Jobs and Growth Fund (JGF)
Receive up to 50% of Eligible Costs in Funding.
The Jobs and Growth Fund (JGF) is a $700 million federal program that invests in strengthening Canadian economies for long-term growth and jobs creation following setbacks from the COVID-19 pandemic.
Attention: This program is currently closed. You can speak with a member of our team about future intake periods or similar funding programs you may be eligible for, get email updates through our weekly newsletter, or look through our list of available funding programs in our directory page.
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Funding Amount
Eligible businesses, non-profits, and Indigenous organizations can access up to 50-90% of costs for economic growth projects.
Eligible Applicants
SME Businesses, Not-for-profit organizations, and Indigenous organizations are eligible to apply.
Amount of Funding
- Eligible businesses could receive interest-free repayable contributions for up to 50% of eligible costs
- Eligible not-for-profit organizations could receive non-repayable contributions for up to 90% of eligible costs
- Eligible Indigenous organizations may receive up to 100% of project costs for projects with Indigenous client
- Project contribution amounts do not normally exceed $10 million
Eligible Applicants
To be eligible for JGF funding for economic growth, applicants must be:
- SME Businesses, including co-operatives
- Not-for-profit organizations and community economic development partners
- Indigenous organizations
Eligible Activities
- Foster an inclusive recovery:
– Support businesses owned or majority-led by underrepresented groups
– Increase the participation of underrepresented groups in the economy by supporting not-for-profit organizations that provide funding, business services, training, etc. for a more equitable workforce - Preserve Canada’s competitiveness and future-proof SMEs through digital adoption:
– Support the development or adoption of digital and technological solutions (i.e. Industry 4.0) to increase and promote business productivity
– Invest in technologies that help scale businesses, enhance their capabilities and increase resilience - Strengthen the capacity in sectors critical to Canada’s recovery and growth:
– Support scale-up and market expansion activities
– Develop emerging areas of global competitive advantage
– Support supply chain adaptation and diversification opportunities in critical sectors such as food production, medical supplies, and biomanufacturing - Support the transition to a green economy:
– Support the development and adoption of clean technology
– Help communities and businesses plan and drive clean, sustainable economic growth
– Partner with organizations to catalyze the development of green regional cluster
– Work with organizations supporting businesses to transition to a green economy
Program Deadline
Speak with a member of our team to find the latest intake period info for this program or subscribe to our newsletter to be notified.