.

The program is administered by the Greater Sudbury Development Corporation (GSDC) which has approved nearly $8 million in funding to over 160 local arts and culture organizations. This investment has led to the employment of more than 200 artists, the hosting of hundreds of festivals and an estimated overall return of $9.41 for every $1 spent!

Must be:

• An arts and culture organization or collective
• Headquarters is located in Greater Sudbury, Ontario

The Greater Sudbury Community Improvement Plan (GSCIP) focuses on several key priority areas: environmental remediation, supporting the creation of more affordable housing, and encouraging development along important corridors of the city. Through a series of financial incentives, the GSCIP aims to help move these projects forward.

First proposed in June 2025 and adopted in July 2025, the GSCIP replaces three earlier Community Improvement Plans, following the recommendations of the July 2024 Municipal Best Practices review. These include:

The Brownfield Strategy and Community Improvement Plan (2011)

The Affordable Housing Community Improvement Plan (2018)

The Strategic Core Areas Community Improvement Plan (2022)

What it funds:

Financial incentive programs are available under the GSCIP to help stimulate development and redevelopment. The available programs are:

• Tax Increment Equivalent Grant Programs (Standard, Affordable Housing, Brownfields, Superstack, Corridor, and Parking Structure)
• Façade Improvement Program
• Housing Accelerator Program
  • Planning Fee Rebate
  • Building Permit Fee Rebate
• Not-for-Profit Additional Dwelling Unit Program
• Professional Study Grant Program
• Brownfields Tax Assistance Program

These programs can be used in conjunction with other incentive programs offered by the City or other levels of government.  The total amount of incentives shall not exceed eligible costs.

Eligibility: Property owners and tenants located with the CIP Areas are eligible to participate.

The Healthy Community Initiative (HCI) Fund supports community based projects and initiatives that advance the City of Greater Sudbury’s strategic goals. HCI has two streams, Capital and Grant. Capital funding may be available for approved community-led projects on City property. Grant funding can assist with events and small scale initiatives or programs.

Funds will be issued to projects that promote community growth and contribute to the quality of life in Greater Sudbury.

Must:

• be within the boundaries of the City of Greater Sudbury
• have a bank account in the name of the applicant
• take place on City-owned land and result in the City owning the capital asset; for example, buildings or structures constructed on City-owned land, purchase and installation of machinery, equipment or playground structures, the extension of utilities to or within a City property, parkland development

Nickel Basin is an incorporated, not-for-profit organization with a mandate to administer a community loan fund in support of small and medium-sized businesses to promote economic growth and diversification that creates and maintains jobs in and around the City of Greater Sudbury.

Supports startup costs, working capital/inventory, innovation, business development, MBOs.

Looking to bring your business idea to life, kick start a new business endeavor, or take charge of an established company? At NADF, we stand ready to support you every step of the way. Our range of financial solutions caters to diverse needs, whether it’s securing funding for innovative ventures, launching a startup, or acquiring an existing enterprise.

Loans

Whether you are looking to access financing to start up your business, grow or expand an existing business, we have your back.

Indigenous Women Entrepreneurs

The Indigenous Women Entrepreneurship (IWE) program in Business Program offers financing and business training for Indigenous women entrepreneurs.

Indigenous Youth Entrepreneurs

The Indigenous Youth Entrepreneurship (IYE) program offers financing and business training for Indigenous youth between 18-39 years of age.

Microloans

Mircoloans are small, short-term loans designed to support the growth of micro-businesses or help entrepreneurs and small businesses overcome financial hurdles.

Winter Road Financing

Communities and businesses that rely on the winter road network to transport supplies and inventory must be proactive and begin moving goods at the onset of the winter road season to remain competitive and reduce inventory and supply costs. At NADF, we provide financing to cash flow these purchases.

Grants

We provide non-repayable grant funding to eligible Indigenous entrepreneurs and businesses in need of funds to achieve their business goals.

The Community Events Program helps organizations that hold events to boost their community’s visibility and promote economic growth in Northern Ontario.

Must be a new or recurring event.

The Film and Television Stream is designed to increase film and television industry jobs and investment and to increase quality, original film and television productions produced in Northern Ontario, while showcasing its culture, geography, stories and talent.

Must be:

• Production company
• Based in Canada

Supports internships for Indigenous persons to strengthen and develop Northern Ontario’s Indigenous workforce.

Businesses: up to 75% of salary+MERCs (max $52,500/yr); 52‑week internships (35h/wk)

Municipalities/Indigenous communities/non‑profits: up to 90% (max $35,000/yr); 52‑week internships (35h/wk)

Must:

• have employee(s)
• be operating for less than 1 year
• intern self-identifies as Indigenous

The Industrial Research Chair (IRC) initiative is designed to establish and enhance research capacity at Northern Ontario universities, colleges, and research institutions. As capacity is developed, Northern Ontario will benefit from research leading to the transformation of Northern Ontario’s key economic sectors which, in turn, will help attract and retain highly qualified personnel.

