Regional Economic Growth Through Innovation & Southern Ontario Prosperity Program — Indigenous ### 📋 Eligible Entities - Indigenous-owned businesses (51% or more Indigenous ownership) - Indigenous entrepreneurs starting new ventures - Indigenous cooperatives and collective enterprises - Indigenous non-profit organizations engaged in economic activities - First Nations, Métis, and Inuit businesses operating in Southern Ontario - Businesses must be registered and in good standing with provincial/federal authorities - Must demonstrate Indigenous leadership and control of business operations ### 💰 Funding Details - Grant Type: Non-repayable contribution (grant, not loan) - Funding Range: Typically $25,000 to $500,000+ (subject to program year and available budget) - Matching Requirements: Often requires 20-50% applicant contribution (cash, in-kind, or sweat equity) - Coverage: Up to 50-80% of eligible project costs (depending on component) - No Repayment Required: Funds do not need to be repaid upon successful project completion - Currency: Canadian dollars - Disbursement: Typically staged payments tied to milestone achievement and reporting ### 🛠️ Approved Expenses Production & Capacity: - Equipment and machinery purchases - Facility upgrades and renovations - Infrastructure improvements Product & Service Development: - R&D salaries and professional fees - Prototype development and testing - Market research and feasibility studies - Business planning and strategy consulting Technology & Innovation: - Software and digital tools adoption - E-commerce platform development - Data systems and cybersecurity - Digital marketing infrastructure Human Capital: - Training and skills development for staff - Professional certifications - Recruitment and onboarding support Working Capital (limited): - Initial operating costs for new products/services - Marketing and promotion for new offerings ### ⚠️ Conditions & Milestones Key Requirements: - Submission of detailed business plan and project proposal - Indigenous ownership verification and documentation - Proof of business registration and tax compliance - Personal financial statements from owners - Environmental and social impact assessment where applicable