The Southwestern and Eastern Ontario Development Funds offer up to $500k-$5M to support a business’ investments in innovative facilities and equipment.
Update: In response to COVID-19, the fourth intake period of SWODF/EODF is October 19, 2020 – December 1, 2020.
The Community Economic Development Streams of the Southwestern Ontario Development Fund (SWODF) and the Eastern Ontario Development Fund (EODF) provide support to municipalities and not-for-profit organizations for projects and investments that spur
Update: In response to COVID-19, the second intake of EODF has been extended to May 29, 2020.
Attracting business investment to Eastern Ontario has historically been a challenge for economic developers. Although there are many high-potential companies operating in the region, these organizations typically do not invest and grow at the
On June 7, Ontario voters ushered in a new Conservative majority government to be led by Doug Ford. The incoming Premier won 40% of the popular vote and 76 seats overall, signaling a big change in provincial government. Having already appointed a Chief of Staff and assembled a transition team,
Five manufacturers in eastern Ontario have recently been awarded business expansion grants. These companies will use Ontario government funding for building/renovating production plants, purchasing more efficient equipment, and expanding their market reach. As a result, the businesses will improve their overall productivity by providing more products and services, as well
The Hain Celestial Group, Inc. (Hain Celestial) is a leading manufacturer of organic and natural products. Some of its most well-known brands include Yves Veggie Cuisine, JĀSÖN, Casbah, and Celestial Seasonings. The company has two manufacturing locations in Canada, including a processing facility in Delta, British Columbia and another in
In August, the Government of Ontario announced it would provide up to $311,200 in small business grants to help Kawartha Dairy expand its facility in Bobcaygeon, Ontario. The investment will support a 54,000 sq. ft. expansion that will allow the company to develop new product lines and explore new export
Advanced manufacturer, Triangle Fluid Controls, has been awarded up to $186,000 in small business grants to expand production capacity. The investment will help the company build a 12,600 sq. ft. extension onto its existing facility, as well as purchase new production and laboratory testing equipment. These upgrades will help the
Ontario’s economy is expected to achieve a 3% growth in GDP based on the province’s performance this year. Previous growth projections expected a 2.6% increase to the province’s GDP, however favourable conditions enabled businesses to increase their competitiveness and drive sales, both domestically and internationally.
This is just one of the
Eastern Ontario government funding is supporting the expansion of four growing businesses. The selected manufacturers will create a total of 76 new jobs, while retaining an additional 137 for the region among other key benefits of their projects.
On October 13, 2016, Premiere Kathleen Wynne announced that the Eastern Ontario Development