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 Launch Lab — Entrepreneurs In Residence (EIR)?

Launch Lab — Entrepreneurs In Residence (EIR) is funded by Launch Lab

What are Launch Lab — Entrepreneurs In Residence (EIR)'s eligibility criterias?

The project must be based in Eastern Ontario. The business should possess an innovative technology or idea. The applicant should be a startup or an existing business experiencing challenges and seeking growth.

Launch Lab — Entrepreneurs In Residence (EIR)

Last Update: January 24, 2025

ON, Canada

Assistance for technology based businesses in Southern Ontario

Launch Lab — Entrepreneurs In Residence (EIR) at a glance

Eligible Funding

No Condition

Timeline

Open Date : July 9, 2024

Financing Type

Grant and Funding

Expert Advice

Eligible Industries

Professional, scientific and technical services

Grant Providers

Launch Lab

Status

Open

Overview of the Launch Lab — Entrepreneurs In Residence (EIR) program

Receive assistance for your tech-based business with an innovative technology or idea and that is experiencing challenges and looking to grow. Team members with various areas of expertise can assist you foster entrepreneurship and commercialization to he

Eligible projects & activities

Examples of admissible projects:

$ 120,000

Implement IoT solutions to optimize energy consumption in residential buildings

$ 150,000

Launch an innovative e-learning platform to deliver specialized training to professionals

$ 120,000

Introduce a smart farming system to increase agricultural productivity and sustainability

$ 100,000

Develop an AI-based customer service chatbot to improve user experience and efficiency

$ 130,000

Develop a telemedicine platform to offer virtual healthcare services to remote areas

$ 90,000

Create a mobile app for local artisans to sell their products globally with ease

Eligibility criteria of the Launch Lab — Entrepreneurs In Residence (EIR) program

Must be a business operating in Eastern Ontario.
Must have an innovative technology or idea.
Startups and existing businesses looking to grow are eligible.

Who is eligible?

Launch Lab works with businesses that have an innovative technology or idea, including new startups and existing businesses facing growth challenges within Eastern Ontario. The focus is on fostering entrepreneurship and the commercialization of innovations to build globally competitive companies in Eastern Ontario.

Eligible expenses

Eligible expenses for this grant include costs related to research and development, hiring staff, marketing, and technology upgrades. You can also use the funds for equipment purchases and training programs.

Research and development
Hiring staff
Marketing expenses
Technology upgrades
Equipment purchases
Training programs

Eligible geographic areas

The Launch Lab — Entrepreneurs In Residence (EIR) grant is available to companies operating within a specific area in Eastern Ontario. These regions have been designated to support innovation and entrepreneurial growth through this grant.

Kingston
Lanark
Quinte
Leeds & Grenville
Cornwall & The Counties
1000 Islands
Frontenac
Hastings
Prince Edward, Lennox & Addington

Eligibility criteria of the Launch Lab — Entrepreneurs In Residence (EIR) program

Relevance of the project to the grant's focus areas
Demonstrated need for funding
Evidence of community impact

Additional information

Here are additional relevant details for this grant:

Launch Lab is part of a provincially-funded network, indicating potential access to broader resources and insights that can assist applicants.
The organization emphasizes innovation and the commercialization of ideas, suggesting a focus on supporting projects with significant innovative elements.
Launch Lab operates through a network of advisors, offering personalized support and mentoring for businesses involved.
Although physically based in Kingston, Launch Lab's operations cover a wide area in Eastern Ontario, ensuring regional outreach and support.