Must be a Northern Ontario university, college or research institution.

Typically up to 5-year projects.

Up to 50% of eligible costs to a maximum of $1,000,000; eligible: chair salary/benefits, labs/renovations, equipment, materials, publishing.

The Innovation Stream supports the research, development and commercialization of new and innovative technologies in Northern Ontario.

Must be:

• Private-sector business or in partnership with a public sector academic or research institute
• For public-private partnership projects, the private-sector business is the lead applicant and the funding recipient.
• For public-private partnership projects, the partnering academic or research institution must have the relevant expertise and resources required by the private-sector partner to complete the proposed project.

Eligible projects must be applied research & development projects, and demonstration & commercialization of new and innovative technologies.

Cost-share and matching vary per stream.

Supports existing Northern Ontario businesses that are expanding operations and is assessed through competitive intake rounds. Up to 20% grant (max $400k); plus up to 30% loan (max $600k); or loan only up to 50% (max $1M).

Eligible:

• construction, leaseholds and equipment
• ICT
• land servicing
• marketing (≤20% or $75k)
• 3rd‑party training (≤20%)

A funding program by the Northern Ontario Heritage Fund Corporation offering conditional contributions of up to 50% of eligible project costs (maximum of $200,000) to support new businesses or start‑ups launching operations in Northern Ontario. It covers investments in capital construction, equipment, ICT, leasehold improvements, marketing (up to 20% or $75K), and training.

Must be:

• new businesses starting up in Northern Ontario
• must operate full‑time
• owner full‑time
• 15% owner contribution required

Supports businesses that are establishing new operations in Northern Ontario by funding projects that bring economic benefit to the region. It offers a conditional contribution or a mix of grant and term loan based on net economic impact, with funding capped at $5 million, and combined federal‑provincial support limited to 50 % of eligible project costs.

Must be relocating or starting new operations in Northern Ontario.

The Regional Tile Drainage Program is designed to support the agriculture sector in installing tile drainage to increase the amount and improve the quality of arable land in Northern Ontario, resulting in more productive growing seasons and increased crop yields for producers.

Suitable for not‑for‑profit, agricultural, or community organizations acting on behalf of a consortium of producers to develop and manage a regional tile‑drainage installation project.

For eligible municipalities, Indigenous communities, and non-profits, funding is in the form of a conditional contribution which covers up to 90% of an intern’s salary, including the employer’s portion of MERCs, up to $35,000 per year.

For businesses, funding is in the form of a conditional contribution which covers up to 50% of the intern’s salary, including the employer’s portion of MERCs, up to $35,000 per year.

Must have employee(s) and be operating for less than a year.

The NORCAT Innovation Acceleration Program is designed to empower early small and medium-sized enterprises (SMEs) with the funding required to expand their product development and market position. The IAP fund is created specifically to alleviate early start-up founders of the challenges that come with securing funding in Northern Ontario and enables early founders with a foundation of funds to continue prospecting, growing, and promoting their business in the Greater Sudbury innovation ecosystem.

Must be located in Greater Sudbury. Project must NOT be already underway.

• planning/market research
• certifications
• licenses/IP
• trade shows
• sales training
• export market development

Ineligible costs:

• capital/operating costs
• existing wages
• rolling stock

In Northern Ontario and across the world, industries are investing in energy conservation programs and infrastructure to foster and maintain a global competitive advantage.

Must be a production or processing facility that consumes a minimum of 50,000 megawatt hours (MWh) of electricity per year.

Angel Investors Ontario (AIO) is a provincial non‑profit network that convenes and supports more than 18 angel investor groups and over 1,800 accredited individuals across Ontario, facilitating early‑stage investments and mentorship for innovative startups province‑wide. Over $200M invested historically (per AIO profile); multiple hubs across Northern Ontario.

Must be:

• high‑potential ventures seeking equity
• investor readiness

The mission of the NOW program is to stimulate the start-up and growth of women-owned and -led businesses, by increasing access to business development supports, across Northern Ontario.

Support for women‑owned/led businesses in Northern Ontario:

• micro‑funding for professional services
• mentoring/coaching, training
• HR subscription offer
• SME funding for one‑time professional services, mentoring/coaching, training courses

Funds innovation‑oriented organizations to build strong, inclusive regional ecosystems that support Northern Ontario businesses to scale and commercialize.

Applicants typically not‑for‑profits, municipalities, Indigenous communities/organizations in Northern Ontario.

