Government Program Ongoing

Economic Development Initiative

Offered by Federal Economic Development Agency for Southern Ontario

Ontario

Program Overview

For organizations supporting Francophone economic growth in southern Ontario, access to flexible, non-repayable funding can make a meaningful difference in launching new initiatives or expanding services. The Economic Development Initiative, delivered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), is designed to strengthen the economic vitality of official language minority communities by backing projects that respond to regional needs and long-term opportunities.

Through this initiative, incorporated Francophone and bilingual not-for-profit organizations can receive significant contribution funding to support activities such as business development programs, innovation and technology adoption, workforce training, and community economic planning. Projects often focus on helping small and medium-sized businesses grow, diversify, or become more competitive, particularly in areas like manufacturing, information technology, tourism, clean technology, and the social economy. Funding levels vary by project, but support can reach up to around $500,000 per year, typically covering a substantial portion of eligible costs while requiring organizations to contribute the remainder through cash or in-kind support.

The Economic Development Initiative is currently accepting applications and places an emphasis on new or expanded activities that go beyond day-to-day operations. For organizations working to strengthen Francophone economies in southern Ontario, understanding how this program aligns with your goals is a valuable next step worth exploring in more detail.

Who Can Apply

Eligible Canadian businesses

Available in: Ontario

Full eligibility requirements — including industry criteria, revenue thresholds, and documentation needed — are available to GrantHub members.

How Much Funding

Funding Amount
Varies by project
Repayment
Non-repayable

Exact funding amounts, coverage percentages, and application details are available after signing in to GrantHub.

Frequently Asked Questions

How do I apply for Economic Development Initiative?
Sign up for GrantHub to access the full application details and direct link for Economic Development Initiative. Our platform walks you through eligibility requirements and helps you prepare your application.
What is the deadline for Economic Development Initiative?
Economic Development Initiative is currently ongoing. Sign in to GrantHub for exact dates and deadline alerts so you never miss a window.
Am I eligible for Economic Development Initiative?
Economic Development Initiative is available to eligible businesses in Ontario. Sign in to GrantHub to check your specific eligibility based on your business profile.
How much funding does Economic Development Initiative provide?
Economic Development Initiative offers Varies by project in non-repayable funding. Sign in to see exact amounts and coverage details for your project.

Quick Facts

Provider
Federal Economic Development Agency for Southern Ontario
Funding
Varies by project
Status
Ongoing
Repayment
Non-repayable

Check if You Qualify

Answer 3 quick questions to see if Economic Development Initiative matches your business.

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Data sourced from

Official Canadian Programs

Innovation Canada, NRC, CRA, BDC & provincial agencies

Canada Proactive Disclosure Data

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