Business Expansion Funding for Growth

Scaling your business into a globally-competitive firm takes considerable knowledge and financial resources. Developing a growth strategy that includes Canadian government funding is a great step towards sustainable, achievable expansion, yet many companies finance growth independently or through traditional funding sources. There is considerable opportunity when leveraging government grants and other funding programs, which includes offsetting the costs of:

  • Purchase and implementation of capital equipment to support increased exporting;
  • Product certifications and industry standards;
  • International trade shows and related expenses;

  • Outbound and inbound trade missions;
  • Translation of marketing materials;
  • Market research and competitive analysis; and
  • Hiring of employees related to international market development.

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Build a Funding Plan for Business Expansion Projects

Use the following image links to access information on business expansion, including Canadian government funding programs and resources to support your growth strategies.

Business Expansion Funding Programs Business Expansion Resources for Canadian Businesses

Browse Funding for Business and Export Expansion

Business expansion grants, loans, and other incentives are available to support businesses across Canada. Explore the programs listed below to learn more about government funding your business could potentially use.

 

Government Funding Program Description Region(s) Supported
Ag Action Manitoba Ag Action Manitoba supports the growth and competitiveness of agriculture and agri-food businesses through funding for capital assets and equipment, market development, research and innovation, training and consulting, and other investment areas.

  • Provides funding based on the type of project completed; typically around 50% of project costs
Manitoba
AgriAssurance: SME Stream AgriAssurance’s SME Stream supports implementing third-party assurance certification projects that address international market requirements and help expand export opportunities.

  • Provides up to 50% to a maximum $50,000 in non-repayable (grant) funding
Canada-wide
CAP Alberta The Canadian Agricultural Partnership: Alberta program supports businesses and organizations completing projects that lead to the growth and competitiveness of Alberta agriculture.

  • Provides funding based on the type of project completed; typically around 50% of project costs
Alberta
CAP Ontario: Place to Grow: Agri-Food Innovation Initiative The Canadian Agricultural Partnership: Place to Grow: Agri-Food Innovation Initiative stream offsets eligible project costs that directly support the industry’s competitiveness and growth opportunities.

  • Provides up to 50%-75% of expenses to a maximum $1 million grant. Total funding is dependent on the project’s innovation
Ontario
CAP Ontario: Processors The Canadian Agricultural Partnership: Ontario Processors stream offsets eligible project costs that directly support competitiveness and provide new growth opportunities.

  • Provides up to 25% to 50% of eligible expenses to a maximum $20,000 to $250,000 in grant funding, depending on project focus
Ontario
CAP Ontario: Producers The Canadian Agricultural Partnership: Ontario Producers stream offsets eligible project costs that directly support competitiveness and provide new growth opportunities.

  • Provides up to 30% to 50% of eligible expenses to a maximum $2,500 to $75,000 in grant funding, depending on project focus
Ontario
CanExport CanExport supports export marketing projects including participation in trade shows and government-led trade missions.

  • Provides up to 75% to a maximum $75,000 in grants per application; maximum $99,999 annually
Canada-wide
Celebrate Ontario Celebrate Ontario supports festivals and events to enhance their programs, activities, and services.

  • Provides up to $250,000 in Ontario government grants per event
Ontario
Commercialization Support for Business Program (CSBP) The Commercialization Support for Business Program (CSBP) offers grant funding to support product development, commercialization, and export market development.

  • Provides grants up to 50% of expenses to a maximum $30,000 – $250,000
Manitoba
Eastern Ontario Development Fund (EODF)
The Eastern Ontario Development Fund (EODF) Business Stream offers financial support to SMEs expanding their operations and creating jobs.

  • Provides up to 15% of project expenses to a maximum of $500k-$5M depending on whether businesses are applying for a grant or a loan.
Eastern Ontario
Export Support Fund Export Support Fund reduces the cost of attending trade shows and trade missions in export markets where less than 10% of company revenues have been earned in the previous 12 months.

  • Provides up to 50% of eligible expenses to a maximum $20,000 grant
Alberta
IESO Conservation Fund The IESO Conservation Fund supports energy conservation and demand management programs, practices and technologies that impact Ontario’s initiative to reduce electricity consumption.

  • Provides up to 75% of costs or a maximum of $500,000/project
Ontario
Manitoba Industrial Opportunities Program (MIOP) The Manitoba Industrial Opportunities Program (MIOP) is designed to attract investment from small and medium-sized enterprises (SMEs).

  • Provides loans ranging from $500k to $5M with a 5-7 year repayment period at RBC prime + 2%
Manitoba
Market Readiness Program The Market Readiness Program supports academic spin-off companies, OCE accelerator (CLA/OCEA) graduates, and SmartStart Seed Fund awardees for early-stage commercialization activities.

  • Provides up to 50% of expenses to a maximum grant of $125,000-250,000
Ontario
NOHFC New Investment Projects The NOHFC Northern Business Opportunity Program – New Investment Projects stream supports established companies to develop a business presence in northern Ontario.

  • Provides funding on a case-by-case basis; either a conditional grant, or combination of grants and repayable funding
Northern Ontario
Rural Economic Development Fund (RED) The Rural Economic Development Fund (RED) supports regional economic development activities of non-profits in rural southern Ontario.

  • Provides 30-50% of eligible expenses to a maximum of $150,000-$250,000.
Southern Ontario
Southwestern Ontario Development Fund (SWODF) The Southwestern Ontario Development Fund (SWODF) is a business expansion funding program that supports investment in new facilities and equipment.

  • Provides up to 15% of project expenses to a maximum of $500k-$5M depending on whether businesses are applying for a grant or a loan.
Southern Ontario
TECTERRA SHOW Program TECTERRA SHOW offers grant funding to help Alberta-based geomatics companies showcase their technologies at trade shows, industry events, and conferences.

  • Provides up to 100% in grant funding to a maximum of $20,000
Alberta

Canadian Business and Export Expansion Resources

Facility Expansion Resources for Canadian Businesses Exporting Resources for Canadian Businesses

Facility Expansion Resources

Facility Expansion Funding ResourcesExpanding the physical size of operations is a significant undertaking. While it’s expected to bring substantial improvements to productivity and overall production, the upfront costs of these types of projects can be staggering. Companies exploring facility expansion projects should consider the benefits of using government funding programs for these types of projects. Through non-repayable contributions (government grants) and repayable contributions (government loans), firms can reduce the immediate and long-term costs of facility expansion projects, enabling a wider project scope and faster completion times. Explore the resources below to understand where facility expansion fits in your growth plans and develop a strategy for success:

Exporting & Market Development Resources

Exporting and Market Development Funding ResourcesExpanding market reach through exploratory projects such as trade shows and missions can grow a business’ client base substantially. Whether exporting to the United States, Europe, or other markets, seeking customers outside of Canada can have profound impacts on your company and make it more resilient to regional price and/or demand fluctuations. Exporting should be viewed as a long-term commitment; fortunately, export grants and other forms of market expansion funding can help your business evaluate export opportunities and confidently grow abroad. Explore the resources below to understand where exporting fits in your growth plans and develop a strategy for success:

Discover More Funding Resources for Business and Export Expansion Projects

Ready to expand your business’ production, enhance competitiveness, and reach new markets? Register for an upcoming Canadian government funding event to learn more about how funding works, how to navigate the government funding process, and support services to help develop a successful application. Mentor Works hosts frequent webinars and live events to help business owners and executives further learn about their funding potential. Register for a session to continue exploring business and export expansion funding.

Canadian Government Funding Events for Small Business