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Regional Economic Growth Through Innovation & Southern Ontario Prosperity Program — Not-for-profit organizations

Up to $10,000,000
Type
Application Difficulty
EASY
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is tailor-made for not-for-profit organizations focused on innovation, economic growth, and community development in Southern Ontario. With funding available from $125,000 to $10 million, you can support initiatives that drive positive change in your community. Imagine being able to launch new projects that promote clean economic growth or implement advanced technologies without the need to repay the funds. This means you can pour all your resources into making a real impact, not worrying about future financial burdens.

Applying for this program is straightforward. You will benefit from non-repayable contributions, allowing you to focus on your mission. Whether you aim to enhance your services or transition to sustainable practices, this grant can act as a catalyst for your projects. In a nutshell, this program offers you the chance to secure substantial funding to turn your innovative ideas into reality, helping you to foster social impact while driving economic growth in your community.

Financing Details

Type of Financing
This program offers non-repayable contributions. That means the funds provided do not need to be paid back. Amounts range from $125,000 to $10 million. This is a fantastic opportunity for businesses looking to invest in innovative projects without the burden of repayment.

Eligible Expenses
The funding can be used for a range of expenses related to projects that focus on innovation, entrepreneurship, and local economic transformation. This includes costs associated with clean economic growth, technology development, and industrial transition. You can use these funds to support your organization's initiatives and drive meaningful change in your community.

Use of Funds and Fees
Funds from this program should not be used for general operating expenses or projects lacking a clear focus on innovation and economic growth. Always check specific guidelines to ensure you’re using funds appropriately. There are typically no fees associated with receiving these contributions, making it even easier for you to access the resources you need to succeed.

Qualifications

  • Business Type: Must be a not-for-profit organization.
  • Location: The business must be based in Southern Ontario.
  • Funding Amount: Eligible for funding contributions between $125,000 and $10 million.
  • Employees: No minimum or maximum employee requirements.
  • Company Revenue: No minimum or maximum revenue qualifications.
  • Legal Structure: All legal structures are applicable.

Disqualifications:

  • Profit Structure: For-profit organizations do not qualify.

Description

You can receive non-repayable contributions between $125,000 and $10 million for your not-for-profit organization. This funding is designed to foster innovation and stimulate local economic transformation. It's an excellent opportunity to launch or expand projects that focus on clean economic growth, technology, and industrial transition.

The money can be used to support initiatives that promote entrepreneurship and inclusive growth within your community. Whether you’re looking to develop new technology or implement sustainable practices, this funding can be tailored to meet your unique needs and goals.

There are no conditions to repay the funds, which means you can focus entirely on your mission without worrying about any future payments. This program is a valuable resource for driving change and making a significant impact in Southern Ontario.

Program Steps

  1. Visit the Program Website
    Start by accessing the program’s official website to gather all necessary information about the application process.

  2. Prepare Required Documentation
    Gather the following documents needed for your application:

    • Proof of your not-for-profit status
    • Detailed project proposal outlining your initiative
    • Budget plan detailing how the funds will be used
    • Financial statements for the past two years
    • Letters of support or partnership agreements (if applicable)
  3. Complete the Application Form
    Fill out the application form with accurate and comprehensive information about your organization and project.

  4. Submit Your Application
    Once all documents and forms are complete, submit your application through the online portal specified on the program website.

  5. Follow Up
    After submission, keep track of your application status and be sure to respond promptly to any additional requests from the program administrators.

  6. Prepare for Implementation
    If approved, start planning how to effectively implement your project, ensuring that you meet all guidelines outlined in your application.

Visit Program Website