What FedDev Ontario is

FedDev Ontario is the Federal Economic Development Agency for Southern Ontario — one of six regional development agencies that collectively cover the country. Its mandate is economic growth in the region, which means it funds companies that create jobs, develop technology, and build revenue in Southern Ontario.

For AI companies, FedDev is relevant because its priority sectors explicitly include AI, cybersecurity, digital health, and advanced manufacturing. Unlike SR&ED or IRAP, which fund R&D activity, FedDev funds scale-up — commercializing technology, expanding a team, building out infrastructure, entering new markets. It's designed for companies that have something working and need capital to grow it.

BSP vs RTRI — the two active streams

BSP stream

Business Scale-up & Productivity

$125K–$10M
TypeInterest-free repayable loan
CoverageUp to 50% of eligible project costs
RepaymentFull repayment required — schedule set in contribution agreement
Who it's forCompanies scaling an AI product, entering new markets, or building productivity-enhancing technology
FinancialsExternally reviewed or audited statements strongly preferred
Co-investmentMust demonstrate ability to fund 50%+ of total project costs
RTRI stream

Regional Tariff Response Initiative

Up to $1M
TypeNon-repayable grant
CoverageEligible project costs related to tariff response
RepaymentNone — grant, not a loan
Who it's forBusinesses with documented material impact from US or China tariffs
Qualifying trigger25%+ of sales to US or China, or direct tariff cost impact on inputs
Co-investmentRequired but threshold lower than BSP
Which stream to target first If you have documented tariff exposure, RTRI is the better option. It's non-repayable, capped at $1M, and has a lower application burden than BSP. BSP is the right stream if you're scaling without tariff exposure — but treat it as a 0% loan, not a grant. The repayment obligation is real and should factor into your cash flow planning from day one.

Who qualifies — the key criteria

Both streams share a core set of eligibility requirements:

For BSP specifically, externally reviewed or audited financials for the last two years are strongly preferred. A review engagement from a CPA is significantly cheaper than an audit and substantially improves the credibility of a BSP application.

What FedDev funds — and what it doesn't

Cost categoryBSP eligible?RTRI eligible?
Salaries for scale-up activitiesYesYes
Capital equipment and infrastructureYesYes
Marketing and market expansionYesLimited
Technology adoption and integrationYesYes
Pure R&D labour with no commercial outputNoNo
Working capital and general operationsNoNo
Land and buildingsNoNo

The key distinction from SR&ED and IRAP: FedDev is not an R&D program. It funds the commercialization and scaling of technology, not the research that produced it. A company building an AI product would use SR&ED and IRAP for the R&D phase and FedDev for the scale-up phase — the programs cover different stages of the same business.

How FedDev stacks with SR&ED FedDev covers capital expenditures and project costs involved in scaling. SR&ED covers the R&D tax treatment on eligible technical work within the same company. They target different cost categories — a company can be actively receiving BSP funding and filing SR&ED claims simultaneously, provided the same dollar isn't claimed under both. Ontario's OITC stacks on top of SR&ED regardless.

The Southern Ontario boundary

FedDev's jurisdiction is Southern Ontario — distinct from FedNor (Northern Ontario) and from the other regional agencies covering the rest of Canada. The boundary runs roughly along the French River and Lake Nipissing. Cities clearly in scope include Toronto, Ottawa, Hamilton, London, Kitchener-Waterloo, Kingston, Windsor, Barrie, and Peterborough.

If your company is headquartered outside Southern Ontario but has substantial operations there, it's worth calling FedDev directly — the boundary has some flexibility depending on where economic activity is occurring. The number is 1-866-593-5505.

Programs that work alongside FedDev

Tax credit

SR&ED + Ontario OITC

Up to $2.1M/yr

The most common FedDev stack. FedDev covers scale-up costs; SR&ED covers R&D tax treatment on the technical work. Different cost categories, no conflict.

Non-repayable

NRC IRAP

Up to $10M

IRAP covers R&D labour during development. FedDev covers commercialization. Sequential rather than simultaneous — they often fund different phases of the same product journey.

Non-repayable

Scale AI

40% of project costs

For manufacturers adopting AI in Southern Ontario, Scale AI and FedDev have been successfully combined. Requires careful cost allocation to avoid overlap.