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Government of Ontario, Ontario Centre of Innovation
Funding for Intellectual Property collaborations
Helps businesses work with universities to solve industry problems. Covers half the project costs, between $20,000 and $150,000.
Support for collaborative projects between academic institutions and industry to streamline internal innovations, meet commercialization needs, provide targeted training, and develop commercially viable solutions.
Business Size: small, medium
Region: Ontario
Other Criteria: Industry Partner: For-profit company incorporated in Ontario for a minimum of two years, Industry Partner: Minimum five full-time equivalent (FTE) employees in Ontario Operations and/or R&D in Ontario, Industry Partner: Capacity to commercialize results of the project, Research Partner: Principal investigator at Ontario publicly funded university/research hospital, or applied research officer at Ontario publicly funded college, Project: Utilizes unique skills/resources of post-secondary institution to meet industry innovation and commercialization needs, Requires collaboration between an eligible Ontario academic institution and an eligible Ontario industry partner
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This program is available to small, medium businesses located in Ontario.
This program offers funding up to $503,000,000 (minimum $20,000).
The application deadline is May 15, 2025.
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