Grants - Eastern Ontario Development Program | PELA CFDC

             

Sep 21, 2017
EODP success story: Vicki’s Veggies gets products on the shelf more efficiently.

Click to read their story…
Investing in innovative technology or equipment?

Scroll down to find out if your project is eligible for funding through EODP...
EODP funding assisted with the development of specialized equipment for production of Stinson Studios unique wood pieces. Stinson produces high end sculptural burl art, cutting boards and salad bowls that are sold in art galleries and high end retails stores globally. The specialized technology developed allows for increased production to help meet ever growing demand for their work.
PELA CFDC is pleased to provide EODP support to Starlet in downtown Napanee. Starlet received $21,730 to support the expansion of their business and the creation of a new storefront. PELA CFDC is committed to support downtown revitalization and growth.
PELA CFDC is pleased to provide EODP funding to Goodyear Ltd of $50,000 to support a skills development initiative at the Napanee Ontario Goodyear plant. The funding will support the hiring of skilled trades and retraining for multi-skilled workers in the areas of production process and electrical maintenance.

Questions? 

Contact Katie Gould-Creasy
EODP Coordinator
613-476-7901 x 205

Eastern Ontario Development Program (EODP)

The Eastern Ontario Development Program or EODP, provides non-repayable funding for projects focused on business growth and economic development.

EODP funding is delivered by CFDCs in collaboration with the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) to promote the growth of new and existing businesses in rural communities.

You can view a presentation on PELA CFDC’s EODP outcomes, priorities and success stories from our latest EODP information session here.

Funding Info

EODP provides non-repayable funding of up to 50% of eligible costs for approved projects demonstrating measurable economic outcomes such as job creation, increased productivity, creation of new products and entering new markets.

Examples of eligible projects include:

  • Product prototyping, recipe testing, progressive marketing initiatives
  • Innovative technology - equipment, machinery, software
  • Specialized training or courses

Funding is also available to support startups, expansions, or the attraction of out-of-region businesses which will have a significant impact on job creation, and for projects that improve the larger business environment of Prince Edward or Lennox & Addington Counties.

To view of copy of the slides from our latest EODP informaton session, please click here.

How it works:

  • EODP will not support more than 50% of eligible project costs
  • Any costs incurred prior to the date of application will not be covered
  • Funding is not advanced. Approved expenses must be incurred and paid in full by the applicant and then submitted for 50% reimbursement

Apply Now:

It is recommended that you contact the EODP Coordinator prior to submitting an application.

Upcoming EODP Application Deadlines:

  • September 30th, 2017 with funding decisions being made in October
  • Further deadlines TBD

Applications are reviewed by staff for completeness and submitted to the committee for review. The committee is comprised of volunteer members of the PELA CFDC Board of Directors and is responsible for all funding decisions. 

Please be aware that funding is limited and demand is high. Not all eligible projects will receive funding.

Click the Links Below to Download EODP Applications: 

Note: Please download and save a copy of the application form to your computer prior to filling it out. Please do not fill out the application in your web browser as you will be unable to save a copy of your work.

 

Also Available: Collaborative Economic Development Projects (CEDP)

 

 

Provides $100,000 in funding to approved applicants for projects that invest in innovation capital and which will lead to business growth, job creation and economic diversification in Eastern Ontario—with benefits to multiple communities.

Collaborative Economic Development Projects (CEDP) will galvanize innovation capital investment across Eastern Ontario with a high emphasis on catalyzing the private sector and industry-led consortia to invest in projects that will directly result in business growth, job creation and economic diversification.  CEDP projects approved for funding will demonstrate benefits to multiple communities and promote broad-based collaborative economic development leading to a competitive and diversified economy, while contributing to the successful development of business/job opportunities and prosperous communities.
 
Matching non-repayable performance-based contributions will be made to CEDP recipients in the form of 50% reimbursement of eligible and approved costs ($100,000 for for-profit recipients and not normally in excess of $500,000 for not-for-profit recipients).
 
Find out more: www.financingandstrategy.com/cedp

 

 
 
“Dealing with the EODP was incredibly easy and the process required minimal time.  Staff was very helpful." - Howard Mahon, Wilton Tack
 
“Without PELA CFDC's support we would not have had the ability to take those much needed first big steps. You believed in us at a time when few did.” - Quincy Emmons, Fire X Protection
 
“We recommend the EODP funding to any business that believes in continuous improvement and development, and who is looking to fast forward business growth.” - Angela Lees, Calderwood Automation
 
"The connections I made and support system that was available during and after the program really helped.” - Renia Tyminski, Hallowell Gardens Centre
 
"The in class portion of the Ontario Self Employment Benefit Program was the most beneficial for me... I was given the resources and one-on-one guidance I needed to map out a successful plan.” - Rob Fenwick, Former SEB Client