🏠 | Grant | R&D Partnership Fund – Electric Vehicle (EV) Stream 2

R&D Partnership Fund – Electric Vehicle (EV) Stream 2

Amount:

$1,000,000

Type:

Grant

Description:

The R&D Partnership Fund, Electric Vehicle (EV) Stream supports projects related to the development and demonstration of technologies in electric vehicles (EV) and battery manufacturing technologies in the following priority areas:
1. mass light vehicles, such as cars, trucks and vans;
2. heavy duty vehicles, including commercial vehicles, trucks, buses, recreational vehicles (RVs), and others used for goods movement;
3. charging infrastructure;
4. Intelligent Transportation Systems (ITS);
5. transit-supportive systems and vehicles.

Comments on Funding:

Funding is up to one-third of eligible project costs, to a maximum of $1,000,000, with the remainder contributed by Applicants and/or Partners.
Applicant and/or Partners must provide minimum two-thirds of total eligible project costs (i.e., minimum 2:1 match to OVIN contribution). Contribution match MUST be in the form of private sector contributions, and be unencumbered from other government grant sources.

This is a reimbursement program. Reimbursements are triggered by the submission and approval of quarterly reports.

Deadline:

Rolling deadline

Eligibility:

Applicants must:

1. Be small and Medium Enterprises (SME) defined as having fewer than 500 global, full-time employees.
2. have operations in Ontario and carry out their project in Ontario.

Eligible partners
1. Small and medium enterprises (SMEs)
2. National and multinational enterprises (NEs and MNEs)
3. Academic institutions (as clients only)
4. Municipalities
5. Indigenous communities
6. Not-for-profit organizations representing industry
7. Crown Corporations
8. Transit Authorities

Additional partners can also join the project. There is no limit on the number of partners. Partnerships should represent significant potential commercial opportunities for all parties.

Eligible Projects
1. One applicant and a minimum of one partner, as defined above.
2. Stream 2 supports a total budget of up to $3,000,000 over 24 months.
3. This program is not intended to prove feasibility or for basic technology research. Projects should be at Technology Readiness Level 3-9.
4. Typical project activities include technology development, demonstration, product/service validation, testing, and piloting.
5. Applicant and Partners should demonstrate close collaboration and scalable outcomes with high potential for commercialization, strong commercial pull, competitive advantage and alignment with intended program benefits.
6. Eligible projects MUST include demonstration of actual products that can be showcased in Ontario at events, on the road, to OCI and its partners, and/or at customer sites.

Application Steps:

Applicants must:

1. Complete a client intake form to inquire about the program and to open an application
2. OCI Business Development Manager (BD) will contact you to discuss the opportunity and assist you. Your OCI BD will also maintain oversight responsibility for the OCI components of any approved project.

Documentation Needed:

Applicants must submit:

1. Client Intake Form
2. the OCI Funding Agreement
3. the Full Proposal Questionnaire
4. Letter of Support Template
5. Data and Information Sharing Protocol (DISP) documents

Other Things to Note:

1. Application intakes are based on funding rounds throughout each year until December 31, 2025, or when all funds are committed. Funding round timelines are stated in the Programs Overview on the OVIN website.
2. The EOI submission deadline was on November 16, 2022

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.