Southwestern Ontario Development Fund — Business project grants

For established businesses in southwestern Ontario planning a major expansion or investment, the Southwestern Ontario Development Fund — Business project grants can play a meaningful role in making large-scale growth more achievable. Designed for companies that are ready to scale, this program supports projects that go beyond day-to-day operations and deliver lasting economic benefits, such as new job creation, productivity improvements, innovation, and access to new markets.

Administered by Ontario’s Ministry of Economic Development, Job Creation and Trade, the fund targets businesses operating or locating in communities across southwestern Ontario, including manufacturing hubs, rural regions, and fast-growing mid-sized centres. Funding is typically tied to significant capital investments and job creation commitments, with support covering a portion of eligible project costs. Depending on the nature of the project, assistance may include a mix of interest-free loans and forgivable contributions, with total funding support reaching into the low millions. This structure makes the program particularly attractive for companies undertaking transformative investments, such as facility expansions, advanced equipment purchases, or large-scale process improvements.

Because the program focuses on projects with clear regional economic impact, it is best suited for businesses with a solid operating history and a clear growth plan. Applications are accepted on an ongoing basis, and project scope, location, and strategic importance all play a role in funding decisions. For companies considering a major investment in southwestern Ontario, exploring the full details can help determine whether this opportunity aligns with your expansion goals.