Natural Products Canada (NPC) – Fast-Track to Financing Program
The Fast-Track to Financing Program supports projects that help to create strong business or commercialization plans to attract public financing or private investment to support the development, and eventual market entry, of natural product or technologies (Technology Readiness Levels (TRL) 4-9).
Comments on Funding:
Funding will take the form of a contribution of up to 40% of the costs of the expert(s), to a maximum of $25,000.
The applicant is required to contribute at least 60% of the cost over the project period. NPC’s contribution is non-dilutive, non-repayable funding.
The combined level of financial assistance from all government sources (federal, provincial, territorial, municipal) can not exceed 75% of eligible costs by SMEs and start-up companies and 100% of eligible costs by academic research institutes.
Minimum Eligibility Requirements:
NPC defines natural products or technologies as biologically-based innovations that benefit people, animals and the planet, and can be applied to a range of industries, including: food production and value-added agriculture; bioproducts and sustainability; human nutrition, health and wellness; animal health and nutrition; and water and waste management.
Companies or academic research institutes interested in applying to the Program should contact NPC at firstname.lastname@example.org.
An NPC team member will follow up with the applicant to review the Minimum Eligibility Requirements, in addition to the scope of the potential project.
Other Things to Note:
- NPC is a not for profit focused on Canadian natural product innovations that can replace synthetic products to benefit people, animals and the planet.
- Applications are accepted on an ongoing basis.
When It Ends: