FedDev Ontario funding for Businesses is sponsored by Federal Economic Development Agency for Southern Ontario (FedDev Ontario). This program directly supports eligible for-profit businesses in southern Ontario that are looking to grow and compete. Funding supports business growth and expansion, productivity and technology adoption, market expansion, and export readiness.

Funding for businesses in southern Ontario: How to apply Funding for businesses in southern Ontario: How to apply 4. How projects are assessed FedDev Ontario is accepting applications. If you have an active project with FedDev Ontario an application must be distinct and separate.

Your business can only submit one application at a time. How to download, complete and submit the Application for Funding form (For-Profit Applicants) Step 1. Gather your mandatory and supporting documents Before you start your application, gather your documents.

You must attach the following to your application for it to be considered complete: Mandatory attachments --> Your annual statements for the last 2 completed fiscal years and most recent interim financial statement. Financial statements prepared with Audit or Review Engagement are preferred.

Financial statements must be externally prepared and include a balance sheet, an income statement, a cashflow statement and supporting notes, at a minimum. Internally prepared financial statements can be provided as interim for the most recent fiscal year only. Financial projections for the next 3 to 5 years Financial projections should include estimated project start date to estimated project end date.

Include projections for the information found on the company's balance sheet (e.g., assets, liabilities, equity) and the profit and loss statement, including revenue growth.

Articles of incorporation/amendments or similar documents Biographies of key management and technical staff required to complete the project A diagram of the company's structure A work plan or project schedule A work plan or project schedule that outlines major activities, milestones and detailed project budget (as already summarized in the Application for Funding).

A breakdown of the types and numbers of jobs to be created or maintained A breakdown of the types and numbers of jobs to be created or maintained immediately following project completion and 2 years post-project completion (as already summarized in the Application for Funding).

Additional documents that may be required depending on the details of your project activities: Your intellectual property (IP) strategy (required for IP-intensive firms or projects that involve creating or licencing-out IP). Your organization’s by-law or constating documents. Logical and physical diagrams, device and/or apparatus drawings/photos, or other relevant documentation regarding your technology (if applicable to your project).

Supporting documents related to how your company and proposed project promotes diversity, equity and inclusion for underrepresented groups in the economy (if applicable to your application). Step 2. Download and save Download Application for Funding This form must be downloaded to your computer and opened using Adobe Acrobat Reader .

You must download the application to your computer. Devices like iPads, tablets and cell phones cannot be used. Save the application in a place you can remember.

Step 3. Open using Adobe Acrobat Reader Open the application in Acrobat Reader 10 or later . Do not open it in your web browser.

Ensure you have the correct form. "Application For Funding (For-Profit Applicants)" is for businesses. See Adobe for help solving common issues .

Step 4. Fill out using the Application Guide See the Application Guide for instructions on how to complete each section. Fill out the application and save your work often.

Step 5. Attach mandatory and supporting documents Click the "Add Attachments" button to add all necessary attachments to the Application for Funding. Make sure your company is capable of entering into legally binding agreements and that the individual submitting is authorized to bind the company.

Click the "Submit" button to submit the application and attachments. You will receive a confirmation message that it has been successfully submitted. Keep a copy of the application and the confirmation message for your records.

Should your project be approved, FedDev Ontario will ask for additional documentation to satisfy terms and conditions set out in a contribution agreement. This will include, but is not limited to: insurance coverage, conflict of interest, financial management, project expenditures and performance measurement and reporting.