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FedDev Ontario – Business Scale Up and Productivity 

This program supports business efforts to adopt/ adapt new, innovative technologies to help accelerate growth. The program hopes to assist in scale-up or expansion, commercialization of new technologies, adaption or adoption of leading-edge technologies, and market diversification.

What Is FedDev Ontario – Business Scale Up and Productivity ?

The FedDev Ontario – Business Scale-Up and Productivity program, funded by the Federal Economic Development Agency for Southern Ontario, supports businesses in the region by providing financial assistance and resources to enhance their scalability, productivity, and global competitiveness. The program offers various funding streams and initiatives, including support for research and development, technology adoption, market expansion, process improvement, and skills development.

FedDev Ontario – Business Scale Up and Productivity  Overview

The FedDev Ontario – Business Scale-Up and Productivity program is crucial for supporting the growth and competitiveness of businesses in Southern Ontario. It provides financial assistance and resources to help businesses scale up, increase productivity, and compete globally. The program’s impact is significant, fostering economic growth through job creation and contributions to the regional economy.

By supporting research and development, technology adoption, and market expansion, the program drives innovation, enhances productivity, and promotes economic prosperity in Southern Ontario. Furthermore, the program encourages collaboration and knowledge-sharing among businesses, offering advisory services, mentorship, and networking opportunities to enhance competitiveness and growth potential in the region.

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How Much Funding?

From $500,000 to $10M per project

 

WHO QUALIFIES?

– Canadian or provincially incorporated businesses who are legal entities
– Indigenous organizations such as Indigenous-owned businesses
– Co-operatives
– Located in Southern Ontario

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Eligible Activities & Expenditures

– Activities that aim to accelerate the growth of the firm and lead to the adoption and adaption of new, innovative technologies that support scale-up, productivity, development of and entry into new markets to help the business compete globally

  • Labour
  • Expertise
  • Non-capital costs
  • Capital costs

PROGRAM DEADLINE

Ongoing

Get Expert Advice and Support

Our team will review your application and provide funding recommendations within a few weeks. If your project is approved, you’ll receive funding to cover a portion of eligible project costs.

Ready to take your business to the next level? Contact EVAMAX today to learn more and start your application process.

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Let EVAMAX do the rest.

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