Company Funding Programs June 2009 (federal)
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MaRS Discovery District Company Funding Programs
Index
Introduction.................................................................................................................5 Purpose................................................................................................................................ 5 Caveat .................................................................................................................................. 5 Tips for Funding Success ....................................................................................................... 5 Program Details ...........................................................................................................8 Achieving Innovation & Manufacturing Excellence ‐ Yves Landry Foundation ....................... 8 Advanced Manufacturing Investment Strategy ..................................................................... 9 Agri‐Opportunities Program ............................................................................................... 11 Agricultural Biofuels Capital Investment Program (ecoABC)................................................ 13 Apprenticeship Job Creation Tax Credit .............................................................................. 15 Apprenticeship Training Tax Credit ..................................................................................... 16 Aquaculture Collaborative Research and Development ...................................................... 17 Program ............................................................................................................................. 17 Atherton Entrepreneurship Award ..................................................................................... 19 BDC Term Loans................................................................................................................. 20 BDC Working Capital for Growth ....................................................................................... 21 BDC Young Entrepreneur Financing Program ..................................................................... 22 BDC Financing for Innovation ............................................................................................. 23 BDC Financing for Starting a Business ................................................................................. 24 BDC Young Entrepreneur Award......................................................................................... 25 Canada New Media Fund ‐ Product Assistance ................................................................... 26 Canada Small Business Financing Program.......................................................................... 28 Canada Youth Business Foundation & BDC Start‐Up Financing Program ............................. 29 Canada Youth Business Foundation Start‐Up Loan.............................................................. 30 Canada Youth Business Foundation Succession Financing Program..................................... 31 CANARIE ‐ Green IT Pilot Program ...................................................................................... 32 CANARIE ‐ R&D Programs ................................................................................................... 33 CANMET Energy Technology Centre (CETC)......................................................................... 34 CANtex ‐ Canadian Textiles Program ‐ Productivity Component.......................................... 35 CANtex ‐ Canadian Textiles Program ‐ Transformative Component..................................... 36 Chemical, Biological, Radiological‐Nuclear, and Explosives (CBRNE) Research and Technology Initiative (CRTI)................................................................................................................... 37 CIDA Mass Media Initiative ................................................................................................ 39 CIHR Innovation and Industry Programs ‐ Operating Grant: Small and Medium Enterprise . 41 CIHR Proof of Principle Phase II .......................................................................................... 43 Community Futures Program.............................................................................................. 45 Community Ventures Capital Fund ..................................................................................... 46 Defense Industrial Research Program ................................................................................. 47 DND/NSERC Research Partnership Program ....................................................................... 48 Eastern Ontario Development Fund.................................................................................... 49 ecoAgriculture Biofuels Capital Initiative ............................................................................ 50 ecoENERGY for Renewable Power ...................................................................................... 52 EDC Buyer Financing........................................................................................................... 53 EDC Equity Direct Investment ............................................................................................. 54
EDC Equity Indirect Investment .......................................................................................... 55 EDC EXPORT Express Credit ................................................................................................ 56 EDC Export Guarantee Program.......................................................................................... 57 EDC Project Finance............................................................................................................ 58 EDC Supplier Financing ....................................................................................................... 59 Enterprises North Job Creation Program............................................................................. 60 Export Market Access ......................................................................................................... 61 External Research Program................................................................................................. 62 FCM Green Municipal Fund for Brownfield Remediation .................................................... 63 FCM Green Municipal Fund for Sustainable Transportation Projects................................... 65 FCM Green Municipal Fund for Waste Diversion Projects ................................................... 67 FCM Green Municipal Fund for Wastewater Projects.......................................................... 69 FedNor Innovation Fund..................................................................................................... 71 Fednor Research and Development Fund ........................................................................... 72 First Capital Business Loan Fund ......................................................................................... 73 Going Global Science and Technology Fund ........................................................................ 74 HTX Business Investment Program ..................................................................................... 75 HTX Convergent Medical Technologies Program ................................................................. 76 Industrial Cooperation Program ......................................................................................... 77 MaRS Business Project Funding .......................................................................................... 78 Moving on Sustainable Transportation ............................................................................... 79 MRI Emerging Technologies Fund ....................................................................................... 81 MRI Innovation Demonstration Fund ................................................................................. 82 MRI Next Generation of Jobs Fund ‐ Biopharmaceutical Investment Program..................... 84 MRI Ontario Commercialization Investment Funds (OCIF) .................................................. 86 MRI Premier Catalyst Award for Best Young Innovator....................................................... 87 MRI Premier Catalyst Award for Innovator of the Year ....................................................... 88 MRI Premier Catalyst Award for The Company with the Best Innovation............................ 89 MRI Premier Catalyst Award for The Start‐Up Company with the Best Innovation.............. 90 New Directions Research Program...................................................................................... 91 Northern Ontario Heritage Fund Emerging Technology Program ........................................ 92 Northern Ontario Young Entrepreneur Program ................................................................. 94 NRC‐IRAP Internship Program with Innovative Small and Medium‐sized Enterprises (Youth Employment Strategy)........................................................................................................ 95 NRC‐IRAP Large Project ...................................................................................................... 96 NRC‐IRAP Medium Project.................................................................................................. 97 NRC‐IRAP Small Project Accelerated Review Process .......................................................... 98 NSERC Collaborative Research and Development Grants .................................................... 99 OCE CCR Embedded Executive Program ............................................................................ 100 OCE Champions of Innovation .......................................................................................... 101 OCE Collaborative Research.............................................................................................. 102 OCE First Job .................................................................................................................... 103 OCE Interact ..................................................................................................................... 104 OCE Investment Accelerator Fund .................................................................................... 105 OCE Market Readiness ..................................................................................................... 106 OCE Martin Walmsley Fellowship ..................................................................................... 107 OGI Pre commercialization Business Development Fund .................................................. 108 OGI Technology Seeding Fund .......................................................................................... 109 OMDC Entertainment and Creative Cluster Partnerships Fund.......................................... 110
OMDC Export Fund ‐ Interactive Digital Media ................................................................. 112 OMDC Interactive Digital Media Fund .............................................................................. 114 OMDC Ontario Interactive Digital Media Tax Credit.......................................................... 116 OMDC Ontario Sound Recording Tax Credit (OSRTC)......................................................... 118 Ontario Apprenticeship Training Tax Credit ...................................................................... 120 Ontario BioAuto Council ................................................................................................... 121 Ontario Business Research Institute Tax Credit................................................................. 123 Ontario Co‐Operative Education Tax Credit ...................................................................... 124 Ontario Computer Animation and Special Effects (OCASE) Tax Credit ............................... 125 Ontario Innovation Tax Credit .......................................................................................... 127 Ontario Job Creation Partnerships .................................................................................... 128 Ontario New Technology Tax Incentive ............................................................................ 129 Ontario Power Authority Feed In Tariff Program .............................................................. 130 Ontario Research and Development Expenditure Deduction ............................................ 131 Ontario Research Employee Stock Option Credit .............................................................. 132 Ontario Retail Tax Exemption on R&D and Manufacturing Equipment.............................. 133 Ontario Self‐Employment Benefit ..................................................................................... 134 Ottawa Community Loan Fund ......................................................................................... 135 Precarn Incorporated ....................................................................................................... 136 SDTC NextGen Biofuels Fund ............................................................................................ 137 SDTC SD Tech Fund ........................................................................................................... 139 Small Business Internship Program................................................................................... 141 SSMARt Awards Innovation Project of the Year ............................................................... 142 SSMARt Innovation Best Website Award ......................................................................... 143 SSMARt Innovation Innovation Company of the Year ...................................................... 144 SSMARt Innovation Awards Youth of the Year.................................................................. 145 SSMARt Innovation Leader of the Year ............................................................................. 146 Strategic Aerospace and Defense Initiative ‐ Industry Canada........................................... 147 Summer Company ............................................................................................................ 148 Technology Demonstration Program ................................................................................ 149 Technology Development Fund ........................................................................................ 150 Toronto Atmospheric Fund............................................................................................... 152
Introduction Purpose The following document is a compilation of federal and provincial funding sources, both private and public, which are suitable for Ontario companies. We attempt to cover all funding sources in all markets, and list most information relevant to your decision to apply to a program. Our goal is to help speed the process of searching for, and comparing different programs to find the one that is right for your project.
Caveat This is a living document that requires frequent updates, and may not include every funding source out there, although we’d like it to. If you come across a new source of funding, or a needed update for the document, send a quick email to [email protected] and we’ll make the necessary changes for future editions.
Tips for Funding Success As anyone who has ever applied for external funding (namely government funding) will tell you, it’s competitive. Even if your company meets all the eligibility requirements, your application may be rejected since most funding programs are discretionary. The following are a few useful pointers to keep in mind in order to increase your chances of success: •
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Typically, the following activities are not eligible for government funding: o Continuing operations. o Restructuring as a result of bankruptcy or insolvency. Funding applications will generally be rejected if the project: o Has no benefit beyond the organization; or o Appears to lack the financial/technical/managerial resources necessary to make the project a success. If possible, take a look at what funding is available before taking on a project. If you’re considering starting a business or launching a project that will require external funding, take a look through the available funding sources. This way, you can tailor your project to the requirements of the program from the outset, rather than trying to explain your way into the eligibility requirements later on. Your company must prove that it needs the money and that the funding will generate economic, human capital or knowledge‐based benefits for Canada (or Ontario, depending on the funding source). We can’t emphasize enough how important it is to make a solid case for your project. Demonstrating that the funds will allow you to generate revenue, create jobs, enhance the skill level of your employees, or increase an important base of knowledge is an absolute must in any funding application. Government funding is strategic. The government allocates funding to programs according to the nation or the province’s strategic goals. This is particularly true of funds directed toward scientific and technology‐based projects. Your project will
have a much higher likelihood of getting funded if you can successfully show how it furthers the underlying strategic objectives of the program. •
It takes a while. The period between when you submit a funding application to the time when the funds are disbursed can be anywhere from 2 to 12 months, depending on the complexity of the project and the amount of funding you are seeking. Be prepared to wait a while before the funds land in your account.
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Be aware of the fund’s targeted phase of company development. You should have a clear idea what company‐stage most programs are funding, whether it be true start‐up financing to found a company, money for a proof‐of‐concept project, funding to assist with the costs of commercialization, or support for the pursuit of international markets, each fund is generally interested in helping companies get past a particular developmental milestone.
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Be prepared by having the key tools for effective fundraising on hand. Most funding programs require you to submit some or all of the items listed below. Having up‐to‐date versions on hand will greatly reduce the burden of preparing funding applications. o
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Reviewed/audited financial statements: While these are only really called for in the case of established companies, it’s also important for start‐up companies to find a way of demonstrating that they have their financial house in order. Business plan: It’s great to keep a basic business plan on hand for funding applications, but a plan should never be submitted without being tailored to the criteria laid out by each program. Funding programs often have a business plan template that they’d prefer you use when submitting an application. If you follow the template to a T, it will make the work of those evaluating your application that much easier.
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Financial forecasts: In the case of a revenue‐generating project or a program that provides assistance in order help a company make progress toward commercialization, it is important to provide well‐reasoned financial forecasts. They may not be incredibly accurate, but they tell the program administrators that you have thought seriously about the development of your company and can create a reasonable revenue strategy.
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It’s a long process. Developing a knockout funding application takes a great deal of time and thought. If possible, put together a project plan that includes key deliverables for the application, then delegate as much as possible, or stick to a schedule that gives you enough time to perfect each element of the application without rushing.
Eligibility criteria do not equal assessment criteria. It is essential to make the distinction between eligibility criteria, and the things that define how your application will be assessed beyond meeting the eligibility criteria. If you are unsure about how applications for a particular program are being judged, call the program administrator and ask him or her to give you a rundown of the application
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assessment process, including all the decision factors being considered when making funding decision. When in doubt, call. If you’re reviewing the criteria for a funding program, and are uncertain about any detail, call the program administrators. These people are mostly there to help you put together the best application you can, so use their help to get clear understanding of the program’s requirements, including any insights that may not be posted online.
Program Details Achieving Innovation & Manufacturing Excellence ‐ Yves Landry Foundation Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
In partnership with the Ontario Government, the Yves Landry Foundation is making available up to $50,000 per company in the form of a grant to foster training that will lead to advancements in innovation within the manufacturing sector in Ontario. Specific funding will be provided for two major objectives: AIME http://www.yveslandryfoundation.com/article/48/aime_initiative.html Yves Landry Foundation • Manufacturing Manufacturing, education, training, innovation Ontario Up to $50,000 Numerous application deadlines throughout the year. Best to check online. Description: A cost shared program to fund training that will lead to advancements in innovation within the manufacturing sector in Ontario. This funding is open to all Ontario Manufacturing companies in all segments that meet the following criteria: * Between 15 ‐ 1500 Employees * In business in Ontario for at least 3 yrs or can demonstrate a solid financial footing * Manufacturing facility or facilities located in Ontario * Manufacture a specific product for sale in Ontario or elsewhere *Training that will support the adaptation of new technology, new processes or procedures or any change within the company to support innovation. * Training that will support and develop Highly Skilled Personnel in any area that leads to innovation. *Employee education in innovation *Preliminary application form *Financial spreadsheets *Detailed application Numerous application deadlines throughout the year. Best to check online.
