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Natural Products Canada
Funding for natural products business expertise
Helps Canadian small businesses and start-ups pay for external consultants or services. Covers up to 40% of the costs, up to $25,000.
Non-repayable funding provided as a contribution of up to 40% (max $25,000, min $5,000) of eligible costs. This supports engaging external experts to develop or strengthen business and commercialization plans for natural products or technologies at TRL 4-9, aiming to attract public or private investment.
Business Size: small, medium
Industries: natural products, biotechnology, bioeconomy
Region: Canada
Revenue Range: $10M - $15M
Other Criteria: Canadian incorporated companies, start-up companies, academic research institutes, Technology Readiness Levels (TRL) 4-9, Novel natural product or technology aligning with NPC’s definitions (biologically-based, leveraging naturally-occurring molecules), For SMEs/start-ups: potential to achieve $10M-$15M in annual revenue within a reasonable period, For academic institutes: product/technology must address an industry/sector challenge with significant market potential, Potential for significant economic, social, health, and/or environmental benefits, Technological advancement and benefits to the natural products ecosystem across Canada, Technical feasibility of the project, Potential for commercialization in Canada, Potential spillover benefits to more than one sector, Potential for improving the representation of women, visible minorities, and Indigenous peoples in the natural products ecosystem (as an evaluation criterion for projects), Must be a member of Natural Products Canada (NPC), Applicant must contribute at least 60% of the project costs, Project must support the development of strong business or commercialization plans to attract public financing or private investment
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This program is available to small, medium businesses in natural products, biotechnology, bioeconomy industries located in Canada.
This program offers funding up to $25,000 (minimum $5,000).
This program accepts applications on a rolling basis.
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