Rural Innovation Initiative Eastern Ontario Local Stream is non-repayable performance-based funding from $25,000 up to $100,000 transitioning SMEs in Lanark County + North Leeds to expand business growth and adoption of advanced business innovation processes. Eastern Ontario Innovation Initiative made possible with funding from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) supports the transition and growth of traditional SMEs, manufacturers and communities into the new rural economy, driving direct investments by private companies in innovation capital producing aggregate local and regional effects.
Regional Stream is non-repayable performance-based funding of $100,000 to accelerate the growth of SMEs on the innovation track, with benefits to multiple communities within Eastern Ontario.
Harnessing Our Potential
Both streams have been fully allocated.
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