Ontario Innovation Grants for Companies
Friday, July 12, 2013
Does your company has that "what if" idea that you would like help developing in order to sustain or grow your business?
Ontario Centres of Excellence is an Ontario gov't funded non-profit with a mandate to link companies and academic researchers, and then to co-fund, through grants, the research on behalf of the Ontario gov't to help the company develop or improve a product or process.
With our small projects, if the industry partner contributes $5k cash, we can often leverage that to create a research project, at an academic institution, worth up to $55k. For the larger projects, if the industry partner contributes $125k, we can match that with up to a $250k grant. Often NSERC will also match our contribution as long as there are two distinct and separable deliverables for the two grants, meaning the $125k cash contribution from industry could potentially become $625k of research.
As well, we are in the process of launching a new "E-Voucher" which is worth $2500 at an applicable college for the industry partner to use to have their web presence boosted; improved website or implement e-commerce on it, create a dynamic presence on facebook or other social media tool, etc. I believe there is no co-pay for this program.
Almost all academic researchers know of our grants, but we are attempting to reach out to industry to find new industry partners for the researchers. We are agnostic to company size; sole entrepreneurs through multi-nationals can apply for our project grants.
For more information or to set up a meeting to explore opportunities in Windsor and Essex County, contact:
Alison Empey | MBA, P.Eng.
Business Development Manager
UWO Research Park - Convergence Centre
999 Collip Circle, Box #9, Suite 101, Room 115, London, Ontario, N6G 0J3
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