Ontario Bioindustrial Innovation Network
ON, Canada
Chemistry clusters in Sarnia-Lambton and St. Lawrence
grant_single|update February 28, 2025
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateMay 4, 2023
grant_single|financingType
Researchers And Facilities
Expert Advice
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|terms_and_conditions
The Ontario Bioindustrial Innovation Network grant offers financing arrangements aimed at supporting competitive technology companies and creating sustainable chemistry clusters. The financing modalities are structured to leverage additional investments and encourage commercialization activities.
- Larger COMM SCI investments of up to $1 million are provided to support emerging technology companies.
- Matching investments are required, with a minimum of $4 million to be secured from venture capital partners.
grant_single_labels|projects
The Ontario Bioindustrial Innovation Network grant supports projects focused on advancing hybrid and sustainable chemistry clusters in Ontario. Eligible activities aim to foster clean technology development and enhance economic growth through strategic investments and partnerships.
- Supporting the continued growth of the established Hybrid Chemistry Cluster in Sarnia-Lambton.
- Launching a new Sustainable Chemistry Cluster in the Eastern Ontario St. Lawrence Corridor region.
- Utilizing COMM SCI projects and investments to drive regional development and clean technology innovation.
- Building stronger hybrid chemistry value chains in Southern Ontario by addressing gaps and removing commercialization barriers.
- Providing larger COMM SCI investments to support the global scaling of emerging competitive technology companies.
grant_single|admissibleProjectsExample
$ 120,000
Launch of a sustainable chemistry cluster
$ 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
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
This grant is available to companies located in specific geographical areas within Southern and Eastern Ontario. The eligible locations are strategic regions to boost the Hybrid Chemistry Cluster and establish a Sustainable Chemistry Cluster.
- Sarnia-Lambton region.
- Eastern Ontario St. Lawrence Corridor region centered around Brockville and Maitland.
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.
