Accessing Affordable Housing Solutions in Ontario

GrantID: 14369

Grant Funding Amount Low: $200

Deadline: Ongoing

Grant Amount High: $25,000

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Summary

If you are located in Ontario and working in the area of Small Business, this funding opportunity may be a good fit. For more relevant grant options that support your work and priorities, visit The Grant Portal and use the Search Grant tool to find opportunities.

Explore related grant categories to find additional funding opportunities aligned with this program:

Non-Profit Support Services grants, Small Business grants, Women grants.

Grant Overview

Priority Outcomes for Ontario Ventures: Driving Economic Growth and Innovation The Flexible Grant Funding for Emerging & Established Ventures is designed to support a wide range of applicants in Ontario, with a focus on driving economic growth and innovation across the province. In line with the goals of the Ontario government's Ministry of Economic Development, Job Creation and Trade, this grant opportunity prioritizes outcomes that foster a competitive business environment, stimulate job creation, and promote regional development.### Key Outcomes for Ontario ApplicantsFor applicants in Ontario, the priority outcomes of this grant include: 1. Job creation and retention: Supporting businesses that create new job opportunities or retain existing ones, particularly in regions with high unemployment rates or skills shortages. 2. Innovation and R&D: Encouraging innovation and research and development (R&D) activities that drive technological advancements and improve productivity in key sectors such as clean tech, life sciences, and information and communications technology (ICT).3. Regional economic diversification: Fostering economic diversification in regions outside of the Greater Toronto Area (GTA), such as Northern Ontario, to reduce economic disparities and promote more balanced growth.4. Increased competitiveness: Enhancing the competitiveness of Ontario businesses, particularly small and medium-sized enterprises (SMEs), by supporting investments in technology, skills development, and market expansion.The Ontario government's regional development policies, as outlined in documents such as the Northern Ontario Growth Plan, emphasize the need to support economic development in the province's northern regions. This grant opportunity is aligned with these policies, and applicants from regions such as Northeastern Ontario and Northwestern Ontario are encouraged to apply. The Ministry of Northern Development, Mines, Natural Resources and Forestry also plays a key role in supporting economic development in these regions.Ontario's diverse economy, which includes a strong presence of industries such as automotive manufacturing, finance, and technology, is a key distinguishing feature of the province. The grant's focus on innovation and R&D is particularly relevant in this context, as it aims to support the development of new technologies and business models that can drive future economic growth.### Measuring Success in OntarioThe success of this grant opportunity in Ontario will be measured by the achievement of the priority outcomes outlined above. Key performance indicators (KPIs) may include the number of jobs created or retained, the level of investment in R&D, and the growth of businesses in targeted regions and sectors. Applicants will be required to report on their progress against these KPIs as part of the grant's evaluation and monitoring process.Q: How will the grant funding be allocated among different regions in Ontario? A: The allocation of grant funding will be based on the quality of applications received and the alignment of proposed projects with the priority outcomes outlined above. While there is no specific quota for different regions, applicants from regions outside of the GTA are encouraged to apply.Q: What types of businesses are most likely to be successful in securing grant funding? A: Businesses with innovative ideas, a strong track record of job creation, and a clear plan for growth and development are likely to be competitive. Applicants with a focus on emerging technologies or sectors, such as clean tech or life sciences, may also have an advantage.Q: How will the grant funding be used to support women-led businesses in Ontario? A: While there is no specific set-aside for women-led businesses, applicants that demonstrate a commitment to diversity and inclusion, including the participation of women in leadership roles, will be viewed favorably. The grant's focus on supporting SMEs and entrepreneurs, which includes women-led businesses, is aligned with the goals of organizations such as the Ontario Women's Economic Council.

Eligible Regions

Interests

Eligible Requirements

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Grant Portal - Accessing Affordable Housing Solutions in Ontario 14369

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