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.