The Regional Innovation Ecosystem (RIE) program funds a wide range of projects that develop industry clusters and consortia, build ecosystem capacity, and support business growth, competitiveness, and innovation. Administered by FedDev Ontario, the program provides new collaboration opportunities between businesses and other innovative organizations for enhanced growth and innovation potential.
- Amount: Up to 50% of eligible project expenses to a maximum $10 million in non-repayable contributions (government grants). Minimum ask of $500,000; requires project expenses of at least $1 million.
- Timeline: Applications are accepted through continuous intake and reviewed on a first-come, first-served basis. Projects must be complete by December 31, 2023.
- Eligibility: Southern Ontario-based non-profit organizations such as industry associations or consortia, post-secondary institutions, innovation centres, business accelerators and incubators, angel networks, Indigenous organizations, Community Futures Development Corporations (CFDCs), and municipalities or other municipal-type organizations.
- Project Focus: Growing clusters and consortia; ecosystem capacity building.
Posted: April 26, 2019. Updated: April 26, 2019.