Advanced Manufacturing Investment Strategy Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
The $500‐million AMIS program provides repayable loans, interest free for up to five years, to encourage companies to invest in leading‐edge technologies and processes. AMIS http://www.ontario‐canada.com/ontcan/en/progserv_amis_en.jsp Loan Ontario Ministry of Economic Development • Industrial R&D • Design, prototyping and engineering • New or advanced materials and products • Advanced manufacturing processes • Technology innovation • Robotics/ software development • Waste reduction or energy conservation Manufacturing, Advanced Manufacturing, Industrial, Industry, Ontario Up to 30% of total eligible project costs, to a maximum of $10 million per project. Continuous Intake To encourage companies to invest in leading‐edge technologies and processes. Projects must either create/retain 50 jobs or invest $10 million over 5 years. *Ontario‐based company. *Any manufacturing sector (certain sectors preferred; see notes). *Eligible costs categories include (overhead, construction/leasehold improvements, equipment and machinery, materials, labour, R&D, IP protection, other directly attributable costs. •research and development •equipment and machinery •materials •construction/leasehold improvements •labour (one time only) •training •overhead • Loan amount will be up to 30% of total eligible project costs, to a maximum of $10 million per project. • The loan is ‘front loaded’ entitling the approved Applicant to receive 50 cents for each dollar of eligible costs incurred and paid up to the total loan amount. • Interest rates will be set at the province's cost of borrowing plus 1%. • Applicants will be expected to make a Project Investment Commitment. • Five years of interest on the loan will be forgiven if the company meets agreed upon job and investment targets. The Job Target will include all jobs at the facility, including jobs that are not directly related to the project. • The ministry and the approved Applicant will enter into a loan agreement containing customary provisions found in commercial loan agreements and business requirements for good governance and risk mitigation. • Loans must be secured and the principal repaid, but the terms are negotiable. • Loan terms will not exceed 10 years. • The Applicant will provide semi‐annual project status reports on milestones and interim financial statements. • At the end of the project, the Applicant will provide an Auditor’s certificate to confirm the eligible project expenditures. *Leading Edge Technologies and Processes *Financial Capacity *Project Scope *Jobs Created/Retained • AMIS Loan Application (signed) • AMIS Application Charts: Milestones, Sources of Financing, Project Costs, Job Target, Security • Corporate Structure Chart that identifies the parent company affiliates, related companies and subsidiaries • Annual audited or accountant reviewed Financial Statements for the past five years • Most recent interim Financial Statements (internal) • Details of existing debt (lender payments, interest, security) • Five‐year detailed forecast of revenues and expenses for the company as a whole
Application Deadlines Processing Time Notes
• Organization Chart of key management • Information for Financial Due Diligence (page 15) • Copies of the appropriate supporting documentation confirming the establishment of the business (i.e. Articles of Incorporation, Amendments, etc.) Continuous Intake 45 calendar days
Agri‐Opportunities Program Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations
Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
The Agri‐Opportunities Program provides a maximum repayable contribution of $10 million per project and per recipient regardless of the number of projects, over the life of the program, ending in March 2011. http://www4.agr.gc.ca/AAFC‐AAC/display‐afficher.do?id=1195488674667&lang=eng Loan Agriculture and Agri‐Food Canada • Agriculture, • Food • Agri‐food • Farming • Biofuel • Agri‐business Agri‐food, agriculture, bioproduct, biofuel, farm, agri‐business Canada Up to $10 million per project Continuous Intake Funding is provided to projects that focus on new agri‐food, agriculture or bioproducts, that can be expected to increase market opportunities for the Canadian agricultural industry across the value chain and generate demand for primary agricultural products. * At least 30% of the necessary funding to commercialize has been or will be secured from private sources. * The potential is there to repay the contribution (applies only to for‐profit entities). * Proof of the technical viability of the new products, services or processes is provided. * Intellectual propriety rights have been established, if applicable. * Thorough business and marketing plans have been developed. * Market research to support sales projections has been presented. * The experience and expertise of the management team has been demonstrated. * Finalizing commercial development of a new product or process or a new service; * Introducing a new product to the market, and validating the market potential or assessing customer satisfaction for the product or service; * Introducing new technology likely to lead to improved efficiency and competitiveness; * Establishing, expanding and modernizing agriculture or agri‐product facilities to commercialize new products or processes for new markets; and * Supporting marketing, human resource development, productivity improvement or quality improvement directly related to the commercialization of new agriculture, food and bioproduct opportunities. Agri‐Opportunities contribution funding is to be repaid within an eight‐year period from the completion date of the project. Repayments are to be made in equal installments over the life of the repayment period. The repayment period can begin immediately after completion of the project, or it can be deferred up to a maximum of three years from the project completion date (i.e. a grace period). * Technical viability of new products, services or processes; * Business viability of the project, including the marketing plan and project financing; * Track record and experience of management; * Potential to repay the contribution (applies only to for‐profit enterprises); * Level of private sector investments; * Increase in demand for primary agricultural products; * Increase in market opportunities for the Canadian agricultural industry across the value chain; * Other benefits for the Canadian agriculture and agri‐food sectors and for Canadians. Stage 1 Proposal Synopsis: * Project description and project funding requirements * Product, service or process and technology overview * Market analysis * Production and distribution of the product or service * Company management profile and financial summary * Benefits to the Canadian agricultural sector and to Canada Stage 2 Full Proposal Review * Description of the work * Description of major activities * Major milestones * Project locations
Application Deadlines Processing Time Notes
* Project schedule * Cost breakdown Continuous Intake Stage 1 submissions are ongoing, Stage 2 submissions are accepted quarterly
Agricultural Biofuels Capital Investment Program (ecoABC) Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
The ecoAgriculture Biofuels Capital Initiative (ecoABC) is a four year, $200 million federal program that provides repayable contributions of up to $25 million per project for the construction or expansion of transportation biofuel production facilities. Funding is provided for projects that use agricultural feedstocks to produce biofuels and that have new agricultural producer equity investments in the projects equal to, at minimum, five percent (5%) of the total eligible project costs. http://www4.agr.gc.ca/AAFC‐AAC/display‐afficher.do?id=1195569629682&lang=eng Loan Agriculture and Agri‐Food Canada • Biofuel • Biogas Biofuel, Bio Fuel, Fuel, Biogas, Energy, Agriculture Canada up to $25 million or twenty‐five percent (25%) of Eligible Project Costs Continuous Intake The ecoABC Initiative was created to provide an opportunity for agricultural producers, including co‐ operatives, to diversify their economic base and participate in the biofuel industry through equity investment/ownership in biofuel production facilities. The construction or expansion of transportation biofuel production facilities. *Must have an equity investment in the project from agricultural producers equal to or exceeding five percent (5%) of the eligible project costs. *Agricultural feedstocks must be used to commercially produce the transportation biofuels. *The minimum annual production capacity of the new facility, or the increase in capacity of an existing facility must be a minimum of 3 million liters per year for biodiesel facilities and 5 million liters per year for fuel ethanol facilities. *The facilities must be located in Canada * Contract costs and fees for design, engineering, procurement and construction services including intellectual property licenses; * Costs associated with environmental assessments for the project (subject to a limit of 10% of all eligible project costs claimed); * Costs for the production systems and equipment, including monitoring and tracking systems; * Salary costs or fee components for design, engineering, procurement and construction; and * Salary costs or fee components in contracts for implementing and commissioning the facility. *The total amount contributed to the recipient will be repayable under conditions of profit. *Repayment will begin on January 1, three years after the funded facility commences production at its nameplate capacity, and will continue for seven subsequent years or until repayment totals the amount of the contribution made to the recipient, whichever comes first. Basic Criteria: * Evidence that products (agri‐food, agriculture and bioproducts) are not commercially produced or available in Canada. * Readiness to commercialize, meaning a prototype has been developed, a market has been defined, a business plan has been written and intellectual property issues have been finalized. * Demonstration that the project will be conducted in Canada and will benefit the Canadian agricultural industry. Funding Criteria: * Evidence that 30 percent of the necessary funding to commercialize has already been put in place by the applicant. * Evidence that at least 33 percent of the funding has been or will be secured from the private sector. * Potential to repay the contribution (for‐profit entities). Business Criteria: * Thorough, articulate and feasible business and marketing plans have been developed. * Market intelligence to support sales projections has been collected / presented. * Evidence of Intellectual Proprietary and Freedom to Operate. * Proof of the technical viability of new products, processes or services. * Business viability of the project, including the marketing plan and project financing. * Proven track record and experience of management. 1. Letter of Interest 2. ecoABC Funding Proposal 3. Verification of Start of Construction
Application Deadlines Processing Time Notes
4. Commissioning of the Facility 5. Confirmation of Continued Agricultural producer Equity Investment 6. Repayment Continuous Intake Program responds to LOI in 30 days.
Apprenticeship Job Creation Tax Credit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The AJCTC is a non‐refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006. The maximum credit is $2,000 per year for each eligible apprentice. AJCTC http://www.cra‐arc.gc.ca/whtsnw/pprntcshp‐eng.html Tax Credit Canada Revenue Agency • Any Job, Apprentice, Intern, Staff, Student, Graduate, Employee, Employment Canada 10% of Eligible Salaries and Wages up to $2,000/year/apprentice Apprenticeship is a proven industry‐based learning system that combines on‐the‐job experience with technical training to produce a certified journeyperson. Any business that hires an "eligible apprentice". "Eligible salaries and wages" are those payable by the employer to an eligible apprentice for the apprentices' employment in Canada in the tax year and during the first 24 months of the apprenticeship. It does not include remuneration based on profits, bonuses, and taxable benefits including stock options, and certain unpaid remuneration. Non‐refundable tax credit. Employers will be able to claim the credit on their income tax returns, using either Form T2038(IND), Investment Tax Credit (Individuals) or Form T2SCH31, Investment Tax Credit ‐ Corporations. Forms can be ordered on‐line at www.cra.gc.ca/forms.
Apprenticeship Training Tax Credit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The 2004 Ontario Budget announced a new refundable tax credit for corporations and unincorporated businesses employing apprentices in certain skilled trades during the first 36 months of an apprenticeship program. This measure became law on December 16, 2004, when legislative amendments to the CTA and the ITA received Royal Assent. ATTC http://www.edu.gov.on.ca/eng/tcu/employers/taxcredit/calculator.asp Tax Credit Ministry of Training, Colleges and Universities, Ontario Ministry of Revenue • Any Job, Apprentice, Intern, Staff, Student, Graduate, Employee, Employment Ontario Up to $5,000 per apprentice per year To invest in apprentices to build careers, businesses and the Canadian economy. *Corporations with permanent establishments in Ontario subject to Ontario corporate income tax are eligible. *All proprietors filing Ontario personal income tax returns whose unincorporated business has a permanent establishment in Ontario are eligible. *A corporation or unincorporated business that pays a fee to an employment agency for the services of an apprentice is deemed to be the eligible employer and to employ the apprentice, not the employment agency. As well, the corporation or unincorporated business is deemed to be participating in the apprenticeship program with the apprentice, not the employment agency. *Members of a partnership may share the ATTC for each qualifying apprenticeship. Limited partners are not entitled to this credit; however, the general partners of a limited partnership are entitled to share the credit. *Eligible expenditures are salaries and wages, including taxable benefits (i.e., amounts reported on the apprentice's T4 slip) paid or payable to an apprentice in a qualifying skilled trade for services performed by the apprentice for *Eligible expenditures also include fees paid or payable to an employment agency by a corporation or unincorporated business for services performed by the apprentice in a qualifying apprenticeship after May 18, 2004 and before January 1, 2015. *All eligible expenditures must be for services provided by the apprentice to the eligible employer during the first 36 months of the apprenticeship program. All eligible expenditures must be attributable to an Ontario permanent establishment (place of business) and must be reasonable in the circumstances. Up to a maximum tax credit of $5,000 per qualifying apprentice per taxation year. Corporations may claim the tax credit on Schedule 114 of their CT‐23 or CT‐8 tax return. Eligible employers operating unincorporated businesses may claim the credit on Form ON479, Ontario Credits, included in their personal income tax return. Members of partnerships claim their share of the credit on their own corporate or personal tax returns.
Aquaculture Collaborative Research and Development Program Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount
Application Intake
Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
The Aquaculture Collaborative Research and Development Program (ACRDP) is a Department of Fisheries and Oceans (DFO) initiative to increase the level of collaborative research and development activity between the aquaculture industry and the department, and in some instances with other funding partners. ACRDP http://www.dfo‐mpo.gc.ca/science/enviro/aquaculture/acrdp‐pcrda/info‐eng.html Grant Fisheries and Oceans Canada • Fisheries • Aquaculture Fish, fisheries, aquaculture, marine Canada Overall Fund Size Either $1.2 million or $600,000 depending on the region. There will be two deadline dates for project proposal submission throughoutthe year: December 1, March 1. A subsequent round may be established in a particular region, if required. Notification will be provided at that time. * Improve the competitiveness of the Canadian aquaculture industry; * Increase collaboration between the department and industry on scientific research and development that will enhance aquaculture in Canada; * Facilitate and accelerate the process of technology transfer and research commercialization through closer collaboration with the Canadian aquaculture industry; and * Increase scientific capacity for essential aquaculture research and development in the aquaculture sector. Eligible industry applicants are aquaculture producers operating within Canada who are directly involved in producing an aquatic species for pre‐commercial or commercial purposes. Aquaculture production is defined as growing an aquatic species and further, that the aquaculture producer has ownership of the product or has an aquaculture license or lease to culture the product. Producers undertaking commercial or developmental production activities on existing or new aquaculture species or aquaculture companies or associations involved with sea ranching mariculture operations are eligible to apply. Industry producer associations or consortia of producers are also eligible to apply. Other aquaculture sector stakeholders are eligible to participate as a partner with an industry producer. * Wages and salaries plus associated required payroll benefits of project personnel (scientific and technical) or post‐doctoral or graduate student support; * Equipment directly related to the work; * Laboratory and field supplies; * Travel costs directly related to the goals of the project; * Other expenses agreed to be necessary to the success of the project. A formula will be negotiated for each project, taking into account in‐cash and in‐kind contributions of both parties to the agreement. Industry cash contributions to a project will be managed through a DFO Specified Purpose Account (SPA). The minimum industry contribution is 30% of the ACRDP amount requested, at least 7.5% of which must be a cash contribution. Technical Review * The project has scientific merit. * The project is original. * The problem and objectives are well defined. * There is a clear and sufficient description of the experimental methodology. * The scientific approach is valid. * The project team is qualified to conduct the work in a thorough and professional manner. Comprehensive Review * The project is consistent with the program objectives and regional industry R&D priorities.
Application Documentation and Process Application Deadlines
Processing Time Notes
* The project addresses a significant constraint to the Canadian aquaculture sector. * The project contributes significantly to the advancement or competitiveness of the industry partner or sector. * The project contributes to the skills and knowledge required to advance the industry partner. * The project has sufficient industry input to generate potential practical benefits. This can include input from other funding partners, which is desirable and encouraged. * The project facilitates technology transfer and (or) research commercialization through closer collaboration with the Canadian aquaculture industry. * The project is cost effective. * The overall project objective and methodology is described in a clear manner. Application form and project proposal.
There will be two deadline dates for project proposal submission throughoutthe year: December 1, March 1. A subsequent round may be established in a particular region, if required. Notification will be provided at that time. Regional ACRDP Committeeswill review and evaluate proposals in a timely manner and final notificationof the project assessment will be provided no later than 60 days afterthe deadline dates.
Atherton Entrepreneurship Award Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
Applicants may request up to $34,000, including funds for salary for one year, costs related to prototype development and demonstration of concept, and travel expenses. http://www.parteqinnovations.com/randi‐Atherton.htm#guidelines Award The prize is financed by proceeds donated by Prof. David Atherton and the Pressure Pipe Inspection Company (PPIC) of Mississauga, ON • Any Award, Student, Graduate, Technology Transfer, Start‐up, science, engineering, university Canada Up to $34,000 Continuous Intake, normally only 1 award/year The Atherton Entrepreneurship Award was established in 2005 as an incentive to assist Queen’s students, postdoctoral fellows, adjunct professors or research associates under the age of 35 who have been at Queen’s for more than 18 months in the potential formation of an entrepreneurial scientific or engineering business in Canada. Must be a Queen's student that will contribute 10k and mentor must contribute 10k (part may be in‐kind) *Salary stipend for the Champion of up to $2,000 per month for up to 1 year *Up to $10,000 for costs directly related to the development of a prototype or demonstration of the product/service. *Travel costs. *The Champion and the Mentor shall contribute a minimum of $10,000 each, part of which may be “in kind”, as approved by the Selection Committee, and must raise an additional minimum total of $10,000 from other sources for investment in the development of the venture. * Budgetary requests will normally be for a maximum of $34,000 and may include the following: salary stipend for the Champion of up to $2,000 per month for up to 1 year; and up to $10,000 for costs directly related to the development of a prototype or demonstration of the product/service; and for travel costs. *The funds will be awarded to the recipient by PARTEQ under terms established by PARTEQ. PARTEQ shall own a minimum of 3% of the shares of the new company. *Demonstrated entrepreneurial interest and or experience/training by both the Champion and the Mentor. *Merit 1. Some demonstrated entrepreneurial interest and or experience/training by both the Champion and the Mentor. 2. The draft business plan. 3. Description of the product/service. 4. Budget and budget justification. 5. Presentation of the proposal (preferentially in electronic form such as Power Point). 6. Resumes of the applicants. Continuous Intake, normally only 1 award/year
BDC Term Loans Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Small loans, sometimes requiring guarantees, with fixed or floating interest http://www.bdc.ca/en/business_solutions/financial_services/default.htm Loan Business Development Bank of Canada • Any Business loan, bank, Canada Negotiable Continuous Intake Fund the start‐up stage of business development. Essentially the same as eligibility for bank loan, but riskier companies who wouldn't be eligible for regular bank loans can apply for BDC funding, Any Negotiated on a case‐by‐case basis. Fixed or floating interest rates. *Common institutional lending criteria. Consultation and online application.
Continuous Intake
BDC Working Capital for Growth Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
http://www.bdc.ca/en/my_project/Projects/financing/fs_working_capital_general.htm?context={1 5CE5B27‐F4F5‐465C‐92B4‐62341C89E833} Loan Business Development Bank of Canada • Any Business loan, bank, Canada Negotiable Continuous Intake Fund the start‐up stage of business development. Essentially the same as eligibility for bank loan, but riskier companies who wouldn't be eligible for regular bank loans can apply for BDC funding, Inventory, R&D expenses, e‐commerce or exporting efforts, product development & marketing or implementing quality solutions. Negotiated on a case‐by‐case basis. Fixed or floating interest rates. *Common institutional lending criteria. Consultation and online application.
Continuous Intake
BDC Young Entrepreneur Financing Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Small loans, sometimes requiring guarantees, with fixed or floating interest http://www.bdc.ca/en/i_am/young_entrepreneur/default.htm?cookie_test=1 Loan Business Development Bank of Canada • Any Business loan, bank, Canada Negotiable Continuous Intake Fund the start‐up stage of business development. Essentially the same as eligibility for bank loan, but riskier companies who wouldn't be eligible for regular bank loans can apply for BDC funding, * Working capital: to supplement an existing line of credit * Acquiring fixed assets * Marketing and start‐up fees * Buying a franchise Negotiated on a case‐by‐case basis. Fixed or floating interest rates. *Common institutional lending criteria. Consultation and online application.
