Amount:
$500,000
Type of Program:
Grant
Description:
OVIN’s R&D Partnership Fund - WinterTech Development stream supports Ontario small and medium-sized enterprises (SMEs) and their partners to validate, test, prototype, and demonstrate new products and technologies designed to meet the unique demands of winter weather conditions.
Because of OVIN's WinterTech Development stream, Ontario is a global leader in the commercialization of new winter-ready mobility technologies and solutions.
Comments on Funding:
Funding is up to one-third of eligible project costs, to a maximum of $500,000 over a maximum of 24 months. All funds must be matched by a minimum 2:1 cash from applicants and/or partners.
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.
When It Ends:
Currently closed
Deadline:
2022 deadlines to be determined
Eligibility:
The applicant must:
Eligible partners:
Project eligibility criteria:
Applications Steps:
Applicants must submit:
an expression of interest (EOI) and
a full application, if invited to.
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.
Documentation Needed:
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:
- 1Closed for Applications until Fiscal Year 2022-2023.
- 2Applications to the R&D Partnership Fund – WinterTech stream are accepted during open funding rounds. This is a reimbursement program. Reimbursements are triggered by the submission and approval of quarterly reports.
- 3Application intakes are based on funding rounds throughout each year until December 31, 2025, or when all funds are committed. Funding round timelines are stated in the Programs Overview on the OVIN website.