This paper discusses an ontology-based text mining method (OTMM) for efficiently selecting and assigning research project proposals to experts, addressing the challenges posed by increased submission volumes. Traditional methods for grouping proposals and reviewers often yield inefficient results due to manual processes or keyword-based approaches, which the proposed OTMM improves by utilizing semantic grouping. The paper presents a systematic methodology that integrates genetic algorithms for proposal balancing and demonstrates improved performance metrics over existing techniques.