Grant funding for Innovation and International business development activities
If your organization is looking for business funding in Ontario, the Eastern Ontario Development Fund (EODF) offers one of the province’s most impactful grant opportunities for companies and communities aiming to grow. This Ontario government funding program is designed to drive economic development in the Eastern Ontario region, helping businesses expand, create jobs, and invest in innovation.
From capital investment grants to support for productivity improvements, this fund can be a game-changer for both established businesses and regional development organizations.
What is the Eastern Ontario Development Fund?
The Eastern Ontario Development Fund is a government grant program that supports projects focused on business expansion, facility upgrades, and economic development in Eastern Ontario. The fund is delivered by the Ministry of Economic Development, Job Creation and Trade, and it plays a vital role in strengthening local economies and attracting private sector investment.
There are two streams of funding available, depending on your organization type:
1. Business Stream
For established, for-profit businesses with:
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10 or more full-time employees
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A minimum of 3 years of operations
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A strategic plan for growth and job creation
Funding Details:
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Up to 15% of eligible project costs
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Grants and/or repayable funding available
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Maximum funding: $500,000 – $5,000,000
2. Community Economic Development Stream
For municipalities, Indigenous communities, sector associations, and not-for-profits delivering projects that benefit the broader regional economy.
Funding Details:
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Up to 50% of eligible project costs
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Non-repayable government contributions
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Maximum funding: $1.5 million
What Projects Are Eligible for This Ontario Business Grant?
The EODF supports a wide range of business expansion activities and regional development initiatives. To qualify for this Ontario government grant, projects must demonstrate measurable economic impact; such as new jobs, increased exports, or enhanced productivity.
Eligible activities may include:
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Facility construction or modernization
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Equipment and advanced technology investments
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Training and upskilling of employees
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Process improvements for productivity
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Regional infrastructure improvements
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Innovation adoption and commercialization
Who Can Apply?
You may be eligible for this Eastern Ontario business funding if you are:
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A for-profit business located in Eastern Ontario
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A municipality or regional government
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An Indigenous community or organization
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A not-for-profit focused on economic development
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An industry or sector association with regional impact
Why GrantMatch?
At GrantMatch, we specialize in helping businesses and organizations access government funding programs across Canada. Our team of experts offers end-to-end support; from determining your eligibility to developing a compelling application that aligns with the fund’s objectives.
We know what reviewers are looking for, and how to make your project stand out in a competitive grant environment.
Take the First Step Toward Government Funding Success
The Eastern Ontario Development Fund is one of the top business funding programs in Ontario—but securing funding requires strategy, precision, and expertise.
📩 Contact GrantMatch today to schedule a consultation and assess your project’s funding potential.