Eligible activities:

• accelerators/incubators
• commercialization services
• clusters
• productivity
• networking/mentorship
• ecosystem capacity for underrepresented groups

Starter Company Plus is an Ontario government program facilitated by the Regional Business Centre to provide entrepreneurs with the resources and knowledge they need to start, purchase or grow their own business. The program provides: training and business skills development to further coach participants in running their own business; advice and mentorship from local business leaders; assistance in writing a comprehensive business plan to better position participants in obtaining financing; and an opportunity for a $5,000 grant to kick off a new or expanding business.

Must be:

• 18 years old or older
• Citizen or permanent resident
• Commit to 35 hrs/week post-funding
• Business must operate in the Greater Sudbury, Espanola and Manitoulin Island area

The Sudbury Community Foundation offers grants to eligible public and nonprofit organizations (such as charities, community groups, schools, and municipal bodies) whose projects primarily benefit residents of Greater Sudbury.

Community Grants are for one‑year projects that benefit Greater Sudbury (heritage, arts/culture, social well‑being, environment, education). Projects should demonstrate local impact, innovation, inclusivity, strong governance and sustainability; past recipients listed for reference.

Must be a registered charity or qualified donees; non‑profits can partner with a charity.

The Sustainable New Agri-Food Products and Productivity (SNAPP) Program is for northern Ontario agriculture and food producers and businesses. SNAPP will provide up to $10,000 at 50% cost-share towards the purchase of equipment and/or materials that will result in the creation of innovative food or agricultural products new to the business; enhance productivity and/or improve efficiency or resource use through innovation in the process or technology to improve products or processes; or reduce ecological impact and carbon footprint through innovation in the process or technology while enhancing profitability. ​

Eligible projects must clearly support business growth by creating new products, improving productivity through innovation, or adopting clean technologies that enhance environmental performance, with applicants required to confirm eligibility through their regional representative before applying.

FedNor is committed to supporting Northern Ontario’s economy by encouraging businesses to become more innovative, productive and competitive. Through its Regional Economic Growth through Innovation program, FedNor can help existing Northern Ontario manufacturers to better plan, prioritize and implement changes that will result in efficiencies, improved quality, productivity, profitability and overall competitiveness. The result is a stronger and more competitive economy in Northern Ontario.

Non‑repayable support (up to 50% to $15,000) for expert operational assessments to improve productivity/quality/efficiency in Northern Ontario manufacturers.

Must be an established manufacturer in Northern Ontario.

Non‑repayable support (up to 50% to $15,000) for expert operational assessments to improve productivity/quality/efficiency in Northern Ontario manufacturers.

FedNor is committed to supporting Northern Ontario’s economy by encouraging businesses to become more innovative, productive and competitive. Through its Regional Economic Growth through Innovation program, FedNor can help existing Northern Ontario manufacturers upgrade and improve capital equipment used in manufacturing processes, including information and communications technology, to improve their competitiveness and productivity.

Repayable contribution to help Northern Ontario manufacturers upgrade/improve capital equipment and implement productivity improvements. Generally, up to 33% of eligible capital costs and up to 50% of eligible non‑capital costs; eligible costs: plant equipment, installation/commissioning, training on equipment, implementation of assessment recommendations (e.g., ICT, lean, robotics).

We have developed a Community Improvement Plan for the Strategic Core Areas which includes grants and loans to reduce the cost of development and redevelopment. This initiative is part of the City’s Nodes and Corridors Strategy.

Rebate of a portion of the municipal tax increment resulting from eligible development/redevelopment in designated areas.

Must be:

• located in Downtown Sudbury
• applicant is a property owner or tenant

Waubetek delivers business financing and economic support services to Aboriginal entrepreneurs and First Nation communities. We offer financial assistance for business start-ups, expansions and business acquisitions. We host workshops on various topics. Waubetek has also developed regional strategies for Aboriginal participation in mining, fisheries, aquaculture and tourism.

Must be an Indigenous majority‑owned business or First Nation community within Waubetek’s NE Ontario service area; application and ancestry confirmation required.

Financing available for start‑ups, expansions, acquisitions.

Waubetek can assist Aboriginal businesses with capital to establish, expand or acquire businesses on or off reserve in North-East Ontario.

Supports capital, working capital, marketing, and business plans; typical limits up to ~ $250,000 depending on stream.

Must be:

• Indigenous majority‑owned business within Waubetek service area
• equity contribution and active full‑time management

Micro‑loan for Indigenous women entrepreneurs to start or expand; mix of repayable and non‑repayable portions with low equity requirements.

Up to $20k–$25k; often ~50–55% repayable and up to ~45–40% non‑repayable; eligible costs include capital, working capital, marketing, and advisory; interest typically prime + 0–4%.

Must be:

• Indigenous (First Nations/Inuit) woman
• 18 years old or older
• 51%+ ownership and active management
• within Waubetek service area

Must have:

• ~5% cash equity
• business plan and cashflow required

The Achievement Incentive Program is a systems-based grant program designed and developed to increase apprenticeship employer participation and the number of apprentice registrations and certified journey persons. The program aims to encourage apprentice training progression, completion and trade certification through milestone payments to eligible sponsors for each new/existing apprentice.

