The primary focus of eastern ontario development fund eodf business stream is to provide financial support to canadian smes looking to expand their operations and create jobs for communities in eastern ontario. The eastern ontario development program eodp is a government of canada funded initiative designed to promote economic development in rural eastern ontario by contributing to the development of businesses and communities this program will serve as a catalyst to encourage new project development, funding of strategic and planning studies for communities, mobilizing broader. Limited time offer 30 spaces available on a firstcome firstserved basis. Rural innovation initiative eastern ontario riieo, made possible with funding from the federal. Please carefully read the 20202021 partnership fund guidelines below prior to completing applications as there are changes this year. Venture eastern ontarios newest innovation centre opens. The project will create 45 new jobs, help to retain 182 existing positions and is expected to be completed by may 2022. Welcome to community futures development corporation of north. Ontario has a plan to create a business environment that attracts investment and encourages entrepreneurs and risk takers to grow their businesses and create highpaying, good quality jobs.
Eastern ontario development fund gives money to businesses, and notforprofit organizations. Through this investment, coloured aggregates will expand its services and production at its worldclass processing plant in marmora. These cfdcs are part of the community futures program cfp, a community driven economic development initiative designed to assist rural areas. Eastern ontario development fund eodf southwestern ontario. Trenval business development corporation is a federally supported, notforprofit community futures development corporation, administered by a volunteer board of directors in partnership with the federal economic development agency for southern ontario committed to helping to develop and diversify the local economy through community strategic. The eastern ontario development fund provides support for projects. The fund supports projects that create jobs, encourage innovation, collaboration and cluster development and attracts private sector investment. Projects must start a minimum 60 days after submission and can have a duration of three to four years. The southwestern ontario development fund and the eastern ontario. Funding is available only to organizations in eastern ontario.
You are encouraged to reach out to lori mcisaac at 63442095, ext. Starting up in ontario, if you are a small business, or a high growth startup torontostarts has you covered with the guide to starting a business in ontario a resource guide for entrepreneurs, startups, and scaleups ecosystem. The fund supports business and community economic development projects. The eastern ontario development fund provides grants and loans to businesses, municipalities and notforprofit organizations. An overview of the focus of this ontario government funding program along with success stories, timelines and other relevant information. Previously, we profiled this fund in our july 2011 blog and based on the near closing date, mentor works has researched the key eligibility factors and project criteria to contribute growth and diversification to the eastern ontarios economic region.
Eastern ontario development fund eodf southwestern. Eastern ontario development fund ottawa business journal. Previously, we profiled this fund in our july 2011 blog and based on the near closing date, mentor works has researched the key eligibility factors and project criteria to contribute growth and diversification to the eastern ontario s economic region. New investments supporting over 980 jobs in eastern ontario.
Rural innovation initiative eastern ontario, made possible with funding from the. Peterborough area receives industry canada support for cfdc. Ontario business grants complete funding resource for. Learn more about how we can help you with funding opportunities. Eligibility guidelines and how to apply for the southwestern ontario development fund business stream. In response to covid19, the second intake of eodf has been extended to may 29, 2020. The eastern ontario development fund business stream will fund up to. The eastern ontario development fund is designed to create and retain jobs in high demand industries by funding small business expansion and investment opportunities in eastern ontario. Eastern oregon border economic development region board. Research and development small business funding in ontario.
Ontario if you run an incorporated business in the target region, you may be eligible for funding of up to 15% of the costs of a new expansion or an innovation project that grows your workforce or local economy. Nov 17, 2011 the eastern ontario development fund was announced in 2008, as a four year program ending in march 2012, and is still accepting applications. This program includes the eastern ontario development fund and southwestern ontario development fund, which are being redesigned using the principles of the open for jobs blueprint. Rural innovation initiative eastern ontario regional. The good jobs and growth plan includes an investment in the southwestern ontario development fund and the eastern ontario development fund to support the needs of all businesses, particularly those in rural and small communities. Feddev ontario delivers programs and services to support innovation and economic growth in southern ontario canadas most populous region. As we work to develop the catalogue, tell us what you think. Eastern ontario development fund ministry of economic development, job creation and trade, government of ontario applies only to. Our role is to represent the network of 14 participating community futures development corporations in eastern ontario and to act as their regional voice. The eastern ontario development fund provides support for projects and investments to businesses, municipalities and notforprofit organizations for economic development in eastern ontario. Eastern ontario development program canada business.
