Innovation Stream
GrantOntarioUp to $2,000,000
The Innovation Stream supports private-sector businesses in Northern Ontario to conduct applied research and development, and demonstration and commercialization of new and innovative technologies. Funding is provided as a conditional contribution of up to 50% of eligible costs, with a maximum of $500,000 for R&D-only projects or $2 million for combined R&D and commercialization projects.
What you'll need
- Detailed business plan
- Project budget and cost breakdown
- Proof of intellectual property ownership or rights
- Evidence of market need and demand
- Financial statements demonstrating business financial position
- Partnership agreements (if applicable for public-private partnerships)
How it works
What it can fund
- Conduct applied research and development of new technologies
- Prototype design, engineering, and testing
- Commercialize and demonstrate new innovative technologies
- Obtain intellectual property protection
- Build or renovate facilities for technology commercialization