Regional Economic Growth Through Innovation & Southern Ontario Prosperity Program — Not-for-profit organizations
At a glance
- From 125,000$ to 10,000,000$
- 50% of project cost
- Open Date : November 14, 2019
- Closing date : November 09, 2023
- All industries
- Government of Canada
- Federal Economic Development Agency for Southern Ontario
Overview
Eligibility criteria
FedDev Ontario provides funding for not-for-profit and community development organizations that support companies in reaching their potential by fostering inclusive and sustainable economic growth. Eligibility criteria include:
- Organizations must create an innovation and entrepreneurship environment.
- Projects must focus on clean economic growth, growth companies, technology, or industrial transition.
- Projects should aim to diversify local economies and promote inclusive growth across different communities.
Who is eligible
There are eligible types of companies for this grant.
- Not-for-profit organizations
- Community development organizations
Eligible expenses
Eligible expenses for this grant may include:
- Costs directly related to the project's activities
- Salaries and benefits for project staff
- Materials and supplies
- Consultant fees
- Travel and accommodation expenses
- Overhead costs directly related to the project
Eligible projects & activities
Projects that are eligible for this grant should focus on creating a thriving innovation and entrepreneurship environment, fostering inclusive and sustainable economic growth, and transforming and diversifying local economies. Priority areas include clean economic growth, growth companies, technology projects, and industrial transition.
- Projects supporting the greening of the economy
- Projects accelerating innovation-led growth
- Projects in cutting-edge sectors like artificial intelligence and digital technologies
- Projects that support change in traditional sectors and develop new sectors for future opportunities
Evaluation & selection criteria
Evaluation and selection criteria for this grant include assessing the alignment of projects with funding priorities and potential impact on economic growth.
- Alignment with funding priorities
- Potential impact on economic growth
How to apply
- Step 1: Review the funding criteria and priorities
- Content: Understand the types of projects supported and the focus areas of the grant.
- Implications: Ensures alignment of your project with the grant's objectives.
- Step 2: Prepare your project proposal
- Content: Develop a detailed proposal outlining how your project aligns with the grant priorities.
- Implications: The quality of your proposal will impact the likelihood of receiving funding.
- Step 3: Submit your application during the designated intake period
- Content: Complete and submit the application form with all required documents.
- Implications: Missing the application deadline may result in your proposal not being considered.