Comments on Funding:
Funding is up to 40% of the cost of the proof of concept project to a maximum of $250,000 over a maximum 18-month project period.
The applicant will be required to contribute 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.