Grants for Interest Free Loan

Tourism Growth Program – Tourism Industry Loan for Southern Ontario

Amount: up to a maximum of $250,000 per project.

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Regional Development Program: Advanced Manufacturing and Innovation Competitiveness Stream

Amount: Up to 15% of funding to a maximum of $5 million, interest free during the project period (loan for up to four years).

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Aerospace Regional Recovery Initiative – Aerospace sector recovery interest-free loan

Amount: up to 50 percent of eligible costs with up to 10 million per project.

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Jobs and Growth Fund

Amount: up to 50 percent of eligible costs with up to 10 million per project.

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Productivity Innovation

Amount: A term loan funding up to 100% of a project with a minimum contribution of $ 50,000.

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Proof of Concept Program

Amount: Up to 50% of the cost of the proof of concept plan to a maximum of $100,000 during the Program Period (not to exceed 12 months). The applicant will be required to contribute 50% of the cost over the Program Period.

Business Scale-up and Productivity: BSP Government Loan for Southern Ontario

Amount: No-interest, repayable contributions from $125,000 up to $10 million per project

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Strategic Innovation Fund (SIF) – Government Grant and Loan for Technology Research and Development and Large-Scale R&D-based Expansion

Amount: up to 50% of eligible costs

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Eastern Ontario Development Fund (EODF) – Grant for Business Expansion

Up to 15% of eligible project expenses to a maximum $5 million interest-free loan or up to $500,000 conditional grant.

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Southwestern Ontario Development Fund (SWODF) – Grant for Business Expansion

Up to 15% of eligible project expenses to a maximum $5 million interest-free loan or up to $500,000 conditional grant.

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AgriInnovate (formerly AgriInnovation)

Amount: $10,000,000 per year

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