FedDev Ontario, the federal agency responsible for asssiting economic development is streamlining its application process to better serve southern Ontario businesses and organizations.
Renfrew-Nipissing-Pembroke MP Cheryl Gallant advises that applications will now be accepted three times per year (fall, winter, and spring), with the first intake now open.
She says there are two available grant streams: Funding for businesses (for-profit) – up to $10 million for companies to grow, innovate and diversify.
Secondly, funding for organizations that help businesses grow (not-for-profit) – up to $10 million for organizations to grow regional ecosystems, transform local economies, and foster inclusive and sustainable economic growth.
Contact FedDev Ontario by email or at 1-866-953-5505 at any time to express your interest in applying, discuss your needs, or ask questions.
By Rick Stow
