Incentive Programs
Grants, loans, and support resources to help your business grow and succeed in the Town of New Tecumseth are available from a variety of sources. Contact us to discuss your plans and find out if your business is eligible for these development incentive programs.
Municipal incentives
Georgian Angel Networkprovides angel investment and business development support to high-growth firms in Simcoe County. |
Regional Tourism Organization 7 |
Regional Tourism Organization 7 offers a number of funding programs to support private and not-for-profit tourism operators that have a tourism amenity or looking to promote Bruce, Grey and Simcoe Counties tourism opportunities. |
Tourism, Culture and Sport Enhancement Fund |
The County of Simcoe Tourism, Culture and Sport Enhancement Fund supports and enhances tourism, culture and sport in Simcoe County by investing in initiatives that promote awareness, access, participation and appreciation of the diverse tourism, culture and sport offerings within thee County. |
Provincial government incentives
Jobs and Growth Fund |
The Jobs and Growth Fund helps employers pay for training costs for current and future employees. |
Digital Main Street |
Digital Main Street is a grant program designed to help main street businesses adopt new digital technologies and build an online presence. |
Ontario Centres of Innovation |
Contact the Ontario Centres of Excellence for help with industrial research and development, commercialization of technology, and access to knowledge from industry and academic communities in Ontario. |
Sustainable Canadian Agricultural Partnership |
Sustainable Canadian Agricultural Partnership is a $3.5 billion, 5-year agreement (until March 31, 2028) between the federal and provincial governments to provide cost-share funding to the agriculture sector. Programs are updated as issues arise in the sector. Current programs include: Grow Ontario Market Initiative and Agri-Food Energy Cost Savings Initiative |
Save on Energy |
Save on Energy Business Incentive Programs assist organizations from the smallest of retail stores to the largest industrial complexes. Find out how you can transform your business with energy efficiency. |
Grid Innovation Fund |
Grid Innovation Fund supports innovation with the potential to achieve significant electricity bill savings for Ontario ratepayers. |
Apprenticeship - Achievement Incentive |
Achievement Incentive Grant helps employers take on apprentices to build Ontario's apprenticeship and skilled trades pipelines. |
Ontario Genomics |
Ontario Genomics focuses on stimulating, enabling and nurturing genomics innovation in the Province of Ontario. Ontario Genomics works as a catalyst for developing and applying genomic technologies across key sectors and has funding opportunities. |
Yves Landry Foundation |
Yves Landry Foundation provides the opportunity for business, education and government to collectively be part of the solution to advance technological education and skills training in order to resolve the skilled labour shortage. |
Skills Development Fund |
The Skills Development Fund offers funding to organizations for innovative projects that address challenges to hiring, training or retaining workings. |
Ontario Vehicle Innovation Network |
Ontario Vehicle Innovation Network provides a number of programs that support the development and demonstration of automotive technologies and mobility solutions. OVIN also provides talent retention and recruitment development funding. |
NGen |
NGen is an industry-led organization that is leading Canada's Global Innovation Cluster for Advanced Manufacturing. NGen provides funding to help advanced manufacturers meet their current needs. Visit their website for update information about funding opportunities. |
Interactive Digital Media Fund |
The Interactive Digital Media Fund provides funding through Ontario Creates on a range of programs to help strengthen Ontario's cultural entrepreneurs. |
Technology Investment Program |
Through Canadian Manufacturers & Exporters this program provides direct financial assistance to manufacturers in southern Ontario in the form of a matching contribution of up to $50,000 to support the investment in long-term production assets and technology that increase capacity and reduce emissions on production. |
CTMA: Career-Ready |
The Canadian Tooling & Machining Association is providing $5,000 for each apprentice an employer hires in their facilities for tool and machining programs. |
APMA: Diversity, Equity and Inclusion Fund |
Fund develops new talent pipeline that will construct pathways to historically excluded groups such as youth, women, newcomers and racialized communities. The DEI supports employers and community partners in their efforts to access, train and retain meaningful employment for new hires. |
Regional Development Program: Advanced Manufacturing and Innovation Competitiveness Stream |
The Advanced Manufacturing and Innovation Competitiveness (AMIC) Stream will provide financial support to advanced manufacturing companies for capital equipment, technology adoption and skills development. |
Skills Development Fund |
Skills Development Fund focuses on investing in enhancements to training, workforce development and program delivery for workers in Ontario. |
Mitacs |
Mitacs provides funding to help companies acquire internships for customized research. |
Federal government incentives
Business and Industry Grants and Financing |
The Government of Canada's Business and Industry grants and financing portal provides information and resources on grants, loans, private and public sector financing, and leveraging personal assets. |
Business Scale-up and Productivity |
