What is the leveraged funding ratio target for the entire OMAFRA/U of G Research Program? Is there a minimum or maximum leveraged funding ratio target for individual projects?
For the entire OMAFRA/U of G Research Program, the target is to achieve leverage of $1 of partner funding for every $1 invested of OMAFRA/U of G Research Program operating funds. However, there is no minimum or maximum leverage ratio targeted for an individual project — there may be zero leverage, or there may be a multi-fold leverage (2X?, 4X?, 10X?). In some cases, it may be difficult to obtain leveraged funds, depending on the nature of the project and the ability of the sector to offer supporting funding. In other cases, leveraged funding may be very easy to find/obtain. Remember that funding from any source is worthwhile leverage (Tri-Council grants, other federal or provincial research funding; industry or producer group support, etc.) and should be included in the listing of partner contributions.
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