Agency for southern ontario, supports the transition of rural businesses into. The eastern ontario development program eodp is a government of canada funded initiative designed to promote economic development in rural eastern ontario by contributing to the development of businesses and communities this program will serve as a catalyst to encourage new project development, funding of strategic and planning studies for communities, mobilizing broader community. The eastern ontario economic development fund is designed to help businesses create new jobs, and invest in new technologies, equipment or skills training for workers. Eastern ontario development fund 15 50% of eligible project costs amount. The greater peterborough cfdc has a solid track record of supporting the vital small and mediumsized business. Learn about our plan for a new open data catalogue. Eastern ontario development fund grant recipients the eastern ontario development fund was launched in 2008 as a fund to attract investment and support job creation in eastern ontario. Southwesterneastern ontario development fund newsroom. Ontario launches regional program to help create jobs. Eastern ontario development fund eodf support to expand your business or bring business to your community in eastern ontario. Local economic development, or economic development initiatives already developed e. Canada candy company three businesses in the kawarthas have received funding from the province of ontario s eastern ontario development fund eodp to support their expansion plans. Grenville community futures eastern ontario development.
This program provides funding to businesses, municipalities, and notforprofit organizations for economic development in southwestern ontario. The eastern ontario development fund eodf evamax group. Eastern ontario innovation initiative made possible with funding from the federal economic development agency for southern ontario feddev ontario supports the transition and growth of traditional smes, manufacturers and communities into the new rural economy, driving direct investments by private companies in innovation capital producing aggregate local and regional effects. Eastern ontario communities will benefit from innovative and collaborative initiatives to support key sectors.
Companies operating within designated regions can receive up to 50% funding for eligible activities, including as much as. Eastern ontario is projected to experience population growth of 417,000, or 23. The business development bd component will promote growth of new and existing businesses in rural eastern ontario communities. Community futures eastern ontario southern ontario fund. Download from todays paper download from apple app store. A true blending of the character and culture of its neighbours and with its own distinct influences, this is region takes a little from a lot of different places and produces something distinct. A grant program to help businesses create new jobs, and invest in new technologies, equipment or skills training for workers. Where is eastern ontario at in regional economic development terms. Eastern ontario development program inac services limited. Venture is one of the most exciting projects ever undertaken in eastern ontario, and i firmly believe it will be the crown jewel in any ongoing innovation. Business oregon eastern oregon border economic development.
Eastern ontario development fund inac services limited. Particularly if youre building new technologies, research and development play a major role in how effective your product will be to consumers. The eastern ontario development fund was announced in 2008, as a four year program ending in march 2012, and is still accepting applications. This maximum can be met through one project or through multiple projects. The rest of the region as a whole is also projected to experience growth, but below the provincial average. Jun 17, 2016 to date, ontario has funded 51 projects with indigenous partners through the aboriginal economic development fund. Applicant guide to the eastern ontario development fund eodf. Grants and loans the guide to starting a business in ontario. Eastern ontario development fund april 2018 mariposa dairy, armada toolworks create new jobs with provincial grants cobourg candy maker, lindsay auto parts and dairy businesses receive funds for job creation eastern ontario development fund supports industry in the kawarthas, including new canada candy company facility in cobourg mariposa dairy, province partner to create jobs federal. The eastern ontario development fund gives money to businesses to support projects that create jobs, encourage innovation and attract private sector investment.
