This is an exciting time for R&D globally, and a great time to apply for research and development grants.
Whatever form your business takes and in whatever industry or sector, there are funding opportunities for you, from project funding to internships to travel funding to collaborate with international partners. So go ahead, pick some programs and let your new research advance or disrupt an industry or current technology!
Research and Development Incentives – Canada
Most of the available funding programs are nationwide and offered by the federal government, so there is almost equal opportunity for any Canadian organization. Some are industry specific, but most simply want to help you advance your research to help solve current challenges or improve systems, processes, or products. How can you help advance knowledge at home or abroad?
New Research and Development Incentives for 2021
Research and Development Grants – Federal
Is your organization working on new research that could or will benefit Canada’s agricultural sector? The AgriScience Project could be just what you need to keep your research going.
Provided your project(s) are on the shorter side timewise and are precommercial, you should take advantage of this grant, regardless of where in Canada you’re located. Whether you’re for-profit or non-profit, big, small, or an Indigenous group, you qualify.
Besides, who wouldn’t want someone to give them up to $5 million over 5 years for their research? And it gets even better. You could even apply—and qualify for—multiple projects in the same year! Of course, there is a $10 million/year cap, but this could be just what you need to get your projects either off the ground or to the finish line.
At the same time, they won’t just give you all the funds for your project. They do require that for-profit groups cover a minimum of 50% of the project’s cost, and nonprofits need to cover no less than 30% of project costs. The only other qualification is that you be able to enter into a legally binding agreement.
Otherwise, just call 1-877-246-4682 before you submit an application for this program because there’s high demand for this program. On that note, you should get your application in as soon as possible because the whole program shuts down on March 31, 2023.
Once you’ve called in, you can apply online. You can also download this handy guide containing everything you need to know to help you fill out the application form. If you’re accepted into the program, you’ll have to sign a Contribution Agreement with them that—warning—does include many reporting requirements, but that’s really nothing new. As we say over and over again, just date and sign and keep all your documents organized and you’ll have no problems.
If you’d like to get in touch with the program, you can email them, call them at the number above, or use snail mail:
Agriculture and Agri-Food Canada
960 Carling Avenue, CEF Building 97
Ottawa, ON K1A 0C6
Canadian businesses in any sector can take advantage of this program to find and hire a master’s or PhD student to work on research projects. These projects are to be created collaboratively between you and the intern’s academic supervisor.
Connect Canada will give you $5,000 to support the project, provided you match that amount, and you can definitely layer this grant with other grants. There are no limits or additional requirements.
The internship generally lasts between 4 and 6 months, and the intern must work from your location at least 50% of the time. You can apply any time, just make sure your potential intern is enrolled in a Canadian postsecondary institution.
Any research category is acceptable, but Connect Canada recommends they be in the areas of social science, health, engineering environment and ethics, or natural science. The only other requirement is that your company should be looking for the skills that particular intern possesses to further your research/work.
Under the terms of this program, potential interns don’t even have to be Canadian citizens because foreign students and permanent residents are eligible, but, be aware that a student can only receive 2 Networks of Centers of Excellence’s Industrial R&D Internships during the entirety of their career.
Internships can be initiated by either you or the student/professor. If the intern applies, they’ll have to already have a research plan that was created with an academic supervisor and have completed a Final Internship Experience Form.
Contact the program today to apply because applications are ongoing.
Does your organization have a great idea that could help improve our country’s security or help those who do?
Whatever form your organization takes—for-profit or non, SME or corporation, or government—this grant is aimed at helping those groups who could help solve some
of our Armed Forces’ current or potential issues or challenges. That’s why they’ve put forth funding to find creative and innovative solutions.
There are many options as part of this grant to encourage technological research and development and see it through all its phases. The options include competitive projects, contests, and sandboxes.
The financial incentive they offer is different for each call for proposal, as is the application process for each one, but you can apply for more than one at a time.
Funding for this grant is ongoing throughout the year, and new calls for proposals are always being issued, so check out what’s available today, and then remember to check back often for new opportunities. And they even give you a hint of what’s coming up, so remember to look there too for funding opportunities.
