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.
Applicants must be:
Project eligibility criteria:
Applicants must submit:
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:
- Closed for Applications until Fiscal Year 2022-2023.
- Applications 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.
- Application 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.