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OngoingFederalLoans

FedDev Ontario - Funding for businesses to innovate, grow and compete (REGI Business Scale-up and Productivity)

Federal Economic Development Agency for Southern Ontario (FedDev Ontario)

Up to $10M

Applicants normally request a minimum of $125,000 up to a maximum of $10 million per project; maximum rate of support normally 50% of eligible project costs; interest-free and unconditionally repayable

Interest-free, unconditionally repayable contributions for southern Ontario businesses to innovate, scale up, adopt technology and commercialize. Covers new project costs such as labour, expertise and equipment.

Open the official page ↗
19
Long shot

How to apply

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Who qualifies

Businesses (and some organizations) in southern Ontario with projects that create new, incremental costs; costs must be new and essential to the project. Unreasonable, non-incremental or unrelated costs are ineligible (page examples: land, buildings, basic research, refinancing debt). Separate Who can apply page governs applicant detail.

Small businessCorporation

Good to know

  • Funding: Repayment normally begins 1 year after project completion. Total government assistance stacking limits were reported in search snippets (75% non-capital / 50% capital) but not confirmed on the fetched page.
  • Cost share: 50% of eligible costs
  • Notes: Whether intake is currently open was not stated; listed without a pause notice on the funding page.

Evidence from the official page

  • amount“Applicants normally request a minimum of $125,000 up to a maximum of $10 million per project” source ↗
  • amount“Normally, the maximum rate of support from FedDev Ontario is 50% of eligible project costs.” source ↗
  • amount“Interest-free and unconditionally repayable” source ↗

Verified 2026-10-07 · High confidence. Always confirm on the official page before applying.