Consider applying for CIIP funding if you have an innovative technological non-military product or service and would like to see it brought to life.
It’s a great program, specifically, for collaborating with global partners or if your product or service could create advantages in a foreign marketplace.
This funding program has three eligibility categories for those projects with a high potential for commercial benefit between Canada and its partner countries. The three categories include technology adaptation, technology validation, and technology codevelopment.
This financial incentive could be for you if you’re an SME working on creating new technology in the service, process, or product categories (not for military use) and who works, or needs to work, with global partners to adapt your new tech to new markets. Current global partner countries include Brazil, China, India, Israel, and South Korea.
Funding, application steps and documents, and application deadlines are project specific, so check here regularly to see updated requests for proposals. Of course, you’ll still be expected to provide funds for the project as well.
Innovation, Science and Economic Development Canada Strategic Innovation Fund Stream 1: R&D and Commercialization
This grant for research and development is just 1 of 5 funding streams offered by the Strategic Innovation Fund. The idea of this funding is to help companies in the industrial and technology sectors speed up the development and
commercialization of new products, services, or processes. The remaining four streams have different purposes, so watch for them in successive articles.
As long as yours is a Canadian for-profit organization in one of these sectors, you may qualify for up to 50% of the costs for eligible projects. An eligible project could include such things as adapting proven research for commercial applications or developing a new process that would reduce the environmental footprint of a current process.
The minimum amount of this funding depends on the minimum amount you need to bring your eligible project to fruition. Note that the maximum amount will only be considered in exceptional circumstances, and total government spending from any and all levels can’t exceed 75% of project costs.
Be aware that this program’s funding is different from any other. While they may agree to help fund your project, in many cases, the funds must be paid back. The only time they’ll call the funds nonrefundable is if your project “demonstrates strong economic innovation and public benefits with clear strategic value or global significance.” Whether your project meets this statement or not will be determined in a due diligence review before the project begins.
To apply, simply submit a Statement of Interest, which is nothing more than a high-level overview (Here’s a guide to help you draft a statement.). If your statement is accepted, then you can submit an application.
Should you have any questions about this or their other funding streams, contact them in one of these ways:
This financial incentive program targets all organizations (for- and nonprofit groups and research institutions) that focus on creating new technology to improve assistive and adaptive digital devices and other technology to achieve that end.
All you have to do before you can get funding for your exciting new technology is prove your project meets the needs of the disabled in some way, show you’re a legal Canadian entity, and submit an application package. With so few hoops to jump through and so few eligibility criteria, this is one of the easier funding programs to apply for.
If this is what your company does, don’t hesitate to jump on this program. This is one of the few that will fund up to 100% of your project, up to $4 million/year. There are three upcoming deadlines: June 2, 2020; January 2, 2021; and June 2, 2021.
And don’t hesitate to ask questions! They’d love to hear from you. Contact them in one of these ways:
Here’s an exciting financial opportunity! If you’re working on a prototype that solves any of their open challenges, this federal program will give you up to $150,000 just to create a proof of concept. Then it’ll give you up to $1 million to develop your prototype.
As with any program that offers you free money, there are plenty of eligibility requirements, so make absolutely sure you meet them all, cause that’s a nice, nonrefundable paycheque!
To begin with, you must be an SME and incorporated in Canada at either the federal or provincial level. Then your research and development must take place in Canada, plus at least 50% of the wages and fees you pay employees and/or contractors must go to Canadians who work in Canada. And finally, not only do at least 50% of your full-time employees need to work in Canada, but 50% or more of your senior executives must have a Canadian principal residence.
This is an ongoing program that regularly offers new challenges, so even if your project doesn’t match any of the currently open challenges, check back often. These are the challenges open right now:
- Low-cost sensor system for patient monitoring
- AI Software for Photonics Semiconductor Fabrication
- Nanocomposite Fabrics Production System
- Surveying objects across an air-water interface
- Secure and confidential rule matching
Follow this link to learn more about eligibility and the application process, or subscribe to receive information on challenges. Then create an account and check out the available challenges. If one suits you, click the Propose a Solution button. Make sure you double-check the deadline for your chosen challenge carefully. It may come up on you faster than you think!
