Sector Adoption Program
$1,000,000
Grant
Description:
As part of the broader Critical Industrial Technologies initiative, the Sector Adoption (SA) Program is a challenge based multi-partner program that drives significant impact and advancement of a whole sector.
Comments on Funding:
Reimbursement of one-third of total eligible project costs, up to
$1,000,000. Maximum to be defined in the posted Challenge Statement
Continuous Intake
Eligibility:
Applicants must:
1. Be A small- and medium- sized enterprise (SME) with fewer than 500 global full-time employees.
2. have registered operations (R&D, manufacturing, product management, etc.) in Ontario and a valid CRA business number.
3. Applicants who have received over $500,000 of funding from OCI administered programs in their lifetime (excluding TalentEdge) are required to obtain OCI approval before a new application for funding is initiated. Your Business Development Manager can guide you through the process.
4. have a validated, innovative product/service or technology that can be a
solution to the SA Challenge for which they are applying.
5. a co-signatory to the Funding Agreement.
6. Additional Applicant eligibility requirements may vary by Challenge Statement.
Application Steps:
Applicants must:
1. complete a client intake form.
a. Please note completion of this form does notconstitute an application for funding.
An OCI Business Development Manager (BD)or CIT Sector Manager (SM) will contact you within two business days to discuss the opportunity. If you are already working with a Business Development and/or CIT Sector Manager, please indicate this in the form
2. If the proposed project meets program eligibility, criteria and suitability, a link to the Expression of Interest form will be sent to the lead Applicant.
3. Applicants should submit their EOI within the designated timeframe for review
a. Applicants whose EOI are selected by the EOI Review Panel will be invited to submit a Full Application to OCI through OCI’s online AccessOCI system
4. Complete the online Full Application forms on AccessOCI
5. Request your OCI BD to provide an endorsement of the application. The endorsement must be requested at least one week prior to the Challenge Statement deadline. Once the BD endorsement is provided, a submission button will become visible, and the applicant or BD will then be able to submit the application.
6. All submitted full applications will undergo an initial internal review by OCI for eligibility,
application completeness and eligible expenses. A list of any deficiencies will be sent to the applicant for revision.
7. Applicants who meet a minimum scoring threshold will be invited to present their proposals in person or by video conference to the Extern Review Panel (ERP).
8. The ERP makes funding recommendations to OCI’s Internal Review Panel (IRP), who makes the final decision.
9. Successful Applicants will be notified by OCI and provided an outline of conditions and additional information necessary to activate the project. Applicants who are not selected will be notified by OCI. Feedback on the decision can be provided by their BD.
Documentation Needed:
Applicants must submit:
1. Resumes/CVs from relevant team members
2. Letter of Support from the Industry Partner
3. IP Statement
Other Things to Note:
About the author
Maurice