OVIN — Electric Vehicle (EV) — Stream 1
ON, Canada
Money for electric vehicle related technologies
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateAugust 15, 2023
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Utilities
- Manufacturing
- Transportation and warehousing
grant_single|grantors
- Ontario Vehicle Innovation Network (OVIN)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Receive up to $100,000 in funding toward the development, testing and validation of electric vehicle (EV) and battery-focused technologies.
grant_single_labels|terms_and_conditions
This grant offers a structured co-investment framework to support the development and demonstration of electric vehicle technologies. The financing modalities are designed to maximize collaboration and commercialization potential.
- The program offers co-investment of up to $100,000 for approved projects.
- Funding must be matched by a minimum 2:1 contribution from applicants and/or private sector partners.
- The funding period extends over a maximum of 12 months.
- A total project budget can be up to $300,000, reflecting contributions from applicants and partners.
grant_single_labels|projects
Eligible projects under this grant focus on the development, demonstration, and validation of innovative electric vehicle and battery technologies. These activities aim to enhance commercialization, strengthen industry partnerships, and address current technological challenges.
- Technology proof-of-concept development.
- Demonstration of new EV technologies.
- Product and service validation for market viability.
- Testing and piloting of advanced EV systems.
grant_single|admissibleProjectsExample
$ 100,000
Developing a next-gen battery management system for electric buses
$ 100,000
Creating a proof-of-concept for electric micro-mobility scooters in downtown Halifax
$ 100,000
Advancing charging infrastructure by installing fast chargers for public use
$ 100,000
Implementing a pilot program for electric cargo bikes in urban areas
$ 100,000
Testing and validation of wireless EV charging technology
$ 100,000
Developing an electrified powertrain for off-road vehicles used in agriculture
grant_single_labels|admissibility
Eligibility for this grant is determined by specific criteria related to the applicant's business status and operational location.
- The applicant must be a Small or Medium Enterprise (SME) with fewer than 500 global, full-time employees.
- The applicant must have operations in Ontario and carry out the project in Ontario.
grant_eligibility_criteria|who_can_apply
The R&D Partnership Fund – Electric Vehicle (EV) Stream 1 is designed for innovation-driven collaborative projects primarily in the electric vehicle and battery technology sectors. It is tailored towards entities willing to co-invest in developing and validating relevant technologies in Ontario with the aim of commercialization and demonstration within a year.
grant_eligibility_criteria|who_cannot_apply
There are specific types of companies that are not eligible for this grant:
- Large enterprises with more than 500 global, full-time employees
grant_eligibility_criteria|eligible_expenses
This grant supports projects that focus on the development and demonstration of technologies in electric vehicles and battery manufacturing within targeted priority areas. The focus is on commercialization and demonstration of technologies, leveraging strategic partnerships for significant market opportunities.
- Technology proof-of-concept development for electric vehicles and batteries.
- Demonstration of newly developed technologies related to EVs.
- Validation and testing of products or services related to EV and battery technologies.
- Piloting of EV and battery-focused technologies to assess market readiness.
grant_eligibility_criteria|zone
This grant is available to companies with operations in specific geographical areas as determined by the program guidelines. Eligible companies must be located in Ontario and carry out their projects within the region.
- Companies with operational presence in Ontario, Canada.
grant_single_labels|criteria
Evaluation and selection criteria are outlined to ensure that projects have strong commercial potential and meet the program's objectives of supporting Ontario-made technologies in the EV and battery sector.
- Alignment with Program Benefits: Projects must align with intended benefits of increased road safety, better road condition monitoring, and reduced environmental impact.
- Commercial Potential: High potential for commercialization and strong commercial pull.
- Technological Readiness: Projects should be at Technology Readiness Level 3-9.
- Collaboration: Close collaboration between the applicant and partners, demonstrating scalable outcomes.
- Competitive Advantage: Clear demonstration of a competitive advantage in the market.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Complete Client Intake Form
- Visit the provided website to access the client intake form.
- Fill out the intake form with the required business details to initiate the process.
- Step 2: Engage with Business Development Manager
- After submitting the intake form, an OCI Business Development Manager will contact you.
- Discuss your project details with the Business Development Manager to ensure fit with the program.
- Step 3: Prepare Full Proposal
- Access reference documentation from the OVIN Resource Document Page.
- Prepare the full proposal using the guidelines provided, which include the Program Guidelines and Full Proposal Questionnaire.
- Include necessary documentation such as the Letter of Support and other required templates.
- Step 4: Submit Full Proposal
- Ensure that your full proposal is comprehensive and meets all outlined criteria.
- Submit the final proposal through the application process defined by the oversight of the Business Development Manager.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The program is designed to enhance public-private partnerships and collaboration, with a strong emphasis on commercialization.
- Projects should be at Technology Readiness Level 3-9, indicating that they are beyond basic research and are in the demonstration or near-commercialization phase.
- The program stipulates that projects must show significant commercial potential and competitive advantage.
- Applicants and partners are expected to demonstrate scalable outcomes associated with high commercialization potential.
- Commercialization of Ontario-made technologies is a key objective, emphasizing the importance of local economic impact.