How strongly the Canadian government feels about research and development and forward thinking is evident in the number of grant programs available to organizations nationwide. Here’s yet another one that will help you ease the cost of developing new solutions.
You do have to be an incorporated SME working on creating innovative new (or improved!) processes, products, or services driven by technology. While, as with most programs, this is a cost-share agreement only, some financial assistance is always better than none.
To get started, call the National Research Council Canada at 1-877-994-4727 to determine your eligibility, and then you can chat with one of their advisors about your proposed product, process, or service.
Once that’s done, your next step is to put together a project proposal, which they’ll review inside of 3 months. A few things to include in your proposal are the possible impacts to your benefits, the potential benefits for Canada, and your commercialization plan.
The program will send your funding in increments throughout the project, and you will have to submit monthly reimbursement claims.
In such a shrinking economic world, partnerships with foreign investors are becoming more and more important. That’s why the Trade Commissioner Service has put together a program that will help you fund the necessary travel
and legal documents to allow you to collaborate with others around the world, provided the partnership will help you adapt, develop, validate, or prep your new technology for sale.
To qualify for the program, you should be an employee of a Canadian SME, academic institution, or private research centre that has the authority to make decisions and owns or co-owns the research and already have a foreign partner lined up.
If you do qualify, you could get up to 75% of your eligible expenses funded, up to $75,000. But keep in mind not all your funding can come from government sources at all levels. The funding for this program is also meant for research that realistically has the potential for commercialization within 5 years.
You can apply for funding under this program at any time, but be mindful that you submit your application no less than 8 weeks before your travel date to ensure you’re accepted and ready to go.
When you’re ready to apply, just complete, sign, and date the application form and a budget form and be sure to include a letter or email from each foreign partner illustrating their interest in meeting with the intention of possibly coming to an agreement on collaboration.
You’ll also need to submit copies of your company’s registration documents and your airfare quotes.
Research and Development Tax Credits & Refunds
Canada Revenue Agency Scientific Research and Experimental Development Tax Incentive Program (SR&ED)
Research and development doesn’t come cheap, but it’s not optional for many businesses either. But you can mitigate the cost thanks to the CRA.
Research and development isn’t just important to your relevancy, competitiveness, and bottom line, it’s important for the economy
As such, the CRA offers a tax credit between 15 and 35% of your research and development costs for the year. This could include anything from salaries and overhead to materials and third-party payments.
Businesses of all sizes qualify—and you can operate in any sector too—as long as you’re for-profit and Canadian-controlled. It doesn’t matter if you’re a partnership, proprietorship, or corporation. As long as you’re conducting your research in Canada, you all qualify for the tax credit, but you will get different amounts depending on what your business looks like.
Some qualifying corporations could see a refundable credit as high as 35% on their first $3 million but a nonrefundable credit of 15% after that. Other corporations may see just the nonrefundable 15% credit but be able to put it against what they owe.
Proprietorships will qualify for a refundable credit of 15% and can also put it toward what they owe.
Partnerships have some different rules to follow since the credit will be calculated at the partnership level but distributed accordingly, so read up on the process here.
Just follow the same process to apply for this tax credit as you would for all other tax credits. When you file your tax return, include either Form T2038, Investment Tax Credit (for individuals) or Schedule T2SCH31, Investment Tax Credit (for corporations), but make sure you also include a completed Form T661.
As with every other application for financial incentives, ensure you keep any and all supporting documents to prove your research and development expenses. That’s especially important with the CRA. They’re the last folks you want to have catch you unaware and unprepared! A few tips to remember are to keep any document specific to the work you’re claiming and make sure they’re all signed and dated.
For more information, if you really feel you need to contact the CRA, look here for contact information.
Corporations conducting research and development in Canada have twice the luck with tax credits! Not only can you apply for the CRA tax credit at the federal level, you can also claim a refundable credit of varying amounts at the provincial or territorial level.