Continuous Intake
BDC Financing for Innovation Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
Are you looking to finance the commercialization of a new product or service? Are you thinking about R&D? Or simply seeking to improve a business process? BDC can help you finance innovation projects that enhance your reputation in the marketplace. http://www.bdc.ca/en/my_project/Projects/articles/starting_financing.htm Loan Business Development Bank of Canada • Any Business loan, bank, Canada Negotiable Continuous Intake Fund the start‐up stage of business development. Essentially the same as eligibility for bank loan, but riskier companies who wouldn't be eligible for regular bank loans can apply for BDC funding, * buy equipment or machinery that improves your operation and streamlines your layout * pay for market research on new products and services * cover employee training costs for innovative new projects * pay for external consulting advice such as an innovation diagnosis * cover the expansion into new markets Negotiated on a case‐by‐case basis. Fixed or floating interest rates. * Your operating line of credit from a financial institution * An experienced management team * Solid profits supported by recent financial statements prepared by an accredited accountant * Projected sales growth or increased profitability * Adequate level of equity in the business * Other relevant aspects of your business Consultation and online application.
Continuous Intake
BDC Financing for Starting a Business Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Small loans, sometimes requiring guarantees, with fixed or floating interest http://www.bdc.ca/en/my_project/Projects/financing/fs_start_business_general.htm Loan Business Development Bank of Canada • Any Business loan, bank, Canada Negotiable Continuous Intake Fund the start‐up stage of business development. Essentially the same as eligibility for bank loan, but riskier companies who wouldn't be eligible for regular bank loans can apply for BDC funding, * Working capital: to supplement an existing line of credit * Acquiring fixed assets * Marketing and start‐up fees * Buying a franchise Negotiated on a case‐by‐case basis. Fixed or floating interest rates. *Common institutional lending criteria. Consultation and online application.
Continuous Intake
BDC Young Entrepreneur Award Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
Pays tribute to outstanding young Canadian entrepreneurs. http://www.bdc.ca/en/yea2009/default.htm?id=1 Award Business Development Bank of Canada • Any Award, prize Canada Travel cost reimbursement only. May 11 – June 24 * nationwide media visibility * unparalleled opportunities for networking with other entrepreneurs * valuable media relations training * many skills development opportunities *Canadian citizens between 19 and 35 years of age as of December 31, 2009 * Be a manager and have been actively involved in the company's daily management for a minimum of two years as of December 31, 2009 * Hold at least 20% of the company's capital stock *Travel expenses to award ceremony, including round‐trip economy‐class train or airfare. The YEA winners will be invited to receive their award during the awards gala in Ottawa, on October 20, 2009 as part of Small Business Week®. Over 350 business people and representatives of BDC, its partners and the various levels of government are expected to attend the gala. The winners will benefit from nationwide media visibility, unparalleled networking opportunities, valuable media relations training and many skills development opportunities. *You will also be eligible to the Export Development Canada Export Excellence Award (this award comes with a $10,000 grant) or the Corporate Social Responsibility Award, presented at the gala. *BDC will reimburse travel expenses (round‐trip, economy class only) from the award winners' city of residence to Ottawa. * Are in the start‐up or early growth phase (first 12 months of sales) * Can demonstrate realistic market and sales potential * Possess experience or expertise in their chosen field * Demonstrate key personal characteristics of a successful entrepreneur * Have assembled a competent management team * Have invested reasonable financial resources in the enterprise * Can provide personal and credit references Application form Corporate profile Financial statements Other Business plan Corporate brochure May 11 – June 24
Canada New Media Fund ‐ Product Assistance Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Administered by Telefilm Canada, the Fund is a national program which supports the creation and the distribution of interactive digital cultural content products. http://www.telefilm.gc.ca/03/311.asp?fond_id=3 Loan The Department of Canadian Heritage, Telefilm Canada • Media • Entertainment Digital, Digital Media, New Media, Media, Content, Interactive, Games, Video Games, Gaming, Entertainment, Edutainment, Website, PC, Mobile, Console, Handheld Canada 50% of eligible costs up to a maximum of $550,000 for each of development, production and marketing. 4‐May It is expected that the assistance provided by Telefilm Canada through the Fund will support Canadian interactive digital content companies in undertaking innovative projects that have strong potential for commercial sales in the domestic and international marketplace, resulting in an increased capacity for corporate growth through intellectual property development and improved revenue opportunities. *Have a head office based in Canada and the company’s activities should take place in Canada; and able to demonstrate that they, or another otherwise eligible applicant, have *Must be able to demonstrate that they exercise creative and financial control from development through production, marketing and revenue reporting. *The applicant company (or companies involved in private sector co‐productions) must own 100% of the copyright of the product that is the subject of the application. In the case of co‐productions with Canadian public agencies accepted by Telefilm Canada, the co‐producing companies must own 100% of the copyright of the product, but the *Must be able to demonstrate a confirmed financial structure when applying to the Fund. *Must be able to demonstrate that their projects will be delivered by January of the following year. * Must be for the development, production and marketing of interactive content for the following platforms: independent website, Convergent Project, PC, mobile device (phone or PDA), Console and Handheld Console *All products must provide the user with an interactive experience occurring between the user and software or the user and other users as enabled by software, which allows them to play, learn or otherwise be entertained. *a minimum of 75% of eligible costs must be incurred in Canada; * expenses incurred and/or paid previous to submission of the application are not eligible; *each of producer fees and overhead may not exceed 10% of BACK sections of the production or marketing budget; *combined producer fees and overhead may not exceed 20% of A to F sections of the development budget; and *rights acquisition costs cannot include payment to a related party or co‐production partner. *The maximum amount of commitment to any given product is $550,000 per fiscal year, based on Telefilm Canada’s fiscal year (April 1st to March 31st). *The maximum level of financial participation per phase is as follows: *For all platforms, Telefilm Canada will advance up to 50% of eligible costs, up to a maximum of $250,000 in development; with the exception of products for Consoles in which case, Telefilm may choose to advance up to 50% of eligible costs, up to a maximum of $ 550,000 in development. Telefilm Canada considers the Sony PlayStation™, the Microsoft Xbox™ and the Nintendo Wii™ as Consoles. *For all platforms, Telefilm Canada will advance up to 50% of eligible costs, up to a maximum of $ 550,000 in production. Marketing *For all platforms, Telefilm Canada will advance up to 50% of eligible costs, up to a maximum of $ 550,000 in marketing. *Telefilm Canada will allow the applicant to recoup 100% its own financial participation in a pro rata pari passu position with all other financial participants except Telefilm Canada. Telefilm Canada will recoup 100% of its financial participation after all other financial participants have fully recouped. *Telefilm Canada’s revenue recoupment shall be from all worldwide Gross Receipts starting from first dollar. Depending on the type of revenue, and at its absolute discretion, Telefilm Canada may
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
allow for standard deduction rates to cover expenses associated with the type of exploitation as follows: *Distribution Exploitation Revenues: a 15% deduction will be allowed on Gross Receipts. *Direct Exploitation Revenues: a 35% deduction will be allowed on Gross Receipts. *Royalty Revenues: Telefilm Canada will not participate in profit sharing once it has recouped its advances.: no deduction will be allowed on Gross Receipts. *Concept – 45 % Marketing – 45% Canadian Cultural Content – 10 % *Application Form *Project Description *Concept and Design Document *Product Demo, Prototype and/or Final Version *CV/Bio of key participants *Corporate Profile *Project Budget *Proof of confirmed financing *Co‐production agreement (if applicable) *Project Schedule *Chain of Title *Further documentation depending on distribution form and phase of development (development, production, marketing) *Various declaration forms 4‐May 10 weeks
Canada Small Business Financing Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount
Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs
Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Under the program, the Government of Canada makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. CSBF http://strategis.ic.gc.ca/SSG/la01107e.html Loan Industry Canada • Any Business loan, bank loan, small business loan Canada Up to a maximum of $500,000 for any one business, of which no more than $350,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment. Continuous intake * To help new businesses get started and established firms make improvements and expand * To improve access to loans that would not otherwise be available to small businesses * To stimulate economic growth and create jobs for Canadians Small businesses operating for profit in Canada, with gross annual revenues of $5 million or less. Loans can be used for financing up to 90% of the cost of: * purchasing or improving land, real property or immovables * purchasing leasehold improvements or improving leased property * purchasing or improving new or used equipment "The interest rate is determined by your financial institution. The interest rate may be variable or fixed: * Variable rate: The maximum chargeable is the lender’s prime lending rate plus 3%. * Fixed rate: The maximum chargeable is the lender’s single family residential mortgage rate plus 3%. A registration fee of 2% of the total amount loaned under the program must also be paid by the borrower to the lender. It can be financed as part of the loan. The registration fee and a portion of the interest are submitted to Industry Canada by the lender to help offset the costs of the program for the government Lenders are required to take security in the assets financed. Lenders also have the option to take an additional unsecured personal guarantee, which cannot exceed 25% of the total amount loaned. " Decisions to lend are based on lending criteria of each financial institution. financial institutions deliver the program. Discuss your business needs with a financial officer at any bank, caisse populaire, or credit union in Canada. The financial officer will review your business proposal and make a decision on your loan application. Once the decision is made to offer financing under the program, the financial institution will register the loan with Industry Canada. Continuous intake
Canada Youth Business Foundation & BDC Start‐Up Financing Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Provides small, low interest loans to young entrepreneurs with sound business plans who are taking over a business. CYBF http://www.cybf.ca/entrepreneurs/cybfbdc.php Loan Industry Canada • Any Loan, small business, start‐up, young, entrepreneur, young entrepreneur, small, bank, low Canada up to $30,000 Continuous Intake This is a loan program aimed at young startups in all areas. Must agree to work with a mentor for two years. * Be approved first for CYBF Start‐Up financing * Meet BDC’s eligibility as per Application for Financing FormLegal problems, bankruptcy/insolvency, taxes, criminal record, permits/licenses, ineligible activities etc. and environment policies where applicable, subject to a final review by BDC before authorization. * Applicant to have a minimum investment of 10%Proof can be shown by way of invoices for items purchased for the company; items transferred to the company by the owner or through bank statements with adequate deposit balances. of the total value of the project (including the transfer of personal assets). * Existing CYBF clients have up to 30 days from CYBF approval date to apply for BDC Financing * BDC matches up to $15,000 matching the CYBF approved amount Start‐up related costs. *CYBF portion terms same as CYBF start‐up financing * BDC portion amortized over 3 to 5 years matching the CYBF amortization period * Repayment of outstanding BDC principal at the loan maturity date with one balloon payment * Interest rate: BDC Floating Base Rate + 5.65%, interest payable monthly after disbursement * $50 processing fee withheld upon loan disbursement * Other standard terms and conditions will apply as per BDC letter of offer (once approved by BDC) Sound business plan. *CYBF portion same as CYBF Start‐Up Financing *Complete BDC Loan Application up to 30 days after the CYBF portion is approved. Continuous Intake
Canada Youth Business Foundation Start‐Up Loan Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
Provides small, low interest loans to young entrepreneurs with sound business plans. CYBF http://www.cybf.ca/entrepreneurs/cybfstartuploan.php Loan Industry Canada • Any Loan, small business, start‐up, young, entrepreneur, young entrepreneur, small, low Canada For loans up to 7500, repayable after 3 years. For loans up to 15k, repayable after 5 years. Continuous Intake This is a loan program aimed at young startups in all areas. Must agree to work with a mentor for two years. * Between 18‐34 years old * Eligible to work in Canada (work permit holders not eligible) * Produce a complete and viable business plan * In business, fully operating, for less than 12 months * Lives in or operates the business in the community which offers the CYBF program * Has some training / experience related to their business idea * Agrees to work with mentor for a period of two years * Has a business idea that creates full‐time sustainable employment for the applicant * Must hold at least 51% voting share in the business (if a partnership) * Not a full‐time student * Loan proceeds may NOT be used for refinancing of existing debt Start‐up related costs. * Amortized over 3 years if loan is $7,500 or less * Amortized over 5 years for loans over $7,500 * Interest‐only payments in the first year * Principal repayments are made in equal monthly installments together with interest, over the remaining two to four years, depending on the amount borrowed * No penalty for early re‐payment * First year, CIBC prime rate plus 2% * Second year, conditional on timely payments, CIBC prime rate plus 1% * Third and subsequent years, conditional on timely payments, CIBC prime rate. *$50.00 CYBF loan administration fee *$10.00 CYBF monthly administration fee Sound business plan. Online Application Business Plan Reference Check Form Attend and interview Complete online orientation Continuous Intake
Canada Youth Business Foundation Succession Financing Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
Provides small, low interest loans to young entrepreneurs with sound business plans. CYBF http://www.cybf.ca/entrepreneurs/successionfinancing.php Loan Industry Canada • Any Takeover, taking over, succession, new owner Canada Up to $15,000 Continuous Intake Assist young people take over businesses. Must agree to work with a mentor for two years. * Between 18‐34 years old * Eligible to work in Canada (work permit holders not eligible) * Produce a complete and viable business plan * In business, fully operating, for less than 12 months * Lives in or operates the business in the community which offers the CYBF program * Has some training / experience related to their business idea * Agrees to work with mentor for a period of two years * Has a business idea that creates full‐time sustainable employment for the applicant * Have until the end of the fifth year of operation to attain 51% ownership in the Company financed by CYBF. (Under normal Start‐Up criteria, you must have 51% ownership at inception). * Not a full‐time student * Loan proceeds may NOT be used for refinancing of existing debt Any * Amortized over 3 years if loan is $7,500 or less * Amortized over 5 years for loans over $7,500 * Interest‐only payments in the first year * Principal repayments are made in equal monthly installments together with interest, over the remaining two to four years, depending on the amount borrowed * No penalty for early re‐payment * First year, CIBC prime rate plus 2% * Second year, conditional on timely payments, CIBC prime rate plus 1% * Third and subsequent years, conditional on timely payments, CIBC prime rate * Current prime rates may be obtained from CIBC at http://www.cibc.com/ca/rates/index.html *$50.00 CYBF loan administration fee *$10.00 CYBF monthly administration fee Sound business plan. Online Application Business Plan Reference Check Form Attend and interview Complete online orientation Continuous Intake
CANARIE ‐ Green IT Pilot Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
This program encourages the definition and implementation of collaborative projects that will accelerate the development of, and participation in, national and international "zero‐carbon" cyber infrastructure and network platforms. CANARIE http://www.canarie.ca/funding/greenit/call_for_proposals.html Grant Industry Canada • Internet infrastructure Internet, broadband, fiber optic, optical, internet, internet infrastructure, high‐speed Canada Up to $2 million 29‐Jun‐09 1. To demonstrate the technical viability and usability of a network architecture that involves relocating servers to zero‐carbon data centers and deploying network nodes that are powered by renewable resources; and 2. To develop the business case for individual sites such as universities to use carbon offsets to finance the relocation of computers and related facilities to zero‐carbon data centers. 1. The project must be innovative; 2. The project must be based on a viable funding model; 3. The applicants must be capable of undertaking the project; 4. The project must bring together the required players to identify requirements, create the collaborations needed and undertake the specific development activity proposed; 5. The lead applicant must be a Canadian corporation or other legally recognized Canadian entity; 6. The project must be technically sound and methodologically feasible; 7. The work envisaged by the project must be performed in Canada (i.e. funds cannot be allocated to foreign‐located participants); 8. CANARIE funding must be required to deliver the results of the project or to ensure the timeliness of the delivery; and 9. The project must use the CANARIE Network. *Direct Labour *Direct Materials *Sub‐contractors and consultants *Special purpose equipment *Demonstration Costs *Training *Travel *Patents *Rentals *Audit Costs *Other costs A typical CANARIE contribution to a project is expected to be up to $2 million for comprehensive zero‐carbon pilot projects of type (i), and up to $100,000 for business plans and related projects of type (ii). CANARIE can support up to 100% of eligible project costs. Proposals submitted under CANARIE's Green IT Pilot Program should also contribute to CANARIE's funding agreement objectives to some substantial degree (see Appendix B) and to the two Green IT Pilot Program objectives defined in the call for proposals. The degree of contribution to the costs of the project from other sources and the extent to which other initiatives have been approached and are providing funding to the project will also be taken into account in assessing the merit of proposals. 5‐10 page initial proposal followed by complete proposal upon successful review.
