ACCESS TO CAPITAL

CAPITAL FOR SMALL PROJECTS

Grant

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

Total Amount
Matching Required
Use
Eligibility

CDMN Soft Landing

Assists companies looking to expand their presence outside of Canada

Up to $4,000

Grant

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

Total Amount
Matching Required
Use
Eligibility

Early Stage Exporters

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

$5,000 - $30,000

Grant

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

Total Amount
Matching Required
Use
Eligibility

Export Market Access

Helping SME's gain access to the global market

$5,000 - $30,000

Loan

Need to complete Futurpreneur business plan. Open application.

Total Amount
Matching Required
Use
Eligibility

Futurpreneur and Business Development Bank of Canada

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

Up to $45,000

Loan

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

Total Amount
Matching Required
Use
Eligibility

Impact Loan (Goodwill Industries)

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

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

Grant

Must be led by a CMA Member.

Total Amount
Matching Required
Use
Eligibility

Joule Innovation Grants

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

$25,000 - $50,000

Grant

Must be a current Fanshawe student.

Total Amount
Matching Required
Use
Eligibility

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

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

$1,000

Grant

Must be a current Western or Fanshawe student.

Total Amount
Matching Required
Use
Eligibility

Leap Junction Trampoline Pitch Competition

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

$1,000

Grant

Must be an entrepreneur under 29.

Total Amount
Matching Required
Use
Eligibility

LeapIN Summer Incubator

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.

$5,000

Grant

Need to submit business plan. Open application.

Total Amount
Matching Required
Use
Eligibility

London Small Business Centre Starter Company Plus

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

Up to $5,000

Grant

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

Total Amount
Matching Required
Use
Eligibility

London Small Business Centre Summer Company

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

$3,000

Grant

1-500 employees and two years incorporated.

Total Amount
Matching Required
Use
Eligibility

NRC ARP - Accelerated Review Process

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

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

Up to $50,000

Grant

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

Total Amount
Matching Required
Use
Eligibility

NSERC Engage

Collaboration on research projects with university/college researchers.

$25,000 in-kind

Up to $25,000 for six months

Prizes

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

Total Amount
Matching Required
Use
Eligibility

OCE Make Your Pitch

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

Various prizes

Grant

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

Total Amount
Matching Required
Use
Eligibility

OCE VIP1 - Voucher For Innovation & Productivity 1

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

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

Up to $20,000

Grant

Open application.

Total Amount
Matching Required
Use
Eligibility

Propel Summer Incubator (PSI)

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

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

Grant

Must be a current Western or Fanshawe student.

Total Amount
Matching Required
Use
Eligibility

Propel/Leap Junction Seed Your Startup Competition

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

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

Loan

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

Total Amount
Matching Required
Use
Eligibility

RISE Asset Development

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

Up to $10,000

Grant

At least one founder must have a Western connection.

Total Amount
Matching Required
Use
Eligibility

Western Accelerator

Funding and business support for a start-up

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

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