Venture Growth & Corporate Innovation
Last Update: July 22, 2025
ON, Canada
Assistance for innovative startups and entrepreneurs
Venture Growth & Corporate Innovation at a glance
Eligible Funding
- No Condition
Timeline
- Open Date : January 17, 2023
Financing Type
Expert Advice
Eligible Industries
- All industries
Grant Providers
- TechAlliance
Program status
Open
Overview of the Venture Growth & Corporate Innovation program
Receive services for your technology startup or as an entrepreneur to develop your idea into an operating business through one-on-one guidance, market intelligence, networking and access to capital.
Eligible projects & activities
Examples of admissible projects:
$ 176,000
Implementation of a smart irrigation system to improve agricultural sustainability
$ 160,000
Improvement of healthcare access in rural communities through telemedicine
$ 144,000
Community program to improve educational outcomes in underprivileged areas of Vancouver
$ 104,000
Preservation of indigenous cultural heritage through digital archiving
$ 200,000
Research on renewable energy sources to enhance sustainability
$ 120,000
Development of sustainable waste management solutions and educational programs
Eligibility criteria of the Venture Growth & Corporate Innovation program
To be eligible for this grant, companies must meet the following criteria:
- The company must be registered and operating within Canada.
- The company must be a small or medium-sized enterprise (SME) as defined by the relevant Canadian economic regulations.
- The proposed project or initiative must clearly contribute to economic growth or innovation.
- The company must demonstrate a need for financial support to complete the project successfully.
- Previous recipients of the grant must have fulfilled all reporting and project completion requirements for past funding.
- The company must adhere to all federal, provincial, and local regulations, including those related to employment and environmental standards.
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.
Eligibility criteria of the Venture Growth & Corporate Innovation program
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
How to apply to the Venture Growth & Corporate Innovation program
1
Preliminary Registration
- Create an account on the funding body's portal.
- Provide basic organization details to register your interest.
2
Prepare Application
- Draft a detailed project proposal including objectives and expected outcomes.
- Compile supporting documents such as budgets, timelines, and letters of support.
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.
4
Confirmation of Submission
- Receive an automated confirmation email with your application number.
- Retain the confirmation for your records.
Additional information
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.
Apply to this program
Expert AdviceOpen
Ontario, Canada
Food and beverage industry export help in Ontario
Expert AdviceLoans and Capital investmentsClosed
Ontario, Canada
Business assistance for health science companies
Expert AdviceOpen
Ontario, Canada
Support for high growth food businesses in Southwestern Ontario
Grant and FundingExpert AdviceClosed
Ontario, Canada
Money for Ontario students to start a summer business
Other SupportPartnering and CollaborationExpert AdviceOpen
Ontario, Canada
Mentorship program accelerating early-stage foodtech companies in Ontario
Expert AdviceLoans and Capital investmentsOpen
Ontario, Canada
Support and financing for Indigenous women entrepreneurs in Northern Ontario
Expert AdviceOpen
Ontario, Canada
Assistance for Indigenous tourism businesses in Ontario