Comments on Funding:
Funding is up to one-third of eligible project costs, to a maximum of $1,000,000, with the remainder contributed by Applicants and/or Partners.
Applicant and/or Partners must provide minimum two-thirds of total eligible project costs (i.e., minimum 2:1 match to OVIN contribution). Contribution match MUST be in the form of private sector contributions, and be unencumbered from other government grant sources.
This is a reimbursement program. Reimbursements are triggered by the submission and approval of quarterly reports.
The applicant must:
Project eligibility criteria:
To begin the EOI submission process, please complete a client intake form. An OCI Business Development Manager (BD) will contact applicants to discuss the opportunity and assist them with developing their EOI.
Applicants must submit a signed Letter of Support (LOS) from contributing Partner organizations, confirming financial commitment to the project, activities, duration, resources as a “Project Contributor/Partner”, and acknowledgement of the requirement to sign the standard OCI funding agreement.
Other Things to Note:
- The Expression of Interest submission deadline was on November 16, 2022. Check their website for the next application intakes.
- Applications to the R&D Partnership Fund – C/AV & Mobility – Stream 2 are accepted during open funding rounds. This is a reimbursement program. Reimbursements are triggered by the submission and approval of quarterly reports.