Access to Talent Program

Access to Talent Program

Wage subsidies for biologically-based innovation companies

At a glance

Eligible Funding
  • Max. $75,000
  • 40% of project cost
Timeline
  • Open Date : August 30, 2021
Financing Type
Wage Subsidies And Interns
Eligible Industries
  • All industries
Grant Providers
  • Natural Products Canada
Status
Open

Overview

Canadian SMEs or start-up companies can receive up to 40% of the cost of a new employee’s salary to a maximum of $75,000 in order to carry out a project that supports the development of a natural product or technology.

Eligibility criteria

The Access to Talent Program supports Canadian SMEs or start-ups in hiring experienced individuals for natural product or technology projects. Eligibility criteria include being an incorporated Canadian company, having a novel product or technology, and potential for significant economic and environmental benefits.

  • Incorporated Canadian SME or start-up with up to 25 employees.
  • Company must have a novel natural product or technology aligning with NPC's definitions and TRL 4-9.
  • Potential for $10-15MM annual revenue, significant benefits, and commercialization in Canada.
  • Must be part of Canada's Natural Product Innovation Cluster.
  • Hiring an experienced individual for key roles in research, development, and commercialization efforts.

Who is eligible

Eligible Types of Companies:

  • Canadian SMEs
  • Start-up companies with up to 25 employees

Eligible expenses

Yes, eligible expenses for this grant include:

  • Salary costs for the new employee hired by the SME or start-up company.

Eligible projects & activities

Project or activities eligible for this grant:

  • Product or technology development
  • Business development
  • Regulatory strategy and/or collecting necessary data for regulatory submissions
  • Product or technology scale-up
  • Marketing or sales strategy
  • Fundraising to support the growth of the product or technology

Evaluation & selection criteria

Evaluation and selection criteria for this grant include assessing the novelty of the natural product or technology, market opportunity, business model, competitors, strength of the management team, project to be undertaken, position to be filled, qualifications of the candidate, key milestones, and the impact of the key milestones.

  • Novelty of the natural product or technology
  • Market opportunity
  • Business model
  • Competitors
  • Strength of the management team
  • Project to be undertaken
  • Position to be filled
  • Qualifications of the candidate
  • Key milestones
  • Impact of the key milestones

How to apply

  • Step 1: Contact NPC at programs@naturalproductscanada.com if interested in the program.
    • Content: Express interest in the Access to Talent Program.
    • Implications: Initiate the application process and eligibility assessment.
  • Step 2: Review the Minimum Eligibility Requirements with an NPC team member.
    • Content: Discuss company eligibility, project scope, position to be filled, and candidate information.
    • Implications: Determine if the company meets the basic criteria for the program.
  • Step 3: Submit an application if the eligibility assessment is successful.
    • Content: Provide detailed information on the natural product or technology, market opportunity, business model, team strength, project, position, candidate qualifications, key milestones, and milestone impact.
    • Implications: Formalize the application for program consideration.
  • Step 4: Await initial review and feedback from the NPC team.
    • Content: Wait for feedback on the submitted application and make necessary revisions if requested.
    • Implications: Optimization of the application for further review and funding consideration.
  • Step 5: Final review by the Commercialization Sub-Committee and funding decision.
    • Content: Application proceeds to final review by NPC Board members and an industry expert.
    • Implications: Determination of funding approval based on thorough evaluation.
  • Step 6: Receive notification of the final funding decision.
    • Content: Notification of whether the application was approved for funding.
    • Implications: Clarity on the outcome of the funding application process.

Documents and links

Access to Talent Program

Apply to this program