Each program differs as to who qualifies for the credit, the amount you can claim, and the process you need to follow and using which forms, so here’s a handy list for you.
For example, Ontarians can claim 8%, but only corporations can claim the credit, yet any business of any shape or form can claim a 15% tax credit, so read through to discover what your province has available for you. And if you’re in Ontario, you’ve really lucked out because they are the only province with 4 tax credits available!
And again, if you’d like to take your chances contacting the CRA, here’s where you can find the contact information.
Research and Development Incentives – Ontario
Ontario has some fantastic programs aimed at furthering research and development for organizations of all types and sizes, making this a great province to focus on and achieve innovation.
Take a quick look at the available options and see what works for you. You may even be able to take advantage of more than one!
Research and Development Grants – Ontario
Centre of Excellence in Next Generation Networks (CENGN) and Ontario Centres of Excellence Next Generation Networks (NGN) Demonstration Program
This program was designed specifically for Ontario tech SMEs, though if you’re an SME that’s partnered with another organization such as a healthcare group or municipality, you still qualify.
The Next Generation Networks Demonstration Program wants to help your company bring their demonstrations or proof-of-concepts that may end up leading to unique products, services, products, or technologies to life.
If you think you have something new and exciting, try applying for this grant to cover up to 50% of your costs, up to a maximum of $50,000. Keep in mind that as with most programs, you will have to fund 50% of the costs yourself.
You qualify for the program as long as you’re an SME in Ontario (with your research and development department located in Ontario) with a proven innovative service or product and are using or developing state-of-the-art processes or technology.
To apply, simply contact a Next Generation business manager. Once you’ve done that, the business manager will set you up in the system and send you the login information so you can submit your application. In this case, before you send in your application and supporting documents, you’ll also have to ask your business manager to endorse your application, but make sure you do so more than a week before you do submit.
Along with your application, you’ll also need to send in resumes or CVs for every team member, and if you have a Strategic Partner, a letter of support from them and their company profile.
Once you’ve sent all your documents and your application in, they guarantee they’ll review it within a week. Then they’ll ask you for revisions if needed or let you know it’s been accepted. After that, it’s just a waiting game while the program makes a decision. When they’ve decided, they’ll send you an email.
You can find all the documents you need here, including a template for the Strategic Partner support letter.
To find answers to your questions or additional information not on their website, you can email Vahid Sadr or call 416-861-1092, ext. 1117.
Centre of Excellence in Next Generation Networks (CENGN) and Ontario Centres of Excellence Next Generation Network Program (NGNP) TalentEdge Internships
The same program as above will also help you out if what you need is another body to work on your project, but this person will have to be a student or recent graduate.
The Next Generation Network will give you $10,000 for each intern if you’re an SME in Ontario and hire a student or recent graduate from an Ontario postsecondary institution to work on a tech-related project.
However, you must provide a matching amount, and it must be in cash.
The internship must last for 4 months, and they must receive no less than $15,000 of the allocated $20,000 to cover their period of employment, but any remainder can be put toward other project costs.
The qualifications you have to meet beyond what’s already been stated is to have an in-house research and development department locally based and be creating or using new technologies for your products or services.
Qualifying interns have to be either in the last year of their master’s or PhD program or have graduated within the last 3 years from an Ontario college or university with a master’s degree or PhD and be legally able to work in Ontario.
You can apply anytime for this program. To do so, just click here, choose the correct internship category, and complete the eligibility questionnaire. Once it’s been determined you, the possible intern, and the project are eligible, you’ll get a link to their online application system where you can then fill out your application and send in your supporting documents, such as a company profile, CRA information, the intern’s transcript and CV, and their academic supervisor’s CV or NSERC Form 100/103CV.
For more information, email Natalia Lobo or call 416-861-1092, ext. 1061.
NOTE: Applications are only open for the Autonomous Vehicle Innovation Network, ENCQOR 5G, and Next Generation Network Program right now. The general call for applications is now closed.
