ACCESS TO CAPITAL

CAPITAL FOR SMALL PROJECTS

Grant

CDMN Soft Landing

Total Amount

Up to $4,000

Matching Required

Use

Assists companies looking to expand their presence outside of Canada

Eligibility

Must have existing revenues. Should show a strong chance of growing jobs or securing investment.

Grant

Early Stage Exporters

Total Amount

$5,000 - $30,000

Matching Required

Use

Help SME's grow and develop their export markets and obtain new sources of capitalization and funding

Eligibility

Have sales of $300,000 to $500,000. Minimum 3 full time employees. Be incorporated for a minimum of two years.

Grant

Export Market Access

Total Amount

$5,000 - $30,000

Matching Required

Use

Helping SME's gain access to the global market

Eligibility

Annual Sales of $500,000 or more. Registered for a minimum of two years.

Loan

Futurpreneur and Business Development Bank of Canada

Total Amount

Up to $45,000

Matching Required

Use

Initial capital for youths (18-39) with business plans to launch their business.

Eligibility

Need to complete Futurpreneur business plan. Open application.

Loan

Impact Loan (Goodwill Industries)

Total Amount

Up to $10,000 ($5000, and then another $5,000)

Matching Required

Use

Loan support for entrepreneurs who have difficulty accessing traditional financing to start a business.

Eligibility

Demonstrated lack of access to traditional financing. Example: low-income, mental health challenges, disability, social assistance.

Grant

Joule Innovation Grants

Total Amount

$25,000 - $50,000

Matching Required

Use

Joule identifies medical challenges looking for a solution and asks physician-led ventures to solve them

Eligibility

Must be led by a CMA Member.

Grant

Leap Junction Entrepreneurial Award � Fanshawe�s Research and Innovations Day

Total Amount

$1,000

Matching Required

Use

Idea stage or established startups founded by current Fanshawe College students.

Eligibility

Must be a current Fanshawe student.

Grant

Leap Junction Trampoline Pitch Competition

Total Amount

$1,000

Matching Required

Use

Idea stage or established startups founded by current Western University or Fanshawe College students.

Eligibility

Must be a current Western or Fanshawe student.

Grant

LeapIN Summer Incubator

Total Amount

$5,000

Matching Required

Use

Incubator accepting early stage start-ups with some demonstration of traction. Emphasis is on education and skill development through workshops and collaboration. Travelling incubator visiting 4 locations in the London ecosystem.

Eligibility

Must be an entrepreneur under 29.

Grant

London Small Business Centre Starter Company Plus

Total Amount

Up to $5,000

Matching Required

Use

Ontario residents starting a business and not attending school full-time (not R&D phase).

Eligibility

Need to submit business plan. Open application.

Grant

London Small Business Centre Summer Company

Total Amount

$3,000

Matching Required

Use

Students returning to school in the fall who are working on a business idea and will make revenue in the summer.

Eligibility

Need to submit business plan. Must commit 35 hours/week to business for 8-12 consecutive weeks.

Grant

NRC ARP - Accelerated Review Process

Total Amount

Up to $50,000

Matching Required

80% used for direct labor, up to 50% for sub-contractors

Use

Commercialization of products or academic research, funding helps to connect to necessary service providers.

Eligibility

1-500 employees and two years incorporated.

Grant

NSERC Engage

Total Amount

Up to $25,000 for six months

Matching Required

$25,000 in-kind

Use

Collaboration on research projects with university/college researchers.

Eligibility

Minimum of two full-time employees; or be in operation for a minimum of two years. Open application.

Prizes

OCE Make Your Pitch

Total Amount

Various prizes

Matching Required

Use

Two-minute video pitch competition for Ontario students (Grade 9-12).

Eligibility

Open to Canadian citizens or landed immigrants. Individual or team entries (max 4 students).

Grant

OCE VIP1 - Voucher For Innovation & Productivity 1

Total Amount

Up to $20,000

Matching Required

$5,000 cash $15,000 in-kind

Use

Partner with academia to develop innovative products, processes and services.

Eligibility

Applications require academic partner. Minimum two full-time employees, operating for minimum of two years. Open application

Grant

Propel Summer Incubator (PSI)

Total Amount

$7,500 per entrepreneur (up to two per team)

Matching Required

Use

Accelerator accepting sales stage startups or tech companies with user traction.

Eligibility

Open application.

Grant

Propel/Leap Junction Seed Your Startup Competition

Total Amount

$3,000 x 2 (1 tech / 1 retail award)

Matching Required

Use

Idea stage or established startups founded by current Western University or Fanshawe College students.

Eligibility

Must be a current Western or Fanshawe student.

Loan

RISE Asset Development

Total Amount

Up to $10,000

Matching Required

Use

Provides loans for individuals with mental health and addiction challenges to start businesses.

Eligibility

Self-identify as having mental health or addiction challenges. Unable to access traditional bank financing.

Grant

Western Accelerator

Total Amount

$12,000 per team (1-3 members per team)

Matching Required

Use

Funding and business support for a start-up

Eligibility

At least one founder must have a Western connection.

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