The Community Economic Development and Diversification stream of the FedDev Ontario program helps to develop and diversify local economies by promoting small business development, community innovation, and collaboration.
The fund can provide contributions from $250,000 up to $5 million per project for up to 50% of eligible and supported project costs, although exceptional not-for-profit groups may receive reimbursements of up to 100% of project costs. Contributions towards for-profit groups are repayable, and non-repayable for not-for-profit organizations.
Funding is available for labour, expertise, non-capital, and capital expenses for the following activities:
FedDev Community Economic Development and Diversification offers continuous intake.
Find out more about the services we offer, what options are a good fit for your business, and where to begin on your funding journey.
