Open
Last Update: March 30, 2026
Funding available
No Condition
Timeline
- Open Date : February 5, 2024
Location
Ontario, Canada
Overview
Hardware Catalyst Initiative supports Canadian hardware and semiconductor companies for up to 24 months. It offers no-cost participation, no equity requirement, and access to mentoring, labs, and development resources.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop strategic partnerships
- Develop a new product or service
Eligible Funding
- No Condition
Timeline
- Open Date : February 5, 2024
Eligible candidates
Eligible Industries
- Mining, quarrying, and oil and gas extraction
- Utilities
- Manufacturing
- Transportation and warehousing
- Information and cultural industries
- Professional, scientific and technical services
- Health care and social assistance
Location
- Ontario
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Next steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Product design and development planning.
- Prototype and testing lab use.
- IP identification and protection planning.
- Customer engagement and early adopter development.
- Financial and growth planning.
Eligibility
Who is eligible?
- Canadian hardware companies
- Canadian semiconductor companies
- Silicon companies
- Hardtech companies
Eligible geographic areas
- Canada
Processing and Agreement
- Applications are reviewed after submission.
- Selected companies are accepted into the program.
- Applicants are informed whether they are admitted.
Additional information
- The program is offered at no cost.
- No equity is required from participating companies.
- Selected companies receive access to dedicated advisors and mentors.
- Participants may access prototyping, testing, and design tools.
Documents and links
Contacts
Frequently Asked Questions about the Hardware Catalyst Initiative Program
Here are answers to the most common questions about the Hardware Catalyst Initiative. 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 Hardware Catalyst Initiative?
Hardware Catalyst Initiative supports Canadian hardware and semiconductor companies for up to 24 months. It offers no-cost participation, no equity requirement, and access to mentoring, labs, and development resources.
Who is eligible for the Hardware Catalyst Initiative program?
To be eligible for the Hardware Catalyst Initiative program, you must:
Canadian hardware or semiconductor company
Eligible company status required
Participation up to 24 months
What expenses are eligible under Hardware Catalyst Initiative?
Product design and development planning.
Prototype and testing lab use.
IP identification and protection planning.
Customer engagement and early adopter development.
Financial and growth planning.
Who can I contact for more information about the Hardware Catalyst Initiative?
You can contact ventureLAB by email at hello@venturelab.ca or by phone at 905-248-2727.
Where is the Hardware Catalyst Initiative available?
The Hardware Catalyst Initiative program is available the province of Ontario.
Is the Hardware Catalyst Initiative a grant, loan, or tax credit?
Hardware Catalyst Initiative is a Other Support
Who are the financial supporters of the Hardware Catalyst Initiative?
Hardware Catalyst Initiative is funded by ventureLAB
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