Incentives & Funding

Small Business Development Centres across the region partner with various government branches to provide Young Entrepreneur programs including:

STARTER COMPANY

Provides training and mentoring from local business leaders to adults 18-29 who are NOT returning to school and who want to open or expand a business. Some grant money up to $5,000 may be available. For more information please click here.  

FUTURPRENEUR CANADA

Provides pre-launch coaching, business resources, start-up financing and mentoring to help 18-39 year old entrepreneurs start their own business. Character based loans of $15,000 and more are available. For more information please click here.

Are you interested in being a mentor to a young business owner? Futurpreneur Canada is a national, non-profit organization that provides financing, mentoring and support tools to aspiring business owners aged 18-39. Futurpreneur's program hand matches young entrepreneurs with a business expert. Mentors provide business advice, as well as support and encouragement, to help young entrepreneurs remain focused on what is important for the success of their business. To learn more please click here. 

SUMMER COMPANY PROGRAM

Provides coaching and mentoring from business leaders to students 15-29 who ARE returning to school in the fall and want to run their own business over the summer.  Start-up funding and a grant after completing the program is available. For more information please click here

ONTARIO MINISTRIES

Research funding is available to support research and innovation in Ontario. For more information please click here

Information for firms looking to access or expand their export markets for goods or services is available. For more information please click here.

A number of tax credits are available to businesses in Ontario to help lower costs, hire/train workers, compete in the marketplace and support various sectors. To find more information and a full list of the credits available to businesses click here.

The Ontario Ministry of Agriculture, Food and Rural Affairs offers programs for communities and organization, farmers, food and beverage processors, bioproducts producers and researchers and research institutions. For more information please click here. 

The Eastern Ontario Development Fund gives money to businesses, municipalities and not-for-profit organizations for economic development in eastern Ontario. The fund supports projects that create jobs, encourage innovation, collaboration and cluster development and attracts private sector investment. For more information please click here.

The Aboriginal Economic Development Fund (AEDF) provides grants and financing to Aboriginal businesses, communities and organizations. The fund helps promote economic development and improve socio-economic outcomes for Aboriginal people. For more information please click here

FEDERAL GOVERNMENT

FedDev Ontario delivers programming to help create, retain and grow businesses, cultivate partnerships and build strong communities to supporting a strong Ontario economy and positioning the region to compete globally.

FedDev Ontario collaborated with Community Futures Development Corporations (CFDCs) in eastern Ontario and the Eastern Ontario Community Futures Development Corporations Network Inc. (EOCFDC Network) to promote the growth of new and existing businesses in rural communities.

For more information on FedDev programs and financial support please click here