29‐Jun‐09
CANARIE ‐ R&D Programs Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
CANARIE supports projects that conform to principles of open systems and interoperability. To be eligible for funding, projects must be led by a Canadian organization and be carried out in Canada. Financial contributions from CANARIE are repayable if the project is successfully commercialized. CANARIE http://www.canarie.ca/funding/index.html Various Industry Canada • Internet infrastructure Internet, broadband, fiber optic, optical, internet, internet infrastructure, high‐speed Canada 60% of eligible project costs Periodic intake. Check program website. CANARIE supports a variety of initiatives to develop innovative applications and technologies to advanced broadband networks. 1. The project must be based on a viable funding model; 2. The applicants must be capable of undertaking the project; 3. The project must lead to infrastructure or other results that will be ongoing after CANARIE funding terminates; 4. The lead applicant must be a Canadian corporation or other legally recognized Canadian entity; 5. The project must be technically sound and methodologically feasible; and 6. CANARIE funding must be required to deliver the results of the project or to ensure the timeliness of the delivery. "*Direct Labour *Direct Materials *Sub‐contractors and consultants *Special purpose equipment *Demonstration Costs *Training *Travel *Patents *Rentals *Audit Costs *Other costs" 1. What network‐enabled application(s) will be enabled by the proposed infrastructure extension? 2. Clearly identify or demonstrate the demand for the connectivity. 3. Characterize the architectural or technical compatibility of the proposal with the Network. 4. What is the nature of the network service involved in the project? 5. What is the cost of the project? (provide details) 6. What is the contribution to the project by the applicant and other organizations? 7. What is the contribution to the reliability, redundancy, and/or availability of the CANARIE Network? 8. How does this address the needs of the ORAN and/or the needs of their users? 9. How does this meet the goals and objectives of the ORAN as previously set out in the ORAN's strategic plan?
Periodic intake. Check program website. CANARIE periodically implements new focused funding programs and posts calls for submissions on their website. Most calls for submission close between March and May. Check back or email the program administrators about upcoming projects.
CANMET Energy Technology Centre (CETC) Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Provides leadership and administesr some funding through repayable and cost‐shared contract funding for projects that fall within CANMET's energy‐related technology areas. CANMET http://canmetenergy‐canmetenergie.nrcan‐rncan.gc.ca/eng/about_us/ottawa/funding.html No information. Natural Resources Canada • No information. No information. No information. No information. No information. CANMET is a federal program aimed at energy research and development. No information. No information. No information. No information. No information. No information.
No information. No information. No information.
CANtex ‐ Canadian Textiles Program ‐ Productivity Component Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Through CANtex, the Government of Canada has re‐affirmed its commitment to help eligible Canadian textile manufacturers lower costs, enhance productivity, improve company efficiency, and diversify textile products. http://www.ic.gc.ca/eic/site/ctp‐ptc.nsf/eng/h_mn00001.html Grant, Loan Industry Canada • Textile Textile, manufacturing Canada Up to $100,000 in grants, up to $100,000 in loans. Numerous application deadlines throughout the year. Best to check online. Through CANtex, the Government of Canada has re‐affirmed its commitment to help eligible Canadian textile manufacturers lower costs, enhance productivity, improve company efficiency, and diversify textile products. Canadian companies established prior to June 27, 2002, and created for the purpose of manufacturing textiles requiring funds to: * Implementation of textile production processes to increase productivity; or * Implementation of a project to re‐engineer textile production processes and/or re‐tool production equipment and facilities to produce innovative and/or higher value‐added textile products. # Studies to identify appropriate textile production efficiency initiatives; # Planning directly related to the project; # Consultant and professional service fees directly related to the project (fees related to the cost of preparing an application are NOT eligible); # Staff wages and salaries directly related to the project; and # Equipment installation, engineering, software, and staff training costs directly related to the project. # Non‐repayable contributions will be provided at a rate of up to 50 percent of eligible project costs (see below) to a maximum of $100 000. # Repayable contributions will be provided at a rate of up to 50 percent of eligible project costs to a maximum of $500 000. Project contributions greater than $100 000 are repayable in total. *Comprehensive application form
Numerous application deadlines throughout the year. Best to check online. Ends Sept 30 2009
CANtex ‐ Canadian Textiles Program ‐ Transformative Component Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Through CANtex, the Government of Canada has re‐affirmed its commitment to help eligible Canadian textile manufacturers lower costs, enhance productivity, improve company efficiency, and diversify textile products. http://www.ic.gc.ca/eic/site/ctp‐ptc.nsf/eng/h_mn00001.html Loan Industry Canada • Textile Textile, manufacturing Canada Up to $3 million Numerous application deadlines throughout the year. Best to check online. Through CANtex, the Government of Canada has re‐affirmed its commitment to help eligible Canadian textile manufacturers lower costs, enhance productivity, improve company efficiency, and diversify textile products. Canadian companies established prior to June 27, 2002, and created for the purpose of manufacturing textiles requiring funds to: * Implementation of textile production processes to increase productivity; or * Implementation of a project to re‐engineer textile production processes and/or re‐tool production equipment and facilities to produce innovative and/or higher value‐added textile products. * Studies undertaken to identify appropriate textile production efficiency initiatives and/or to assess market opportunities for new or different textile production capacity; or, studies directly related to the project; * Planning directly related to the project; * Consultant and professional service fees directly related to the project (fees related to the cost of preparing an application are NOT eligible); * Staff wages and salaries directly related to the project; * Equipment installation, engineering, software, and staff training costs directly related to the project; * Capital costs including equipment but not land and building costs; and * Marketing costs directly related to the project (cannot exceed 20 percent of total eligible project costs). Repayable contributions will be provided at a rate of 50 percent on the first $2 million of eligible costs (see below), 40 percent on the next $2 million and 30 percent on costs above this amount, to a maximum total repayable contribution of $3 million in assistance. *Comprehensive application form
Numerous application deadlines throughout the year. Best to check online. Ends Sept 30 2010
Chemical, Biological, Radiological‐Nuclear, and Explosives (CBRNE) Research and Technology Initiative (CRTI) Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs
Terms
Judgment Criteria Application Documentation and Process
The Chemical, Biological, Radiological‐Nuclear, and Explosives (CBRNE) Research and Technology Initiative (CRTI) is part of Canada's response, helping to sharpen the focus of our scientific and security communities on the areas that are the most relevant to today’s realities. CBRNE http://www.ic.gc.ca/eic/site/fte‐fte.nsf/eng/00029.html Grant Defence Research and Development Canada • Lab Cluster Management and Operations • Collective Command, Control, Communications, Coordination and Information Capabilities for CBRN Planning and Response • S&T in support of Equipping and Training 1st Responders • Prevention, Surveillance and Alert Capabilities • Immediate Reaction and Near‐Term Consequence Management Capabilities • Longer‐Term Consequence Management Capabilities • Criminal Investigation Capabilities • S&T Dimensions of Risk Assessment • Public Confidence and Psycho‐Social Factors Defense Canada Up to $10,00,000 Annual in December The mission of the Research and Technology Initiative (CRTI) is to strengthen Canada's preparedness, prevention and response to Chemical, Biological, Radiological‐Nuclear, and Explosives (CBRNE) terrorist attack through science and technology. Canada‐based private companies and individuals. Eligible costs include items such as incremental capital costs, professional and technical labour, project management, equipment, lab operations and maintenance, overhead, travel, contracts for conferences, in support of project execution. The program will fund up to two‐thirds (67 percent) of total costs of any projects. Project partners will provide the remaining funds (33 percent) through in‐kind effort or direct financial support to the project. Maximum of $10 million per project. *Strength of proposal and relevance to current priority areas. Step 1: Review Centre for Security Science (CSS) list of current Call for proposals. Step 2: Review the scope and priorities for this call for proposals. Step 3: Determine if you are eligible to submit a proposal. Program Call for proposals Guidebook. SEE the following sections: * Mandate, section (1.2) * Specified Priorities, (Annexe A) Important Projects that address the specified priorities will receive first consideration. Failure to clearly demonstrate relevance to a CBRNE event will result in the proposal being rejected. Program Call for proposals Guidebook. SEE the following section: Who May submit a Proposal Synopsis? (5.4.1) Step 4: Review the Program Application to be aware of the specific conditions you are required to follow should you receive funding. Program Call for proposals Guidebook. SEE Sections: Post‐Project Approval/Project Implementation (6) Other Project Requirements (8) Step 5: Review the specific application instructions to know what you will be required to provide in order to submit a proposal. Program Call for proposals Guidebook. SEE the following section: Call for Proposal and Selection Process (5) Important * You must use the form specifically identified for your proposal.
Application Deadlines Processing Time Notes
* No late proposal will be accepted. Annual in December 3 months
CIDA Mass Media Initiative Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount
Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
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Judgment Criteria
The Development Information Program’s (DIP) Mass Media Initiative (MMI) financially supports television, radio, print, exhibitions, and new media projects that are aimed at increasing public awareness and understanding of international development and cooperation issues among Canadian audiences, through the innovative use of mass media. MMI http://www.acdi‐cida.gc.ca/CIDAWEB/acdicida.nsf/En/JUD‐12183041‐HUQ Grant Canadian International Development Agency (CIDA) • Media • Entertainment • Arts Entertainment, new media, media, television Canada * Requested funding can range between $50,000 and $300,000, according to the availability of funds. Continuous Intake * raise awareness and understanding among Canadians about international development and cooperation issues; * highlight the Canadian contribution to developing countries; and * communicate why challenges faced by developing countries are important to Canadians. To be eligible for MMI funding, your proposal must: * be submitted by an applicant who is a Canadian citizen or who has landed immigrant status; * come from a Canadian organization based in Canada or an international agency (or its representative) capable of delivering information to Canadian audiences; * focus on international development or cooperation issues; * be consistent with the objectives of the Mass Media Initiative; * include a Canadian element in the proposed subject matter (Note: A Canadian crew does not constitute a Canadian element in the content of the project); * target a large Canadian audience; * focus exclusively within the following countries/regions where Canada has a significant aid program: Afghanistan, Haiti, The Americas and Sub‐Saharan Africa; * include signed undertakings guaranteeing dissemination of your product by a significant Canadian broadcaster(s), publisher(s) or distribution outlet(s). * Eligible costs include, but are not limited to: o salaries and fees o travel expenses o research o production o distribution (only applicable for special inserts or special editions) o monitoring/evaluating tools used to measure the project's impact through quantitative and qualitative mechanisms o publicity and marketing o overhead expenses (CIDA will compensate for overhead costs by applying a 12 percent overhead rate to the CIDA share of eligible costs) * For specific phases, MMI will: o contribute up to 50 percent of project costs for the production and/or post‐production phases; o contribute up to 10 percent of the total budget for publicity, marketing, or distribution. Total funding for your project from CIDA’s MMI program (including all other federal departments) cannot exceed 50 percent of your project’s overall budget. o the strength of the concept; o the depth of research of your idea as well as the depth of the analysis that you intend to provide in your approach; o its consistency in meeting the objectives of the Mass Media Initiative; o the social relevancy and timeliness of international development issues & themes covered; o the significance and prominence of the Canadian element in the treatment;
Application Documentation and Process Application Deadlines Processing Time Notes
o the extent and innovativeness of the marketing and distribution methods you intend to use (cross‐ promotion/cross‐platforms); o the project team’s demonstrated capacity to produce, promote, and distribute the project, and to work overseas, if applicable; o the project’s ability to effectively reach its target audience, as well as the size of the target audience; o the overall completeness and clarity of the proposal and supporting documentation; o the total amount of funding requested, its proportion of total project costs, and how the proposal meets established funding criteria; and o the project’s overall quality, feasibility, originality, and creativity. *Application form *Detailed proposal and project budget. *Comprehensive marketing and distribution plan. Continuous Intake The Canadian Television Fund (CTF), National Film Board of Canada (NFB), Telefilm and tax credit programs, among others, are considered to be arm's‐length public funding sources and are therefore eligible to be included in your financial structure.
CIHR Innovation and Industry Programs ‐ Operating Grant: Small and Medium Enterprise Summary
Abbreviation Website
Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines
CIHR/SME Operating Grants provide support for research projects by an individual or small group of investigators. Candidates must secure partnered funding from an eligible company before a registration can be submitted. http://www.researchnet‐ recherchenet.ca/rnr16/vwOpprtntyDtls.do?prog=502&view=search&terms=sme&incArc=true&org= CIHR&progType=CIHR‐12&type=AND&resultCount=25 Terms/Assistance/Benefits: Co‐funding on a project basis. Canadian Institutes of Health Research • Health research • Health sciences • Medical Health research, health, medical, medical science. Canada $100,000 to $150,000 Numerous application deadlines throughout the year. Best to check online. * encouraging and facilitating university‐industry collaborations in health research; * stimulating research activity in Canada; * stimulating jobs and growth in the Canadian economy; * enhancing communications between senior management in industry and universities; * creating attractive and stimulating job opportunities in Canada for the researchers who have been developed/trained in our universities and research hospitals; * stimulating the health research programs of start‐ups, university spin‐offs and SMEs; and, * facilitating transfer of discoveries to the marketplace or bedside. * Candidates must secure partnered funding from an eligible company before a registration can be submitted. A company is eligible provided that it: o is federally or provincially incorporated in Canada (exceptions will be considered upon receipt of documentation that a researcher has been unable to develop a collaboration with a suitable federally or provincially incorporated company in Canada); o demonstrates adequate resources to meet its commitment to a program; and o has a demonstrable ability to apply the results of research and development itself or through agreements with other companies having the capacity to produce and market products and processes. Grant funds must contribute towards the direct costs of the research program or project for which the funds were awarded. The Institution provides for indirect or overhead costs, such as the costs associated with facilities and basic utilities, the purchase and repair of office equipment, administration fees, insurance for equipment and research vehicles, and basic communication devices such as telephones and fax machines. The funds must be used effectively and economically, and the expenses must be essential for the research supported by the grant. * An industry partner must contribute to the grant at a 1:2 (CIHR: Industry) ratio (including eligible in‐kind contributions). Up to 25% of an industry partner's required contribution may comprise of in‐ kind (cash‐equivalent) contributions. In‐kind contributions are generally those that are entirely relevant and central to the research (such judgment may be referred to peer review) and would have to be purchased if they were not provided by the industry partner. The types of in‐kind contributions that are recognized and therefore considered eligible to lever CIHR funding are listed in the "In‐kind Eligibility Table". *To excel, according to internationally accepted standards of scientific excellence, in the creation of new knowledge and its translation into improved health for Canadians, more effective health services and products and a strengthened health care system." * The application process for this funding opportunity is comprised of two steps: Registration and Full Application. * To complete your Registration and Application, follow the instructions identified in the Operating Grants (Industry Partnered) ‐ Web Forms "Registration" Phase Instructions and the Operating Grants (Industry Partnered) ‐ Web Forms "Application" Numerous application deadlines throughout the year. Best to check online.
