- Loyalist Industrial Tax Increment Equivalent Grant (TIEGs) - Through Loyalist Township's Industrial Community Improvement Plan (CIP), an Industrial TIEG is available to encourage the improvement of industrial property with buildings that leads to significant employment and assessment growth. Explore the CIP for grant details and how to apply.
- Brownfields Community Improvement Plan Incentives - Loyalist Township's Brownfields CIP offers 4 grant opportunities including: Environmental Study Grant, Brownfields Tax Assistance Program, Brownfields Fees Grant Program, and Brownfields TIEGs. Explore the Brownfields CIP for details on each and how to apply.
Financial Support for Businesses
Loyalist Township works closely with Lennox & Addington County's Economic Development office to support businesses in Loyalist. With a variety of funding options available to business owners, it can be hard to know where to start.
Contact the County's Economic Development office at 613-354-4883 ext. 3234 for assistance with:
- Grants and subsidies
- Tax incentives
- How to prepare and submit applications
- How to secure loans and investments
- How to create a financial plan and strategize for future growth.
Check out the list below highlighting a few of the funding options available locally and beyond.
Loyalist Township Funding Opportunities
Lennox & Addington County Funding Opportunities
- Industrial Property Tax Incentive Grants (TIEGs) - Property tax incentives are available for the development and expansion of “greenfield”, or previously undeveloped, industrial properties. Get in touch with the County's Economic Development Office to learn more.
- Naturally L&A Activation Fund - Lennox & Addington's Economic Development Office is offering the opportunity to receive funding for new event creation, existing event enhancement, or new tourism products/activities. Plus, successful applicants receive dedicated marketing support!
- FedDev Ontario - Through funding opportunities for businesses across southern Ontario, FedDev Ontario helps businesses and organizations in Canada’s most populous region to grow and compete.
- Eastern Ontario Development Fund - Provides financial support and services to existing companies, municipalities, and non-profits with the goal of generating broad positive regional economic impact in eastern Ontario.
- Starter Company Plus - Whether you are starting, expanding, or buying a small business, this grant offers business owners the opportunity for one-on-one guidance, access to workshops and networking events, as well as funding to assist with initial start-up costs.
- Start a Summer Company - Calling all young entrepreneurs. Learn to manage your own summer company. Sales, marketing, bookkeeping, customer relationship management and networking are just a few of the highly useful skills you’ll develop through this program.
- Community Futures Ontario - Community Futures Development Corporations (CFDCs) provide financing to help new or existing businesses with start-up, expansion or stabilization plans that help maintain or create jobs in northern and rural parts of Ontario.
- Canada Small Business Financing Program - Working in partnership with financial institutions, this program makes it easier for small businesses to get loans by sharing the risk with lenders.
- Futurpreneur - The only national non-profit organization that provides young, aspiring entrepreneurs across Canada with the loan financing, mentorship and resources they need to start or buy a business, Futurpreneur supports business owners ages 18-39.
- Strategic Response Fund - Aimed to help Canadian industries innovate, adapt and compete in a changing global economy, this Fund supports large-scale, transformative projects that build economic resilience, strengthen supply chains and protect good jobs in key sectors such as steel, aluminum, automotive, forest products, AI and advanced technologies.
- Business Benefits Finder - Get a tailored list of all programs and services across Canada for entrepreneurs, businesses, and non-profit organizations.
Business Development Canada
Supporting Canadians since 1944, the Business Development Bank of Canada offers a number of loans and grants including:
- Small Business Loan
- Commercial Real Estate Loan
- Start-up Financing
- Pivot to Grow Loan
- Business Accelerator Loan
- And more!
Export Development Canada
Looking to grow internationally? Export Development Canada (EDC) is Canada’s export credit agency and a Crown corporation with a mission to strengthen Canada’s economy through global trade. Find support with:
- Trade credit insurance
- Direct lending
- Structured and project financing
- Investments
- And more!
Contact Us
Loyalist Township
Box 70, 263 Main Street
Odessa, Ontario K0H 2H0
Tel: 613-386-7351
info@loyalist.ca
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