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Collaborate 2 Commercialize - ON - Canada

Collaborate 2 Commercialize

Last Update: July 28, 2025
ON, Canada
Money for collaboration between public Academia and Industry

At a glance

Eligible Funding
  • From $20,000 to $150,000
  • Up to 50% of project cost
Timeline
  • Open Date : January 20, 2023
Financing Type
Grant and Funding
Wage Subsidies And Interns
Eligible Industries
  • Manufacturing
  • Professional, scientific and technical services
Funds Providers
Unspecified
Program status
Open

Overview

Receive between $20,000 and $150,000 to cover up to 50% of the eligible project costs to collaborate with Academia to solve an industry‐based problem and drive the commercialization of Intellectual Property (IP).

Financing terms and conditions

  • OCI funds up to 50% of total eligible project costs, ranging from $20,000 to $150,000 per project.
  • Minimum OCI contribution is $20,000 per year.
  • Industry partner must match at least 50% of total project costs in cash, with at least half of this spent at the post-secondary institution.
  • OCI provides an advance of 25% of the award amount (including overhead) upon project activation; 10% is held back until project completion and approval of final reports.
  • Maximum project duration is 24 months.

Activities funded

  • Collaborative research and development projects addressing industry-based challenges.
  • Commercialization of intellectual property resulting from academic-industry partnerships.
  • Development of commercially viable solutions by leveraging specialized academic expertise and infrastructure.
  • Projects aimed at bringing new technologies or innovative processes to market within three years after project completion.
  • Initiatives that directly engage students in experiential learning roles within industry-academic collaborations.
Examples of admissible projects:
$ 45,000
Collaboration with the University of British Columbia for the development of a biodegradable packaging prototype
$ 60,000
Collaborating with a university to develop a new marine biofuel prototype
$ 75,000
Partnership with McGill University for the commercialization of a new biomedical device
$ 75,000
Development of a new agricultural drone in collaboration with the University of Guelph
$ 60,000
Partnering with the University of Waterloo to develop advanced cybersecurity tools

Eligibility

  • The applicant must be a for-profit company incorporated in Ontario for at least two years and possess a valid Ontario-based CRA business number.
  • The company must qualify as a small or medium-sized enterprise (SME) with a minimum of five full-time equivalent employees based in Ontario.
  • The company must be using or developing technology innovation or innovative processes to enhance competitiveness in provincial, national, and/or global markets.
  • Operations related to the project (production and/or R&D) must be located in Ontario.
  • The company must have the intent and potential to commercialize the project results for the economic benefit of Ontario.

Who is eligible?

  • For-profit small and medium-sized enterprises (SMEs) incorporated in Ontario
  • Companies using or developing technology innovation or innovative processes
  • Industries with Ontario-based research and/or manufacturing operations related to the project

Who is not eligible

  • Companies that are not for-profit or not incorporated in Ontario for at least two years.
  • Businesses that do not have a valid Ontario-based CRA business number.
  • Companies with fewer than five full-time employees in Ontario.
  • Industry partners not engaged in technology innovation or not intending to commercialize project results for Ontario's economic benefit.
  • Organizations not in good financial and reporting standing with OCI.

Eligible expenses

  • Salaries and benefits for project personnel at the post-secondary institution.
  • Purchase of equipment, materials, and operating costs necessary for conducting the project (up to 20% of NSERC budget for joint NSERC-ARD projects).
  • Project management expenses (up to 10% of NSERC budget for NSERC-ARD projects).
  • Faculty release costs at colleges (up to $9,000 per course/semester for NSERC-ARD projects).
  • Travel expenses for college personnel to conduct project activities (excluding international conference presentations).
  • Overhead and administration costs, where applicable (up to 20% of NSERC budget for NSERC-ARD projects).

Eligible geographic areas

  • Ontario

Selection criteria

  • Significance of the challenge or opportunity in supporting the company’s business strategy and growth.
  • Rationale for the proposed project in addressing the company-specific problem or opportunity.
  • Clarity and appropriateness of the research and development methodology, objectives, and roles of each partner.
  • Feasibility of the project plan, including milestones, budget, timeframe, project management plan, and risk assessment.
  • Likelihood of economic benefit for the company in Ontario within three years of project completion, such as job creation, revenue generation, or investment attraction.

How to apply

1

Initial Connection

  • The Industry Partner connects with their OCI Business Development Manager (BDM).
  • If new to OCI, complete the Program Enquiry Form to get connected with a BDM.
2

Eligibility Assessment

  • OCI conducts an initial vetting and due diligence assessment to ensure eligibility.
  • Determine if the opportunity is suitable for the C2C program.
3

Application Access

  • If eligible, receive an autogenerated link to the AccessOCI online application system.
  • The application remains open for 90 days for completion.
4

Complete Application

  • Complete the online application form jointly in AccessOCI.
  • Both Industry and Research Partners log in to AccessOCI and create accounts if needed.
  • Include only eligible expenses in the budget.
  • Submit the application to the post-secondary institution’s Research Office for endorsement.
5

Research Office Endorsement

  • The Research Office endorses the application in AccessOCI.
  • Notify OCI Business Development Manager (BDM) that application is ready for final review.
6

External Review

  • Application proceeds to an external peer review by subject-matter experts.
  • Assessment is done by OCI’s Internal Review Panel for final decision.
  • Receive decision notification typically within 35 days of application submission.

Additional information

  • Institutional overhead is not an eligible project expense and should not be included in the project budget.
  • Overhead on the OCI contribution will be remitted separately by OCI to the institution at a fixed percentage.
  • Project activation occurs upon the signing of the funding agreement, with funds only released after activation.
  • At one, two, and three years after project completion, a retrospective survey must be completed to report on commercial outcomes.

Documents and links

Collaborate 2 Commercialize

Apply to this program

Frequently Asked Questions about the Collaborate 2 Commercialize Program

Here are answers to the most common questions about the Collaborate 2 Commercialize. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the Collaborate 2 Commercialize?

How much funding can be received?

What is the deadline to apply?

Is the Collaborate 2 Commercialize a grant, loan, or tax credit?

Who are the financial supporters of the Collaborate 2 Commercialize?

Who is eligible for the Collaborate 2 Commercialize program?

Who can I contact for more information about the Collaborate 2 Commercialize?

Where is the Collaborate 2 Commercialize available?

Are startups eligible for the Collaborate 2 Commercialize program?

Apply to this program

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