How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the REGI — Regional Innovation Ecosystems?

REGI — Regional Innovation Ecosystems is funded by Federal Economic Development Agency for Northern Ontario (FedNor), Government of Canada

What are REGI — Regional Innovation Ecosystems's eligibility criterias?

The business must be located in Northern Ontario. The project must support regional innovation and economic development. The company must demonstrate the ability to complete the project.

REGI — Regional Innovation Ecosystems

Last Update: January 24, 2025

ON, Canada

Funding for organizations supporting business growth in Northern Ontario

REGI — Regional Innovation Ecosystems at a glance

Eligible Funding

No Condition

Timeline

Continuous Intakes

Financing Type

Other Support

Expert Advice

Eligible Industries

All industries

Grant Providers

Federal Economic Development Agency for Northern Ontario (FedNor)
Government of Canada

Status

Open

Overview of the REGI — Regional Innovation Ecosystems program

Your organization could get a financial contribution to assist businesses at all stages of development in scaling up and becoming more globally competitive. Investments will focus on enhancing business support networks for under-represented groups — inclu

Financing terms and conditions

This grant provides flexible financing modalities to support innovation ecosystems in Northern Ontario, promoting regional economic development. The modalities are designed to address diverse project needs and objectives.

Contribution agreements that specify maximum funding amounts based on project scope and objectives.
Reimbursement-based funding where expenses are reimbursed after submission and approval of claims.
Possibility of leveraging other funding sources in conjunction with the grant to maximize project impact.
Monitoring and reporting requirements to ensure compliance and project progress.
Focus on supporting projects that align with regional innovation and economic diversification goals.

Eligible projects & activities

This grant is designed to support the growth and enhancement of regional innovation ecosystems. It focuses on initiatives that foster collaboration and boost economic development in Northern Ontario communities.

Projects that enhance collaborative research and development efforts among academic, industry, and public sectors.
Initiatives that build or expand innovation infrastructure such as incubators and accelerators.
Programs that provide mentorship, training, and support to startups and scale-ups.
Activities that promote the commercialization of new technologies and innovation.
Efforts that strengthen regional networks and partnerships to increase competitiveness.

Examples of admissible projects:

$ 80,000

Create an online platform to enhance community economic development

$ 100,000

Develop a new AI-driven software to address inequities in healthcare access

$ 200,000

Develop a renewable energy startup to provide sustainable energy solutions

$ 150,000

Launch a sustainable farming cooperative to promote food security

Eligibility criteria of the REGI — Regional Innovation Ecosystems program

Applicants must be businesses located in Northern Ontario
Projects must demonstrate positive economic impacts on the region
Applicants must meet the specific criteria outlined in the grant application guidelines

Who is eligible?

The Federal Economic Development Agency for Northern Ontario (FedNor) grant applications are open to various organizations, including businesses, municipalities, Indigenous communities, and non-profit organizations that propose projects which can stimulate economic growth and development in Northern Ontario. Potential eligibility often extends to projects that demonstrate benefits in employment, innovation, productivity, inclusivity, and regional competitiveness, although specific applicant criteria may vary based on the funding initiative.

Who is not eligible

There are certain types of companies that are not eligible for this grant. These include:

Companies outside the specified geographic region
Companies operating in sectors not covered by the grant program
Companies that do not meet specific eligibility criteria outlined in the grant guidelines

Eligible expenses

The FedNor grant supports a broad range of projects aimed at enhancing economic development in Northern Ontario. These initiatives emphasize community development, business growth, and infrastructure improvement.

Community economic development to enhance local economies.
Support for small and medium-sized businesses to stimulate growth and innovation.
Infrastructure projects to improve connectivity and accessibility.
Initiatives promoting innovation and technology adoption.
Projects aimed at enhancing tourism in Northern Ontario.

Eligible geographic areas

The grant is aimed at supporting companies within the specified regions of Northern Ontario. The funding is directed towards regional development through innovation and support of local businesses.

Companies operating within Northern Ontario.

Eligibility criteria of the REGI — Regional Innovation Ecosystems program

There are evaluation and selection criteria for this grant. Applicants are assessed based on factors such as project alignment with FedNor priorities, economic benefits to Northern Ontario, capacity to implement the project, and financial viability.

Project alignment with FedNor priorities
Economic benefits to Northern Ontario
Capacity to implement the project
Financial viability

How to apply to the REGI — Regional Innovation Ecosystems program

Determine Program Eligibility

Review the eligibility criteria detailed on the FedNor website to ensure your project qualifies.
Evaluate the funding priorities and objectives of FedNor to align your project.

Create an account on FedNor's online application portal if you don't already have one.
Log in to access the application forms and guidelines.

Develop Project Proposal

Draft a comprehensive project proposal including a clear description, objectives, and potential economic impact.
Prepare a detailed budget and timeline for the project execution.

Compile Supporting Documentation

Gather all necessary documents such as financial statements, letters of support, and business plans.
Ensure all documents meet the criteria set by FedNor.

Complete the Application Form

Fill out the application form available on the FedNor portal with accurate information.
Attach the project proposal and supporting documentation as instructed.

Review and Submit Application

Review all information and documents to ensure completeness and accuracy.
Submit the application via the online portal before the specified deadline.

Confirmation of Submission

Receive an automated confirmation email acknowledging receipt of your application.
Keep a record of your application submission and confirmation details for follow-up.

Additional information

Here are additional relevant details for this grant:

The application requires the selection of a preferred language, either English or French.
Terms and conditions are available which outline the obligations of recipients and should be carefully reviewed.
The symbol of the Government of Canada is included in the application process, indicating federal oversight.