ElevateIP
Canada
ElevateIP boosts startups with strategic IP management tools
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateApril 01, 2022
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Professional, scientific and technical services
grant_single|grantors
- Innovation, Science and Economic Development Canada (ISED)
- Innovation Canada
grant_single|status
grant_card_status|open
grant_single_labels|preview
The ElevateIP program, launched by the Government of Canada with a commitment of $90 million over four years, aims to support Canadian startups by enhancing their intellectual property (IP) management and strategies. Eligible activities include facilitating IP supports through Business Accelerators and Incubators, increasing IP awareness and educational opportunities, and implementing tailored IP strategies for startups.
grant_single_labels|projects
ElevateIP is designed to enhance the capabilities of Canadian startups in managing their intellectual property through the support of Business Accelerators and Incubators. The eligible activities focus on increasing IP awareness, developing strategies, and implementing these strategies effectively.
- Facilitating IP support services provided by Business Accelerators and Incubators to startups.
- Providing IP education and increasing IP capacity within the BAI ecosystem through targeted programs and workshops.
- Assisting in the development of customized IP strategies to help startups secure and maintain their IP rights.
- Providing educational opportunities such as workshops, programs, conferences, and peer-to-peer learning for foundational IP knowledge.
- Enabling startups to implement and achieve the objectives of their IP strategies.
grant_single_labels|admissibility
grant_eligibility_criteria|who_can_apply
The information provided does not include the specific evaluation and selection criteria for projects under the ElevateIP grant.
grant_eligibility_criteria|zone
ElevateIP supports are targeted for startups located in various regions across Canada through selected recipients. The eligible areas encompass multiple provinces and territories ensuring regional representation.
- Newfoundland and Labrador
- Nova Scotia
- New Brunswick
- Prince Edward Island
- Québec
- Ontario
- Manitoba
- Saskatchewan
- Alberta
- British Columbia
- Yukon
- Nunavut
- Northwest Territories
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- ElevateIP ensures inclusive access to IP supports for Canadian startups, indicating a focus on diversity within its programming.
- The program builds on initiatives from the National Intellectual Property Strategy, indicating a continuity and enhancement of existing support systems.
- A nationwide competitive call for proposals was used to select the recipients, reflecting a standardized selection process for involvement.
- Innovation Canada, as the powering entity, offers not just funding but also expert advice and collaboration opportunities through its various programs and services.
- Outcome expectations include increasing IP capacity and providing supports that are accessible and inclusive within the Canadian innovation ecosystem.
grant_single_labels|contact
ic.icspnpelevateip-icspepeleverpi.ic@ised-isde.gc.ca
1-800-328-6189
Apply to this program
ElevateIP: Enhancing Intellectual Property Strategy for Canadian Startups
The ElevateIP initiative by Innovation, Science and Economic Development Canada aims to support Canadian startups by enhancing their ability to strategically manage and leverage intellectual property through comprehensive programming with business accelerators and incubators. It provides $90 million over four years, focusing on IP education, strategy development, and implementation, to augment the innovative and commercial capacities of startups across the nation.
Empowering Innovations Through Strategic Intellectual Property Management
The ElevateIP program represents a strategic government initiative designed to bolster the intellectual property (IP) management capabilities of Canadian startups. Launched with a substantial funding commitment of $90 million over four years, this program is an integral part of Canada's broader National Intellectual Property Strategy. Its inception acknowledges the critical role of intellectual property in driving innovation, enabling business expansion, and facilitating economic growth in both domestic and international markets.
The primary aim of ElevateIP is to facilitate Canadian startups in understanding, managing, and leveraging their intellectual assets more effectively. It seeks to embed IP strategy within the entrepreneurial ecosystem, thus ensuring that emerging businesses can protect and capitalize on their innovations. By doing so, the Government of Canada is not only safeguarding the intellectual achievements of these entities but also enhancing overall economic resilience and competitiveness.
Key components of ElevateIP include increasing IP awareness among startups through targeted educational opportunities such as workshops, programs, and peer-to-peer mentorship. This educational facet is designed to equip startups with foundational knowledge that is crucial for navigating the complexities of IP law and its application in business strategy. Alongside education, the program emphasizes the development of tailored IP strategies. By harnessing the expertise available within Business Accelerators and Incubators (BAIs), ElevateIP ensures that startups can access strategic advice and tools necessary for devising IP strategies that align with their unique business models and goals.
Moreover, ElevateIP encourages the practical implementation of these strategies, presenting startups with opportunities to realize their IP objectives. This involves not only the protection of existing inventions and ideas but also the strategic alignment of IP portfolios with broader business objectives — a crucial step in expanding market reach and securing competitive advantages. The integrated support structure of ElevateIP underpins these efforts by offering customized assistance from a network of qualified BAIs across Canada, ensuring regionally tailored and inclusive access to essential IP supports.
A significant aspect of the ElevateIP initiative is its inclusive approach, prioritizing equitable access to IP resources and supports for all Canadian startups, irrespective of geographical, sectoral, or demographic diversity. In doing so, it aims to level the playing field for startups operating in various sectors, empowering them to innovate and thrive despite potential barriers to IP management expertise and resources.
ElevateIP collaborates closely with an impressive array of regional BAIs. These include Springboard Atlantic Inc., Mouvement des accélérateurs d’innovation du Québec (MAIN), Communitech Corporation, University of Calgary with Innovate Calgary & Economic Development Lethbridge, and New Ventures BC Society. This network ensures that comprehensive IP support is accessible to startups across provinces, effectively bridging any regional gaps in IP capability and literacy.
By enhancing IP capacity and encouraging strategic IP deployment across the Canadian startup landscape, ElevateIP not only aids individual businesses in achieving high growth but also fortifies Canada's standing as a global leader in innovation. The economic impact of this initiative is manifold; it not only fosters job creation and technological advancement but also positions Canada as an attractive hub for international business and intellectual investment.
In summary, for startups looking to explore, develop, and amplify their IP potential, ElevateIP provides a vital and strategic lifeline. This initiative delivers robust, inclusive, and strategically targeted support, driving a culture of innovation and intellectual property excellence that promises to yield significant long-term benefits for Canada's economic landscape.
