grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|noCondition
grant_single|deadlines
  • grant_single|openingDateMay 04, 2023
grant_single|financingType
Expert Advice
Researchers And Facilities
grant_single|eligibleIndustries
  • Manufacturing
  • Professional, scientific and technical services
grant_single|grantors
  • Bioindustrial Innovation Canada (BIC)
grant_single|status
grant_card_status|open

grant_single_labels|preview

Access investments, advice, services, knowledge and experience to join and develop high performing chemistry clusters, build stronger hybrid value chains, accelerate clean economic growth and support for competitive technology companies in southern and ea

grant_single_labels|projects

This funding opportunity is targeted towards specific regions in Ontario as part of strategic economic development initiatives. Companies must be located within these clusters to be eligible for the grant.
  • Sarnia-Lambton area for the Hybrid Chemistry Cluster.
  • Eastern Ontario St. Lawrence Corridor region centered around Brockville and Maitland for the Sustainable Chemistry Cluster.
grant_single|admissibleProjectsExample

$130,000

Installation of bio-based chemical production unit-Lambton

$80,000

Development of hybrid chemistry value chains

$200,000

Upgrading production facilities for hybrid chemistry products

$120,000

Launch of a sustainable chemistry cluster

$120,000

Support for global scale growth of emerging technology companies

$120,000

Research and development of eco-friendly chemical processes

grant_single_labels|admissibility

Eligibility for the Ontario Bioindustrial Innovation Network's grant is based on the strategic focus of companies aiming to contribute to the clean technology sector.
  • The applicant must be a competitive technology company located in Southern or Eastern Ontario.
  • The applicant must aim to build high-performing clusters in the Hybrid Chemistry or Sustainable Chemistry sectors.
  • The applicant should be involved in projects that support the transition towards a net-zero carbon economy.
  • The applicant must be capable of securing matching investments from venture capital partners.
  • The proposed project must involve participation in COMM SCI projects or investments.

grant_eligibility_criteria|who_can_apply

There are eligible types of companies for this grant.
  • Clean technology companies
  • Competitive technology companies
  • Emerging technology companies

grant_eligibility_criteria|eligible_expenses

This grant supports activities designed to foster growth and innovation in the bioindustrial sector, with a focus on developing competitive technology companies and sustainable practices. The eligible projects focus on supporting industry clusters, strengthening value chains, and advancing commercialization efforts.
  • Supporting the continued growth of the Hybrid Chemistry Cluster in Sarnia-Lambton.
  • Launching a new Sustainable Chemistry Cluster in the Eastern Ontario St. Lawrence Corridor region.
  • Utilizing COMM SCI projects for cluster growth and to advance sustainable chemistry innovations.
  • Building stronger hybrid chemistry value chains by addressing supply chain gaps.
  • Accelerating clean economic growth by enhancing market pull through regional and global partnerships.
  • Providing larger COMM SCI investments to technology companies for scaling to global levels.
  • Facilitating venture capital partnerships for technology commercialization.

grant_eligibility_criteria|zone

Geographic areas eligible for this grant include:
  • Sarnia-Lambton for the Hybrid Chemistry Cluster growth
  • Eastern Ontario's St. Lawrence Corridor region for the new Sustainable Chemistry Cluster launch

grant_single_labels|criteria

Evaluation and selection criteria for this grant are as follows:
  • Alignment with the goals of fostering the growth of the Hybrid Chemistry Cluster in Sarnia-Lambton and launching a Sustainable Chemistry Cluster in Eastern Ontario
  • Potential to generate jobs, create economic value, and support the transition towards a sustainable, net-zero carbon economy
  • Demonstrated ability to address value chain gaps in Southern Ontario and support clean economic growth

grant_single_labels|register

Here are the steps to submit an application for this grant:
  • Step 1: Preliminary Registration
    • Visit the Ontario Bioindustrial Innovation Network (OBIN) official website.
    • Create an account if an application portal is available, or contact BIC via their contact information for the grant application process details.
  • Step 2: Prepare Application
    • Draft a comprehensive project proposal highlighting how your project supports sustainable chemistry innovation and aligns with the goals of OBIN.
    • Prepare all necessary documentation, including financial projections, a business plan, and details of expected outcomes and impacts.
    • Secure matching investment commitments (minimum of $4 million) from venture capital partners, if applicable.
  • Step 3: Submit Application
    • Complete the application submission as per the guidelines provided by BIC, either through their online platform or by submitting an electronic application directly to their contact email.
    • Ensure all required fields are completed and documents are attached before submitting.
  • Step 4: Post-Submission Follow-up
    • Receive confirmation of your submission via email.
    • Follow up with BIC or OBIN representatives for updates on the status of your application if additional information is needed.

grant_single_labels|otherInfo

Here are additional relevant details for this grant:
  • The initiative aims to facilitate a transition to a sustainable, net-zero carbon economy through clean technology innovation.
  • The Ontario Bioindustrial Innovation Network (OBIN) leverages partnerships to accelerate clean economic growth and remove barriers to commercialization.

grant_single_labels|documents

Ontario Bioindustrial Innovation Network

Apply to this program