Regional development programs for businesses and corporations
We track 25 regional development programs for businesses and corporations that are open or ongoing right now (9 federal, 16 Ontario), plus 7 that take applications in intake windows. 11 of the open or ongoing programs publish a figure of $100K or more. They are ranked below by our 0 to 100 score, which weighs how much a program pays against how hard it is to win; last checked Oct 28, 2026.
Ranked programs
32 open, ongoing or intake-based programs, best score first.
Ontario Made Manufacturing Investment Tax Credit (OMMITC) and Expanded OMMITC
Ontario Ministry of Finance / Canada Revenue Agency
Corporate income tax credit for investment in new manufacturing and processing buildings and machinery in Ontario. Refundable for Canadian-controlled private...
OngoingOntarioOther incentivesLimit $3M67Top pickFedDev Ontario - Regional Tariff Response Initiative (RTRI)
FedDev Ontario
Liquidity assistance and pivot-project funding for southern Ontario businesses hurt by U.S. tariffs. Non-repayable for smaller amounts, repayable for large...
OpenFederalGrantsUp to $20M54Top pickFedNor - Regional Tariff Response Initiative (RTRI)
FedNor
Liquidity assistance and pivot-project funding for Northern Ontario businesses affected by U.S. tariffs.
OpenFederalGrantsUp to $20M44StrongHamilton Commercial District Revitalization Grant (CDRG) Program
City of Hamilton / Invest in Hamilton
Matching grant for permanent exterior, accessibility and sustainability improvements to commercial or mixed-use properties in designated Hamilton commercial districts...
OngoingOntarioGrants34Worth a lookLondon Industrial Development Charges Grant
City of London
Grant equal to a share of development charges for industrial development, redevelopment and adaptive reuse within London's Urban Growth Boundary.
OngoingOntarioOther incentivesUp to $250K34Worth a lookSite Readiness Program
Ministry of Economic Development, Job Creation and Trade
Funding assistance to prepare eligible industrial properties for investment and business expansion opportunities.
OpenOntarioOther incentivesUp to $25K34Worth a lookLondon Core Area Safety Audit Grant
City of London (Planning and Development)
Matching grant to improve safety and security of properties in London's Core Area, such as exterior lighting, storefront gates, landscaping and security cameras.
OngoingOntarioGrantsUp to $10K33Worth a lookNOHFC Invest North - Innovation
Northern Ontario Heritage Fund Corporation (NOHFC)
Funds applied R&D, demonstration and commercialization projects by Northern Ontario private-sector businesses.
OngoingOntarioGrantsUp to $2M33Worth a lookInvestment Ready: Certified Site Designation
Ministry of Economic Development, Job Creation and Trade
A designation for industrial properties that complete program requirements proving they are primed for development, with partial reimbursement of eligible expenses.
OpenOntarioOther incentivesUp to $50K32Worth a lookKitchener Downtown Façade Grant Program
City of Kitchener
Matching grants for street-facing façade improvements to downtown Kitchener buildings, including storefronts, signage, windows, awnings and AODA accessibility upgrades.
OpenOntarioGrantsUp to $30K31Worth a lookManaged Forest Tax Incentive Program (MFTIP)
Ministry of Natural Resources
Property tax reduction for landowners who prepare and follow an approved Managed Forest Plan; enrolled forest is taxed at 25% of the municipal residential rate.
OngoingOntarioOther incentives31Worth a lookNSERC Alliance grants and Ontario Centre of Innovation Collaborate 2 Commercialize (C2C)
NSERC and Ontario Centre of Innovation (OCI)
A joint streamlined funding stream that matches an Ontario company with an Ontario university researcher for a short research collaboration, combining NSERC Alliance...
OngoingFederalGrantsUp to $50K31Worth a lookSectoral Workforce Innovation Fund (SWIF)
Employment and Social Development Canada
Continuous-intake fund for industry-led workforce projects that scale proven training initiatives, build talent pipelines for national priorities, or mobilize industry...
OpenFederalGrantsUp to $10M31Worth a lookNOHFC Workforce Development Program (internships)
Northern Ontario Heritage Fund Corporation (NOHFC)
Funds internship salaries for Northern Ontario employers.
OngoingOntarioOther incentivesUp to $35K30Worth a lookUnion Training and Innovation Program - Infrastructure Expansion
Employment and Social Development Canada (ESDC)
This funding opportunity aims to strengthen Canada's skilled trades workforce by expanding training capacity and modernizing union-led training infrastructure. It funds...
OpenFederalGrants30Worth a lookLondon Façade Improvement Loan (Community Improvement Plan)
City of London (Planning and Development)
Low-cost loan for exterior building improvements such as windows, doors, brick repair, painting, lighting and attached signage within London's Community Improvement...
OngoingOntarioLoansLoans up to $50K29Worth a lookNSERC Applied Research and Development (ARD) grants
NSERC (College and Community Innovation program)
Supports college-led applied research and development projects with industry partners that contribute cash, helping Ontario colleges solve business problems.
OngoingFederalGrantsUp to $150K29Worth a lookSouthwestern Ontario Development Fund (SWODF)
Ontario Ministry of Economic Development, Job Creation and Trade
Provincial funding for business expansion and community economic development projects in southwestern Ontario.
Intake-basedOntarioGrantsUp to $5M28Worth a lookNOHFC Invest North - Locate
Northern Ontario Heritage Fund Corporation (NOHFC)
Support for businesses locating or relocating operations to Northern Ontario.
OngoingOntarioGrantsUp to $5M26Worth a lookNOHFC Indigenous Workforce Development Program
Northern Ontario Heritage Fund Corporation (NOHFC)
Funds salaries for Indigenous interns hired by Northern Ontario organizations.
