---
title: Southwestern Ontario / Eastern Ontario Development Fund (Business Stream)
description: Explore funding opportunities for businesses in Southwestern and Eastern Ontario to enhance growth and innovation with the Development Fund's Business Stream.
image: https://grantmatch.com/hubfs/AdobeStock_461801102%20(1)-1.jpeg
---

Ontario

# Southwestern Ontario / Eastern Ontario Development Fund (Business Stream)

Explore funding opportunities for businesses in Southwestern and Eastern Ontario to enhance growth and innovation with the Development Fund's Business Stream.

[ GrantMatch Team ](https://grantmatch.com/hot-new-programs/author/grantmatch-team)

 Apr 29, 2026

[Canada](https://grantmatch.com/hot-new-programs/tag/canada) [Economic Development](https://grantmatch.com/hot-new-programs/tag/economic-development) [Funding for Company Expansion](https://grantmatch.com/hot-new-programs/tag/funding-for-company-expansion) [Ontario](https://grantmatch.com/hot-new-programs/tag/ontario)

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## Secure up to $5M to scale operations, boost productivity, and drive job creation across Southwestern and Eastern Ontario

The Southwestern Ontario Development Fund (SWODF) and Eastern Ontario Development Fund (EODF) – collectively delivered under Ontario’s Regional Development Program (RDP) – are now accepting applications for the Business Stream, with a deadline of May 27. This highly competitive program is designed to support growing businesses, particularly manufacturers, in making strategic investments that drive productivity, innovation, and regional economic development across Ontario.

## Program Overview

The Business Stream provides financial support to companies undertaking transformative projects that:

- Grow operations and scale production capacity
- Improve productivity through advanced equipment and technologies
- Invest in innovation, workforce development, and talent
- Expand into new markets or introduce new products/services
- Create sustainable, high-quality jobs across Ontario

With a strong focus on regional impact, the program prioritizes projects that deliver long-term economic benefits within Southwestern and Eastern Ontario communities.

## Eligible Regions

Funding is available to businesses operating within designated regions across Eastern Ontario and Southwestern Ontario, including:

**Eastern Ontario:**

- Frontenac
- Haliburton
- Hastings
- Kawartha Lakes
- Lanark
- Leeds and Grenville
- Lennox and Addington
- Muskoka
- Northumberland
- Ottawa
- Peterborough
- Prescott and Russell
- Prince Edward
- Renfrew
- Stormont, Dundas and Glengarry

**Southwestern Ontario:**

- Brant
- Bruce
- Chatham-Kent
- Dufferin
- Elgin
- Essex
- Grey
- Haldimand
- Huron
- Lambton
- Middlesex
- Niagara
- Norfolk
- Oxford
- Perth
- Simcoe
- Waterloo
- Wellington

## Funding Details

**Performance-Based Loan:**

- Up to 15% of eligible project costs
- Maximum contribution: $5 million
- Up to 30% forgivable (capped at $500,000)

**Performance-Based Grant (Small & Rural Companies Only):**

- Up to 15% of eligible project costs
- Maximum contribution: $500,000

**Small & Rural Definition:**

- Fewer than 100 employees (FTEs)
- Located in a municipality with: 
    - Population under 100,000, or
    - Population de

## Eligible Projects

Eligible projects include:

- Investment in advanced equipment, automation, and technology adoption
- Expansion of existing operations or establishment of new facilities
- Introduction of new products, services, or entry into new markets
- Workforce development, training, and talent acquisition initiatives

## Eligibility Criteria

- For-profit company (manufacturers are most competitive)
- Minimum 10 FTEs (or 5 FTEs in rural communities)
- Creation of at least 5 new full-time jobs
- Minimum project investment: 
    - $500,000 standard
    - $200,000 in rural communities
- Project duration of 3–4 years

### How GrantMatch Can Help

BDO GrantMatch supports your success by:

- Assessing eligibility and project alignment with program priorities
- Developing a compelling business case focused on economic impact and ROI
- Quantifying job creation, productivity gains, and regional benefits
- Managing the full application process from intake to submission
- Positioning your application to maximize funding outcomes

**DON'T MISS OUT – [CONNECT WITH GRANTMATCH TO DISCUSS PROJECT ELIGIBILITY](https://share.hsforms.com/1Uor5e1UOQ9GsjLy7SRO7Aw34udz)!**

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