The Investing in Regional Diversification Initiative (IRD) was developed by FedDev Ontario in order to support the long-term development of strong and diverse economies.

  • Amount: Grant for up to 50% of eligible costs to $20 million. Applicant must provide remainder as cash. 10% can be admin related costs.
  • Timeline: Open now; continuous intake of applications.
  • Eligibility: Non-profit in southern Ontario whose mandate includes economic development.
  • Projects: Diversification of regional economy; capacity building activities; business infrastructure initiatives.

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Canadian Government Funding for Small Business