This Ontario-based nonprofit exists to help the agri-food and agri-tech industry grow, thrive, and innovate by offering funding and expertise.
This particular cost-sharing program aims to give you some of the resources
you need to resolve whatever problem or issue that’s keeping your from commercializing your new technology.
Your Ontario-based for-profit or nonprofit organization could receive up to $20,000 depending on your existing funding as they will match that. Ensure you keep all your documents, such as receipts, in order because they will require you to submit them and put together a project report upon project completion.
This funding program requires you to partner with a nonprofit or for-profit research company or a university to conduct research that should realistically solve your specific agri-food or agri-tech commercialization problem within 6 months’ time.
The program is closed to new applications for now, but they will be announcing new dates, so check back regularly. Until then, send them an email if you have any questions or would like more information.
For SMEs specializing in 5G processes, products, and services, this funding program could help you bring an intern on board to help you move your project along a little faster.
And at the same time, an intern could bring your company some unique ideas and the most current tech-specific knowledge in your field.
There are plenty of eligibility requirements you, your project, and your intern have to meet, but if you do, hiring an intern could be mutually beneficial. First off, your intern must be an undergraduate, master’s, or PhD student or recent graduate of an Ontario postsecondary institution to qualify. They also have to be able to work in Ontario and be an official employee of your company.
Second, your company must be an Ontario-based SME with a research and development department located in Ontario and working on new technology in the 5G sector. You’ll also have to have or be in the process of applying for a project in the ENCQOR 5G SME Technology Development Program, ENCQOR 5G Demonstration Program or be approved for iPaaS network access.
Each internship can come in a variety of lengths—4, 8, or 12 months long—and you could get $10,000 of funding for your intern for each 4-month period. Your company must cover an equal $10,000, with $5,000 of that in cash. Of that $20,000, the intern must receive no less than $15,000, while the remainder can go toward other project costs.
If you think your company qualifies, start the application process by completing the Eligibility Questionnaire. If the Ontario Centre of Excellence determines you do, in fact, qualify, they’ll send you a funding agreement to sign and a link to their online application system where you’ll fill out the form and include your valid nine-digit CRA business number and incorporation date, a company profile, and how many employees you have. Then you’ll also have to add in the intern’s CV or NSERC Form 100/103CV (institution-based internships only) and your intern’s CV and official transcript.
That’s a lot of requirements and there’s a lot of info, so take a look at the guidelines as you go along. Once you’ve submitted your application with all the information completed, they will notify you of their decision within 4 to 6 weeks.
Ontario Centres of Excellence (OCE) Autonomous Vehicle Innovation Network (AVIN): AV R&D Partnership Fund Stream 1
Nab some funding for your autonomous vehicle project with this one!
This program offers up to $100,000 (or 1/3 of the total funds needed) if you have innovative project research in one of their priority areas, which include
mass light vehicles, heavy-duty vehicles, RVs, vehicles used to move goods, transportation infrastructure, transit vehicles or systems, and intelligent transportation systems.
This is a partnering program, so SMEs, Ontario-based postsecondary institutions, and other organizations are all eligible to apply, but postsecondary institutions have to partner with a for-profit organization. SMEs can partner with an organization of any sort, and there can be any number of partners. The standard format for this generally means the SME is the Applicant who works with a Primary Partner. All other partners are Secondary Partners.
To apply for this program, just complete the client intake form. Once they’ve received it, a business development manager will contact you to discuss the project and your eligibility. Then you can ask them for their endorsement to submit an application.
Ontario Centres of Excellence (OCE) Autonomous Vehicle Innovation Network (AVIN): TalentEdge Internships and Fellowships
Back again in the autonomous vehicle sphere, the Ontario Centres of Excellence also have a program that offers to help fund interns or fellows for Ontario-based companies in this sector.
The idea is to not only give young students and graduates real-world opportunities and experience, but to also give them a chance to take their cutting-edge knowledge and tools and apply them to the challenges your company and/or the industry face.
