Type of Program:
The Regional Innovation Ecosystem stream aims to create, grow and develop strong and inclusive regional ecosystems that support business growth and innovation, as well as the entrepreneurial environment necessary to foster more innovative regional economies and increase the competitiveness of SMEs.
Comments on Funding:
Funding is up to 50% of eligible project costs and ranges from $500,000 up to $10 million per project. Funding is a no-interest, repayable contribution.
Applicants provide minimum 50% cash contribution.
The maximum disbursement of a contribution that provides funding to SMEs as their ultimate recipient is capped at a maximum of $100,000 per SME under a FedDev Ontario project with a not-for-profit organization.
Total government funding is up to 100%.
When It Ends:
Applicants must be:
Applicants are strongly encouraged to contact FedDev Ontario prior to submitting an application.
FedDev Ontario has a single-phase application process and one Application for Funding that is used across all three Streams of innovation programming.
Applicants must demonstrate:
Other Things to Note:
All project activities must be completed by December 31, 2023.
Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe’s background and how he can help your business.