OTF — Seed Grant
Highlights
This program is tailored for you because it offers funding between $10,000 and $100,000, designed specifically to help organizations like yours enhance their service delivery and resilience. With this funding, you can invest in essential activities such as planning, piloting new programs, and bolstering your organization’s capacity for future growth. This is a significant opportunity to secure financial support without the stress of immediate repayment.
Benefits of applying include:
- Flexibility in Usage: You can allocate the funds based on the specific needs of your community.
- Operational Growth: This funding provides a chance to innovate and strengthen your programs, ensuring greater impact.
- No Repayment Pressure: Since this is a grant, you can focus on growth rather than financial burdens.
Applying for this program is straightforward, ensuring you can quickly access the resources you need to thrive. Don't miss out on this opportunity to uplift your organization and the community you serve.
Financing Details
Type of Financing
The financing offered through this program is a Grant. This means you do not have to repay the funds.
Funding Amount and Terms
Funding ranges from $10,000 to $100,000. The support is available for a duration of 6 to 12 months. There are no interest rates or repayment terms since this is a grant.
Eligible Expenses
Funds can cover a variety of expenses, including:
- Organizational planning
- Piloting a new program
- Capacity building for future programs
Ineligible Expenses
Funds cannot be used for:
- Personal expenses
- Loans or development costs for items unrelated to the program's goals
Fees
There are no hidden fees associated with this program, making it straightforward to access the funds you need.
Qualifications
- Must be a non-profit organization, Indigenous community, or a certain municipality/collaborative.
- Location: Business must operate within Ontario.
- Eligible sectors include:
- Sports and recreation
- Arts and culture
- The environment
- Human and social services
- Minimum Employees: No minimum employee requirement.
- Maximum Employees: No maximum employee limit.
- Minimum Company Revenue: No minimum revenue requirement.
- Maximum Company Revenue: No maximum revenue limit.
- Legal Structure: All legal structures are applicable.
- Profit Structure: Must be Not For Profit.
Disqualifications:
- Businesses not classified as non-profit organizations, Indigenous communities, or certain municipalities/collaboratives do not qualify.
Description
The program offers funding between $10,000 and $100,000 to support your business in improving resilience and service delivery. This money can help you with important activities like planning, pilot projects, and building your organization’s capacity for future growth. You have the flexibility to use these funds in a way that best meets the needs of your community.
You can expect to use this funding for a period of 6 to 12 months. It’s designed for non-profit organizations, Indigenous communities, and selected municipalities working in sectors such as sports, arts, the environment, or social services. This means you have a distinct advantage to elevate your programs without the immediate pressure of repayment, enhancing your capacity to serve your community effectively.
This is a valuable chance to secure financial support that empowers you to innovate and strengthen your operations. With the right funding, your business can thrive while delivering even greater impact to those you serve.
Program Steps
Gather Necessary Documentation
- Proof of your organization’s legal structure (e.g., registration documents)
- Financial statements or budget for the last fiscal year
- A project proposal outlining how you plan to use the funding
- Letters of support or partnership agreements, if applicable
- Any relevant research or data on community needs
Visit the Program Website
- Check for any updates or additional information regarding the funding program.
Fill Out the Application Form
- Complete all required fields accurately. Be clear and concise.
Attach the Required Documentation
- Include all documents gathered in step 1.
Review Your Application
- Double-check for completeness and accuracy.
Submit Your Application
- Follow the submission guidelines provided on the program website.
Await Confirmation
- Look for an email or notification confirming receipt of your application.
Prepare for Follow-Up
- Be ready to provide any additional information if requested by the program administrators.