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Whether your business is already established in Cobourg or you are in the process of relocating, you have a variety of options when it comes to programs and financial incentives. Cobourg's Economic Development team will assist you in sorting through the numerous incentive programs available.
And since Cobourg is classified as a rural community it allows us to tap into a variety of initiatives specifically created for rural communities.
Incentive Programs
| Community Futures Development Corporation |
| The Community Futures Development Corporation (CFDC) assists businesses with lending and grant programs for start-up or existing business. |
| Eastern Ontario Development Program |
| The Eastern Ontario Development Program (EODP) promotes economic development in rural eastern Ontario through Community Futures Development Corporation. |
| Eastern Ontario Development Fund |
| The Eastern Ontario Development Fund (EODF) offers money to businesses, municipalities and not-for-profit organizations for economic development in Eastern Ontario. |
| Rural Economic Development Program |
| The Rural Economic Development Program (RED) assists with the costs of projects that benefit rural Ontario through the Ontario Ministry of Agriculture, Food and Rural Affairs. |
| Apprenticeship Job Creation Tax Credit |
| The Apprenticeship Job Creation Tax Credit (AJCTC) is a non-refundable tax credit to employers who hire an eligible apprentice. |
| Apprenticeship Training Tax Credit |
| The Apprenticeship Training Tax Credit is available to employers who hire and train apprentices in certain skilled trades. |
| Excellence in Manufacturing Consortium |
| The Excellence In Manufacturing Consortium (EMC) helps manufacturers grow and become more competitive through knowledge, expertise and resources. |
| Southern Ontario Fund for Investment and Innovation |
| The Southern Ontario Fund for Investment and Innovation (SOFII) is an interest bearing loan to assist small and medium sized businesses through FedDev Ontario. |
| Canada-Ontario Job Grant |
| The Canada-Ontario Job Grant (COJB) is support for employers who are looking to purchase training for their employees. |
| Industrial Research Assistance Program |
| The Industrial Research Assistance Program (IRAP) provides financial support to qualified small and medium-sized enterprises for technology innovation. |
| Jobs and Prosperity Fund |
| The Jobs and Prosperity Fund helps your business compete in the global marketplace. |
| Investment Accelerator Fund |
| The Investment Accelerator Fund (AIF) helps Ontario based businesses in clean-tech, ICT and life sciences and health care sectors. |
| Ontario Exporters Fund |
| The Ontario Exporters Fund helps small and medium sized enterprises become export ready. |
| Achieving Innovation and Excellence in Manufacturing |
| The Achieving Innovation and Excellence in Manufacturing (AIME) offers manufacturers funds to offset training expenses related to supporting innovation and achieving a competitive advantage. |
| Export Market Access Program |
| The Export Market Access Program helps small and medium size organizations to access and expand growth in foreign markets. |
For a more extensive list of government incentives contact our Economic Development Team or visit the Canada Business Network website.
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