Ontario Bioscience Innovation Organization – Business Development Skills Program

Description:

OBIO’s Business Development Skills Program (BDSP™) grants funding for the training and development of employees and senior management who work for health science companies commercializing their intellectual property in Ontario. BDSP™ helps companies scale and grow by enabling key team members to enhance critical capabilities in-house.

Comments on Funding:

Funding is based on the number of full-time employees (FTEs) and their training and development needs:

  • up to $25,000 in financial support for 1 to 4 FTEs;
  • up to $40,000 in financial support for 5 to 15 FTEs;
  • up to $70,000 in financial support for 16 to 30 FTEs;
  • up to $90,000 in financial support for 30+ FTEs.

Eligibility:

Eligible companies must:

  • be companies which will access training courses and knowledge transfer opportunities from subject matter experts in areas specific to intellectual property commercialization;
  • be private health science companies;
  • have a presence in Ontario;
  • be developing technologies or providing services in areas such as therapeutics, medical devices, diagnostics or digital health technologies;
  • Program support is intended for full-time employees based in Ontario.
  • Successful applicants are required to be OBIO® Members.

Applications Steps:

Applicants must submit one application per company, submitted by a member of the senior management team.

Documentation Needed:

Once accepted into the program, companies will submit a formal statement of work and funding will be based on plan performance.

Other Things to Note:

No longer accepting applications for 2022.

Program Contact:

BDSPâ„¢ — OBIO

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