Grant for Hardship Recovery of Small Businesses & Nonprofits in Ontario (Canada)
GrantID: 21010
Grant Funding Amount Low: $5,000
Deadline: Ongoing
Grant Amount High: $25,000
Summary
A regional grant opportunity provides one-time awards designed to help small businesses and nonprofits recover from economic challenges. Applicants must be located in the specified state—particularly focusing on areas impacted by recent disruptions—and must demonstrate both operational need and a plan for maintaining stability.
The grant offers support ranging from approximately $5,000 up to $35,000, with funds intended for working capital, lease or equipment payments, existing debt refinancing, or payroll assistance. Funds are intended to increase business resilience and enable a stronger return to normal operations, rather than supporting new initiatives.
Eligible applicants include registered small businesses—such as home-based ventures, sole proprietorships, and mobile enterprises—as well as nonprofit organizations. Most are required to have under 50 employees and annual revenue below $5 million, in good standing with local and state authorities. Applicants must show economic distress or operational disruption, and provide basic financial documentation alongside a recovery strategy.
Grants are awarded on a rolling and annual basis, continuing until the funding pool is exhausted. While no specific collateral or credit score is required, recipients are selected based on demonstrated need and alignment with stated priorities.
The benefits to recipients include not only financial support but potentially access to complementary technical assistance—such as business coaching, financial planning, and advisory resources—enhancing the grant’s value beyond funding alone.
This grant opportunity reflects a commitment to support mission‑driven small business owners and nonprofit leaders in strengthening their operations and stabilizing their workforce, especially in regions hit hardest by recent economic shifts.
If you are located in Ontario and working in the area of Capital Funding, this funding opportunity may be a good fit. For more relevant grant options that support your work and priorities, visit The Grant Portal and use the Search Grant tool to find opportunities.
Eligible Regions
Interests
Eligible Requirements
