Jobs and Growth Fund | FedDev

“FedDev Ontario”

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The funder does not disclose this information

Maximum Eligible Amount

Government Grant, Repayable Contribution

Fund Type

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. Indigenous-led organizations and/or businesses are strongly encouraged to apply. Under the initiative,

The fund will help job creators and the organizations that support them future proof their businesses, build resiliency and prepare for growth by:

  • Supporting the transition to a green economy, 
  • Fostering an inclusive recovery,
  • Enhancing Canada's competitiveness through digital adoption to improve productivity and manufacturing processes, and
  • Strengthening capacity in sectors critical to Canada's recovery and growth



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