The Rural Innovation Initiative Eastern Ontario (RIIEO) Local Stream provides non-repayable performance-based funding from $25,000 up to $100,000. Its purpose is to support and transition SMEs in local CFDC communities in expanding business growth and the adoption of new advanced business innovation processes.
Please contact your local CFDC office or click here for a complete listing of CFDC offices throughout Eastern Ontario.
RIIEO also provides a Regional Stream, administered by the Northumberland CFDC. It provides non-repayable performance-based funding of a minimum of $100,000 to accelerate the growth of SMEs who are scaling on the innovation track and provide benefits to multiple communities within Eastern Ontario. For more information or to apply, please visit the Northumberland CFDC website.
This initiative is made possible with funding from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) to support the transition and growth of traditional SMEs, manufacturers and communities into the new rural economy, driving direct investments by private companies in innovation capital producing aggregate local and regional effects.