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Triple-P - Ontario - Canada
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Triple-P

Money for innovation initiatives in northern Ontario
Innovation Initiatives Ontario North
Last Update: March 3, 2026
Funding available
$ 10,000
Timeline
  • Open Date : January 1, 2024
  • Closing date : July 8, 2024
Location
Ontario, Canada

Overview

Get a grant of $5,000, $7,500 or $10,000 to cover up to 50% of the costs of purchasing equipment or technology related to your innovative commercial product, process, or service in 1 of 3 categories: productivity, prototype, or process improvements.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase performance through digital transformation
  • Develop a new product or service
  • Reduce environmental footprint
Eligible Funding
  • Maximum amount : 10,000 $
  • Up to 50% of project cost
Timeline
  • Open Date : January 1, 2024
  • Closing date : July 8, 2024

Eligible candidates

Eligible Industries
  • All industries
Location
  • Ontario
Legal structures
  • For-profit business
  • Sole proprietorship
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Rural or Northern Residents
  • Startups

Next steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Implementation of projects to increase operational efficiency.
  • Initiatives aimed at expanding production capacity.
  • Activities focused on reducing waste within business processes.
  • Projects designed to develop new products or enter new markets.
  • Process improvements to strengthen overall business competitiveness.

Eligibility

Who is eligible?

  • For-profit companies developing innovative commercial products, processes, or services
  • Businesses registered and operating in the districts of Nipissing, Timiskaming, Parry Sound, or Muskoka
  • Sole proprietorships, partnerships, or corporations

Who is not eligible

  • Businesses operating as distributors.
  • Companies whose main activity is reselling goods or products (resellers).
  • Businesses functioning primarily as wholesalers.

Eligible expenses

  • Costs for purchasing equipment directly related to the innovative commercial product, process, or service.
  • Expenses for acquiring software that supports innovation within the business.

Eligible geographic areas

  • Nipissing District
  • Timiskaming District
  • Parry Sound District
  • Muskoka District

Additional information

  • Applications are reviewed competitively each month, with a deadline on the last working day of the month.
  • Approved projects must be completed within a 6-month period or by the program's deadline.
  • Companies may use Triple-P funding multiple times for different independent projects.
  • Applications must be received prior to incurring any project-related costs.

Documents and links

Triple-P

Frequently Asked Questions about the Triple-P Program

Here are answers to the most common questions about the Triple-P. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the Triple-P?

Get a grant of $5,000, $7,500 or $10,000 to cover up to 50% of the costs of purchasing equipment or technology related to your innovative commercial product, process, or service in 1 of 3 categories: productivity, prototype, or process improvements.

How much funding can be received?

Triple-P Funds up to 50% of admissible expenses, capped at $10,000 per project.

What is the deadline to apply?

The application deadline for this grant program was July 8, 2024.

Who is eligible for the Triple-P program?

To be eligible for the Triple-P program, you must: The innovative applicant must be a for-profit entity, registered as a sole proprietor, partnership or corporation. The applicant must be registered, located, and operating in the districts of Nipissing, Timiskaming, Parry Sound, or Muskoka. Businesses operating as distributors, resellers, or wholesalers are not eligible.

What expenses are eligible under Triple-P?

Implementation of projects to increase operational efficiency. Initiatives aimed at expanding production capacity. Activities focused on reducing waste within business processes. Projects designed to develop new products or enter new markets. Process improvements to strengthen overall business competitiveness.

Who can I contact for more information about the Triple-P?

You can contact Innovation Initiatives Ontario North.

Where is the Triple-P available?

The Triple-P program is available the province of Ontario.

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