Applications are open for the Southwestern Ontario Development Fund

Applications are currently being accepted for the Southwestern Ontario Development Fund.

Applications will be accepted until Jan. 15, 2024.  

The fund supports business growth in Southwestern Ontario by providing support to eligible small and medium-sized businesses investing in new equipment and training to expand operations in these regions. Applicants are eligible to receive financial support and advisory services to help navigate government programs, such as guidance on compliance approvals, assistance with skills and talent.

Business project eligibility requirements are:

• Have a least three years of operations/financial statements;
• Employ at least 10 people (or five if located in rural Ontario);
• Commit to creating at least five new jobs (or a 30 per cent increase for companies with fewer than 15 employees);
• Invest at least $500,000 in a project (or $200,000 if located in rural Ontario); and
• Be located in, or plan to locate in, a community in Southwestern Ontario.

To learn about the program and how to submit an application, visit: Southwestern Ontario Development Fund.