Type of Program:
The Matching Investment Fund (MIF) provides eligible companies and Food Technology Centers (FTC) non-repayable contributions for product development projects on a matching investment basis.
Comments on Funding:
Funding is 50% of the eligible costs of the project, up to a maximum of $150,000 (before taxes). Of this amount, a maximum of $25,000 (before taxes) can be allocated to consultation activities, the remaining funds must be allocated to product development activities.
There is a small businesses incentive: funding goes up to 100% of eligible costs (before taxes) for the first $10,000 spent on a project. Additional eligible costs (before taxes) will be reimbursed on a matching investment basis (50%).
When It Ends:
Applicants must be:
First complete and submit the online MIF Project Summary Form,
Submit the Project Application Form, if selected.
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.