Jobs and Growth Fund

Jobs and Growth Fund (JGF)

Receive up to 50-90% of Eligible Costs in Funding.

The Jobs and Growth Fund (JGF) is a $700 million federal program that invests in strengthening Canadian economies for long-term growth and jobs creation following setbacks from the COVID-19 pandemic. The JGF includes up to $70 million dedicated exclusively to small businesses established after January 2020.

Mentor Works Government Funding Application Success Rate

Apply for Funding

Give your application the best chance at approval. Mentor Works has an 86% approval rating across all Canadian funding programs.

Apply for This Program

Jobs and Growth Fund (JGF)

Amount of Funding

  • Eligible businesses could receive interest-free repayable contributions for up to 50% of eligible costs
  • Eligible not-for-profit organizations could receive non-repayable contributions for up to 90% of eligible costs
  • Eligible Indigenous organizations may receive up to 100% of project costs for projects with Indigenous client
  • Project contribution amounts do not normally exceed $10 million
Amount of Funding from the Canadian Government

Jobs and Growth Fund (JGF)

Eligible Applicants

To be eligible for JGF funding for economic growth, applicants must be:

  • SME Businesses, including co-operatives
  • Not-for-profit organizations and community economic development partners
  • Indigenous organizations
Eligible Applicants for Canadian Government Funding

Jobs and Growth Fund (JGF)

Eligible Activities

  • Foster an inclusive recovery:
    – Support businesses owned or majority-led by underrepresented groups
    – Increase the participation of underrepresented groups in the economy by supporting not-for-profit organizations that provide funding, business services, training, etc. for a more equitable workforce
  • Preserve Canada’s competitiveness and future-proof SMEs through digital adoption:
    – Support the development or adoption of digital and technological solutions (i.e. Industry 4.0) to increase and promote business productivity
    – Invest in technologies that help scale businesses, enhance their capabilities and increase resilience
  • Strengthen the capacity in sectors critical to Canada’s recovery and growth:
    – Support scale-up and market expansion activities
    – Develop emerging areas of global competitive advantage
    – Support supply chain adaptation and diversification opportunities in critical sectors such as food production, medical supplies, and biomanufacturing
  • Support the transition to a green economy:
    – Support the development and adoption of clean technology
    – Help communities and businesses plan and drive clean, sustainable economic growth
    – Partner with organizations to catalyze the development of green regional cluster
    – Work with organizations supporting businesses to transition to a green economy
Eligible Expenses for Canadian Government Funding

Jobs and Growth Fund (JGF)

Program Deadline

  • Applications will be accepted on a continuous basis until the funding is allocated.
  • Certain costs may be eligible on a retroactive basis up to 12 months before the receipt of the project application, but no earlier than April 19, 2021.
  • All projects must be completed prior to March 31, 2024.
Program Deadline for Canadian Government Funding
Apply for Government Grants with Mentor Works for Time Savings

Apply for Funding

Get the best chance for a successful application by utilizing professional government grant and loan application writers.

Apply Now