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Funding Alert: Grants to Support Innovation, R&D, Job Creation and Expansion

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Funding Alerts
November 15, 2021

Up to $500,000 in Grants to Support Ontario's Economic Development

Innovation, R&D, Job Creation and Expansion

As your trusted grant advisor, our teams continue to closely monitor all funding announcements in order to bring you the latest news.

We’ve got funding new for Ontario businesses!

There are highly lucrative grant programs for South Western and Eastern Ontario businesses, municipalities, and not-for-profit organizations that support economic development activities within these regions. These programs attract large-scale projects that have a significant impact on business productivity and create new employment opportunities. Through the programs, successful applicants will receive grants or a combination of grants and repayable funding (government loans) to offset project costs.

Eligible Activities

These programs support businesses and community economic development projects which:

  • Create jobs and attract talent.
  • Attract and encourage private sector investments.
  • Lead to business growth and broad positive economic impacts.
  • Encourage innovation, collaboration, and cluster development.

Eligible Applicants

In order to be eligible to receive funding from this program, companies need to be aligned with the following criteria:

For Applicants located in Eastern Ontario:

  • Must employ at least 10 people.
  • Must commit to creating at least 10 new jobs.
  • Must be able to provide at least 3 years of operations and/or financial statements.
  • Must be located in, or plan to locate to a community in Eastern Ontario.
  • Must be investing at least $500,000 in their project.

For Applicants located in South-Western Ontario:

  • Must employ at least 10 people (or 5 if you are in rural Ontario).
  • Must commit to creating at least 5 new jobs. (or 30% increase for companies with fewer than 15 employees).
  • Must be located in, or plan to locate to a community in South-Western Ontario.
  • Must be able to provide at least 3 years of operations and/or financial statements.
  • Must be investing at least $500,000 in their project (or $200,000 if you are in rural Ontario)

Considering applying for funding? Don’t wait! The intake periods are only open for a few weeks and are highly competitive. Applications need to be submitted as soon as possible. Contact us today to get started!


Why Ayming?

Our team of experts will take the time to understand your current and future planned projects. We will then align these initiatives to the program in order to provide you with the highest ROI and the highest chance of approval.

  • We have extensive experience working with Canadian agri-food / dairy/ meat/ cheese/ grain processors and producers and have the expertise to properly position and maximize your application to secure your business funding.
  • We are the first Canadian company to establish a national grants practice.
  • Our proprietary artificial intelligence (AI) driven database of grants provides live access to thousands of programs, including a custom snapshot of all federal and provincial grants currently available to each company specifically.
  • Our highly experienced delivery teams boast over 50 + years of combined grants experience and over 200+ years of combined SR&ED experience, meaning you partner with true subject matter experts who are invested in your success.
  • No risk success-fee remuneration.

Contact us today!

One of our experts will be in touch shortly.
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