Must be an approved ministry sponsor for apprenticeship/

Must have registered a training agreement under BOSTA act (2021).

The apprenticeship job creation tax credit (AJCTC) is a non-refundable investment tax credit (ITC) equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006. The maximum credit an employer can claim is $2,000 per year for each eligible apprentice. If your business hires an eligible apprentice, you qualify to claim the credit.

Must have a Red Seal in trades.

Must be training new apprentices on programs currently listed as Red Seal Trades.

Up to $350,000 financing for businesses at least 51% owned and led by women, Indigenous, or Black entrepreneurs; affordable financing, no application/annual fees, and option to postpone principal up to 24 months.

Must be:

• business based in Canada
• 51%+ owned and led by women, Indigenous or Black entrepreneurs

Indigenous entrepreneurs face unique challenges, including accessing funding and resources and navigating complex regulatory environments. Acknowledging the histories, cultures, and contributions of all Indigenous peoples in Canada, we offer support to help overcome these obstacles.

Up to $350,000, flexible repayment and tailored support for Indigenous entrepreneurs.

BDC is the bank devoted to Canadian entrepreneurs. We provide financing and advisory services to small and medium-sized businesses at every stage of growth. This includes access to the right tools and resources, such as training, networking, partnerships and more. Experienced as a business owner or not, BDC helps immigrants handle the typical challenges of building a company in Canada.

Must have:

• immigrated to Canada less than three years ago
• Have a permanent resident or protected person status

Business must exist for less than 12 months.

Whether you’re an early-stage business or a growing company, get financing that meets your everyday needs and can help you get your projects off the ground quickly. We also provide affordable loans with flexible payment terms that help you keep cash in your business.

Must be:

• approved by Futurpreneur – BDC will match their loan
• 18 to 39 years old

The Building Communities through Arts and Heritage program was created to help you celebrate your community – both its past and its present. This program increases opportunities for local artists; local artisans; local heritage performers or specialists; and local First Nations, Inuit, and Métis cultural carriers to be involved in their community through festivals, events and projects. It also allows local groups to commemorate their local history and heritage.

The Building Communities through Arts and Heritage program offers funding through three separate components.

The Canada Council for the Arts is proud to be Canada’s public arts funder. The Council contributes to the vibrancy of a creative and diverse arts and literary scene through grants, services, prizes and payments to artists and arts organizations from Canada.

Applicants must have training in their art form.

The Canada Digital Adoption Program (CDAP), by Innovation Science and Economic Development Canada (ISED), helps small and medium-sized enterprises (SMEs) adopt digital technologies.

Grant up to $15,000 for digital plan.

BDC loan up to $100,000 at 0%.

Must be:

• For-profit
• Consumer based
• In person
• Has employee(s)
• Has earned a certain amount in the last calendar year

Our suite of funds is designed to meet the needs of Canadian research institutions and their researchers, across all disciplines from discovery to technology development. We provide funding for Canada’s universities, colleges, not-for-profit research organizations and research hospitals to both acquire research infrastructure and to support the ongoing operation and maintenance of the tools and facilities we fund.

Typically funds up to 40% of eligible infrastructure costs; provinces (e.g., ORF‑RI) often co‑fund up to 40%; remaining 20% from partners/institution.

Must be a university, college or research institution.

Government-backed loans via financial institutions to finance equipment, leaseholds, working capital, intangibles, and real property (with limits).

Max $1.15M (loan + line of credit). Up to $1M term loans; $150k LOC; eligible uses include equipment, leasehold improvements, land/buildings, intangibles, working capital.

Must have less than $10M in annual revenues.

Farming businesses are not eligible.

Canada Summer Jobs (CSJ) provides wage subsidies to support employers to create quality summer work experiences for youth aged 15 to 30 years.

Must have 50 or fewer full-time employees.

• train existing employees to upgrade their skills
• train new hires, whether currently employed elsewhere or unemployed

Canada’s Tech Network’s Soft Landing: Scale From Home program offers qualified tech-driven startups and scale-ups exposure to digital business opportunities by offering $4,000 CAD in reimbursable marketing and sales expenses. Accepted companies can use funds to help offset the costs of projects related to net-new sales, business development and digital marketing activities.

Must be:

• Canadian tech-driven company
• Headquarters is located in Canada
• Use own intellectual property
• Sell a product
• In person
• Has employee(s)
• Has earned a certain amount in the last calendar year
• $2.5k–$3M revenue over the past 12 months

The Canadian Women’s Foundation offers structured grant programs for non-profit organizations in Canada that support women, girls, Two-Spirit, trans, and non-binary individuals facing multiple barriers. These grants include multi-year funding for economic development, youth empowerment, violence prevention, and organizational readiness, with application cycles varying (e.g. every 4–5 years for some streams).

