Scale-Up Platform
ON, Canada
Support for high-growth product-based tech firms
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateNovember 14, 2019
grant_single|financingType
Grant and Funding
Expert Advice
grant_single|eligibleIndustries
- Information and cultural industries
- Professional, scientific and technical services
grant_single|grantors
- Invest Ottawa
- Communitech
- City of Ottawa
- MaRS Discovery District
grant_single|status
grant_card_status|open
grant_single_labels|preview
For your high-growth technology company, get access to strategic and specialized mentorship, advisory services, programs to help build your internal business, market and R&D capabilities, as well as networking groups that provide new market opportunities
grant_single_labels|projects
grant_single|admissibleProjectsExample
$120,000
Creating a mobile app for sustainable urban farming solutions
$100,000
Developing an e-learning platform for vocational training
$125,000
Developing a cybersecurity solution tailored for small and medium enterprises (SMEs)
$140,000
Developing a cloud-based AI platform for predictive healthcare analytics
$120,000
Building a virtual reality app for remote team collaboration
grant_single_labels|admissibility
grant_eligibility_criteria|eligible_expenses
This grant supports initiatives that enhance the integration of botanical and biomedical sciences, promote strategic growth for tech companies, and recognize leadership and employee satisfaction.
- Projects bridging botanical research with biomedical applications to innovate healthcare solutions.
- Strategic growth programs for technology startups to scale up operations effectively.
- Employee engagement initiatives that increase satisfaction and promote a healthy work culture.
- Leadership development activities that drive organizational success and employee retention.
grant_eligibility_criteria|zone
In this case, please provide the grant details so I can identify any eligible geographic areas for the grant.
Apply to this program
Empowering Innovative Growth in Canada's Emerging Sectors
This grant initiative aims to support burgeoning startups and established companies focused on groundbreaking projects in key sectors like biotechnology and technology services. By providing financial support and resources, the program helps these businesses reach new heights of innovation and commercial success.
Exploring the Details and Advantages of the Grant
The grant, facilitated by initiatives such as Invest Ottawa's ScaleUp program, presents a significant opportunity for Canadian businesses to engage in transformative projects that bridge various fields such as botany and biomedicine. These projects are not only integral to advancing Canada's status in global innovation but are also pivotal in developing solutions that address complex challenges in healthcare and environmental sustainability. Startups like Spiderwort, based in Ottawa, demonstrate the capacity of such grants to nurture innovative ideas into scalable business models that contribute to the cutting-edge fields of tissue engineering and regenerative medicine.
A primary goal of the grant is to foster a dynamic entrepreneurial ecosystem in Canada, particularly in the nation’s Capital Region. This is achieved by promoting networking opportunities and collaboration among local tech innovators and providing a platform for shared learning and resource optimization. The support extends beyond mere financial aid, facilitating a robust support structure that includes mentorship from industry leaders and access to advanced technology resources that are crucial for the development and testing of innovative solutions.
Additionally, the structured evaluation and feedback process embedded in the grant helps ensure high standards of quality and viability for funded projects. This process not only prioritizes projects with substantial potential impact but also aligns with Canada’s broader strategic objectives in promoting sustainable growth and resilience within its economy. Grant recipients are encouraged to show clear, measurable results, thereby ensuring accountability and effectiveness in the use of provided resources.
The flexibility offered by the grant allows beneficiaries to adapt to the rapidly changing market dynamics, enabling them to respond to new challenges or pivots in technological advancements promptly. Such adaptability is critical in maintaining the relevance and competitive edge of Canada's tech startups on the global stage. By turning groundbreaking research into commercially viable products and services, these companies contribute to creating jobs, boosting economic growth, and enhancing the quality of life for Canadians.
The investment in startups, while inherently risky, is offset by the potential high rewards of groundbreaking innovations that can emerge. Startups that succeed in leveraging this grant effectively can lead to revolutionary advancements, not only in their immediate field of operation but also in broader technological and industrial sectors. This creates an environment where inventive solutions are commercialized, setting the stage for sustainable economic growth and increased global competitiveness for Canadian industries.
Overall, this grant offers a strategic advantage for Canadian businesses looking to innovate and expand. By supporting the development of innovative technologies and business models, it aids Canada in strengthening its innovation ecosystem, fostering economic resilience, and positioning itself as a leader in global tech innovation.
