The Ontario Provincial Government have announced funding for projects within Eastern Ontario.
The Eastern Ontario Development Fund is now accepting applications to fund projects.
Up to 15% of eligible project costs.
Up to 15% funding to a maximum of $5M, interest free during the project period (up to 4 years). If you achieve your investment and job targets, up to 30% of the loan (to a maximum of $500,000) may be forgiven.
Grants are available only for specific circumstances, up to 15% to a maximum:
Of $500,000 if your company has fewer than 100 employees and is based in rural Ontario (population of your community is less than 100,000 or population density is less than 100 people per square kilometre)
Of $1,500,000 for strategic projects that are foreign direct investments or from companies competing against other jurisdictions
We Can Help
In order to apply for a project some preliminary engineering and design should be completed, we can provide assistance for your capital construction project, our services include:
- Preliminary Designs & Conceptual Plans
- Capital Cost Estimating and Concept Screening
- Establishing a Project Budget
If you are planning an expansion or new addition, contact us today to help you take your project from concept to construction.