Grants for Businesses in Ontario: Current Funding Options to Know in 2026

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Grants for Businesses in Ontario: Current Funding Options to Know in 2026

If you run a business in Ontario, finding the right funding can feel overwhelming. The good news is that Ontario has dozens of active grant and funding programs in 2026, with options for startups, small businesses, manufacturers, agri‑food companies, and Northern Ontario projects. Some programs offer $5,000 for early-stage founders, while others support multi‑million‑dollar expansion projects.

This hub breaks down the most relevant grants for businesses in Ontario and shows where to look first, based on real, current programs.


The Main Grants and Funding Programs for Businesses in Ontario

Start with Ontario’s Live Funding Portals (Always Step One)

Before applying anywhere else, check Ontario’s official listings:

  • Ontario “Available funding opportunities” page
    This is the province’s live list of open and upcoming intakes. Programs open and close throughout the year.

  • Transfer Payment Ontario (TPON)
    Many Ontario grants, including regional and sector‑specific programs, are submitted through TPON.

These two portals help you avoid wasting time on closed programs.


Starter Company Plus (Startups and Small Businesses)

Best for: New businesses and early-stage entrepreneurs

  • Funding: Grants of up to $5,000
  • What’s included:
    • Mandatory business training
    • One‑on‑one mentorship
  • Who can apply:
    • Ontario residents
    • New or expanding small business owners
  • How to apply: Through a local Small Business Enterprise Centre

This is one of the most accessible Ontario small business grants and is often the first program founders qualify for.


Regional Development Program (Eastern & Southwestern Ontario)

Best for: Established businesses planning expansion or job creation

Ontario’s Regional Development Program includes:

  • Eastern Ontario Development Fund (EODF)
  • Southwestern Ontario Development Fund (SWODF)
  • Advanced Manufacturing and Innovation Competitiveness (AMIC)

Key details (EODF example):

  • Funding: Up to $5 million, covering up to 15% of project costs
  • Type: Repayable contribution (not a traditional grant)
  • Eligibility highlights:
    • At least 3 years of operations
    • Minimum 10 employees (5 in rural Ontario)
    • Job creation commitments
    • Significant capital investment

These programs support productivity upgrades, innovation, and export growth.


RAISE: Racialized and Indigenous Supports for Entrepreneurs

Best for: Racialized and Indigenous business owners

  • Funding: $10,000 grant plus business training and coaching
  • Eligibility:
    • Indigenous, Black, or racialized entrepreneurs
    • 1–10 full‑time employees (up to 25 in hospitality)
  • Eligible costs:
    • Marketing
    • Digital tools
    • Business materials
    • Skills development

Ontario confirmed the 2025–26 intake is open.


Digitalization Support for Ontario SMEs

Best for: Businesses investing in digital tools and technology

Ontario’s Digitalization Competence Centre supports SMEs adopting new technologies.

  • Funding: Reported support up to $115,000, depending on the stream
  • Focus areas:
    • Digital transformation
    • Automation
    • Productivity tools

Not every stream is a direct grant, but many include non‑repayable support.

Tools like GrantHub’s eligibility matcher can help you filter programs by province and industry in seconds, which matters here because digital funding streams change often.


FedDev Ontario (Federal Support in Southern Ontario)

Best for: Southern Ontario businesses facing growth or trade challenges

FedDev Ontario delivers federal funding, including the:

  • Regional Tariff Response Initiative (launched August 26, 2025)
  • Part of a 3‑year national initiative

Funding varies by project and is targeted at businesses impacted by trade pressures or seeking market diversification.


Northern Ontario Heritage Fund Corporation (NOHFC)

Best for: Northern Ontario businesses

  • Funding: Mix of grants and loans
  • Supports:
    • Business expansion
    • Job creation
    • Community economic development

NOHFC is a cornerstone funding source for Northern Ontario and runs multiple programs year‑round.


Agri‑Food and Agriculture Businesses

Ontario agri‑food businesses can access funding through the Sustainable Canadian Agricultural Partnership (2023–2028).

  • Recent intake: Feb 17–Mar 17, 2026
  • Focus:
    • Market diversification
    • Trade resiliency
    • Sustainability

SR&ED Tax Incentives (Not a Grant, Still Critical)

If your business does R&D in Canada:

  • SR&ED offers tax deductions and investment tax credits
  • Can refund a portion of eligible R&D costs

While not a grant, SR&ED is often the largest single funding source for innovative Ontario businesses.


Common Mistakes to Avoid

  1. Only searching for “grants”
    Many Ontario programs are repayable contributions or tax credits, which still provide major cash flow support.

  2. Missing regional eligibility rules
    Programs like EODF, SWODF, and NOHFC are strictly location‑based.

  3. Applying too early—or too late
    Some grants require revenue history or job creation commitments.

  4. Ignoring federal programs
    FedDev Ontario and SR&ED often stack with provincial funding.


Frequently Asked Questions

Q: Are there grants for small businesses in Ontario right now?
Yes. Programs like Starter Company Plus and RAISE are active in 2026, with grants ranging from $5,000 to $10,000.

Q: Do Ontario business grants need to be repaid?
Some do, some don’t. Starter Company Plus grants are non‑repayable, while programs like EODF offer repayable contributions.

Q: Can I combine provincial and federal funding?
Often, yes. Many Ontario businesses stack provincial programs with FedDev Ontario or SR&ED support, subject to funding limits.

Q: Are there grants for startups with no revenue?
Options are limited, but Starter Company Plus is designed for early-stage businesses.

Q: How often do Ontario grants open?
Intakes run throughout the year. That’s why checking live portals matters.


Next Steps

Ontario funding changes fast, and eligibility depends on your location, sector, revenue, and growth plans. GrantHub tracks 2,500+ active grant programs across Canada — check which ones match your business profile and see where you actually qualify.

You may also want to explore related guides like Co‑op Student Funding in Ontario, Money From the Ontario Government 2025, and Mitacs Grants to build a complete funding strategy.

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