How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Bioindustrial Innovation Canada?

Bioindustrial Innovation Canada is funded by Bioindustrial Innovation Canada (BIC)

What are Bioindustrial Innovation Canada's eligibility criterias?

Company must be involved in developing clean, green, and sustainable technologies. Company should be in the early stages of commercialization. Company activities must support the transition to a sustainable, net-zero carbon economy.

Bioindustrial Innovation Canada

Last Update: May 12, 2025

Canada

Strategic investment, advice and services for sustainable technologies

Bioindustrial Innovation Canada at a glance

Eligible Funding

No Condition

Timeline

Open Date : July 21, 2023

Financing Type

Expert Advice

Eligible Industries

Manufacturing
Professional, scientific and technical services

Grant Providers

Bioindustrial Innovation Canada (BIC)

Status

Open

Overview of the Bioindustrial Innovation Canada program

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.

Eligible projects & activities

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.

Examples of admissible projects:

$ 130,000

Establishing a community solar power initiative

$ 100,000

Investing in a startup to develop biodegradable packaging solutions

$ 90,000

Creating a recycling and waste management service for SMEs

$ 200,000

Reducing CO2 emissions by establishing a green transportation network

$ 50,000

Creating a job training program to support sustainable agriculture

$ 120,000

Supporting an SME to develop renewable energy solutions

Eligibility criteria of the Bioindustrial Innovation Canada program

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.

Eligibility criteria of the Bioindustrial Innovation Canada program

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 to the Bioindustrial Innovation Canada program

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.