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FedDev Ontario,  From Our Network,  Funding

Government of Canada launches new funding to create jobs and boost resiliency

The Jobs and Growth Fund provides funding to businesses and organizations to help create jobs and position local economies for long-term growth. The fund, delivered by Canada’s regional development agencies (RDAs), provides $700 million nationally over three years, which includes up to $70 million dedicated to businesses created after January 2020 that meet eligibility criteria.

In southern Ontario, FedDev Ontario is investing $224 million to help job creators and the organizations that support them to future-proof their businesses, build resiliency and prepare for growth by transitioning to a green economy, fostering an inclusive recovery, enhancing competitiveness, and creating jobs in every corner of the country.

Eligible applicants

  • Businesses, including co-operatives
  • Not-for-profit organizations and community economic development partners

Indigenous applicants

  • Indigenous-led organizations and/or businesses are strongly encouraged to apply
  • Under the initiative, RDAs may contribute up to 100% of eligible project costs for projects with Indigenous clients

Read more here…

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