business development bank of canada (bdc)
Tel: 1-877-232-2269 (toll free) Web: www.bdc.ca
The BDC is a crown corporation financial institution that provides financing, consulting and venture capital for small and medium-sized enterprises. Services include long-term financing, working capital, refinancing, change of ownership, patent capital and venture capital.
canada small business financing (csbf)
Under this program, the Government of Canada makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. The CSBF program promotes the availability of loans for establishing, expanding, modernizing and improving small businesses through Canadian financial institutions. Small businesses or start-ups operating for profit in Canada, with gross annual revenues of $10 million or less are eligible to receive a maximum of $1,000,000 for any one borrower, of which no more than $350,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment.
farm credit canada
As Canada’s leading agriculture lender, FCC is advancing the business of agriculture. With a healthy portfolio of more than $22 billion and 19 consecutive years of portfolio growth, FCC is strong and stable – committed to serving the industry through all cycles. FCC provides financing, insurance, software, learning programs and other business services to producers, agribusinesses and agri-food operations. FCC employees are passionate about agriculture and committed to the success of customers and the industry.
Ontario government grants
Find out what funding is currently available from the Government of Ontario, if you’re eligible and what you need to apply. You can apply for funding from the Government of Ontario through Transfer Payment Ontario.
libro Grants, sponsorships & partnerships
Libro invests 100% of profits back into the people, businesses and communities they serve. One of the ways they do this is by supporting organizations that are making a positive local impact helping address some of the most challenging issues in southwestern Ontario: Employment, Financial Resilience, Local Food Accessibility and Housing.
Soft Landing: scale from home
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.
southern ontario fund for investment in innovations (sofii)
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.
southwestern ontario angel group
The Southwestern Ontario Angel Group (SWOAG) is a not-for-profit corporation based in London, Ontario.
SWOAG is made up of a group of professional investors whose purpose is to:
- Support economic development in London and the Southwestern Ontario region
- Foster an entrepreneurial spirit
- Identify and act on investment opportunities
- Promote investor best practices
The Southwestern Ontario Angel Group will be able to connect more angel investors with promising new start-up businesses in the southwestern Ontario region, thanks to a $100,000 Government of Canada investment.
southwestern ontario development fund
The Southwestern Ontario Development Fund supports regional economic development by creating jobs, attracting private sector investment and promoting innovation, collaboration and cluster development in Southwestern Ontario.
The fund is a discretionary, non-entitlement program with limited funding. There are two funding streams, one for established businesses and a regional stream for economic development organisations including municipalities.
Under the business stream, the fund may provide up to 15% of eligible project costs to a maximum grant of $1.5 million. For project investments of $10+ million that create 50+ jobs, funding may be available in the form of a secured repayable loan, to a maximum of $5 million in provincial support.
Under the regional stream, the fund may provide up to 50% of eligible project costs to a maximum grant of $1.5 million.
Stacking with other provincial programs is not permitted under either funding streams.
Check the website for information on eligibility and application process
sustainable development technology canada tech fund
Sustainable Development Technology Canada (SDTC) funds projects that support Canadian small- and medium-sized enterprises (SMEs) advancing
innovative technologies that are pre-commercial and have the potential to demonstrate significant and quantifiable environmental and economic benefits.
Successful applicants typically receive an average 33% (up to 40%) of eligible projects costs.
feddev southern ontario funding
Web: http://feddev-ontario.canada.ca/ *launching March 13th, 2023*
FedDev Ontario works to create opportunities for economic growth in southern Ontario by helping businesses become more competitive, innovative and productive. Our Agency also works with southern Ontario communities to develop and diversify local economies. Find out how we can help you below or contact us for assistance.
business scale-up productivity (feddev)
Funding under this stream from FedDev Ontario helps to accelerate the growth of firms and assist with the adoption of new, innovative technologies that support scale-up, productivity, and the development of and entry into new markets to help companies become globally competitive.
Community economic development and diversification (feddev)
Funding under this stream aims to generate sustainable, inclusive growth and help small and rural communities in southern Ontario to fully participate in, and benefit from economic opportunities.
Regional Innovation Ecosystem (feddev)
Funding under this stream helps to create, grow and develop strong and inclusive regional networks that support business growth and innovation, as well as the entrepreneurial environment necessary for more innovative regional economies.
Technology Investment Program
CME’s Technology Investment Program aims to help SME southern Ontario manufacturers automate production, reduce their environmental footprint and increase their competitiveness in the global market.
The program provides direct financial assistance to SME manufacturers in southern Ontario in the form of a matching contribution of up to $50,000 (a maximum of 50% of eligible costs, which can include capital equipment, materials, training on new equipment, installation of new equipment, professional service fees, as well as a company’s direct labour devoted to the completion and management of the project) to support the investment in long-term production assets and technology that increase capacity and reduce emissions on production. Technologies may include: robotics; artificial intelligence and other machine learning applications; and advanced networks and the Internet of Things. Please note: investments in ERP systems and general training are not covered under this program.
Investments beginning April 1, 2022 (retroactive projects), in long-term production assets and technology may be eligible for funding. Implementation of the long-term production assets and technology must be completed by December 31, 2023.