
Bioindustrial Innovation Canada
At a glance
- No Condition
- Open Date : July 21, 2023
- Manufacturing
- Professional, scientific and technical services
Overview
Access critical strategic investment, advice and services to develop clean, green and sustainable technologies with the help of a network of sustainable chemistry clusters across Canada.
Activities funded
This grant focuses on supporting the commercialization of clean, green, and sustainable technologies in Canada. The eligible projects aim to facilitate the transition to a net-zero carbon economy by investing in emerging companies and SMEs.
- Commercialization of technologies that reduce CO2 emissions.
- Development of eco-friendly and sustainable industrial processes.
- Implementation of innovative solutions that support a sustainable economy.
- Partnerships for the commercial application of green technologies.
- Investments in early-stage companies focused on sustainability.
Eligibility
Eligibility for this grant is determined by specific requirements related to the applicant's activities in sustainable technology development.
- The company must be engaged in the development of clean, green, and sustainable technologies.
- The company must demonstrate the potential to contribute to a net-zero carbon economy.
- The applicant should be involved in projects that reduce CO2 emissions or create sustainable economic value.
Who is eligible?
The grant provided by Bioindustrial Innovation Canada targets emerging companies that are commercializing clean, green, and sustainable technologies to aid Canada's transition towards a sustainable, net-zero carbon economy.- Companies involved in the development and commercialization of technologies that reduce CO2 emissions.
- Businesses interested in receiving strategic investments to facilitate technology commercialization.
- Enterprises seeking third-party investment to grow early-stage, eco-friendly projects.
- Small and medium enterprises (SMEs) across Canada focusing on sustainable development and innovation.
Eligible expenses
Projects eligible for this grant are expected to focus on the commercialization of clean, green, and sustainable technologies. These activities align with the transition towards a net-zero carbon economy and aim to create jobs while reducing carbon emissions.
- Commercialization of sustainable technologies that reduce CO2 emissions.
- Initiatives that support the transition to a net-zero carbon economy.
- Development of environmentally friendly technological solutions.
- Projects that foster job creation in clean technology sectors.
Eligible geographic areas
This grant supports companies that are positioned to contribute to Canada's sustainable economy goals. Eligible geographical areas are not explicitly mentioned, thus companies across Canada have the potential to benefit.
- Entities operating within Canada likely qualify.
Selection criteria
There are evaluation and selection criteria for this grant. The criteria include:
- Impact on reducing CO2 emissions
- Creation of jobs in early-stage companies
- Amount of leveraged third-party investment
- Alignment with sustainable and net-zero carbon economy goals
How to apply
Preliminary Registration
- Visit the Bioindustrial Innovation Canada website to access the grant application portal.
- Create an account by providing your contact information and organization details.
- Confirm registration through a verification email.
Review Guidelines
- Download and review the grant guidelines and criteria available on the portal.
- Ensure your project aligns with BIC's objectives for a sustainable, net-zero economy.
Prepare Documentation
- Prepare a detailed business plan that outlines the technology, market analysis, and potential environmental impacts.
- Gather necessary financial statements and projections.
- Secure letters of support or partnership agreements, if applicable.
Complete Application
- Log into the grant portal and fill out the application form with accurate information.
- Attach all required documents, including your business plan and financial statements.
Submit Application
- Review the application package to ensure completeness and compliance with all requirements.
- Submit the application through the online portal before the specified deadline.
Confirmation
- Receive an email confirmation that your application has been received successfully.
- Save the confirmation email and keep it for your records.
Additional information
Here are additional relevant details for this grant:
- BIC has supported companies that have successfully reduced CO2 emissions by 1 million tonnes documented to date.
- BIC has leveraged $528,932 million in third-party investment to support early-stage companies.
- Over $355 million has been invested by BIC in early-stage companies.
- BIC actively assists SMEs in Canada with strategic investment and advisory services.
Frequently Asked Questions about the Bioindustrial Innovation Canada Program
What is the Bioindustrial Innovation Canada?
How much funding can be received?
What expenses are eligible under Bioindustrial Innovation Canada?
What is the deadline to apply?
Is the Bioindustrial Innovation Canada a grant, loan, or tax credit?
Who are the financial supporters of the Bioindustrial Innovation Canada?
Who is eligible for the Bioindustrial Innovation Canada program?
Who can I contact for more information about the Bioindustrial Innovation Canada?
Where is the Bioindustrial Innovation Canada available?
Are startups eligible for the Bioindustrial Innovation Canada program?
More programs like this

Industrial Research Assistance Program (IRAP) — Financial Assistance
National Research Council Canada (NRC)
Clean Technology Manufacturing (CTM) Investment Tax Credit (ITC)
Canada Revenue Agency (CRA)
Strategic Innovation Fund (SIF)
Innovation, Science and Economic Development Canada (ISED)
AI-Powered Supply Chains Cluster (Scale AI)
Global Innovation Clusters (GIC)
Green Industrial Facilities and Manufacturing Program (GIFMP) — Industrial Facility Track
Natural Resources Canada (NRCan)
Industrial Research Assistance Program (IRAP) — Youth Employment Program (YEP)
National Research Council Canada (NRC)
Mitacs Accelerate
Mitacs
ISED — Artificial intelligence (AI)
Innovation, Science and Economic Development Canada (ISED)
NRC IRAP – Support for clean technology
National Research Council Canada (NRC)