Priority areas include justice, leadership, SRHR, and gender‑based violence.

Must be:

• programming for women
• registered charity/qualified donee (or partnered with one)
• national women’s organization with impact across WAGE regions
• operates in both official languages unless representing Indigenous or official language minority communities
• focus on gender equality/social impact

Funds food projects that are driven by individuals or groups who are facing systemic barriers and/or lacking funds from other resources to complete projects that improve or create change within the local food system in Ontario.

Applicants must be from farms that produce food.

You do not need to be a legal entity to apply. Applicants from a community that faces systemic barriers, e.g. Black, Indigenous, People of Colour, people with disabilities, 2SLGBTQ+, remote communities, etc will be prioritized.

• Taking place in Ontario
• Open to the public at large without membership in a club or group

The Co-operative education tax credit helps encourage Ontario businesses to provide experiential learning opportunities and hands-on job experience to post-secondary students through co-op work placements. The 25-30% refundable tax credit is available to Ontario businesses that hire students enrolled in a post-secondary co-operative education program. The maximum credit for each work placement is $3,000.

Must be a co-operative education or leading edge technology programs.

The Co-operative education tax credit helps encourage Ontario businesses to provide experiential learning opportunities and hands-on job experience to post-secondary students through co-op work placements. The 25-30% refundable tax credit is available to Ontario businesses that hire students enrolled in a post-secondary co-operative education program. The maximum credit for each work placement is $3,000.

The student is paid for the work performed during the work placement.cApplicants must be approved by an educational institution.

The work placement is either:

• at least 10 consecutive weeks for qualifying co‑operative education programs other than an internship program, or
• not less than eight consecutive months but no more than sixteen consecutive months for a qualifying internship program,

Members of a partnership (other than a limited partner) may share the credit for each qualifying work placement.

Funded by Women and Gender Equality (WAGE) Canada and delivered by Fierté Canada Pride, the Community Safety Fund supports 2SLGBTQIA+ organizers facing rising safety-related costs due to increased hate. Grants are distributed to help make public events safer and more accessible through infrastructure, training, and personnel support.

Must be organized by 2SLGBTQIA+ individuals or groups.

Must address safety costs.

Crowdfunding platforms like Kickstarter or GoFundMe let you raise money by collecting small contributions from a large number of people. It’s a great way to validate your idea, build a community, and access funds without taking on debt or giving up equity.

Non-repayable funding (up to $20,000) for projects that grow businesses. Supports innovation, digital transformation, HR initiatives, energy-efficient equipment, market/supplier development.

If you’re a young entrepreneur, this program can help you get a line of credit to help build your credit history as you start your business.

Typical offer: line of credit up to ~$15,000 (can increase with good behaviour) and a grant of up to ~$5,000; prime + 0.5% indicative rate; business credit card option.

Must:

• have a Desjardins bank account with limited access to traditional financing
• be 18 to 39 years old

Whether you’re starting a new farm or taking control of an existing one, we have specialized solutions to help you reach your goals.

Applicants must be under 40-years-old. Must be new farm or taking over an existing farm.

Discover our different borrowing options to help you grow your business and keep it running smoothly. Suite of business financing: operating lines, bridge financing, revolving credit, term loans, commercial mortgages, Accord D Business, etc.

Must have a Desjardins bank account.

Flexible terms; options for cash flow, equipment, renovations, real estate.

• Residential, industrial, retail and hotel properties
• Senior and student residences
• Multi-phase developments
• Mixed-use properties
• Residential rental properties insured by the CMHC (Canadian Mortgage and Housing Corporation)
• Large-scale multi-residential properties (250 to 400 units)

Must have a Desjardins bank account.

This funding type is a commercial mortgage. Amortization based on useful life; fixed/variable rates; flexible repayment.

If you’re an employer who provides your employees with a short-term disability plan and your plan meets certain requirements (set by HRSDC), you may be entitled to pay your Employment Insurance (EI) premiums at a rate that’s lower than the standard employer rate of 1.4 times the employees’ EI premiums.

Short-term disability plans registered with the Premium Reduction Program may have an elimination period before the payment of benefits, similar to the EI waiting period.

The Enabling Accessibility Fund (EAF) provides funding for projects that make Canadian communities and workplaces more accessible for persons with disabilities.

These are grants to improve accessibility in Canadian workplaces and communities, with a focus on removing barriers and supporting employment for persons with disabilities (including Indigenous workplaces/communities). Projects can fund accessible construction/renovation/retrofits, accessibility ICT, and equipment; calls for proposals specify $ amounts and timelines.

Eligible applicants include not‑for‑profits, for‑profits (≤99 FTE), municipalities under population thresholds, Indigenous organizations, territorial governments.