OngoingOntarioOther incentivesUp to $53K25Worth a lookFedNor - Regional Economic Growth through Innovation (REGI)
FedNor
Supports Northern Ontario business growth (Targeted Manufacturing Initiative) and regional innovation ecosystems (not-for-profits).
OngoingFederalLoansLoans up to $500K23Long shotSkills Development Fund (SDF) Capital Stream
Ministry of Labour, Immigration, Training and Skills Development
Funds capital technical planning and construction or upgrading of skills training centres through two pathways: SEED (planning project taking a design to 40% design...
OngoingOntarioGrants22Long shotEastern Ontario Development Fund (EODF)
Ontario Ministry of Economic Development, Job Creation and Trade
Provincial funding for business expansion and community economic development projects in eastern Ontario (the program asked about as 'Eastern Ontario Development...
Intake-basedOntarioGrantsUp to $5M21Long shotFedDev Ontario - Funding for businesses to innovate, grow and compete (REGI Business Scale-up and Productivity)
Federal Economic Development Agency for Southern Ontario (FedDev Ontario)
Interest-free, unconditionally repayable contributions for southern Ontario businesses to innovate, scale up, adopt technology and commercialize. Covers new project...
OngoingFederalLoansLoans up to $10M19Long shotNOHFC Invest North - Grow
Northern Ontario Heritage Fund Corporation (NOHFC)
Funding for existing Northern Ontario businesses growing operations (equipment, buildings, IT).
Intake-basedOntarioGrantsUp to $1M19Long shotOntario Shipbuilding Grant Program (OSGP)
Ministry of Transportation
Reimburses up to half of eligible costs for projects that strengthen Ontario's shipbuilding industry and supply chain, such as building infrastructure, machinery and...
OpenOntarioGrants19Long shotNOHFC Film & Television Program
Northern Ontario Heritage Fund Corporation (NOHFC)
Conditional contributions for film and television productions spending in Northern Ontario.
Intake-basedOntarioGrantsUp to $2M14Long shotForest Sector Investment and Innovation Program (FSIIP)
Ministry of Natural Resources and Forestry
Funds strategic investments by Ontario forest-sector manufacturers and collaborations that enhance competitiveness, open new markets and strengthen regional economies...
Intake-basedOntarioLoansLoans up to $3M13Long shotInvest Ontario Fund
Invest Ontario
Provincial investment-attraction fund offering grants and loans for large job-creating business investments, plus the Critical Minerals Processing Fund.
OngoingOntarioGrants13Long shotCanada's Ocean Supercluster - Technology Leadership and Innovation Ecosystem projects
Canada's Ocean Supercluster (Global Innovation Cluster)
Co-invests in industry-led ocean technology consortium projects and ecosystem-building activities. Open to Ontario firms that join consortia.
OngoingFederalGrants12Long shotFedNor - Regional Defence Investment Initiative (RDII)
FedNor
Supports Northern Ontario businesses, not-for-profits and Indigenous-led organizations meeting a specific military need in the defence supply chain.
Intake-basedFederalLoans12Long shotRegional Development Program: Advanced Manufacturing and Innovation Competitiveness (AMIC) Stream
Ministry of Economic Development, Job Creation and Trade
Financial support to advanced manufacturing companies, with a focus on SMEs, for capital equipment, technology adoption and skills development to improve competitiveness.
Intake-basedOntarioGrants12Long shot
How we rank
Each program gets a score from 0 to 100 that asks how much money you can realistically get for how little work. It blends the largest published amount (loans count for less because they are repaid), how much effort an application takes, how likely an eligible applicant is to succeed and how many people qualify. Closed programs score zero and programs without a published dollar figure get a neutral value, never a guess. Scores are editorial estimates, not predictions of approval.
Questions
How many regional development programs for businesses and corporations are open right now?
- Of the 52 regional development programs for businesses and corporations in our database, 25 are open or ongoing and 7 take applications only in intake windows. The rest are closed, paused or of unknown status, so they are not ranked on this page. Counts reflect our last check on Oct 28, 2026; programs can change without notice.
What is the largest published amount among these programs?
- FedDev Ontario - Regional Tariff Response Initiative (RTRI) publishes the largest figure on this page, shown as "Up to $20M". Published figures are program maximums, caps or limits, not what an applicant should expect to receive; many programs pay a share of eligible costs and amounts depend on your project and eligibility.
Which regional development programs for businesses and corporations rank highest?
- Right now the top three by our score are Ontario Made Manufacturing Investment Tax Credit and Expanded OMMITC (67, Top pick), FedDev Ontario - Regional Tariff Response Initiative (54, Top pick), FedNor - Regional Tariff Response Initiative (44, Strong). The score combines the size of the published amount, how much work an application takes, how likely an eligible applicant is to succeed and how many people qualify.
Do I have to pay this money back?
- It depends on the program. Grants and incentives are generally not repaid, loans always are, and some contribution agreements are partly or fully repayable, so read the terms of each program. Among the 25 open or ongoing programs here, 15 are in our Grants category, 3 are loans and 7 are other incentives such as tax credits and rebates.
Are these federal or Ontario programs?
- 9 of the 25 open or ongoing programs here come from the federal government and 16 from the Ontario government. Both levels can usually be combined, but many programs have stacking rules that cap total government funding for the same costs, so check them before you apply.
Is this an official government website?
- No. Grants & Loans Finder is an independent research tool. Each program page links to the official source, and applications are always made with the government agency or lender that runs the program.
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Estimates; confirm on the official page. Independent research tool, not a government website. Data last checked Oct 28, 2026. Grants & Loans Finder.