Jobs and Growth Fund

The Jobs and Growth Fund provides funding to businesses and organizations to help create jobs and position local economies for long-term growth. The Fund, delivered by Canada's regional development agencies (RDAs), provides $700 million nationally over three years, which includes up to $70 million dedicated to businesses created after January 2020 that meet eligibility criteria.

In the territories, the Canadian Northern Economic Development Agency (CanNor) is investing $21 million to help job creators and the organizations that support them to future-proof their businesses, build resiliency and prepare for growth by transitioning to a green economy, fostering an inclusive recovery, enhancing competitiveness, and creating jobs in every corner of the country.

Eligible applicants

Indigenous applicants

Eligible activities

Activities that support the transition to a green economy, including those that:

  • 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 clusters.
  • Work with organizations supporting businesses to transition to a green economy.

Activities that foster an inclusive recovery, including those that:

  • Support businesses owned or majority-led by underrepresented groups, such as Indigenous peoples, members of racialized communities, women, youth, LGBTQ2, persons with disabilities, newcomers to Canada, and members of official language minority communities.
  • Increase the participation of underrepresented groups in the economy by supporting not-for-profit organizations that provide funding, business services, training and access to resources to build a more inclusive and equitable workforce.

Activities that preserve Canada's competitiveness and future-proof SMEs through digital adoption, including those that:

  • Support the development or adoption of digital and technological solutions (i.e. Industry 4.0 solutions) to increase and promote business productivity.
  • Invest in technologies that help scale businesses, enhance their capabilities and increase resilience.

Activities that strengthen capacity in sectors critical to Canada's recovery and growth, including those that:

  • Support scale-up and market expansion activities that bolster traditional areas of strength.
  • Develop emerging areas of global competitive advantage.
  • Support supply chain adaptation and diversification opportunities to build Canadian capacity in critical sectors such as food production, medical supplies and biomanufacturing.

Assistance available

Applications will be accepted on a continuous intake basis until such time as the funding is fully allocated.

For more information about the Jobs and Growth Fund, please contact us by email at cannor.operations.cannor@canada.ca or reach out to one of our regional offices.

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