Business Grants and Incentives

Need help starting or growing your business? Don't miss your opportunity to apply for eligible funding. The most popular grants, loans and incentives for small businesses in Springwater cover four project-related funding areas:

  • Business expansion
  • Capital investment
  • Hiring and training
  • Research and development

Funding

Community Improvement Plan (CIP)

The Township of Springwater's CIP supports local businesses and stimulates investment in the community. Learn more about the Township's grant and incentive program on the CIP page.

Summer Company

The Summer Company program helps students between the ages of 15-29 get start-up money and expert advice to kick-off a new summer business.

Youth Business Acceleration Program

Ontario's Starter Company Program helps young entrepreneurs between 18-29 years old start and grow a company. Eligible applicants can get:

  • Mentorship and advice
  • Entrepreneurship education and access to market intelligence
  • Up to $5,000 in funding

Transfer Payment Ontario

The Ontario government offers funding opportunities that your organization may be eligible for throughout the year. Funding is available through the Transfer Payment Ontario system.

You can use Transfer Payment Ontario to:

  • Register and submit for funding
  • Get information about available funding opportunities
  • Check the status of your active submissions for funding

Job grants

There are many programs to help subsidize wages, including:

Find more grants and incentives

Find out what else the Government of Canada can do for your business in Springwater by using their personalized search tool.

Tax credits

Visit the County of Simcoe's website for a list of tax breaks and credits that may help your business.