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FUNDING

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Funding Opportunities

Canada Summer Jobs


Provides a wage subsidy of up to 50% of a full-time student’s salary for their employment over the summer, based on the adult minimum wage. The student must be between 15 and 30 and the business must have less than 50 employees. Businesses must apply by February 28 to be eligible.

Canadian Dairy Commission (CDC)


The CDC offers important programs which provide support to both dairy product manufacturers and food processors.

Canadian Institutes of Health Research


The Project Grant program is designed to capture ideas with the greatest potential for important advances in fundamental or applied health-related knowledge, health care, health systems, and/or health outcomes including commercialization

Community Futures Development Corporations and Small Business Enterprise Centres


Community Futures Development Corporations can provide a loan of up to $150,000 to start or grow small businesses in Northern Ontario or rural Southern Ontario. They also provide access to business training and planning support. The purpose of these centres is to specifically cater to the localized needs of each community.

Small Business Enterprise Centres offer the Starter Company Plus and Summer Company programs.

Are you an entrepreneur who is starting, growing or buying a business? Through Starter Company Plus, you could be eligible to apply for this mentorship and training program. Once participants have completed this program, they may be eligible to apply for a micro-grant of up to $5,000 to put towards the business.

Summer Company will provide accepted students mentoring, business training and up to $3,000 in funding to start and run their business for the summer. The Small Business Centre will assist you in the development of your business plan and throughout your business operations during the whole summer.

The Small Business Enterprise Centres also provide free consultations with a qualified business consultant, internet and computer access for business research and planning, review of business plans, consultations through a lawyer/accountant referral service, up-to-date, leading-edge information geared to the needs of the entrepreneur, access to current resource materials, including directories, trade indexes and books that entrepreneurs can peruse on-site, workshops and seminars, guidance on licenses, permits, registration, regulations and other forms and documents required to start and build a business, import and export information, information on patents, copyright and trademarks, and mentoring and networking opportunities.

See Partners page for listing and contact information for Community Futures Development Corporations and Small Business Enterprise Centres in Simcoe County.

County of Simcoe – Entrepreneurial Innovation Fund


The Entrepreneurial Innovation Fund supports Simcoe County-based organizations to create partnerships and enhance service offerings for area entrepreneurs. All supported activities must be non-profit in nature. To qualify, at least one Small Business Enterprise Centre and one Community Futures Development Corporation must be partners on the project and the service must be delivered in Simcoe County. Applications are evaluated by the County’s Economic Development Office with approvals from the County’s Economic Development Sub-Committee and Committee of the Whole.
The Application intake for 2024 has now closed.

Downtown Midland Façade Program


The Downtown Midland BIA has introduced the façade program to stimulate improvements to the exterior of downtown buildings. The program offers a grant that will cover 50% of the total cost project up to a maximum cost of $3,000 depending on the project. The purpose is to assist downtown business owners with the financing of street oriented building façade improvements.