Processing Time Notes
CIHR Proof of Principle Phase II Summary
Abbreviation Website
Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Proof of Principle Phase II (POP‐II) Grants will fund proof of principle research projects up to 12 months duration at the co‐investment stage undertaking follow‐on proof of principle activities in partnership with a non‐academic investor. This funding opportunity is aimed at providing a platform to better enable the academic institution/researcher to move the discovery/invention further down the innovation pipeline. Research projects across all four pillars of CIHR are eligible for this program. Note that the end product is not required to generate revenue, but there must be a demonstrated market and opportunity for your product. The stage that best fits the POP Phase II is one where the principle of the IP has already been proven and the applicants have acquired interest from partners willing to invest in the new technology. The proposal should be for further confirmatory testing of the IP. Applications focused solely on prototype construction will not be considered. It is not a prerequisite to have Phase I funding in order to apply to Phase II. http://www.researchnet‐ recherchenet.ca/rnr16/vwOpprtntyDtls.do?prog=636&&view=currentOpps&org=CIHR&a mp;type=AND&resultCount=25&sort=program&all=1&masterList=true Grant Canada Institutes of Health and Research • Health research • Health sciences • Medical Health research, health, medical, medical science. Canada Phase 1 grant of up to $150,000 and Phase 2 grant of up to $250,000 LOI deadlines in February and September * promote the application of health research in Canada; * promote academic health research and technology transfer activities that support the commercialization of IP and the implementation of knowledge; * provide the opportunity to enhance and strengthen the value of IP (or IP portfolio); * provide the opportunity to ascertain the potential for commercial viability of IP; * improve the academic institutional / researcher's business prospects and potential for downstream investments on the IP; * accelerate the technology transfer/commercialization of IP residing in academia. 1. Funding consideration is open to researchers who have an established track record of recognized, competitive, peer‐reviewed funding from recognized agencies for research in areas related to the proposed project. 2. Letters of Intent and Full Applications must be supported and signed by the Director of the Technology Transfer Office (or equivalent) of an eligible institution. 3. In cases where the applicant(s) and/or TT Office fully or partly owns or is affiliated with the identified receptor company, the applicant(s) must declare and describe his/her ownership situation. It is anticipated that the management of such situations will be done in accordance with the Conflict of Interest Policies of the applicant's academic institution. 4. It is expected that the applications put forth be for proof of principle research on intellectual property that has been subjected to an initial technology assessment and selected for its significant commercial potential. 5. Proof of Principle Grants are not renewable. Applications for the continuation of a research project funded through the POP program must progress from Phase I to Phase II. Applicants wishing to submit new applications to a Phase where they have already received funding must clearly explain how the IP in the present application is distinct from the previously funded application. 6. Principal Applicants affiliated with the non‐academic institution investor must meet the CIHR Policy on Eligibility Guidelines. 7. No single applicant can have equity positions and/or share options greater than 30% in the partner company. More than 50% of the equity positions and/or share options in the partner company must be owned by a party unrelated to the applicants and/or academic institution(s). Up to 20% of the requested budget can be for eligible expenses incurred through the implementation of the commercial plan for the specific IP. Such eligible expenses are as follows: * Patenting costs (up to $15,000); * Consulting fees, where services and expertise are not available; * Market studies, to determine market potential;
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
* Communication and Networking costs, e.g., web‐based information or seminar to attract investors; * Collaborative trips; * Resource materials. * Grantees will be required to provide a final report on the use of POP grant funds in which reference must be made to the milestones and baseline activity in the original application. * Grantees and Technology Transfer offices (or equivalent) of the grantee's institution will be required to respond to follow‐up surveys on the tangible and intangible outcomes of the funded activities. I) Criteria for Research and Technical Plan * Description, feasibility and appropriateness of the research plan * Originality of the research plan and impact of the expected contributions * Relevance and description of the scientific and/or technical requirements to move the invention/discovery toward commercialization. * Identification of potential hurdles and how they will be addressed * Qualifications and track record of the applicants * Applicants' familiarity with literature in the field and current competitive, or emerging, technologies * How the proposed experiments will strengthen the IP position or generate new IP II) Criteria for Commercialization Plan * Description, feasibility and appropriateness of the commercialization plan ; Demonstration of a need for Proof of Principle research * Impact of proposed product/service on the health of Canadians and/or the health economy * Description of patenting strategy, freedom to operate, prior art, market evaluation and opportunity; Consideration of potential barriers to commercialization * Industry and business contacts, appropriateness of receptor company * Qualifications, track record of persons associated with the commercial aspects of the project and identification of business expertise needed to complete the plan. * Capacity and commitment of applicant's institution to take the project through the commercialization process * Appropriateness of follow‐on steps planned at conclusion of project Letters of Intent and online application.
LOI deadlines in February and September 7 months
Community Futures Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Through Government of Canada funding, CFDCs administer local investment funds to help finance new or existing small businesses and social enterprises for start‐up, expansion or stabilization plans that help maintain or create jobs. CFP http://www.ontcfdc.com/frame3.asp?lang=English Loan FedNor / Industry Canada • Any North, Northern Ontario, project Northern Ontario, Rural Southern Ontario Up to $150,000 Continuous intake to help finance new or existing small businesses and social enterprises for start‐up, expansion or stabilization plans that help maintain or create jobs Organizations, entrepreneurs, small‐to‐medium businesses and social enterprises located in Northern Ontario and rural Southern Ontario residing within the boundaries of the 61 Community Futures Development Corporations are eligible for CFDC support and services. New or existing small businesses for start‐up, expansion or stabilization plans that help maintain or create jobs. Repayable financing of up to $150000 on commercial terms through loans, loan guarantees or equity investments is available when financing from other sources is insufficient. *Job creation *Commercial viability *Business plan and interview.
Continuous intake
Community Ventures Capital Fund Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The CVCF is looking to invest in Eastern Ontario companies poised to grow profitably. We target established and start‐up organizations that have a solid management and detailed development opportunity. We focus on first, second and third round investments, spin‐offs, expansions and restructurings, in the $200,000 to $500,000 range. CVCF http://www.communityventures.ca/whatiscvcf.htm Equity investment Community Futures Development Corporations (CFDCs), economic development agencies, private sector investors • Bio‐products and Biotechnology • Agri‐biotechnology • Telecom Products and Software • Fabrication and Production Industries • Food and Beverage • Consumer Products Equity, capital, venture capital, investment, eastern Ontario, bio‐products, biotech, biotechnology, agriculture, technology, telecommunications, telecom, software, food, beverage, consumer Eastern Ontario Up to $500,000 in an equity investment, and optionally up to $125,000 in term financing. Continuous intake Economic development and diversification, particularly in the knowledge‐based, bio‐products, technology and manufacturing sectors. * Bio‐products and Biotechnology * Agri‐biotechnology * Telecommunication Products and Software * Fabrication and Production Industries * Food and Beverage * Consumer Products * GROWTH FINANCING * FIRST ROUND * SECOND or THIRD ROUND * SPIN‐OFFS * EARLY‐STAGE COMPANY TURNAROUNDS and RESTRUCTURINGS Negotiated on a case‐by‐case basis, with terms similar to other types of early‐stage equity financing. The CVCF is looking to invest in Eastern Ontario companies poised to grow profitably. We target established and start‐up organizations that have a solid management and detailed development opportunity. We focus on first, second and third round investments, spin‐offs, expansions and restructurings. Preliminary Assessment Completed Application Detailed Business Plan Application Fee Various supporting documents Continuous intake Several months
Defense Industrial Research Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
The Defense Industrial Research (DIR) Program supports eligible research projects from the Canadian private sector at the 50 per cent funding level. The DND financial contribution under the DIR Program does not have to be repaid. The maximum project size is typically around $1 million. DIRP http://www.drdc‐rddc.gc.ca/partner‐partenariat/prog/dirp‐prid/guide‐eng.asp Grant Defense Research and Development Canada • Any Defense Canada Up to $500,000 Continuous intake The primary objective is to support the strategic research interests of the Canadian Forces and to introduce new and innovative technologies into DND. the company must submit claims and progress reports periodically The company must provide evidence of its capability to successfully address the proposed project and its subsequent commercialization, from both the technical and business aspects. This means that: 1. the company must have a qualified technical team to carry out the proposed research; 2. the company should have a good economic foundation and capabilities; 3. the company must demonstrate its ability to fund its share in the cost of the project; and 4. the company should not be wholly (or almost wholly) dependant upon the support of the DIR Program for its existence. 5. the research should be relevant to the purposes of national defense 6. The DIR Program is intended to support eligible projects with a strong research component. 7. Research projects should have identifiable technical risks/challenges and/or should advance the science/technology involved. 8. The company must be able to demonstrate that it has a management structure that enables it to perform both the research and the commercialization of the proposed technology, and have a BUSINESS PLAN which satisfactorily addresses its ability to exploit the technology, and which gives confidence in the economic viability of the company. *Costs directly attributable to the research project. The Defence Industrial Research (DIR) Program supports eligible research projects from the Canadian private sector at the 50 per cent funding level. The DND financial contribution under the DIR Program does not have to be repaid. The maximum project size is typically around $1 million. *Relevance to the national defense of Canada or its allies. *Technology viability *Company viability *Brief project outline *Full proposal for selected projects Continuous intake The stacking of any funds from other Canadian government sources or Crown corporations is deemed to be part of the total DND/DIRP contribution which must be matched by the company. The company, if so eligible, may take advantage of Revenue Canada R&D Tax Credits, provided that these, together with the DND/DIRP contribution of 50 per cent, do not exceed 75 per cent of the total cost of the project.
DND/NSERC Research Partnership Program Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
Grants are awarded for support of university‐based research carried out in collaboration with DND and Canadian‐based companies. Approved activities may be supported for up to five years and a maximum of $500,000 per project. http://www.nserc‐crsng.gc.ca/Professors‐Professeurs/RPP‐PP/RPADND‐EPRMDN_eng.asp Grant Defense Research and Development Canada • Electronics • Undersea Systems • Information • Systems • Air Vehicles • Naval Platforms • Mobility Systems • Surveillance Systems • Human Systems Integration • Life Support Systems Defense Canada Up to $500,000 Continuous intake More generally, the Program attempts to strengthen the Canadian defence industrial base and supports the Canadian Government Science and Technology (S&T) Policy with regards to wealth generation and job creation. *The program is open to academic staff members of Canadian universities. Applicants must satisfy normal NSERC Eligibility Criteria as outlined in NSERC's Program Guide for Professors. *To be eligible for support, a proposal must involve a collaborative effort with at least one eligible industrial partner and/or at least one DND Scientific Authority; it must also include information about intellectual property agreement(s) being negotiated or in place that specifically address the disposition of intellectual property rights coming into and/or emanating from the proposed research project. *An eligible industrial partner is a single Canadian‐based firm or consortium of companies incorporated and operating in Canada. *The industrial partner(s) must include at least one eligible industrial partner but can include other eligible and non‐eligible companies. DND and NSERC will provide funding for university‐based research, research training and research‐ related activities carried out in collaboration with DND and Canadian‐based companies. *Approved activities may be supported for terms of up to five years with funding beyond the first year contingent upon evidence of satisfactory progress and, where applicable, evidence of continuing support from the industrial partner(s). *The maximum value of the research grants made available under this program is normally limited to $500,000 per project. Requests exceeding this amount will only be considered under special circumstances and on a case‐by‐case basis. *Cash and in‐kind contributions from industry are recognized by the program as eligible contributions and valid commitments if they are used to defray the direct cost of the proposed activity. 1. Relevance to DND and NSERC Research Priorities 2. Merit of the Research Proposal 3. Interactions and Partnerships 4. Training 5. Management and Budgeting As a first step, applicants must contact the DND scientific authority to ensure that the proposed research activity aligns with the DND research priorities. Research proposals must be submitted on NSERC forms. Continuous intake
Eastern Ontario Development Fund Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
The Eastern Ontario Development Fund will invest up to 50 per cent for economic development projects valued at $100,000 or more. http://www.ontariocanada.com/ontcan/en/eodf_main_en.jsp Grant Ministry of Economic Development and Trade • Manufacturing • Processing (primary and secondary, including projects in sectors such as agriculture and food and forestry) • Tourism (e.g. hospitality & entertainment) • Business services • Cultural industries • Technology (e.g. Information and Communications, digital media) • Green technologies (environmental services) manufacturing, processing, agriculture, food, forestry, tourism, business services, culture, technology, ICT, media, digital, green, clean, environment Eastern Ontario Up to $1.5 million Continuous intake To attract investment and support job creation in eastern Ontario Support is available to businesses: ‐ With at least 10 employees, and who can provide 3 years of financial statements, ‐ With a project idea that involves a minimum investment of $500,000 in eligible project costs and will create 10 net new jobs over 5 years, **Retail, personal services, electricity generation, primary production (from agriculture, forestry, mining, etc.), free standing restaurants, golf courses, residential development, academic/research institutions, arms length government agencies, and consultants are ineligible. • Acquisition of special purpose buildings, including retrofits. • Project‐related infrastructure • Project‐related capital expenses directly attributable to the project • One‐time labour and materials, including such fees as engineering costs to set up/commission new equipment, technology or systems. • Intellectual capital • Skills training, including employer‐provided, related to the project. • Costs of permits, inspections and other fees directly related to the project. The Eastern Ontario Development Fund–Business Stream will fund up to 15 per cent of eligible project costs for approved projects. Successful applicants are expected to contribute at least 50 per cent of total project costs from their own business resources or through private financing. Maximum funding from EODF is up to $1.5 million per approved project. • Prospects for the proposed project to help the business grow move forward or transition to new markets/lines of business. • Quality of business plan – understanding/assessment of business environment and plan to address it, prospects for ongoing business success • Feasibility/viability of project – technical, market‐related, degree of innovation • Project budget • Prospects for the proposed project to deliver outcomes/benefits on EODF measures • Risk Assessment 1. Complete the eligibility checklist 2. Discuss your project with one of the program contacts 3. Complete the full application form Continuous intake Once a complete proposal is submitted, and you receive a confirmation of complete proposal, the 45‐day customer service guarantee begins. Up to 35 per cent of the total project costs can come from other public sector funding sources. Up to 15 per cent will come from the EODF ‐ Business Stream funding, and the remaining 50 per cent is expected to come from your own business resources or through private financing.
ecoAgriculture Biofuels Capital Initiative Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
The ecoABC Initiative is a federal $200 million four‐year program ending on March 31, 2011 that provides repayable contributions for the construction or expansion of transportation biofuel production facilities. ecoABC http://www4.agr.gc.ca/AAFC‐AAC/display‐afficher.do?id=1195672401464&lang=eng Loan Agriculture and Agri‐Food Canada • Biofuel Biofuel, Bio Fuel, Fuel, Biogas, Energy, Agriculture, ethanol, biodiesel, cellulosic ethanol. Canada Variable Continuous intake To provide an opportunity for agricultural producers to diversify their economic base and participate in the biofuels industry through equity investment/ownership in biofuels production facilities. Funding is conditional upon agricultural producer investment in the biofuel projects, and the use of agricultural feedstock to produce the biofuel. *Must an equity investment in the project from agricultural producers equal to or exceeding five percent (5%) of the eligible project costs. *Agricultural feedstocks must be used to commercially produce the transportation biofuels. For the purposes of ecoABC, transportation biofuels are substances such as ethanol, biodiesel, and cellulosic ethanol that are produced from agricultural feedstocks and can be blended into traditional fuels. As well, when blended at low levels (up to 10% for ethanol and 5% for biodiesel), the biofuels can be used in internal combustion engines without engine modification; *The minimum annual production capacity of the new facility, or the increase in capacity of an existing facility must be a minimum of 3 million liters per year for biodiesel facilities and 5 million liters per year for fuel ethanol facilities. * contract costs and fees for design, engineering, procurement and construction services including intellectual property licenses; * costs associated with environmental assessments for the project (subject to a limit of 10% of all eligible project costs claimed); * costs for the production systems and equipment, including monitoring and tracking systems; * salary costs or fee components for design, engineering, procurement and construction; and * salary costs or fee components in contracts for implementing and commissioning the facility. *The contribution will be calculated in terms of an incentive rate in cents per liter multiplied by the increase in the annual production capacity (nameplate capacity) of the renewable fuels facility. The incentive rate increases as a function of increasing levels of agricultural producer investment in the project. The minimum rate of ecoABC contribution, at the minimum eligible agricultural producer investment in the project of five percent (5%) of the Eligible Project Costs, is eight cents per liter (8 ¢/L). The ecoABC incentive rate increases with increasing levels of agricultural producer investment to a maximum of 20 cents per liter (20 ¢/L) production capacity. *For all percentage levels of agricultural producer equity as a proportion of Eligible Project Costs above five percent (5%), the contribution (incentive) rate will be calculated to a maximum of twenty cents per liter (20 ¢/L) Repayment will be determined by a project's profitability. *Repayment will begin on January 1, three years after the facility begins producing at its annual production capacity (nameplate capacity), and will continue for seven subsequent years or until repayment totals the amount of the original contribution to the recipient, whichever comes first. *For each calendar year, the recipient will repay an amount calculated as of December 31st of each year as follows: Average Gross Income Per Liter ‐ $0.20 per liter) X the total biofuels produced in the previous twelve months X 0.25.If the Average Gross Income Per Liter is $0.20 or less, the repayment for that year will be zero. 1. Evidence that the applicant has appropriate property rights to the required land (e.g., ownership, lease, easement agreements, etc.); 2. Documentation demonstrating approval of the project by municipal or regional development authorities. This includes addressing any relevant zoning and environmental issues; 3. Proof that the project has received, or is in the process of obtaining, the required provincial/territorial environmental authorization and other relevant permits; 4. Letters of commitment from all financial partners demonstrating financial capacity to carry out the project (may be conditional on receiving an ecoABC contribution); 5. A certified copy of the binding construction contract(s) for the transportation biofuel production facility (may be conditional on receiving an ecoABC contribution);
Application Documentation and Process
Application Deadlines Processing Time Notes
6. An estimate of Eligible Project Costs; 7. Verification of new agricultural producer equity investment in the project equal to a minimum of five percent (5%) of forecasted Eligible Project Costs; 8. Submission of information required by AAFC from the applicant to allow AAFC to assess the project under the CEAA. Note that the environmental assessment‐related documentation can be submitted prior to the submission of the information in points a to q above. Early submission of environmental assessment‐related information will provide additional time for AAFC and other federal departments to consider this documentation; and 9. Evidence of access to or ownership of required intellectual property and licenses. *Letter of Interest * ecoABC Funding Proposal *Verification of Start of Construction * Commissioning of the Facility *Confirmation of Continued Agricultural producer Equity Investment Continuous intake Applications are processed on a first‐come, first serve basis within each province or territory to a maximum total of $50 million per province or territory until 2011.
