SWODF/EODF Eligibility Criteria for 2025–2026 Funding
02/07/2025
Did you know that you can get your next big business project off the ground with Ontario’s most robust expansion funding programs?
If your business operates in Eastern or Southwestern Ontario and you’re planning a facility expansion, new equipment purchase, or job creation initiative, there are two highly relevant Ontario government programs to know about: the Eastern Ontario Development Fund (EODF) and the Southwestern Ontario Development Fund (SWODF).
These Ontario provincial funding programs offer grants and loans to support large-scale business growth and regional development, and the next application intake periods are open from June 30, 2025, through September 2026.
In this post, we’ll break down the SWODF/EODF eligibility criteria, funding amounts, and project requirements so you can prepare a strong application.
About the SWODF and EODF Funding Programs
The SWODF and EODF are two provincial funding programs designed to promote job creation, productivity, and innovation across Ontario’s regions.
These government funding programs both have two key streams:
- Business Stream: Targets high-impact business expansion projects.
- Community Economic Development Stream: Supports municipalities, economic development organizations, and consortia to invest in local infrastructure and strategic growth.
Visit our Ontario Government Funding page for a regional overview of other available support.
SWODF/EODF Funding Program Highlights
Available Funding
- Up to 15% of eligible project costs for businesses (combination of grant and repayable loan possible)
- Up to $1.5 million in funding for community economic development projects
Eligibility Criteria
Business Stream
- Located in Eastern or Southwestern Ontario
- Operating for at least three years
- Employing five or more full-time employees
- Committing to create at least five new full-time jobs
- Planning to invest at least $500,000 in expansion activities
Community Economic Development Stream
- Municipalities, nonprofits, or regional organizations promoting economic development
- Minimum investment of $100,000
- Projects must demonstrate broad regional benefits and private sector impact
Application Intake Periods (2025–2026)
Intake is currently open and ongoing until September 30, 2026, with review windows throughout the period. Applicants are encouraged to apply early to align with their internal planning and maximize funding potential.
How to Fund Your Business Expansion in Ontario
Securing government funding is more than meeting the EODF/SWODF eligibility criteria. It involves crafting a compelling application aligned with program objectives, backed by detailed financials, project plans, and job forecasts.
Ryan Canada’s team of government funding experts can help you optimize your application, meet deadlines, and unlock the full value of available incentives. Download our free Business Funding Guide or connect with our team today.
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