REGI — Funding for businesses

For growing companies that need significant capital to modernize operations, scale production, or enter new markets, large projects can be difficult to move forward without patient financing. The REGI — Funding for businesses initiative is designed for businesses ready to make those kinds of transformative investments, particularly in Southern Ontario. Delivered by the Federal Economic Development Agency for Southern Ontario, this program focuses on strengthening productivity, competitiveness, and long-term economic growth.

REGI supports ambitious projects by providing repayable, no-interest funding that can cover a meaningful share of project costs, often up to about half. Funding amounts can range from roughly $120,000 to several million dollars, making the program suitable for both established small and medium-sized businesses and larger enterprises planning major expansions. Supported activities commonly include workforce-related costs, specialized expertise, technology adoption, and a mix of capital and non-capital expenditures tied to innovation and growth. Businesses can also combine this support with other government funding, allowing larger projects to move ahead more quickly.

Because of the scale and structure of the funding, REGI is best suited to companies with clear growth plans and the capacity to manage larger, multi-phase projects. For business owners considering a major investment and wanting to understand how this program could fit into their financing strategy, exploring the full details can help clarify next steps and requirements.