Regional Economic Growth Through Innovation & Southern Ontario Prosperity Program — Not-for-profit Organizations ### 📋 Eligible Entities - Not-for-profit organizations registered in Ontario - Organizations operating in Southern Ontario (eligible regions as defined by the program) - Entities with a primary focus on supporting business innovation and economic development - Organizations that can demonstrate capacity to deliver project outcomes - Entities in good standing with federal and provincial tax authorities - Organizations without any outstanding audit findings or compliance issues ### 💰 Funding Details - Grant Size: $125,000 to $10,000,000 (non-repayable contribution) - Repayability: Non-repayable (no loan component or repayment obligation) - Matching Requirements: Specific cost-sharing percentages vary by project scope; applicants should confirm exact matching ratios with program administrators - Funding Model: Contribution-based disbursement tied to milestones and deliverables - Payment Structure: Likely reimbursement-based or milestone-triggered payments ### 🛠️ Approved Expenses - Commercialization Support: Development and launch of new products and services - Productivity Enhancement: Technology adoption and process improvement initiatives - Talent Attraction & Retention: Programs to recruit and develop skilled workers - Global Competitiveness: Export marketing, market research, and internationalization activities - Infrastructure & Equipment: Capital investments supporting business scale-up - Professional Services: Consulting, training, and advisory support - Research & Development: Innovation-focused projects with commercial viability ### ⚠️ Conditions & Milestones - Geographic Focus: Projects must benefit businesses or economic activity in Southern Ontario - Project Outcomes: Measurable deliverables related to commercialization, productivity gains, or talent development - Reporting Requirements: Regular progress reports against agreed milestones and KPIs - Accountability: Auditable records and financial documentation required - Timeline: Project completion and milestone achievement within defined timeframes (specific duration TBD with program) - Eligibility Verification: Ongoing compliance with program criteria throughout funding period - **Use of Funds