ecoENERGY for Renewable Power Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
coENERGY for Renewable Power will provide an incentive of one cent per kilowatt‐hour for up to 10 years to eligible low‐impact, renewable electricity projects constructed over the next four years, April 1, 2007 to March 31, 2011. http://www.ecoaction.gc.ca/ECOENERGY‐ECOENERGIE/power‐electricite/index‐eng.cfm Subsidy Natural Resources Canada • Power • Energy • Renewable energy Power, energy, biomass, solar, wind, bioenergy, fuel, gas, agrifuel, biofuel, renewable, green Canada 1 cent/Kwh produced for 1o years Continuous Intake until March, 2011 ecoENERGY for Renewable Power will invest $1.48 billion to increase Canada's supply of clean electricity from renewable sources such as wind, biomass, low‐impact hydro, geothermal, solar photovoltaic and ocean energy. Businesses, municipalities, institutions and organizations are eligible. A Qualifying Project is defined as a new or refurbished low‐impact renewable‐generating facility, or the clearly delineated expansion of an existing low‐impact renewable‐generating facility that is located in Canada and meets the terms and conditions of the ecoENERGY RP in this document. The Qualifying Project must be of a total rated capacity of 1 megawatt (MW) or greater, Not Applicable ecoENERGY for Renewable Power will provide an incentive of one cent per kilowatt‐hour for up to 10 years to eligible low‐impact, renewable electricity projects constructed over the next four years, April 1, 2007 to March 31, 2011. *Environmental sustainability and satisfaction of eligibility criteria. Cover Letter NPA Form (completed) Section C2 ‐ Proof of business registration number or corporation certificate Section E1 ‐ Map(s) Section F ‐ Proof of access to land Section G ‐ Proof of municipal / regional authorities Section H2 ‐ Proof of interconnection request Section L ‐ Project Description Section M ‐ First Nations contacts Continuous Intake until March, 2011 The stacking limit is set at 75 percent of a project's capital costs.
EDC Buyer Financing Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
EDC provides a small, term loan to your foreign buyers. http://www.edc.ca/english/financing_foreign_buyer.htm Loan Export Development Canada • Any Export, loan, financing, buyer financing Canada Up to 85 per cent of the value of the sale and to a maximum of USD$100 with repayment terms ranging from two to ten years Continuous Intake to help you offer your customer extended payment terms by providing them with financing for an export sale of capital goods and/or services. Loan is conditional upon approval of your buyer by the EDC. Foreign buyers for purchases of capital goods and/or services from Canada Foreign buyers for purchases of capital goods and/or services from Canada Negotiated on a case‐by‐case basis with foreign buyers Buyer loan approval From the Borrower/Investor: * At least three (3) years of audited financial statements and interim reports; * Company profile and key clients; * Bank reference; * In some case, available security or guarantee; * The financial preference: currency, length of the credit, fixed or floating interest rate. From the Canadian exporter: * A copy of the commercial proposal or draft contract; * Information on the relationship with the buyer and the market; * Information on the exporter’s competitor(s) for this transaction and suspected financing being offered (if available); * Information on the products being exported, and estimate of the contract, and the expected terms of payment, the expected terms of delivery, and a delivery schedule; * On a case‐by‐case basis, the exporter may be requested to complete a Canadian Benefits Report. Continuous Intake
EDC Equity Direct Investment Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
Equity Investments allows you to leverage our access to a unique combination of financial tools, expertise and international networks, and acquire the private equity and venture capital you need to grow your export business. http://www.edc.ca/english/financing_equity_investments.htm Equity investment Export Development Canada • High Technology • Industrial Technology • Clean Technology Export, Equity, Investment, Venture Capital, Private Equity, Trade, Technology Canada CAD 1 to 3 million Continuous Intake helps you access equity and venture capital to grow your international business. *Assessed on a case‐by‐case basis. *Early commercialization, expansion and later stage financing *Projects (case‐by‐case) * Commercial viability. *Commercial viability *Sustainable competitive position * a business plan or information memorandum; * a copy of the proposed investment terms and conditions (if available); * identification of other key parties, including other potential equity investors, strategic alliances, debt providers, and project sponsors (if applicable); * copies of relevant commercial documentation. Continuous Intake
EDC Equity Indirect Investment Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
Equity Investments allows you to leverage our access to a unique combination of financial tools, expertise and international networks, and acquire the private equity and venture capital you need to grow your export business. http://www.edc.ca/english/financing_equity_investments.htm Equity investment Export Development Canada • Any Export, Equity, Investment, Venture Capital, Private Equity, Trade, Technology Canada Continuous Intake helps you access equity and venture capital to grow your international business. *Assessed on a case‐by‐case basis. Not Applicable * Tenor Preference: Within 10 years * EDC Equity Participation: Subject to Export Development Canada Exercise of Certain Powers Regulations. Preference not to exceed 10% of aggregate commitments * Co‐Investors: At least 2 other arms‐length, value‐added and reputable co‐investors *Sound business plan *Commercial viability *Available co‐investment partners * a business plan or information memorandum; * a copy of the proposed investment terms and conditions (if available); * identification of other key parties, including other potential equity investors, strategic alliances, debt providers, and project sponsors (if applicable); * copies of relevant commercial documentation. Continuous Intake
EDC EXPORT Express Credit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
If you need money to promote your company in a new foreign market, attend a trade show or increase production capacity for an export order, we can help. Through our partnership with Mercantile Finance Services Ltd., we can provide unsecured loans of up to $50,000 with flexible repayment terms of up to two years http://www.edc.ca/english/financing_export_express_credit.htm Loan Export Development Canada • Any Export, loan, trade show, marketing, trade, border, equipment, travel, foreign Canada Up to $50,000 Continuous intake To promote Canadian companies in foreign markets. This program is designed for Canadian exporting companies with at least two‐years operating history and with annual sales of less than $5 million. •Cover specific contract costs – all costs associated with a specific export contract. •Fund a marketing program – this includes trade shows, brochures, display units, market research, etc. •Purchase equipment – the equipment must be specific to the manufacturer of the specific product being exported. Borrow up to $50,000 over 2 years, no penalty for early payback, no pledge of company or personal assets is required to qualify, $200 administration fee is due at application. Viability of your business 4‐page application form
Continuous intake As little as 24 hours
EDC Export Guarantee Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount
Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Enables you to obtain loans from your financial institution to provide you with the financing you need for your export‐related activities or foreign investments. http://www.edc.ca/english/financing_export_guarantee.htm Loan guarantee Export Development Canada • All Guarantee, loan, export, trade, international, Canada * up to 100% for loans where Canadian companies are making direct investments abroad; * up to 90% for guaranteed amounts up to and including $500,000; * up to 75% for guaranteed amounts greater than $500,000 and up to $10 million. Continuous intake. By providing a guarantee to your financial institution, the Export Guarantee Program could help you access additional financing to support export‐related activities and/or foreign investments. *Any Canadian company with export‐related activities or foreign investments can inquire about this program. To qualify, your financial institution must be willing to establish a credit arrangement with your company and participate in the financing. *small and medium sized Canadian companies in most sectors; * you must have, or be able to obtain credit arrangements with your financial institution; and *your financial institution must indicate their willingness to participate in the deal. • finance your work in progress and inventory related to a specific or multiple export contracts; •finance ongoing export‐related working capital needs; •finance the purchase of equipment or other expenses related to export activities; •provide support for those looking to expand their business by making business investments outside Canada; •finance foreign‐domiciled inventory. Among other requirements, this type of inventory must consist of finished goods for which the exporter has unencumbered legal title; and •free up your working capital by using the security of your foreign receivables and an EDC guarantee to your financial institution to increase your operating line of credit. Costs are based on the associated risks, the duration of the contract and the amount of financing required. Contingent upon acceptance and participation by your banking institution. *Signed Term Sheet or Facility Agreement *Export Contract or Exporter Declaration * Exporter’s financial statements (3 years) *Financial Institution’s credit write‐up Continuous intake.
EDC Project Finance Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
Project Finance provides structuring expertise and direct financing of complex, large‐scale global projects across a variety of industry sectors. This type of financing support is typically required when the project sponsor needs to build, expand or acquire a project. http://www.edc.ca/english/financing_project_finance.htm Loan Export Development Canada • Any Project, international, trade, export, large Canada Variable Continuous Intake Provides project sponsors with access to limited‐recourse financing for large‐scale global infrastructure and industrial projects. Complex, large‐scale global projects. Any project sponsor with a project that demonstrates economic benefits to Canada can inquire about our project financing solutions Negotiated on a case‐by‐case basis. *research and development potential; *number of start‐up firms created; *employment growth; *quality of jobs created; *dividends, royalties, licensing fees, etc.; *market share maintenance or growth (particularly for new products or technologies); *number of primary/lead contractor designations for projects; and *potential for small and medium sized business growth * a financial model clearly detailing the sources of revenue; * market and feasibility studies; * an insurance review; * an independent engineer’s report; * an environmental assessment; and * details of Canadian content and/or ownership (as applicable). Continuous Intake
EDC Supplier Financing Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
Tailored towards small‐ and medium‐sized export contracts. Under a note purchase arrangement, we can buy promissory notes issued to you by your foreign buyer related to the sale of Canadian goods and services. This reduces your risk of non‐payment and increasing your access to cash. http://www.edc.ca/english/financing_supplier_financing.htm Loan Export Development Canada • Any Guarantee, loan, export, trade, international, risk, note, payable, foreign Canada Variable Continuous Intake provides you with access to cash rather than waiting for payment from your foreign buyers. Contact a program administrator before the commercial contract with a foreign buyer is signed to determine whether a note purchase is feasible because certain requirements must be met to qualify for this arrangement. *Transaction financing Rates are based on credit risk of your customer, term of the note and market risk. *Financial standing of the supplier. From the Borrower/Investor: * At least three (3) years of audited financial statements and interim reports; * Company profile and key clients; * Bank reference; * In some case, available security or guarantee; * The financial preference: currency, length of the credit, fixed or floating interest rate. From the Canadian exporter: * A copy of the commercial proposal or draft contract; * Information on the relationship with the buyer and the market; * Information on the exporter’s competitor(s) for this transaction and suspected financing being offered (if available); * Information on the products being exported, and estimate of the contract, and the expected terms of payment, the expected terms of delivery, and a delivery schedule; * On a case‐by‐case basis, the exporter may be requested to complete a Canadian Benefits Report. Continuous Intake
Enterprises North Job Creation Program Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
NOHFC provides financial assistance to the private sector to help bring new jobs and economic prosperity to the North. http://www.mndm.gov.on.ca/nohfc/program_enjcp_e.asp Loan, Grant Ontario Ministry of Northern Development and Mines, Northern Ontario Heritage Fund Corporation • Agriculture • Mining • Forest products • Resource‐based, cultural, adventure or nature‐based tourism • Manufacturing • Technology •Telecom North, Northern Ontario, employee, salary, job, Northern Ontario The maximum project funding from the NOHFC will generally not exceed 50 per cent of eligible costs up to $1 million. Continuous Intake Job creation and economic growth in Northern Ontario New and existing enterprises that will create jobs in Northern Ontario. * Leasehold improvements * Purchase of new or used equipment * Intellectual capital * Capital construction costs related to establishing or expanding a business *Staff training *Marketing *Land servicing Up to one‐half of NOHFC funding may be in the form of a conditional grant with the remainder in the form of a repayable loan. *Job creation *Commercial viability Application form
Continuous Intake
Export Market Access Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
If your company has 5 or more employees and annual sales of $500,000 or more, you may qualify for a grant covering up to 50% of eligible costs incurred to develop export sales. Eligible activities include market research, marketing tools, direct contacts and foreign bidding projects. EMA http://exportaccess.ca/ Grant Ontario Chamber of Commerce • Any Export, trade show, travel, expenses Ontario Up to 50% of the costs to become export‐ready. Continuous Intake Export Market Access: A Global Expansion Program (EMA) is designed to assist small to medium size organizations (SMEs) to access and expand their growth in new foreign markets that are beyond the U.S. ∗ Annual sales of $500,000 or more ∗ Have 5 to 500 employees ∗ Registered company (federally or provincially) for minimum of two years ∗ In full compliance with all government laws and regulations ∗ Not receiving any other contributions from public funds towards the activities contained in the funding application other than support provided through export development programs offered by the International Trade Branch of the Ontario Ministry of Economic Development and Trade 1. Direct Contacts: International trade shows, fairs and exhibits as well as incoming and outgoing missions which are verifiable and supported by a recognized third party such as governments (municipal, provincial and federal) and trade related organizations. 2. Marketing Tools: Developing promotional materials to be used for increasing awareness of applicant’s activities, and goods and services for potential international buyers and/or foreign audiences to broadly market the applicant’s products. 3. Market Research: Conducting market research for more precise international market targeting. 4. Foreign Bidding Projects: This element of EMA is intended for providers of professional services (engineering, consulting, constructions etc.) bidding on foreign projects against foreign competition. The payment clause in the EMA legal agreement stipulates that payment of25% of eligible costs will be made upon contract signing. The balance will be reimbursed upon submission by the applicant, following completion of the activities/project, a detailed report on project progress to include details on performance achievements upon project completion, and a financial report detailing costs incurred and revenues along with supporting documentation such as receipts and invoices. Upon approval and acceptance of the final report, the OCC will reimburse the applicant for the balance of 25% of eligible costs not to exceed the amount stipulated in the contract document. Eligibility of activities and expenditures for funding and linking of proposed activities to EMA's objectives; • Financial and management capability of the applicant to complete the proposed activities as described in a timely basis; • Level of funding requested in relation to the performance measurement; • Validation of expected results and outcomes ‐ what are the measurements, how will these be measured and what performance indicators will be used; and • Completeness of the application. Online Application
Continuous Intake
External Research Program Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
CMHC's External Research Program (ERP) offers funding assistance to help Canadian researchers carry out research investigations on topics related to housing. http://www.cmhc‐schl.gc.ca/en/inpr/graw/graw_001.cfm Grant Canada Mortgage and Housing Corporation • Housing • Real estate • Construction housing, residential, urban, construction, real estate, property Canada Up to $25,000 Numerous application deadlines throughout the year. Best to check online. The intent of the program is to encourage and draw out new ideas, innovative solutions, and better understanding of housing issues. Applicants must be Canadian citizens or have obtained permanent resident status in Canada. *Costs related to the research study Not Applicable Recipients of ERP grants are selected on the basis of the merit and significance of their proposals by a national committee of housing experts. *Application form
Numerous application deadlines throughout the year. Best to check online.