While all Ontario companies in this sector qualify, make sure you partner with an accredited postsecondary institution. Interns can be final year undergraduate students, current master’s students, or recent undergraduate or master’s graduates, while fellows must have received a PhD from an Ontario academic institution within the last 5 years.
Internships and fellowships can be either institution or company based, depending on the needs of the company. Institution-based interns must have student status at a qualifying institution, and fellows must have postdoctoral fellow status throughout their entire fellow tenure with the company. Both interns and fellows based within the company must be entitled to work in Ontario and have employee status during the whole internship/fellowship.
This is another cost-sharing program, so OCE will give you $10,000 for each internship that lasts 4 months—minus 25%, which you’ll get when the project/internship is completed and you’ve sent in all your supporting documents such as pay stubs and a final report. Your business has to match OCE’s contribution, and half of your amount due must be paid in cash.
However, company-based interns need only receive $15,000 of the total funding for the internship. Up to $5,000 can be directed toward project costs. And institution-based interns only need to receive $10,000, so you can put $10,000 toward project costs if you so choose.
Funding from OCE is higher for fellowships, at $35,000, but you have to provide $50,000, $25,000 of which must be in cash. Of the total, $60,000 has to go to the company-based fellow, but you can use $25,000 of that for direct project costs. Alternatively, institution-based fellows only need to receive $52,500 of the total funding, so up to $32,500 can be used for the project.
If this is a program that interests you or could help your business, just complete the Eligibility Questionnaire. Find the questionnaire here for interns and here for fellows. If your company, your academic partner, and your intern or fellow are deemed eligible, the program will send you a link to the online application system. Then all you have to do is fill in the application form.
You’ll have to include your valid 9-digit CRA business number, incorporation date, number of employees (globally and in Ontario), and company profile. If you hire an intern, then include their CV and transcript as well as their academic supervisor’s CV (or NSERC Form 100/103CV for institution-based internships). If you hire a fellow, be sure to include their CV and transcript plus a reference letter from their PhD supervisor. The letter should include such specifics as the length of time the fellow was supervised, the fellow’s expertise and academic qualifications, their track record (publications, patents, etc.), and the supervisor’s professional opinion of the fellow’s potential.
Download the information packages for more information on the internship or fellowship process, and check out the FAQs to answer any general questions. If you’d like more detailed information or have additional questions, email or call Natalia Lobo at (416) 861-1092, ext. 1061.
Research and Development Tax Credits – Ontario
Corporations based in and conducting research and development in Ontario have twice the luck with tax credits! Not only can you apply for the CRA tax credit at the federal level, you can also claim this 8% refundable credit.
However, if claiming for tax years that ended before June 1, 2016, you could receive a 10% credit.
This credit is to be applied to either your expenditure limit or your expenses, whichever is less, but it’s too simple too apply for to not do it. Just fill in Schedule T2SCH31, Investment Tax Credit – Corporations for 2017 or later and submit it with your tax return.
Research and Development Incentives – Northern Ontario
Research and Development Grants – Northern Ontario
Fast-track your research and development projects in technology!
The iRAPID program, in cooperation with FedNor Canada, offers funding for any for-profit organization in the districts of Nipissing, Timiskaming,
Parry Sound, or Muskoka who could use help realizing their projects during the precommercialization phase. And better yet, if your project could grow the economy or create jobs in some way, you’ll receive preference over other companies.
So if you qualify for the program, and they highly recommend you contact them to ensure you truly have met all the qualifications before you apply, you could get up to 75% of costs covered for your project at one of three levels:
- $5,000 for a minimum project cost before tax of $6,667
- $7,500 for a minimum project cost before tax of $10,000
- $10,000 for a minimum project cost before tax of $13,334
All you have to do to get your funds is download, complete, sign, and submit the online application form. While applications are accepted in an ongoing fashion, the last day of each month is the deadline as they review on a monthly basis.
