The Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA) has launched its new initiatives for 2020 which include COVID-19 financial support.
Canadian government funding programs are used strategically to fund businesses growth projects through government grants, repayable/ non-repayable funding.
Mentor Works has listed various funding programs that help businesses temporarily pivot to create PPE, sanitization, or accelerate COVID-19 research projects.
The government loan program, Large Employer Emergency Financing Facility, is accepting applications for businesses requiring financial support in response to COVID-19.
The Regional Relief & Recovery Fund (RRRF) provides interest-free loans to support Ontario SMEs ineligible for other COVID-19 funding programs.
Learn how the CECRA program will lower small businesses’ rent by up to 75% for three months if their revenue has decreased 70% from pre-COVID-19 revenues.
Mentor Works has put together a list of Canadian government funding programs related to COVID-19, as well as other ongoing loan/grant programs for business cash flow.
Discover what the government funding landscape will look like in Spring 2020, including new and returning grants, and how your business can access them.
The Ocean Supercluster is one of Canada’s five Innovation Superclusters, bringing together leaders in multiple sectors across the ocean economy. Learn more.
The Tourism Development Fund offers up to 50% for Ontario not-for-profit organizations and municipalities to invest in innovative tourism projects.