Incentives and technical support for Ontario greenhouses to improve natural gas energy efficiency (equipment upgrades and operational improvements).

Supports energy‑efficient equipment and solutions; sector‑specific guidance and incentives vary by project.

The Ministry of Tourism, Culture and Gaming (MTCG) supports Ontario’s economy and reputation as a top destination by growing tourism and attracting investment and investing in festivals and events across the province. The Ministry of Tourism, Culture and Gaming (MTCG) supports destination and product development and investment in Ontario’s tourism industry.

The Experience Ontario program provides support for festivals and events with a tourism economic impact to motivate visitors to discover Ontario, connect people with local experiences, and increase tourism spending.

Financing and insurance solutions will support Canadian companies in managing risk and seizing new global opportunities. EDC offers financing, credit insurance, bonding, and market intelligence but not grants.

Must have plans for international growth.

The Export Guarantee Program provides guarantees of up to US$25 million to your financial institution so they can extend your access to working capital.

This funding stream is best suited for complex export finance structures, including multiple operating lines, foreign assets or acquisitions, cash flow loans or multiple borrowers.

The Francophone Community Grants Program (FCGP) plays a central role in strengthening the development of the Franco-Ontarian community by supporting non-profit organizations, social enterprises and businesses that deliver French-language services or serve Francophone markets.

The FCGP supports projects that aim to:

• strengthen the capacity of organizations and/or businesses to provide products and services to Francophones in the province
• promote the recruitment and/or training of bilingual Francophone staff
• provide opportunities to celebrate and foster understanding of Ontario’s Francophonie

The program has two funding streams:

• Community and Culture
• Economic Development

Projects funded under the Francophone Community Grants Program cannot receive financing in the same year from:

• other Ontario Ministry of Francophone Affairs programs
• programs offered by the Secrétariat du Québec aux relations canadiennes

Our Core Startup Program provides loan financing and up to two years of mentorship, with added access to tools and networking opportunities across Canada.

Up to $75,000 total (Futurpreneur + BDC); mentorship for up to two years; national network and planning tools.

Eligible applicants must be 18-39 years old.

Collateral‑free loan to launch or grow a side business while keeping full‑time income, with mentorship and resources. This Side Hustle Program offers up to $25,000 in financing. You can also benefit from mentoring and business planning tools to help you grow your side hustle and take it to the next level.

Up to $25,000 loan plus up to two years mentoring, national resources and workshops.

Applicants must be ages 18-39.

Side business remains secondary income for at least 12 months.

Startup financing up to $75,000 (with BDC) plus mentorship and tailored supports for Black entrepreneurs aged 18–39; follow‑on financing available.

Startup financing up to $75,000 with mentorship and Indigenous‑led support; available on‑reserve; tools and workshops tailored for Indigenous founders.

Evergreen investment fund providing capital to Indigenous Financial Institutions (IFIs) to on‑lend to Indigenous businesses.

Businesses apply via IFIs, not directly to IGF. Fund augments IFI capacity to provide more/larger loans to Indigenous businesses.

MaRS Investment Accelerator Fund (IAF) has grown into one of Canada’s most active early-stage venture capital funds. With a deep commitment to Ontario’s innovation ecosystem, MaRS IAF is a multi-sector fund, providing the capital, mentorship and networks needed to build global transformative companies.

Must be located in Ontario.

Focus areas include AI, digital health, climate and deep tech.

Mitacs Accelerate creates dynamic collaborations that partner for-profit and not-for-profit organizations with Canada’s brightest academic minds. This research award provides leveraged funding of $15,000 CAD per four- or six-month internship, where interns will work collaboratively with their academic supervisor and partner organization on a research project. Partners contribute ≥$7,500 cash; flexible multi‑unit projects.

Must be an academic supervisor or partner organization (for-profit or eligible not-for-profit).

Helping Ontario innovators get connected with the researchers, industry partners and funding needed to commercialize the next generation of made-in-Ontario IP and solutions.

Key programs: Collaborate 2 Commercialize, Digitalization Competence Centre, OVIN, Life Sciences Innovation Fund, Ready 4 Market.

Must have an Ontario presence and partner with academics.

Ontario Creates is an agency of the provincial government whose mandate is to be a catalyst for economic development, investment and collaboration in Ontario’s creative industries including the music, book, magazine, film, television and interactive digital media sectors, both domestically and internationally.

Their funding streams are for those looking to produce media (book, film, music, interactive, etc.)

• Based in Ontario
• A pre-existing event

Repayment of a portion of the investment is required, based upon the size of the applicant’s operating budget and the project’s earned revenues.

The Employment and Training Start-Up Benefit (ESUB) is available to eligible members of the benefit unit to assist them with expenses approved by the Director and reasonably necessary to begin, change or maintain employment, begin, change or maintain an Ontario Works employment assistance activity, or begin, change or maintain an activity approved by the Director that will assist the person to become and stay employed.