FedDev Ontario's Business Scale-up and Productivity stream helps 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. |
Futurpreneur Canada |
Futurpreneur Canada helps youth (ages 18 to 39) start and run a successful business. Learn how to apply for pre-launch coaching, business resources, start-up financing and mentoring. |
Industrial Research Assistance Program |
The National Research Council of Canada's Industrial Research Assistance Program can provide you with both technical and business advice and services. Find out about the potential financial support available to Canadian small and medium-sized enterprises. |
Southern Ontario Fund for Investment in Innovation |
The Southern Ontario Fund for Investment in Innovation supports growth or expansion of innovative companies based in Southern Ontario. They offer loans of $150,000 to $500,000 to create jobs in our communities. |
Regional Innovation Ecosystems |
This stream targets projects that help create an innovation-friendly entrepreneurial environment that fosters that growth and productivity of businesses in a region. |
Canada Cultural Spaces Fund |
Canada Cultural Spaces Funds supports the improvement of physical conditions for arts, heritage culture and creative innovation. The supports renovation and construction projects, the acquisition of specialized equipment and feasibility studies related to cultural spaces. |
Sustainable Development Technology Canada |
Sustainable Development Technology Canada provides funding to enterprises with seed, start-up and scale-up stages to accelerate Canadian companies to become global leaders. |
Strategic Innovation Fund |
Business Innovation Growth stream fosters the development of for-profit businesses so that they can invest, grow and create jobs for the prosperity of Canada by R&D/commercialization, firm expansion and investment attraction. |
Prince's Trust Canada |
Prince's Trust Canada programs for Veterans help them tap into entrepreneurial potential. |
Science and Technology Internship Program - Green Jobs |
Science and Technology Internship Program - Green Jobs provides funding to eligible employers across Canada to hire and mentor youth in the natural resources sector, including in energy, forest, mining, earth science and clean technology. |
Innovative Solutions Canada |
Innovation Solutions Canada is an initiative designed to stimulate technology research, development and commercialization of Canada innovations. The program's Challenge Stream and Testing Stream help startups and small/medium-size businesses overcome technology testing development hurdles so that they can produce globally-demanded products and services. |
Black Entrepreneurship Loan Fund |
The Black Entrepreneurship Loan Fund provides loans to support Black business owners and entrepreneurs across Canada and lay the foundation for future success and long-term change. |
Federal Agricultural Support Programs |
Agriculture and agri-food programs and services that provide innovation, sustainable farming, business development, risk management, trade and market development. |
BioTalent Canada |
BioTalent Canada is a wage subsidy program that provides financial support to bio-economy employers to reduce the risk of hiring talent. |
Business Development of Canada |
Business Development of Canada provides financial support and advisory services with a focus on small and medium-sized enterprises. New grant includes CDAP that provides assist in closing the digitalization gap between Canadian businesses and their global competitors. |
Canada Council for Arts |
Canada Council for Arts provides a several programs and financial supports for the creative arts entrepreneurs. |
Canada Media Fund |
Through many program, the Canada Media Fund supports a dynamic environment where creators, producers, broadcasters, and distributors partner to generate content for Canadians and global audiences to enjoy. |
Canada Small Business Financing Program |
Canada Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. |
Canada Summer Jobs Wage Subsidy |
Canada Summer Jobs provides wage subsidies to employers from not-for-profit organizations, public sector and private sector organization with 50 or fewer full-time employees to create quality summer work experiences for young people aged 15 to 30 years. |
Employment and Social Development Canada |
Funding programs available through the Employment and Social Development Canada to support job training and social development. |
Export Development Canada |
Export Development Canada is a Crown corporation dedicated to helping Canadian companies of all sizes succeed on the world stage with their export needs. |
The Foundation Assisting Canadian Talent on Recordings |
FACTOR provides assistance towards the growth and development of the Canadian music industry. |
Farm Credit Canada |
Farm Credit Canada is the largest lender to agriculture and agri-food businesses by providing financing and other services to primary producers and the agriculture supply chain. |
Community Economic Development and Diversification |
Funding under Community Economic Development and Diversification aims to generate sustainable, inclusive growth and help small and rural communities in southern Ontario to fully participate in and benefit for economic opportunities. |
First Nations and Inuit Employment Strategy |
The First Nations and Inuit Skills Link Program helps First Nations and Inuit youth acquire essential employment skills and learn about job and career options. The First Nations and Inuit Summer Work Experience Program provides youth with summer employment opportunities where they can gain work experience and develop important skills such as communication, problem-solving and teamwork. |