Investing in Regional Diversification

Amount: up to $20,000,000 for NFPs

Eligibility Criteria

  • Incorporated not-for-profit organizations located in southern Ontario whose mandate includes economic development. To be considered, applicants must be working with private sector and other community stakeholders on projects that address capacity building or on-the-ground efforts to support the local economy, leading to enhanced opportunities for growth.

Cost Covered

  • Expansion of Economic Assets (Capacity building)
    • Industry/sector cluster development and expansion
    • Human capital retention and attraction
    • Implementation of community/regional action plans
  • Business Infrastructure
    • Business incubators
    • Supply chain analysis and development