Typically funds up to 40% of eligible infrastructure costs; provinces (e.g., ORF‑RI) often co‑fund up to 40%; remaining 20% from partners/institution.

Qualifying corporations can claim a refundable tax credit for qualified expenditures on scientific research and experimental development performed in Ontario.

How much you can receive:

• Based on an expenditure limit of $3 million:
  • for taxation years that commence after May 31, 2016, the maximum tax credit amount is $240,000
  • the maximum tax credit amount is prorated for taxation years straddling June 1, 2016
  • for taxation years that end before June 1, 2016, the maximum tax credit amount is $300,000
• The expenditure limit is gradually reduced if:
  • federal taxable income of the prior tax year exceeds $500,000 and is totally eliminated at $800,000
  • the prior year’s taxable capital exceeds $25 million and is totally eliminated at $50 million

Associated corporations must share the expenditure limit. The limit is also reduced for a short tax year based on the number of days in the tax year, in proportion to 365.

Must:

• have a permanent establishment in Ontario
• carry out scientific research and experimental development in Ontario during the year
• be eligible to claim the federal investment tax credit under section 127 of the federal Income Tax Act (Canada)
• be not exempt from corporation income tax
• have filed a scientific research and experimental development expenditures claim on federal form T661 for the tax year

The Ontario Research Fund – Research Infrastructure provides research institutions with funding to help support infrastructure needs, such as modern facilities and equipment.

This stream pairs with the Canada Foundation for Innovation (CFI) to support research infrastructure.

Both the Ontario government and the CFI provide funding. You need to apply to both programs at the same time.

Must be a university, college or research institution.

Province contributes up to 40% to match CFI’s up to 40%; remaining 20% from partners/institution.

The Ontario Sport Hosting Program provides project-based funding to help applicants deliver national and international amateur sport events in Ontario.

The province provides an annual investment of $3 million and has supported 230 events since 2018.

The program:

• provides funding for a variety of winter and summer sports
• helps to create a culture that values sport and contributes to athlete development
• encourages the development of legacies for amateur sport and local communities
• boosts local economies through sport tourism

Must:

• take place in Ontario
• be open to the public at large to spectate without membership in a club or group
• occur at most once a year

Ineligible Events:

• applicant is for-profit and/or is not listed as an eligible applicant
• events that charity in nature including activity that has a solicitation of present or future donations of cash and non-cash gifts, or the sale of goods or services to raise funds, whether explicit or implied
• events where the Government of Ontario is being asked to assume or underwrite any contingent or other liability such as a deficit or revenue and rights fee guarantees

The Ontario Trillium Foundation offers three main types of community investment grants—Seed, Grow, and Capital—that support nonprofit and Indigenous organizations as well as small municipalities in delivering programs that directly benefit Ontarians.

Seed grants help build capacity or pilot new initiatives ($10,000–$100,000).

Grow grants fund proven programs over 2–3 years ($100,000–$600,000).

Capital grants finance facility upgrades or equipment purchases to improve community spaces ($10,000–$200,000).

Women’s Enterprise Organizations of Canada is proud to deliver the WEOC National Loan Program, which will support women and non-binary entrepreneurs as they start, scale, grow and maintain their businesses.

Loans up to $50,000 for women and non‑binary entrepreneurs; wrap‑around advisory support via PARO (Ontario loan partner). Uses include equipment, leasehold improvements, working capital, inventory, professional services, digital/marketing, employee training; interest typically ≤ Prime + 4%; 1% admin fee.

Whether you need a small amount to attend an event or trade show, this is a character‑based low‑interest loan (up to $10,000) plus mentorship for entrepreneurs who’ve experienced mental health and/or addiction challenges.

Average initial loan: ~ $4,000

Typical term: ~ 3 years

Must have:

• experienced mental health and/or addiction challenges
• unable to access traditional bank financing
• Canadian citizen or permanent resident
• Not in bankruptcy
• Not in arrears with child support/taxes

The Rural Ontario Development (ROD) Program replaces the Rural Economic Development (RED) Program. We modernized and expanded the program to offer $20 million in funding over 2 years. This program supports the objectives of Enabling Opportunity: Ontario’s Rural Economic Development Strategy.

Applicants must be operating within an eligible rural area of Ontario.

Eligible interns are hired directly by eligible employers that receive Science Horizons funding.

Program funding is aimed at eligible employers in the environmental sciences, technology, engineering and mathematics sectors. Both employers and interns participate in the application process.

Post-Secondary Students are crucial for the Environmental Workforce to continue to grow into the future. ECO Canada’s Student Work Placement Program helps both students and employers find the right match and the support they need through wage assistance.

Must NOT be:

• Municipality
• Government
• Post-secondary institutions

Funding will cover full-time or part-time placements as long as the term is 6 to 16 weeks long and the student reaches a minimum of 180 hours.

