Ontario Business Grants for New Businesses (What’s Actually Available in 2026)

By GrantHub Research Team · · Lire en français

Ontario Business Grants for New Businesses (What’s Actually Available in 2026)

If you’re starting a new business in Ontario, finding grants can feel frustrating. That’s because most Ontario and federal funding is designed for existing or scaling companies, not brand‑new startups. As of March 6, 2026, only a short list of Ontario business grants for new businesses are truly meant for founders at the idea or early launch stage.

This hub page breaks down the real programs to check first, who they’re for, how much funding is available, and what to do if you don’t qualify yet.


Ontario Business Grants New Businesses Can Apply for Right Now

Below are the main Ontario programs that explicitly support new businesses, not just established firms.

Starter Company Plus (Ontario)

Best for: Adult founders starting their first business
Funding: Up to $5,000 (non-repayable grant)
Who can apply:

  • 18 years or older
  • Ontario resident
  • Canadian citizen or permanent resident
  • Not in full-time school
  • Starting or recently started a small business

What you get:

  • Business training and workshops
  • One-on-one mentoring
  • A grant of up to $5,000 to help with start-up costs

Delivery is handled by local Small Business Enterprise Centres across Ontario. Intake periods vary by region, and many centres run limited cohorts each year, so timing matters.

This is one of the most reliable Ontario business grants for new businesses because it’s designed specifically for first-time founders.


Summer Company (Ontario Students)

Best for: Students launching a summer business
Funding: Up to $3,000
Who can apply:

  • Ages 15–29
  • Ontario resident
  • Canadian citizen or permanent resident
  • High school, college, or university student
  • Planning to return to school after the summer

How it works:

  • $1,500 to start your business
  • Up to $1,500 after completing the program milestones
  • Mentorship and local business support

The business must operate during the summer months, and you can’t already be running a business or working more than 12 hours a week elsewhere.

For younger founders, this is often the only direct grant available at the very beginning.


NOHFC Invest North – Launch (Northern Ontario Only)

Best for: New businesses in Northern Ontario
Region: Northern Ontario communities
Focus: Launching new or early-stage businesses

This stream under the Northern Ontario Heritage Fund Corporation (NOHFC) is designed to support business launches that contribute to local economic development. Eligible projects typically include new operations, equipment purchases, and early commercialization costs.

Funding amounts vary by project and community priorities, and applications are assessed regionally.

If your business is located north of Parry Sound, this is a must-check program.


Important Reality Check for New Ontario Businesses

Many founders search for programs like:

  • Eastern Ontario Development Fund (EODF)
  • Southwestern Ontario Development Fund (SWODF)
  • FedDev Ontario productivity or scale-up funding

These programs usually require existing revenue, employees, or years of operation. They are not designed for brand-new startups.

That’s why most new businesses in Ontario start with:

  • Small grants ($3,000–$5,000)
  • Training + mentorship programs
  • Loans, microloans, or personal financing

Tools like GrantHub’s eligibility matcher can help you quickly filter Ontario programs by business stage, region, and founder profile.


Where to Find Currently Open Ontario Funding

Because grant intakes open and close throughout the year, always check live listings:

  • Transfer Payment Ontario – Available Funding Opportunities
    Official Ontario portal showing programs that are actively accepting applications.

  • Business Benefits Finder (Federal)
    A tailored federal tool that includes grants, loans, wage subsidies, and advisory programs.

Many Ontario business grants for new businesses are time-limited, so checking these sources monthly matters.


Common Mistakes to Avoid

  1. Applying to scale-up grants too early
    Programs like FedDev Ontario often require revenue history or staff. Applying too soon wastes time.

  2. Missing local delivery partners
    Programs like Starter Company Plus are run locally. Deadlines and requirements differ by city.

  3. Assuming all funding is cash grants
    Many early-stage programs combine training, mentorship, and small grants rather than large cheques.

  4. Waiting until incorporation
    Some programs allow you to apply before registering your business, as long as you plan to launch soon.


Frequently Asked Questions

Q: Are there Ontario business grants for brand-new startups with no revenue?
Yes, but they are limited. Starter Company Plus and Summer Company are the most common options for founders with little or no revenue.

Q: Can I apply for more than one Ontario startup grant?
Usually not at the same time. Many programs restrict stacking similar start-up grants, especially within the same funding year.

Q: Are grants available for online or home-based businesses?
Yes. As long as your business is legal and based in Ontario, home-based and online businesses can qualify.

Q: Do I need a business plan to apply?
Almost always. Starter Company Plus and Summer Company both require a business plan as part of the application.

Q: What if I don’t qualify for any grants yet?
You may need to start with loans, bootstrapping, or advisory programs until your business meets grant eligibility thresholds.


If you’re expanding your search, these guides may help:

  • Money from Ontario Government 2025
  • Co-op Student Funding Ontario
  • Mitacs Grants

Next Steps

Ontario business grants for new businesses exist, but they’re narrow and competitive. The key is matching your stage, age, and location to the right programs at the right time.

GrantHub tracks 2,500+ active grant programs across Canada — check which ones match your business profile so you can focus only on funding you actually qualify for.

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