FCM Green Municipal Fund for Brownfield Remediation Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount
Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
FCM offers below‐market GMF loans to implement projects that represent the best examples of leadership in sustainable development of the brownfield sector. http://www.sustainablecommunities.fcm.ca/GMF/GMF‐2009‐call‐for‐applications/Brownfields‐ 2009‐call‐for‐application.asp Loan Federation of Canadian Municipalities • Brownfield Remediation Environment, ecology, agriculture, sustainable, remediation, green Canada GMF can provide financing for up to 80 per cent of costs to a maximum of $4 million in loans combined with $400,000 in grants. Brownfield projects are eligible for below‐market loans only, with no funding limit. Continuous Intake The objective of the 2008 call for applications in the brownfield sector is to fund the remediation components of brownfield redevelopment projects. Any Canadian municipal government, corporation wholly owned by a municipal government, or municipal partner may apply for funding under this call for applications. can be replicated in other communities. The following activities must be complete before submitting an application: • Phase I and Phase II Environmental Site Assessments of the project site • A remedial action planmanagement plan a) Capital costs, as defined and determined in accordance with Generally Accepted Accounting Principles (GAAP): i. acquiring, developing, constructing, modernizing or leasing systems (equipment, hardware, software, etc.) that are essential for the completion of the project; ii. costs of construction, renovation or modernization of facilities and structures essential for the completion of the project, such as materials and installation costs. b) Salaries, professional fees and remuneration: i. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in the planning, assessment, analysis, design, engineering, manufacturing, construction, monitoring, and reporting of the project, but not employed by the applicant; ii. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in public education and promotion, survey and web site development and the development of other communication tools, directly related to the implementation of the project, but not employed by the applicant; and iii. salaries, fees or remuneration paid directly to employees of the applicant working on the project are eligible only if they do not exceed 10 percent of the total eligible project costs. All projects approved for funding under this call for applications will be eligible to receive funding for up to 50 per cent of eligible project costs. Projects considered to be exceptional are eligible to receive loans for up to 80 per cent of the eligible project costs and a reduced long‐term interest rate. FCM will offer GMF loans to projects that reflect the very best examples of municipal leadership in sustainable development – projects that have high net environmental impact and that can be replicated in other communities. • A 5‐10 page summary of the Phase II Environmental Site Assessment (ESA) completed for the project. The summary must be completed by the Qualified Person or Contaminated Site Professional who was responsible for completing and environmental technologies, practices and processes ; signing off on the Phase II report. The summary must confirm that the Phase II ESA was completed, summarize methodologies used to characterize the site, summarize type and extent of contamination, describe off‐site migration issues, describe the cleanup strategies that were considered, and summarize the remediation plan for site cleanup; • Worksheets (templates are provided by FCM with the Application Forms); • A copy of the remedial action plan or risk management plan; and
Application Deadlines Processing Time Notes
• A detailed redevelopment plan (if requesting to be considered exceptional and receive the maximum amount of funding). • Most recent three years of signed audited financial statements and, if available, a business plan for the proposed project (note that FCM reserves the right to request further financial information); Continuous Intake Applications will be evaluated and considered for approval within four to five months from the date they are received.
FCM Green Municipal Fund for Sustainable Transportation Projects Summary Abbreviation Website Funding Type Source Market Keywords
Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time
FCM’s Green Municipal Fund (GMF) offers below‐market loans, in combination with grants, for sustainable transportation projects. http://www.sustainablecommunities.fcm.ca/GMF/GMF‐2009‐call‐for‐applications/Transportation‐ 2009‐call‐for‐application.asp Grant, Loan Federation of Canadian Municipalities • Sustainable transportation public transit, municipal fleets, integrated and alternative transportation systems, and transportation demand management. Canada Up to $4,000,000 in loans plus a maximum of $400,000 in grants Continuous Intake The objective of this call for applications is to facilitate shifts to sustainable modes of transportation. Any Canadian municipal government, corporation wholly owned by a municipal government, or municipal partner may apply for funding under this call for applications. can be replicated in other communities. The following activities must be complete before submitting an application: • a feasibility study • a sustainable transportation plan (or equivalent) a) Capital costs, as defined and determined in accordance with Generally Accepted Accounting Principles (GAAP): i. acquiring, developing, constructing, modernizing or leasing systems (equipment, hardware, software, etc.) that are essential for the completion of the project; and ii. costs of construction, renovation or modernization of facilities and structures essential for the completion of the project, such as materials and installation costs. b) Salaries, professional fees and remuneration: i. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in the planning, assessment, analysis, design, engineering, manufacturing, construction, monitoring, and reporting of the project, but not employed by the applicant; ii. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in public education and promotion, survey and website development and the development of other communication tools, directly related to the implementation of the project, but not employed by the applicant; and iii. salaries, fees or remuneration paid directly to employees of the applicant working on the project are eligible only if they do not exceed 10 percent of the total eligible project costs. All projects approved under this call for applications will be eligible to receive funding for up to 50 per cent of eligible project costs up to a maximum $4 million loan and a $200,000 grant. The value of the grant will not exceed 5 per cent of the value of the loan. Projects considered to be exceptional are eligible to receive funding for up to 80 per cent of the eligible project costs up to a maximum $4 million loan and a $400,000 grant. The value of the grant to exceptional projects will not exceed 10 per cent of the value of the loan. FCM will offer GMF loans and loans combined with grants to projects that reflect the very best examples of municipal leadership in sustainable development – projects that have high net environmental impact that can be replicated in other communities. • Most recent three years of signed audited financial statements and, if available, a business plan for the proposed project (note that FCM reserves the right to request further financial information); • A signed letter from the chief executive officer or the chief financial officer acknowledging that FCM’s loans to municipal partner applicants are conditional upon FCM accepting the eligibility of the partnership arrangement (partnership is demonstrated by significant municipal risk‐sharing and evaluated on a case‐by‐case basis ). • A signed letter from the chief executive officer or chief financial officer describing the current status of project approval and giving evidence of the municipal partner’s board of directors’ decision to support the proposed project and GMF application; and • Evidence of provincial consultation Continuous Intake Applications will be evaluated and considered for approval within four to five months from the date
Notes
they are received.
FCM Green Municipal Fund for Waste Diversion Projects Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
FCM’s Green Municipal Fund (GMF) offers below‐market loans, in combination with grants, to support waste diversion projects. http://www.sustainablecommunities.fcm.ca/GMF/GMF‐2009‐call‐for‐applications/Waste‐2009‐call‐ for‐application.asp Grant, Loan Federation of Canadian Municipalities • Waste diversion • Landfill gas management Waste, landfill, MSW Canada Up to $4,000,000 in loans plus a maximum of $400,000 in grants Continuous Intake The objective of this call for applications is to increase the amount of waste diverted from landfill sites in Canada. *Any Canadian municipal government, corporation wholly owned by a municipal government, or municipal partner may apply for funding under this call for applications. can be replicated in other communities. eligible for funding through this Call for Applications. *All eligible projects must be expected to result in a total diversion rate (TDR) of The following activities must be complete before submitting a proposal: 1) A waste review based on data that is not more than five years old. 2) A solid waste management plan or solid waste diversion plan that is not more than seven years old. a) Capital costs, as defined and determined in accordance with Generally Accepted Accounting Principles (GAAP): i. acquiring, developing, constructing, modernizing or leasing systems (equipment, hardware, software, etc.) that are essential for the completion of the project; ii. costs of construction, renovation or modernization of facilities and structures essential for the completion of the project, such as materials and installation costs. b) Salaries, professional fees and remuneration: i. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in the planning, assessment, analysis, design, engineering, manufacturing, construction, monitoring, and reporting of the project, but not employed by the applicant; ii. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in public education and promotion, survey and web site development and the development of other communication tools, directly related to the implementation of the project, but not employed by the applicant; and iii. salaries, fees or remuneration paid directly to employees of the applicant working on the project are eligible only if they do not exceed 10 per cent of the total eligible project costs. Projects approved for funding under this call for applications will be eligible to receive funding for up to 80 per cent of the eligible project costs up to a maximum $4 million loan and $400,000 grant per project. The value of a grant will not exceed 10 per cent of the value of the loan. Proposals are assessed by an independent Peer Review Committee according to the potential for the project to deliver environmental, social and economic benefits. • Most recent three years of audited financial statements and, if available, a business plan for the proposed project (note that FCM reserves the right to request further financial information) • A copy of an executed agreement in the form of a waste management contract with a municipal government demonstrating that the agreement between the municipal partner and the municipality will be in effect at the time of disbursement For thermal treatment projects: • A mass‐energy balance calculation (if available) of GMF funding and for the duration of the loan
Application Deadlines Processing Time Notes
agreement • A letter from the municipal partner’s Chief Executive Officer or Chief Financial Officer of describing the current status of project approval and giving evidence of the municipal partner’s board of directors’ decision to support the proposed project and GMF proposal • For applicants outside the Province of Quebec, evidence of provincial consultation Continuous Intake Applications will be evaluated and considered for approval within four to five months from the date they are received.
FCM Green Municipal Fund for Wastewater Projects Summary Abbreviation Website Funding Type Source Market Keywords
Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time
FCM’s Green Municipal Fund(GMF) offers below‐market loans, in combination with grants, for wastewater projects. http://www.sustainablecommunities.fcm.ca/GMF/GMF‐2009‐call‐for‐applications/Water‐2009‐call‐ for‐application.asp Grant, Loan Federation of Canadian Municipalities • Wastewater watershed management, water conservation and new approaches to potable water, wastewater, and stormwater treatment. Canada Up to $4,000,000 in loans plus a maximum of $400,000 in grants Continuous Intake The objective of this call for applications is to improve effluent quality from municipal wastewater treatment systems in Canada. Any Canadian municipal government, municipal utility (owned in whole or in part by a municipal government), or municipal partner that has responsibility for municipal wastewater treatment and ownership of project infrastructure may apply for funding under this call for applications. *The following activities must be complete before submitting an application: * a feasibility study * a municipal plan that supports the wastewater project such as a sustainable community plan, strategic plan, or water plan a) Capital costs, as defined and determined in accordance with Generally Accepted Accounting Principles (GAAP): i. acquiring, developing, constructing, modernizing or leasing systems (equipment, hardware, software, etc.) that are essential for the completion of the project; ii. costs of construction, renovation or modernization of facilities and structures essential for the completion of the project, such as materials and installation costs. b) Salaries, professional fees and remuneration: i. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in the planning, assessment, analysis, design, engineering, manufacturing, construction, monitoring, and reporting of the project, but not employed by the applicant; ii. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in public education and promotion, survey and web site development and the development of other communication tools, directly related to the implementation of the project, but not employed by the applicant; and iii. salaries, fees or remuneration paid directly to employees of the applicant working on the project are eligible only if they do not exceed 10 per cent of the total eligible project costs. All projects approved under this call for applications will be eligible to receive funding for up to 50 per cent of eligible project costs up to a maximum $4 million loan and a $200,000 grant. The value of the grant will not exceed 5 per cent of the value of the loan. Projects considered to be exceptional are eligible to receive funding for up to 80 per cent of the eligible project costs up to a maximum $4 million loan and a $400,000 grant. The value of the grant to exceptional projects will not exceed 10 per cent of the value of the loan. Proposals are assessed by an independent Peer Review Committee according to the potential for the project to deliver environmental, social and economic benefits. • Most recent signed audited financial statement; • Municipal council resolution • A copy of an executed agreement with a municipal government demonstrating that the municipal partner has responsibility for municipal wastewater treatment and ownership of project infrastructure. Continuous Intake Applications will be evaluated and considered for approval within four to five months from the date
Notes
they are received.
FedNor Innovation Fund Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
linking traditional resource industries to more knowledge‐based product & service developmen http://www.ic.gc.ca/eic/site/fednor‐fednor.nsf/eng/h_fn02421.html Loan FedNor • Any North, Northern Ontario, project, Northern Ontario Up to $500,000 Continuous Intake FedNor's support of innovation‐related activities includes working in partnership with Northern stakeholders to identify opportunities for linking traditional resource industries to more knowledge‐ based product & service development Canadian companies, and start‐ups Incremental costs directly attributable to the new project. Repayable10 year, unsecured, interest‐free loan, maximum contribution is $500,000, and no more than 50% of eligible costs. Economic benefitss, commercial viability, credible commitment to repay loan, innovation. 14 page legal agreement, business plan, application form
Continuous Intake Several months
Fednor Research and Development Fund Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
Fednor provides R&D loans to businesses in Northern Ontario. FedNor's contributions will normally not exceed 50 percent of eligible costs to a maximum contribution of $500,000. http://www.ic.gc.ca/eic/site/fte‐fte.nsf/eng/00013.html Loan FedNor, Industry Canada • Mining • Forestry • Biotechnology • Alternative energy • Manufacturing • Medical applications mining, forestry, biotechnology, alternative energy, manufacturing, medical, R&D, research, northern Ontario Northern Ontario Up to $500,000 Continuous intake The objective of the Applied Research and Development Program is to increase the overall competitive position of Northern Ontario private sector firms by supporting the commercialization of intellectual property, value‐added product development, and productivity improvement in such key sectors (but not limited to) mining, forestry, biotechnology, alternative energy, manufacturing and medical applications. * Eligible recipients include commercial operations, non‐profit organizations, municipalities, First Nations and community economic development corporations * Eligible organizations must be located within the designated FedNor boundaries in Northern Ontario. * Commercial operations will normally be restricted to small and medium‐sized firms with fewer than 500 employees. * Applicants who can demonstrate a clear and significant benefit to Northern Ontario's economy, but are located outside FedNor boundaries, may be considered for assistance on an exceptional basis. Eligible activities may include initial research and development, pre‐commercial product development and pre‐operational marketing studies which would be unlikely to attract commercial debt due to the risk involved. Only costs that are reasonable, incremental and which relate directly to the eligible activities will be allowed. FedNor's contributions will normally not exceed 50 percent of eligible costs to a maximum contribution of $500,000. All assistance is normally repayable, except contributions to non‐profit organizations will usually be deemed non repayable. *Basic eligibility 1. History of Organization/Economic Benefits of Project 2. Management Résumé 3. Markets and Competition 4. Preliminary Financial Forecast 5. Statement of Work and Costing Schedule for Innovation Projects 6. Financial Statements 7. Articles of Incorporation/Partnership Registration 8. References 9. Application form Continuous intake
First Capital Business Loan Fund Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The First Capital Business Loan Fund will provide loans of up to $10,000 to qualified individuals who wish to start a new business or grow an existing business in Kingston and who have been turned down by a financial institution. http://www.firstcapitalchallenge.com/ Loan The Kingston Economic Development Corporation, Unity Savings and Credit Union. • Any Small business, loan, start‐up Kingston Up to $10,000 Continuous Intake To stimulate business growth and employment in the City of Kingston * You must have a viable business idea * You must operate your business in Kingston * You must have been turned down for funding by an existing financial institution *Business start‐up costs. *Similar to commercial lending terns. * The applicant has a complete business plan already prepared. * The applicant has a well‐researched idea but needs help putting together the business plan. * The applicant is in the early stages of thinking about starting a business but needs advice on how to go about it. *Individuals interested in meeting with the Loans Manager are invited to complete the Introductory Information Form and submit it electronically. *The Loans Manager will arrange a meeting to assess the applicant. *The applicant's business plan is presented to the Loan Review Committee. *The committee will review the plan and decide whether a loan should be granted to the applicant. Continuous Intake
Going Global Science and Technology Fund Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The Going Global Science and Technology Fund helps Canadian researchers in the identification and the establishment of new international collaborative Research and Development (R&D) initiatives with foreign partners. http://www.canadabusiness.ca/servlet/ContentServer?cid=1081944218272&lang=en&pagename=C BSC_FE%2Fdisplay&c=Finance Grant Foreign Affairs and International Trade Canada • Any Travel, marketing, international, conference, researcher, workshop, seminar Canada Applicants must request, from Going Global, a minimum of $5,000.00 in order for the proposal to be considered. The maximum payable to any organization for an approved project is $75,000. 31‐Mar To promote and enhance Canada's international innovation efforts by supporting Canadian companies and/or researchers in pursuing international R&D collaborative opportunities through the development of partnerships with key players in other countries/economies. *Must be a Canadian researcher from a small or medium Canadian enterprise with revenues less than $50 million * travel (e.g., air fare, local transportation, etc.); * accommodation; * meals; * incidentals; and * other non‐research expenses (such as workshop or seminar expenses, translation services, photocopies, or hospitality). The stacking limit for Going Global is 75%. The stacking limit is equivalent to the funding level support of GGI. In the event that actual Total Government Assistance exceeds the stacking limit, it will be necessary for the Department to adjust its level of assistance (an seek reimbursement, if necessary) so that the stacking limit is not exceeded. * potential in establishing significant collaborative R&D initiatives with foreign partners; * economic benefits to Canada; * potential to engage other Canadian participants in the project; * coverage of international relationships and field/sector specific interests that are in accordance with federal Science and Technology (S&T) priorities; * effectiveness, particularly through the methodology used, the people involved and the proposed work plan; and * demonstration that sources of funding for subsequent international collaborative R&D initiatives are being investigated (i.e. to cover the actual research costs). * a narrative report (doc, html)indicating: a list the participants; the project's objectives, activities and achievements; an analysis of the activities and achievements; any downstream international R&D collaboration expectations; lessons learned; conclusions and recommendations; * a financial statement (excel) showing planned and actual itemized costs and all sources of funding for eligible expenses; and * an invoice from the institution. 31‐Mar
HTX Business Investment Program Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The PROGRAM matches your business needs with academic research teams who work in collaboration with you to achieve your R&D objectives. Proposed R&D projects must involve relevant combinations of technologies pertinent to advancing medical or assistive devices with information & communication technologies. http://www.htx.ca/HTX/business_investment_program_guidelines.htm Grant Health Technology Exchange • Medical and Assistive Technologies • ICT Medical, assistive, research, institution, R&D, ICT, information technology, Ontario Up to 100k for 18 months Continuous Intake * Create economic growth in the health and relevant convergent technology sector by providing tangible R&D support for Ontario Small to Medium enterprises (SMEs) in the sector to collaborate with pertinent publicly funded research institutions. * Commercialize R&D outcomes via the partnering SME Projects should have the expectation of generating a license of technology or other formal transfer of know‐how from the research team to the partnering business. * Projects must include both private sector and public funded research institution partners. * Intellectual Property (IP) arising from the project will be managed in accordance with the University/College/Hospital and Research Collaboration Agreements entered into with the PROGRAM Partners (HTX) * It is not permitted to submit more than one Expression of Intent (EOI) for consideration at any one time. * Direct labour costs (salaries and benefits; not including Academic and Industrial Leaders); * Reasonable travel expenses for the Academic Team associated with the Project; * Required materials consumed in the project; * General and administrative costs attributable to the project and; * Minor equipment costs up to $1,000 (i.e., software) for tools required to accomplish project activities (the purchase of computers will not normally be considered as an eligible budget cost). *Duration of research projects will typically be 6 to 18 months with program funding up to $100,000 per project. Subject to budget availability, projects outside of this scope may also be considered. * Industry partner(s) make a cash and in‐kind contribution to the project that matches or exceeds that of the PROGRAM contributions. The cash contribution cannot be less than 1/3 of the investment of PROGRAM funds in the project. The combined cash and in‐kind contributions from the SME partner should equal or exceed the total investment by the PROGRAM. * An important component of the initiative will be a relevant measure of talent, development and training opportunities for students, post‐doctoral fellows and other highly qualified personnel (HQP) within the project. * Demonstrated potential benefit to the Ontario economy; The business applicant will submit an initial two page, Expression of Interest (EOI) and project abstract that describes the following: * Business Profile * Scope and details of the research and development challenge to be undertaken by the academic research team * Background and capabilities of the academic research team * Market overview * Expected research outcomes and commercialization plans * Estimated budget (see EOI Template) EOIs will be reviewed by the PROGRAM Review Committee. Promising projects that best fit the objectives of the PROGRAM and with a strong probability of success will be selected to provide a detailed proposal. Continuous Intake EOI are open at any time. After initial, approval, full proposals must be submitted in 6 weeks.