If you’d like more information, send a quick email, give them a call at 705-474-7600, ext.5606, or send them a letter:
60 Commerce Crescent, Room W106
P.O. Box 5001
North Bay, Ontario P1B 8K9
Northern Ontario Heritage Fund Corporation (NOHFC) Northern Innovation Program: Applied Research & Technology Development Projects
The Northern Ontario Heritage Fun Corporation has a funding program perfect for businesses located in
Northern Ontario working on new technology that’s just about ready but needs just a bit more financial assistance to push it over the edge and into the market.
This program will give for-profit organizations of any sort 50% of a company’s needed funds, up to $250,000. Be aware that the total of any and all government funding for your project can total no more than 50%.
You can apply on your own, or you can partner with an academic institution, but you must be the lead applicant. Also know that preference will be given to those whose academic partner is a Northern Ontario institution.
This program also prefers businesses and projects that fall into the following priority sectors:
- natural resources
- advanced manufacturing
- clean technology
- health sciences
- the bioeconomy
- the digital economy
You can apply any time you like, but you must create an online account to do so. Just click the Apply Now button at the bottom of the page.
1-800-461-8329 toll free, or send a letter to
Northern Ontario Heritage Fund Corporation
Roberta Bondar Place 70 Foster Drive, Suite 200
Sault Ste. Marie, ON P6A 6V8 Canada
Northern Ontario Heritage Fund Corporation (NOHFC) Northern Innovation Program: Opportunity Assessment Projects
This funding program is different than many others and could be a smart first step before investing enormous time and money into any research project.
Also run by the Northern Ontario Heritage Fund Corporation like the program above, this program will give you the money needed to cover the cost of an Opportunity Assessment.
An Opportunity Assessment examines a proposed research project and analyzes it for technical, market, and financial feasibility as well as a variety of other criteria. It’s conducted by an objective, nonprofit third-party that has all the necessary resources to administer the assessment.
Also as with the program above, this one prefers the proposed research project fit within one of the six priority sectors, which include health sciences, advanced manufacturing, natural resources, clean tech, the digital economy, or the bioeconomy.
The funding available through this program will cover up to 75% of project costs to a cap of $15,000.
There are no deadlines for this program, so if you’re a for-profit company in Northern Ontario that has what you think is a great idea for a new technology, create an account and apply now!
Northern Ontario Heritage Fund CorporationRoberta Bondar Place 70 Foster Drive, Suite 200Sault Ste. Marie, ON P6A 6V8 Canada
Northern Ontario Heritage Fund Corporation (NOHFC) Northern Innovation Program: Pilot Demonstration & Commercialization Projects
Are you ready for yet another program from the same source? It pays to have a company located in Northern Ontario!
The purpose of this program is to provide funding to businesses in Northern Ontario so they can prepare their new technology for commercialization. This should reduce some of the financial risk involved in this step for you. Of course, again, your new tech must fit within one of the six sectors they’ve deemed high priority, such as natural sciences and the bioeconomy.
You can apply anytime to receive up to $500,000 (or 50% of eligible costs), but as with their other funding programs, all government funding must be limited to 50% of product costs.
Funding is limited to 50% of eligible costs to a maximum of $500,000.
You can partner with an Ontario academic institution for this program as well, but you do have to own the rights to your research.
If this program sounds like a good fit for you, just create an account online to get started.
You can get in touch with this program in the same way as the above two programs:
- send them a message online
- email them
- give them a call at 1-705-945-6700 or 1-800-461-8329 toll free
- or send a letter to
Northern Ontario Heritage Fund Corporation
Roberta Bondar Place 70 Foster Drive, Suite 200
Sault Ste. Marie, ON P6A 6V8 Canada
The Bottom Line
With all the programs you have to choose from nationwide, there’s little reason why you can’t bring your ideas, technology, or projects to life. Whether you need international partnerships, a large-scale platform, or more knowlaedge or bodies on your team, there’s something here to help you out.
Will your work change the world? Or just one corner of your sector? In the end it doesn’t matter because all new ideas and technology are progress, and that’s what these funding programs are designed for: to ensure progress—Canadian progress.
So take advantage of one or some of these programs (and keep all your work well-documented and organized) and see how far your ideas can go when you’re given the funding you need!