Regional Economic Growth Through Innovation & Southern Ontario Prosperity Program — Indigenous

Type
GRANTS AND FUNDING
Application Difficulty
MEDIUM
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is designed specifically for Indigenous businesses and organizations in southern Ontario. It offers a unique opportunity to access funding that can help you grow and achieve your business goals. There is no deadline to apply, and you can contact the dedicated team directly to discuss your project ideas.

What You Get

  • Funding for increasing production capacity and purchasing new equipment
  • Support for developing new products, services, or solutions
  • Access to expertise and services necessary to complete your project
  • Opportunities to participate in trade shows and business functions for market development
  • Strengthening business, management, and marketing capacity
  • Attracting and developing workers

Why This Program Stands Out

  • Flexible funding options tailored to your specific needs
  • No need to complete an application form before contacting the team
  • Direct support from experienced officers to guide you through the process

By being approved for this program, you can significantly enhance your business operations, expand into new markets, and contribute to the economic development of your community. The process is straightforward, making it easier for you to qualify and benefit from the available resources.

Financing Details

Type of Financing:

  • Grant: This program provides non-repayable grants to eligible businesses and organizations.

Eligible Expenses:

  • Production Capacity: Funds can be used to increase production capacity, including purchasing and installing equipment.
  • New Products and Services: Development of new products, services, or solutions.
  • Project Completion: Accessing necessary services or expertise to complete your project.
  • Market Development: Participation in trade shows, business functions, or other market development activities.
  • Business Capacity: Strengthening business, management, and marketing capacity.
  • Workforce Development: Attracting and developing workers.
  • Community Investment: Investing in businesses in your region and providing financial support to advance community interests.

Ineligible Expenses:

  • Funds cannot be used for personal expenses, debt repayment, or any activities not directly related to the approved project.

Fees:

  • There are no fees associated with applying for or receiving this grant.

Qualifications

  • Must be an Indigenous business or entrepreneur.
  • Must be an Indigenous economic development corporation (IEDC).
  • Must be an Indigenous not-for-profit organization or association.
  • Must be located in southern Ontario, within one of the 37 Statistics Canada census divisions:

    • Brant
    • Bruce
    • Chatham-Kent
    • Dufferin
    • Durham
    • Elgin
    • Essex
    • Frontenac
    • Grey
    • Haldimand–Norfolk
    • Haliburton
    • Halton
    • Hamilton
    • Hastings
    • Huron
    • Kawartha Lakes
    • Lambton
    • Lanark
    • Leeds and Grenville
    • Lennox and Addington
    • Middlesex
    • Niagara
    • Northumberland
    • Ottawa
    • Oxford
    • Peel
    • Perth
    • Peterborough
    • Prescott and Russell
    • Prince Edward and Lambton
    • Renfrew
    • Simcoe
    • Stormont, Dundas and Glengarry
    • Toronto
    • Waterloo
    • Wellington
    • York
  • Disqualifications:

    • Businesses or organizations not located in southern Ontario.
    • Non-Indigenous businesses or organizations.

Description

This program offers funding to support Indigenous businesses and organizations in southern Ontario. You can receive financial assistance to help your business grow and thrive.

You can use the funding for:

  • Increasing production capacity by purchasing and installing new equipment.
  • Developing new products, services, or solutions.
  • Accessing necessary services or expertise to complete your projects.
  • Participating in trade shows and business functions for market development.
  • Strengthening business, management, and marketing capacity.
  • Attracting and developing workers.
  • Investing in businesses in your region to advance community interests.

If you are part of an Indigenous not-for-profit organization, you can also receive funding to:

  • Provide services for Indigenous businesses and entrepreneurs, such as access to capital, networking, and mentoring opportunities.
  • Enable participation in new or growing sectors for First Nations, Métis, and Inuit Peoples.
  • Support a skilled workforce for Indigenous businesses.
  • Increase technical and managerial capacity through new equipment, software, and training.

This program is a great opportunity for your business to access the resources needed to expand and succeed.

Program Steps

  1. Contact FedDev Ontario: Reach out to the dedicated team at [email protected] to discuss your project idea and get guidance on navigating the available programming and services.

  2. Prepare Documentation: Gather the necessary documents to support your application. These may include:

    • Business plan
    • Financial statements
    • Project proposal
    • Quotes for equipment or services
    • Proof of Indigenous ownership or leadership
  3. Discuss Project Details: Work with FedDev Ontario officers to refine your project idea and ensure it aligns with the program's objectives. They can help you understand the full eligibility requirements and provide feedback on your proposal.

  4. Submit Proposal: Once your documentation is ready and your project details are refined, submit your proposal to FedDev Ontario for review.

  5. Review Process: FedDev Ontario will review your proposal to ensure it meets all criteria and aligns with the program's objectives. They may request additional information or clarification during this stage.

  6. Approval and Funding: If your proposal is approved, discuss the final terms and conditions of the funding. Once agreed upon, the funds will be disbursed to support your project activities.

  7. Implement Project: Use the funds to carry out your project as outlined in your proposal. Ensure you keep detailed records of expenses and progress.

  8. Report Progress: Provide regular updates to FedDev Ontario on the progress of your project. This may include financial reports, milestones achieved, and any challenges encountered.

  9. Complete Project: Upon completion, submit a final report detailing the outcomes and impact of your project. This helps demonstrate the success and benefits of the funding received.

Visit Program Website