Closed
Critical Technology Initiatives
Supports critical technology adoption and commercialization in Ontario
Last Update: May 15, 2026
Funding available
$ 5,000,000 - $ 60,000,000
Timeline
- Closing date : April 24, 2023
Location
Ontario, Canada
Overview
This program provides up to $30 million per applicant, covering up to 50% of eligible project costs. It supports not-for-profit organizations delivering critical technology initiatives that advance commercialization, adoption, infrastructure, and talent development in Ontario.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Enhance an existing program
- Increase production or service capacity
Eligible Funding
- Maximum amount : 60,000,000 $
- Minimum amount : 5,000,000 $
- Up to 50% of project cost
Timeline
- Closing date : April 24, 2023
Eligible candidates
Eligible Industries
- Manufacturing
- Professional, scientific and technical services
Location
- Ontario
Legal structures
- Non-profit
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Non-profit candidates
Sector of operation
- Not Elsewhere Classified
Target groups
- Business owners / entrepreneurs
- Nonprofits / charities
Revenue structures
- All structures
Scope
- Provincial
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Development, commercialization, and demonstration of critical technology solutions.
- Technology adoption and demonstration programs.
- Talent attraction, training, and workforce development initiatives.
- Equipment, facility improvement, and machinery-related projects.
Documents Needed
- Constating documents, such as Articles of Incorporation or a Limited Partnership Agreement.
- Audited or accountant-reviewed financial statements for the previous three consecutive fiscal years.
- Ontario Tax Compliance Verification (TCV) number.
- Additional supporting material, if submitted through TPON.
Eligibility
Who is eligible?
- Not-for-profit organizations.
- Organizations supporting critical technology initiatives in Ontario.
Who is not eligible
- Small Business Enterprise Centres.
- Angel investor or venture capital funds or organizations.
- Post-secondary institutions, including colleges, universities, and hospitals.
- Government enterprises.
- Retail, professional, or personal-service organizations.
Eligible expenses
- Project-related salaries, office expenses, and marketing, up to 15% of total eligible project costs.
- Payments to partners for delivering programming.
- Payments to program participants, such as SMEs adopting or commercializing new technologies.
- Other costs approved in writing by the province before being incurred.
Ineligible Costs and Activities
- Entertainment expenses and alcoholic beverages.
- Lobbying and government-relations activities.
- Travel, activities, or operations outside Ontario without prior written approval.
- Consulting and legal fees tied to financial reorganization, patents, licenses, or claims against Ontario.
- Taxes, fines, penalties, interest, bad debts, depreciation, and other non-eligible costs.
Eligible geographic areas
- Ontario
Processing and Agreement
- Applications are reviewed for completeness, clarity, feasibility, and alignment with CTI objectives.
- Incomplete applications are not reviewed.
- Applications are assessed by a review committee, with financial due diligence support as required.
- Successful applicants must sign a funding agreement before funds are released.
- Applicants are notified of decisions within approximately 60 business days of the deadline.
Additional information
- Applicants can apply only once and must choose either Stream 1 or Stream 2.
- Applications must be submitted through Transfer Payment Ontario (TPON).
- An Ontario Tax Compliance Verification (TCV) number is required in the application.
- Successful applicants must enter into a funding agreement with the ministry.
Frequently Asked Questions about the Critical Technology Initiatives Program
Here are answers to the most common questions about the Critical Technology Initiatives. 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 Critical Technology Initiatives?
This program provides up to $30 million per applicant, covering up to 50% of eligible project costs. It supports not-for-profit organizations delivering critical technology initiatives that advance commercialization, adoption, infrastructure, and talent development in Ontario.
How much funding can be received?
Critical Technology Initiatives Funds up to 50% of admissible expenses, capped at $60,000,000 per project.
Who is eligible for the Critical Technology Initiatives program?
To be eligible for the Critical Technology Initiatives program, you must:
Not-for-profit organization with CRA business number.
Active for at least 3 fiscal years.
Located in Ontario.
What expenses are eligible under Critical Technology Initiatives?
Development, commercialization, and demonstration of critical technology solutions.
Technology adoption and demonstration programs.
Talent attraction, training, and workforce development initiatives.
Equipment, facility improvement, and machinery-related projects.
Where is the Critical Technology Initiatives available?
The Critical Technology Initiatives program is available the province of Ontario.
Is the Critical Technology Initiatives a grant, loan, or tax credit?
Critical Technology Initiatives is a undefined
Who are the financial supporters of the Critical Technology Initiatives?
Critical Technology Initiatives is funded by Government of Ontario