Venture Growth & Corporate Innovation

Who is not eligible

There are certain types of companies that are not eligible for this grant:

• Companies involved in illegal activities
• Companies not registered in the specified region

Eligible expenses

Eligible expenses for this grant include:

• Research materials and supplies
• Travel and accommodation for conferences
• Publication fees
• Equipment essential for the research project

Eligible geographic areas

This grant is available to companies which are part of a designated innovation zone as defined by the funding body. Eligible geographical locations are chosen to foster innovation and economic development within these specific areas.

• Companies operating within designated innovation zones across Ontario.
• Businesses located in Alberta's economic revitalization regions.
• Organizations based in Quebec's tech development territories.

There are evaluation and selection criteria for this grant. The evaluation and selection criteria are as follows:

• Relevance of the project to the grant objectives
• Creativity and innovation of the proposed project
• Feasibility of project implementation
• Impact and sustainability of the project outcomes
• Budget justification and cost-effectiveness

Here are the steps to submit an application for this grant:

• Step 1: Preliminary Registration
  • Create an account on the funding body's portal.
  • Provide basic organization details to register your interest.
• Step 2: Prepare Application
  • Draft a detailed project proposal including objectives and expected outcomes.
  • Compile supporting documents such as budgets, timelines, and letters of support.
• Step 3: Submit Application
  • Log into the funding body’s portal to upload all required documents.
  • Complete the online application form and review for accuracy.
  • Submit the application before the deadline.
• Step 4: Confirmation of Submission
  • Receive an automated confirmation email with your application number.
  • Retain the confirmation for your records.

Here are additional relevant details for this grant:

• Successful applicants may be required to participate in post-grant follow-up activities to assess the long-term impacts of their projects.
• Grants are subject to audit by funding authorities to ensure compliance with project objectives and financial integrity.
• Collaborative projects involving multiple stakeholders are encouraged and may receive preferential consideration.