HTX Convergent Medical Technologies Program Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
The PROGRAM will fund joint R&D projects that are undertaken by a company in Ontario in collaboration with a company in Israel. These projects may typically be from 12‐36 months in duration. Collaborative projects involving academic research organizations and institutions in Ontario and Israel are encouraged. The PROGRAM may contribute up to 50% of total eligible project expenditures to a maximum of $800,000CAD. https://www.htx.ca/HTX/convergent_medical_technologies_program_guidelines.htm Loan Ontario Ministry of Research and Innovation • Medical • Heath Sciences Medical, health, health sciences, medical sciences Ontario Up to $800,000 The current deadline for submission of Full Proposals is September 18, 2009. The program is onging and further application opportunities will likely be published on the program's website. The objective of the PROGRAM is to drive advances in healthcare and healthcare delivery systems with increased efficiency and effectiveness. Companies from Ontario in collaboration with companies from Israel for R&D projects in the convergent medical technologies sector. Eligible costs include labour, material and other costs which are directly attributable to the project. Overhead expenses such as indirect labour, materials and supplies, and general and administrative expenses are also eligible. Specialized equipment for the project may be eligible as well. CIIRDF does not support costs associated with land and buildings. If required, further details on eligible and ineligible costs are available from CIIRDF. No costs will be considered eligible if they are incurred prior to the date which CIIRDF accepts and confirms that the Project Proposal received from the Canadian and Israeli partners is complete. At least 30% of the actual R&D cash costs on any individual project must be spent in either Canada or Israel. The PROGRAM may contribute up to 50% of total eligible project expenditures to a maximum of $800,000CAD. Ontario companies must fund at least 50% of Ontario eligible expenditures and Israeli companies must fund at least 50% of Israeli eligible expenditures. PROGRAM funding to the companies is repayable from gross sales derived from the sale or other commercial exploitation of the product or process innovation resulting from the Project. Applicants must demonstrate the capacity to manage, conduct and benefit from the proposed research. Proposals are expected to include clearly identified commercial goals and commercialization strategies. The parties should agree in advance on the IP rights and commercialization strategy of the product or service. Phase 1: Proposal Outline Phase 2: Full Application The current deadline for submission of Full Proposals is September 18, 2009. The program is onging and further application opportunities will likely be published on the program's website. Please note the government of Canada stacking limit applies to all Canadian applicants. Total Government Assistance (federal, provincial and municipal) limit for the same eligible expenditures is 75%.
Industrial Cooperation Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The Industrial Cooperation Program (CIDA‐INC) is a cost‐sharing program that provides a financial incentive (a cash contribution) to Canadian companies to start a business or provide training in developing countries or countries in transition to a market economy. ICP http://www.acdi‐cida.gc.ca/inc Grant Canadian International Development Agency (CIDA) • Any International, global, development, sustainable, export, foreign, trade Canada Up to $600,000 Numerous application deadlines throughout the year. Best to check online. CIDA‐INC aims to stimulate private sector development and investment in developing countries in order to promote sustainable development and poverty reduction. Eligible firms are those that: * are subject to corporate income tax in Canada; * have been in business in Canada at least three years and are financially sound; * have had annual sales of more than $700,000 for at least two consecutive years; * have a proven track record in their product or service; * are committed to establishing long‐term business relationships in a developing or in‐transition country; * can show that their proposed project has a connection to their corporate business plan; * have established contact with a partner in a host country; * have a potential source of funding; and * are ready to invest in training, promote gender equality, and promote environmental responsibility as part of the project. * Investment Mechanism—CIDA‐INC will fund viability studies and start‐up activities by Canadian firms that produce goods or services in an eligible developing country; or * Professional Services Mechanism—CIDA‐INC will fund feasibility studies and implementation by Canadian consulting firms that wish to provide professional advice, or implement and transfer technology for a national or regional infrastructure project. These projects must have funding from the host country government or an international funding agency other than CIDA. * the viability of the project on a technical and commercial basis; * the specific, measurable, benefits and developmental impacts for the host country; * the level of risk in terms of access to funding, the local partner’s capacities, the project’s potential for success, and the country’s political situation; and * the technical approach, level of experience, the proposed team, and the firm’s work methods. * Read the CIDA‐INC Program Guide to see if your firm is eligible and to understand the next steps to take to make an application. * Discuss the proposal with a Private Sector Directorate (PSD) contact to be sure the proposal will be considered. * This person will explain what information is necessary to include in an application. * Each of the two project phases (study and project support) that CIDA‐INC will fund requires a separate application. * Submit your project proposal through Doing Business Online with CIDA. For technical assistance, please contact the CIDA Help Desk at (819) 994‐1904 or toll free at 1‐866‐353‐0333. Numerous application deadlines throughout the year. Best to check online. 16 weeks
MaRS Business Project Funding Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Business Project Funding enables entrepreneurs already engaged with program Entrepreneurs‐in‐ Residence (EIR) or MaRS Advisors to access specialized advisory services. Projects might include consultation from niche market experts, intellectual property strategy, third‐party validation or testing or primary market research. http://www.marsdd.com/advisoryservices/money.html Grant Ontario Ministry of Research and Innovation • Any Technology, high‐tech, innovation Ontario Up to $10,000 Continuous Intake Provide enhanced advisory resources to promising Ontario technology companies, Must work with an Entrepreneur In Residence To access Business Project Funding, you must be recommended by an EIR or program agent that has been advising you. Specialized advisory services. Not Applicable *Assessed on an individual basis by EIRs and MaRS analysts. Application form administered by your entrepreneur in residence.
Continuous Intake 1‐2 weeks
Moving on Sustainable Transportation Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake
Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Through MOST, Transport Canada is working with organizations across Canada to make sustainable transportation a reality. MOST http://www.tc.gc.ca/programs/environment/MOST/menu.htm Grant Transport Canada • Transportation Sustainable, transportation Canada Up to $150,000 October 15, 2009 March 31, 2010 October 15, 2010 * Stimulate the development of innovative tools, approaches and practices for increasing the sustainability of Canada's transportation system and the use of sustainable modes of transportation; * Realize quantifiable environmental and sustainable development results on Transport Canada's sustainable development priorities; and * Provide Canadians with practical information, tools and opportunities for better incorporating sustainable transportation options into their daily lives. * non‐profit, non‐governmental organizations (NGOs) * community organizations (voluntary groups, community associations, and institutions) * organizations and associations for First Nations and Aboriginal Peoples; * educational and academic institutions; * labour organizations; and, * businesses and industries and their professional associations ‐ for projects that are non‐profit in nature and are not tied to a company’s line of business. Projects must: * Conduct studies, analyses, or plans that make strategic recommendations on sustainable transportation issues and initiatives; * Develop innovative sustainable transportation tools; * Undertake small scale pilot projects or demonstration projects that test new sustainable transportation approaches or alternatives; * Replicate successful sustainable transportation initiatives in additional communities and customize project materials to the new location; or * Conduct workshops and conferences that educate stakeholders (professionals employed in the field or managers and staff of sustainable transportation projects) on sustainable transportation. * travel; * personnel salaries and benefits; * professional services (e.g. consultants for studies, designs, marketing, software and web site development); * rental of equipment; * purchase of equipment, software, hardware and other fixed assets; * public outreach and communication materials and activities; * Provincial Sales Tax and the portion of the Goods and Services Tax for which the recipient is not eligible for a tax rebate; and, * administrative costs to a maximum of 15 per cent of the MOST funding request (including rental of office space, printing, telephone, office supplies, etc.). * to a maximum of 50 per cent of eligible costs (cash or in‐kind); and, * to a maximum of $150,000 over a three‐year period. 1. Effectiveness in making direct environmental improvements through greater understanding and practical applications of sustainable transportation principles. The degree to which the project: 1. increases Canadians’ ability to apply concrete and practical sustainable transportation solutions; 2. promotes action by Canadians to adopt sustainable transportation practices in their daily lives; and 3. provides concrete milestones and expected results within a reasonable time frame, and provides a process to monitor progress and measure the project’s impacts. 2. The degree to which the project is innovative and can be applied elsewhere or replicates a successful initiative. The extent to which it:
Application Documentation and Process Application Deadlines
Processing Time Notes
1. provides a novel and creative approach in realizing sustainable transportation; or 2. complements and builds on existing approaches or initiatives; or 3. reinforces/strengthens current initiatives and mechanisms addressing sustainable transportation by expanding their delivery and influence, instill behaviour change and motivate action. 3. The degree to which the project demonstrates a likely chance of short‐term success and long‐ term sustainable development impact and success. Based on: 1. the proponent’s experience and expertise in similar areas; 2. the proponent’s demonstrated commitment to the area; and 3. sufficient institutional, management/organizational structure and financial and other support to successfully deliver the project. Application form and project proposal.
October 15, 2009 March 31, 2010 October 15, 2010
MRI Emerging Technologies Fund Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
TBD http://www.mri.gov.on.ca/english/news/ETF031809.asp Equity investment Ontario Ministry of Research and Innovation • Clean technology • Life sciences • Digital media • Information communication technology Clean technology, life sciences, digital media, information communication technology, clean tech, ICT TBD TBD TBD * The Emerging Technologies Fund would invest $250 million dollars over five years together with qualified venture capital funds and private sector investors. Program details are being developed and full guidelines will be posted on the MRI web site before the end of July 2009. MORE TBD TBD TBD TBD TBD TBD
TBD TBD Program details are being developed and full guidelines will be posted on the MRI web site before the end of July 2009.
MRI Innovation Demonstration Fund Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
The Innovation Demonstration Fund (IDF) is a discretionary, non‐entitlement funding program administered by the Ontario Ministry of Research and Innovation that focuses on the commercialization and initial technical demonstration of globally competitive, innovative Green technologies, processes and/or products. IDF http://www.mri.gov.on.ca/english/programs/idf/guidelines.asp Loan, Royalty, Equity investment Ontario Ministry of Research and Innovation • Green technology • Alternative energy • Bio‐products • Hydrogen • Other technologies at the pilot stage of development Environment, energy, alternative energy, bio‐products, biochemical, bio‐agricultural, bio‐industrial, technology Ontario The funding potentially available under IDF ranges from a minimum of $100,000 to a maximum of $4,000,000 per project. Continuous intake The objective of the IDF is to help companies in their efforts to commercialize innovative technologies in Ontario by mitigating the risk of projects with significant pilot‐scale technical hurdles. The IDF is not aimed at routine engineering, upgrading, or improvements to existing processes, designs or products. * The proposed technology demonstration at the pilot stage will provide a competitive advantage for Ontario or other significant benefits. * The proposed technology has been tested and proven to be viable, and can provide sufficient data to warrant a pilot scale project. * Following a successful pilot, the technology product or process will be moved into the global market. * The technology, product or process is best in class and will lead to a globally competitive business and market opportunity. * Start‐up costs associated with the development and design of pilot‐scale prototypes; * Equipment purchase, installation and retrofitting costs; * Direct labour costs for personnel involved in the project; * Maintenance costs; * Costs associated with training of skilled resources; and * Monitoring and evaluation costs. *IDF will provide financial support covering up to 50 percent of eligible costs for approved Eligible Projects that have as their goal commercialization. *Terms are negotiated on a case‐by‐case basis depending on the form of funding. * Global competitiveness of the technology, product or process to be piloted; * Demonstration of technical feasibility; * Feasibility of the business plan to demonstrate market success of the project within a reasonable timeframe; * The technological, managerial and financial plan to achieve the stated objectives of the project; * Impact on societal needs and challenges in the areas of: o Environmental benefits; o Waste minimization; o Alternative energy development; * Potential to provide economic benefit and contribute to Ontario's competitive advantage in global markets; * Feasibility of the plan to ensure commercialization of the technology beyond the pilot phase from Ontario; * Feasibility of the plan to increase public, consumer and investor awareness and acceptance of the technology. The Ministry will conduct an initial review of the applications and will seek technical review from external experts as well as a financial due diligence review by an independent Third Party reviewer. The Ontario Ministry of Research and Innovation is committed to making timely decisions on all Full Applications once submitted. The evaluation process will be as follows: * Initial review by the Ministry;
Application Deadlines Processing Time Notes
* Evaluation by interministerial review team * Technical review by external experts; * Financial due diligence review by external experts; and * