Government money is available to businesses that are essential parts of the economy and in this newsletter we’ve rounded up the latest information on the available grants that you could be eligible to apply for.
In this edition of the newsletter:
- Agri-Food Energy Cost Savings Initiative
- Sustainable Canadian Agricultural Partnership
- The Eastern Ontario Development Fund (EODF) and the Southwestern Ontario Development Fund (SWODF)
- Canada-Ontario Job Grant
Further details and links to applications below – happy reading!
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The usual disclaimer: Swoop Funding does not review or fund these grant applications.
Agri-Food Energy Cost Savings Initiative
The Agri-Food Energy Cost Savings Initiative helps agri-food processors invest in purchase or modification of equipment and technology that improves energy efficiency.
This includes water use, monitoring controls, renewable energy, heating and refrigeration.
Your business could receive 20 percent of eligible costs up to a maximum of $300,000 in funding per project under the initiative.
Closing date: Monday 5 June 2023 11:59pm
Sustainable Canadian Agricultural Partnership
The Sustainable Canadian Agricultural Partnership (SCAP) offers support to businesses operating in the agricultural sector in Canada. SCAP aims to encourage adoption of sustainable agriculture practices through financial assistance, research, and education.
Funding programs are available to help businesses invest in new infrastructure, equipment, and technologies that will improve their operations and environmental sustainability. The partnership emphasizes collaboration between government, industry, and academia to improve efficiency, profitability, and sustainability in the agriculture sector.
The Eastern Ontario Development Fund (EODF) and the Southwestern Ontario Development Fund (SWODF)
The Eastern Ontario Development Fund (EODF) and the Southwestern Ontario Development Fund (SWODF) have announced their new intake window from April 27 to June 15, 2023.
These grants are available for businesses that invest at least $500,000 in their project (or $200,000 in rural Ontario), employ at least 10 people (or 5 in rural Ontario), commit to creating at least 5 new jobs, provide 3 years of operations and financial statements, and be located in or plan to relocate to a community in southwestern or eastern Ontario.
Businesses that meet these criteria can receive 15 percent of eligible expenses in the form of a grant or loan, with a forgivable portion.
For more information and eligibility, click down below.
Canada-Ontario Job Grant
The Canada-Ontario Job Grant (COJG) is designed to support businesses and non-profit organizations acting on behalf of employers in Ontario. To qualify, they must have a current employee or a candidate for a job vacancy and be interested in filling the position or improving their skills.
Eligible expenses include tuition fees, books, examination fees, and other mandatory training fees, provided they are completed within 52 weeks and result in a record of completion or certification. Employers can choose their own training institution, but those with over 100 employees receive half the cost, while those with fewer get 5/6 of the cost of training.