Eastern Ontario Development Fund

This program offers support to businesses and community economic development projects for economic development in Eastern Ontario.

How Much Funding?

Businesses: Up to 15% of eligible project costs.
Loans: Maximum of $5M
Grants: Maximum of $500,000 for organizations with fewer then 100 employees. Maximum of $1.5M for strategic projects that are foreign direct investments or from companies competing against other jurisdictions.
Community economic development projects:
- Up to 50% with maximum of $1.5M

Who Qualifies?

Eastern Ontario
- Businesses operating at least three years with at least ten employees (five if rural Ontario)
- Community economic development projects focus on business and economic development

Eligible Activities & Expenditures

This program supports project related costs that:

Program Deadline

Next period deadline is September 10, 2021

Why EVAMAX?

96%+

Approval Rate

75%

Time Saved

33%

Fee Saved