Regional Economic Growth Through Innovation & Southern Ontario Prosperity Program — Not-for-profit organizations
ON, Canada
Funds for Southern Ontario not-for-profit organizations helping businesses
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|fromMinToMax
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateNovember 14, 2019
- grant_single|closingDateNovember 09, 2023
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Educational services
- Health care and social assistance
grant_single|grantors
- Government of Canada
- Federal Economic Development Agency for Southern Ontario (FEDDEV)
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grant_card_status|open
grant_card_status|closingSoon
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Apply for a non-repayable contribution, from $125,000 up to $10 million to assist businesses in southern Ontario to help them scale-up by commercializing new products and services, increasing productivity and talent attraction, becoming more globally comp
grant_single_labels|projects
This grant opportunity is specifically tailored for organizations operating within the FedDev Ontario jurisdiction. The funding aims to support regional economic development and innovation in southern Ontario.
- Organizations located in southern Ontario.
grant_single|admissibleProjectsExample
$1,200,000
Launching a green energy microgrid to power remote communities
$800,000
Building an inclusive co-working space for tech startups in downtown Toronto
$1,000,000
Implementing IoT technology in agriculture to increase efficiency
$650,000
Developing a new AI-driven supply chain optimization software for local manufacturers
$500,000
Creating a digital tourism platform to boost visitor engagement
$2,000,000
Developing a bioplastics manufacturing plant to reduce plastic waste
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements focused on organizational type and project alignment.
- The applicant must be a not-for-profit or a community development organization.
- The project must create a thriving innovation and entrepreneurship environment.
- The project must foster inclusive and sustainable economic growth.
- The project must support new entrepreneurs through mentorship and training.
- The project must aim to transform and diversify local economies.
grant_eligibility_criteria|who_can_apply
Not-for-profit and community development organizations that:- Create a thriving innovation and entrepreneurship environment.- Foster inclusive and sustainable economic growth.- Support new entrepreneurs through mentorship and training.- Transform and diversify local economies.
grant_eligibility_criteria|eligible_expenses
This grant supports projects that contribute to a thriving innovation and entrepreneurship environment and foster inclusive and sustainable economic growth. Eligible activities also include initiatives that transform and diversify local economies while focusing on advanced technology adoption and industrial transitions.
- Creating a thriving innovation and entrepreneurship environment.
- Fostering inclusive and sustainable economic growth.
- Supporting new entrepreneurs through mentorship and training.
- Transforming and diversifying local economies.
grant_single_labels|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
grant_single_labels|register
- 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.
grant_single_labels|otherInfo
Additional relevant details for this grant:
- The application process is designed to be user-friendly, with support from FedDev Ontario to assist in certain stages.
- There is flexibility in project focus to cater to various economic needs, such as zero-emission technology and industrial transition.
- FedDev Ontario emphasizes the importance of inclusive projects that benefit underrepresented groups and communities across different regions.
Apply to this program
Empowering Innovation and Economic Growth with FedDev Ontario
This grant initiative from FedDev Ontario offers non-repayable contributions to not-for-profit and community development organizations aiming to create a dynamic landscape for innovation, entrepreneurship, and inclusive economic growth. Projects aligning with clean economic growth, technological advancements, and industrial transformation are prioritized to help diversify and strengthen the local economies.
Detailed Insights into FedDev Ontario's Grant Program
FedDev Ontario's grant program is an instrumental part of supporting and bolstering local economies by fostering an environment conducive to innovation and entrepreneurship. Primarily aimed at not-for-profit and community development organizations, this grant offers substantial financial support ranging from $125,000 to $10 million. The goal is to accelerate the development of projects that contribute to sustainable economic growth, promote inclusivity, and support the entrepreneurial journey through mentorship and training.
This funding initiative is underpinned by specific strategic priorities such as clean economic growth, which encourages projects that focus on reducing emissions and creating green jobs, thereby contributing to a sustainable future. Projects that align with the development and growth acceleration of companies, particularly in sectors such as artificial intelligence, digital health, and agri-tech, are also given special attention. This focus not only supports emergent technology sectors but also aids traditional industries in adopting modern technologies to boost efficiency and productivity.
Another focal point of the grant is the industrial transition, urging traditional sectors to incorporate new technologies and innovations. Such adaptation is crucial for increasing competitiveness and opening new market opportunities, notably with the integration of automation in manufacturing processes. Additional consideration is given to projects targeting zero-emission vehicle transitions and housing manufacturing innovations, reflecting FedDev Ontario's commitment to sustainable industrial practices.
Inclusivity and equitable economic development are at the core of FedDev Ontario's values. The grant actively seeks projects that extend opportunities to underrepresented groups and stimulate growth across diverse regions, ranging from urban centers to small and rural communities. This approach not only enhances regional economic capabilities but also ensures that benefits are widely shared among different social demographics.
Prospective applicants are encouraged to engage with FedDev Ontario at any time to discuss their project ideas, understand eligibility criteria, and get tailored advice. Even though applications are not currently being accepted, the next intake periods are scheduled for fall 2024 and winter 2025, providing ample opportunity for organizations to prepare their submissions.
Ultimately, FedDev Ontario's grants are designed to cultivate a thriving environment for innovation and economic growth, providing organizations with essential resources to realize impactful projects that benefit society as a whole. This structured support is crucial for enabling long-term advancements in the economy, promoting sustainability, and driving technological and industrial progress across Ontario.
