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Support Funding & Programs

Finding the right financial support for your business is essential for growth and success. Amherstburg is committed to helping businesses thrive by providing a central resource for available funding opportunities. Whether you're a startup, small business, or expanding enterprise, this page serves as a one-stop destination for grants, loans, tax incentives, and other financial assistance programs. 

Stay informed about the various funding programs that can help you invest in your business, innovate, and create new opportunities.

 

The Business Builder Loan is a collaborative initiative between the Town of Amherstburg and Community Futures Essex County (CFEC) to support local businesses by increasing awareness of available funding opportunities. While the Town is committed to fostering economic growth, CFEC serves as the primary funding provider for this program, offering financial assistance of up to $50,000 to help Amherstburg businesses start, grow, expand, or innovate. 

The Canada Small Business Financing Program  makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. 

Eligibility

Small businesses or start-ups operating in Canada, with gross annual revenues of $10 million or less.

Not eligible under this program: farming businesses (for a similar program for the farming industry, visit the Canadian Agricultural Loans Act Program

Available financing 

The maximum loan amount for a borrower is $1.15 million.

  • Up to a maximum of $1,000,000 for term loans for any one borrower, of which no more than $500,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment and of that amount, a maximum of $150,000 could be used for intangible assets and working capital costs. 
  • Up to a maximum of $150,000 for lines of credit. 

Click here for more information on how to apply for a loan

 

 

Boost Your Business Technology Grant offers:

  • up to $15,000 to develop a Digital Adoption Plan
  • up to $100.000 in 0% interest loan from Business Development Bank of Canada (BDC) to implement your plan
  • up to $7,300 to hire a skilled youth to implement the technologies that can propel your business forward

Find more details about the program here

Futurpreneur supports start-up founders ages 18-39. It is 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. 

New Start Ventures program aims to empower newcomers to Canada by providing essential training and support to help them create successful business ventures in Windsor-Essex. This program is funded by Libro Credit Union

The Rhyze Up! national accelerator addresses the unique aspects of women-founded or co-founded companies across Canada. This program builds on their award-winning Rhyze programming for women and has been tailored to help entrepreneurs identify an effective path to scaling up! 

 

Funded by the Ministry of Economic Development, Job Creation and Trade in partnership with the WindsorEssex Small Business and Entrepreneurship Centre, the Starter Company PLUS program offers:

  • 15 hours of in-person business training
  • Group mentorship sessions
  • One-on-one guidance from a Small Business & Entrepreneurship Centre business advisor 
  • Grant of up to $5,000
  • Mentorship from entrepreneurs and business professionals
  • Networking opportunities 

Find more information about the program at Starter Company PLUS 

The Strategic Innovation Fund (SIF) provides major investments in innovative projects that will help grow Canada's economy for well-being of all Canadians. 

The Strategic Innovation Fund is powered by Innovation Canada. 

 

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