The project is supported by the federal economic development agency for southern ontario feddev ontario through the rural innovation initiative eastern ontario riieo. The eastern ontario development fund eodf has already increased economic development and employment opportunities in this area, said mr. Businesses can get financial support through the eastern ontario development fund eodf and southwestern ontario development fund swodf and guided access to a range of complementary services and supports. Eastern ontario development program grenville community futures. The eastern ontario development fund provides support for projects and investments to businesses, municipalities and notforprofit organizations for economic. London manufacturer builds new hot stamping facility. Dec 10, 2012 the eastern ontario development program offers grants for private sector projects that create or maintain jobs in eastern ontario. General description of business including products and services currently offered. This limits the ability to draw conclusions with respect to.
Province to expand aboriginal economic development fund. The government has launched a new regional development program for eastern and southwestern ontario. Eastern ontario development program federal economic development agency for southern ontario, government of canada applies only to. Eastern ontario development fund eodf small business grant.
Eastern ontario development fund eodf small business. The program supports eligible small and mediumsized businesses investing in new equipment and training to expand operations in these regions, and also provides support to municipalities and notforprofit organizations investing in economic development. The purpose of eastern ontario development fund southwestern ontario development fund is to provide financial assistance and incentives to promote regional economic development in eastern and southwestern ontario and thereby enhance ontario s overall economic competitiveness and opportunities for the ontario labour force. Discover some of the new features of our catalogue. Rural innovation initiative eastern ontario, made possible with funding from the federal economic development agency for southern ontario, supports the transition of rural businesses into the new rural economy by driving direct investments in innovation to improve productivity, competitiveness and employment opportunities and to transform our rural economy. Ontario pauses intake for two provincial economic development funds. Dec 05, 2016 eastern ontario development fund posted on december 5, 2016 at 1. Rural innovation initiative eastern ontario thousand islands. Click here for documents you will need delia makes it quick and easy for you to apply online for access to capital to start, grow or expand your innovationdriven, womenowned andor womenled business, located in rural eastern ontario. Applicant guide to the eastern ontario development fund.
New 20192020 intake periods have been announced for the business stream. The community innovation ci component will advance community led economic development to enhance and diversify local economies. Development fund business expansion in eastern ontario. The southwestern ontario economic development fund is a fund designed to help businesses create new jobs, and invest in new technologies, equipment or skills training for workers. Eastern ontario eastern ontario is a little corner of ontario sandwiched between new york state to the south and quebec to the north. Going forward, the funds will focus on providing performancebased loans to eligible small and mediumsized businesses operating, or seeking to expand, in eastern. Ontario is a province of tremendous opportunity and potential however, high taxes, excessive payroll costs and burdensome red tape have been driving. Evaluation of the eastern ontario development program project no 570284302 evaluation report december 2010 collected output and short. Eastern ontario development program eodp guidelines. You may download the fillable eligibility checklist by logging into transfer. Eastern ontario development fund eodf grants ontario. The regional development program takes a coordinated approach to supporting business growth in eastern and southwestern ontario. Canada and ontario invest in new food processing facility. Ontario east economic development commission linkedin.
Eastern ontario innovation initiative made possible with funding from the federal economic development agency for southern ontario feddev ontario supports the. The city of ottawa is projected to grow from 957,000 in 2015 to 1. The fun supports projects that create jobs, encourage innovation, collaboration and cluster development, as well as those that attract. Archived southwestern ontario development fund business.
Grenville community futures eastern ontario development program. Canada royal milk is a subsidiary of chinese company feihe international inc. The purpose of eastern ontario development fund is to provide financial assistance and incentives to promote regional economic development in eastern ontario. It will also support economic development projects that will attract or retain investment in ontario based industries and communities. The eastern ontario development fund gives money to businesses, municipalities and notforprofit organizations for economic development in eastern ontario. The program supports businesses from a range of sectors, from manufacturers to health care and food services. Through the business stream of the eastern ontario development fund, the province of ontario will provide up to 15% of eligible costs for projects that support business investment and economic development in the region. Latest the regional relief and recovery fund supports businesses impacted during the covid19 crisis. As our lives become more tied to our online experiences and transactions, so grows the need for our businesses to be secured against cyber attacks.
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