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