Eastern Ontario Development Fund (EODF)
Ontario Ministry of Economic Development, Job Creation and Trade
Up to $5M
Business projects: up to 15% of eligible project costs; loan up to 15% to a maximum of $5M, interest free during the project period (up to 4 years), with up to 30% of the loan (maximum $500,000) forgivable if investment and job targets are met; grants only in specific circumstances, up to 15% to a maximum of $500,000 (rural companies under 100 employees) or $1,500,000 (strategic projects). Community economic development projects: up to 50% of eligible project costs, maximum grant up to $1.5 million
Provincial funding for business expansion and community economic development projects in eastern Ontario (the program asked about as 'Eastern Ontario Development Program').
Open the official page ↗How to apply
Loading…
Who qualifies
Business projects: at least 3 years of operations and financial statements, at least 10 employees (5 rural), commit to at least 5 new jobs, invest at least $500,000 ($200,000 rural), located in eastern Ontario. Community projects led by municipalities, economic development or sector organizations investing more than $100,000. Must consult a regional advisor and register on TPON. Cannot be stacked with other provincial programs; retail, construction, consulting and other sectors ineligible.
Good to know
- Funding: Cannot be stacked with other provincial programs.
- Cost share: 15% of eligible costs
Evidence from the official page
- amount“Up to 15% funding to a maximum of $5M, interest free during the project period (up to 4 years).” source ↗
- amount“Up to 50% of eligible project costs for a maximum grant of up to $1.5 million.” source ↗
- deadline“Application submission period: November 3, 2026 – January 21, 2027” source ↗
- status“Application deadline: September 23, 2026” source ↗
Verified 2026-10-08 · High confidence. Always confirm on the official page before applying.