Rural Innovation Initiative

Eastern Ontario (RIIEO)

Supporting innovative projects

The KLCFDC with the support of the Government of Canada through the Federal Economic Development Agency for Southern Ontario announced funding for innovation projects that strengthen Community and Economic Development and Diversification.

Program Guidelines

Support for Small to Medium Sized Businesses (SMBs) and Not-For-Profits (NFPs) for projects that expand business growth and allow SMBs to embrace the rapid pace of disruptive technologies by supporting the adoption of advanced business and innovation processes (for example: new materials, cutting edge services software, integrated solutions, cloud computing, rapid prototyping and engineering, robotics and automation, machine learning and extended intelligence, etc.). These projects should foster innovation, technology adoption and/or digital connectivity in our community.

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Projects must be located within the City of Kawartha Lakes.

Priority Consideration...

Priority consideration will be for projects in the following sectors:

  1. advanced manufacturing;
  2. clean tech;
  3. digital industries; and
  4. agri-food and food processing.

In addition, projects that take into account inclusiveness: youth; women entrepreneurs, Indigenous peoples, Official Language Minority Communities, persons with disabilities, immigrants and visible minorities will also receive additional consideration.

Projects must show...

  • The ability to create sustainable job creation/maintenance of jobs
  • Project should also show potential for sales growth
  • business expansion
  • strengthened competitiveness
  • access to new markets

Program Details...

  • Minimum project size $50,000 ($25,000 cash contribution from recipient, $25,000 funding).
  • Maximum contribution available for any project is $100,000.
  • All projects must be completed by December 31, 2020.

Please Note...

If you are an organization or business where there is an opportunity to integrate new and innovative technologies to further your growth but you require less than $50,000 to complete the task, we encourage you to speak with us and still consider completing an application. Your project should meet all of the other key eligibility criteria, including demonstrating measurable growth of your operation, employment generation, sales growth possibly through access to new markets. Possible projects could be: the addition of an e-commerce capacity to your web site, deployment of digital marketing processes, use of extended and/or artificial intelligence in your processes—these are only a few examples.

What is innovation?

Innovation generates value through the successful creation and commercialization of a new product or service, the application of a new process, the adoption of new technologies, models, structures or methodologies, access to new markets, or implementation of new ways to collaborate and communicate. It is focused on making businesses, organizations and communities more adaptive, effective, profitable, and sustainable by creating new wealth, new jobs and contributing to economic advancement and the industries of the future.

Source: Developed by Eastern Region CFDCs (2018)

Disruptive Technologies

From cloud computing and lithium ion batteries to 3D printing and containerization, find out more about the technologies that have done the most to shape the internet era.

31 Most Disruptive Technologies
 

We are not currently accepting applications

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For more information or to discuss your application please contact Programs Officer, Jennifer Bain at 705-328-0261 ex 27

*All projects are contingent upon receipt of funding from the Government of Canada/FedDev Ontario


RIIEO Recipients

2019-2020 RIIEO Recipients