Business Scale-up and Productivity

Funding under this stream helps to accelerate the growth of firms and assist with the adoption of new, innovative technologies that support scale-up, productivity, and the development of and entry into new markets to help companies become globally competitive.

FedDev Ontario is looking for:

  • Innovative and globally-oriented businesses seeking to accelerate their growth.

  • High-potential firms (including accelerator graduates) that are commercializing innovative products, technologies and processes.

  • Firms with scale-up potential looking to improve productivity through the adaptation/adoption of highly innovative, first-of-its-kind technologies with the goal of global competitiveness and market expansion.

  • Entrepreneurs and businesses in rural areas looking to grow, commercialize and improve productivity.

Applications can be submitted for:

No-interest, repayable contributions from $500,000 up to $10 million per project.

Funding is available to:

  • Assist high-growth firms to scale up and expand.

  • Support technology demonstration and the commercialization of new technologies.

  • Encourage the early adoption or adaptation of leading-edge technologies and processesto improve productivity.

  • Increase businesses’ capacity to grow through market diversification and entry into global markets.

  • Foster innovation, technology adoption and digital connectivity in rural areas.

Examples of project activities include:

  • Leveraging risk capital to accelerate the commercialization of products and services geared towards market diversification and growth.

  • Automating and digitizing processes, and related skills development, to improve productivity and increase business capacity and competitiveness.

Applications are accepted on an on-going basis but projects must be completed by December 2023. To learn more about the program and to apply, click here

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