OVIN — Electric Vehicle (EV) — Stream 1
Overview
Receive up to $100,000 in funding toward the development, testing and validation of electric vehicle (EV) and battery-focused technologies.
At a glance
Funding available
- Develop a new product
- Reduce the ecological footprint
- Selling in a new market
- Maximum amount : 100,000 $
- Up to 50% of project cost
- Open Date : August 15, 2023
Eligible candidates
- Utilities
- Manufacturing
- Transportation and warehousing
- Ontario
- Non-profit
- Public or Parapublic institution
- For-profit business
- All revenue ranges
- 500 employees maximum
- Canadians
- Startups
- Research
- Environment
- Economic, Social and Community Development
- Business Associations
- Indigenous peoples
- Business owners / entrepreneurs
- Nonprofits / charities
- Academia / students
- Community leaders
- All structures
- Municipal
- Provincial
- National
- International
Activities funded
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.
Eligibility
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.
Who is eligible?
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.Who is not eligible
There are specific types of companies that are not eligible for this grant:
- Large enterprises with more than 500 global, full-time employees
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.
Eligible geographic areas
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.
Selection 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.
How to apply
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.
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.
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.
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.
Additional information
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.