Established with the goal to accelerate the growth of scalable tech start-ups, the Sudbury Catalyst Fund brings together a variety of partners and angel investors eager to build Northern Ontario’s entrepreneurial ecosystem by investing in and supporting a diversified portfolio of high-growth companies.

Must:

• have a local presence/impact
• be located in Greater Sudbury
• have qualified investment interest from angel investors.

Targets pre‑seed/seed deals; leverages NORCAT innovation ecosystem and investor networks.

Take your summer job to the next level and transform your skills and passion into a thriving business! Summer Company is an Ontario government program facilitated by the Regional Business Centre and offered to students in Greater Sudbury and the surrounding areas.

Program includes business training, mentorship and startup grant (amounts set by program year) to operate during summer months.

Must be:

• currently a student
• returning to school in the fall
• 18 to 29 years old

Sustainable CAP is a new $3.5-billion, 5-year agreement (April 1, 2023 to March 31, 2028), between the federal, provincial and territorial governments to strengthen the competitiveness, innovation, and resiliency of the agriculture, agri‐food and agri‐based products sector.

This funding framework supports farmers, agri‑businesses, and organizations with grants and cost‑shared programs to boost sustainability, innovation, competitiveness, and resilience in Canada’s agriculture sector.

The Talent Opportunities Program (TOP) is an initiative of the Ontario Chamber of Commerce designed to help employers located anywhere in Canada hire college and university students on WIL placements. Employers hiring eligible post-secondary students may receive a wage subsidy up to 50% of the wages (to a maximum of $5,000) for each ‘net new’ placement or 70% of the wages (to a maximum of $7,000) for each ‘net new’ placement for the following underrepresented groups: Indigenous people, people with disabilities, newcomers to Canada, first-year students, visible minorities and/or women in STEM.

Must be committed to paying the post-secondary student in full for the duration of the placement (the wage subsidy will be administered after receiving all supporting information and documents, including pay stubs, at the end of the placement term).

As part of the Government of Canada’s Student Work Placement Program (SWPP), TECHNATION’s wage subsidy program, Career Ready supports businesses by financing their decision to hire a student for a work-term placement. This, in turn, creates a rewarding opportunity for the students to apply their learning in real-world settings and puts them on a path to a bright career.

Priority will be given to:

• those hiring students from underrepresented communities
• tech immersive roles that are within high-growth sectors. Domestic students must be registered in an accredited Canadian post-secondary institution and must work in a role that is tech immersive.

If you operate an innovative small or medium-sized business in Canada, we can help you build your innovation capacity and take your ideas to market. We do this through financial assistance, advisory services and connections to the best business and R&D expertise in Canada.

Must be a Canadian SME pursuing technology development/adoption with capacity to commercialize; must engage with an ITA.

This stream supports salaries and contractor costs for eligible R&D; also offers youth employment and advisory services; rolling intakes through ITA network.

The program provides funding for projects delivered by third-party organizations in communities across Canada. These projects provide persons with disabilities with skills training, self-employment activities, job placements, and a range of other employment and wrap-around supports.

ESDC contribution funding that improves employment outcomes for persons with disabilities through skills training, wage subsidies/work experience, self‑employment supports, and employer inclusion/awareness activities.

Must be a non-commercial business and hiring a person with a disability.

Applicants are typically non‑profits/public sector/Indigenous organizations; activities must align with program streams.

The Trade Expansion Lending Program (TELP) is a guarantee that helps you access more working capital from your financial institution. EDC shares the risk with your lender by guaranteeing part of your loan or line of credit, allowing them to offer the credit conditions you need to grow.

TELP is typically the fastest and easiest way for EDC to help increase your access to working capital. With a guarantee like TELP in place, your financial institution can offer you a larger loan or line of credit to help your business enter new markets faster, take on new contracts, invest in machinery, equipment and other resources.

The agreement provides income support to employees eligible for Employment Insurance benefits who work a temporarily reduced work week while their employer recovers. All employees participating in the agreement must experience a minimum 10% reduction to their normal weekly earnings to comply with the terms of the agreement.

Must have a reduction in normal business activity that is beyond the control of the employer.

Municipalities and government agencies are not eligible.

Young Canada Works (YCW) offers young Canadians the opportunity to develop skills and gain experience in the workplace.

Through job and internship programs, students and graduates can put their skills to the test, build career equity, earn an income and get started on the right career path. The YCW program creates approximately 2,300 job opportunities per year in the fields of heritage, arts, culture and official languages.

The Youth Take Charge Program provides funding for projects that aim to strengthen youth attachment to Canada through engagement. Under this program, youth is defined as individuals aged 7 to 30.

The Program supports youth-led projects that include activities in 1 or more of 4 thematic areas:

• arts and culture
• civic engagement and youth service
• economic activities
• history and heritage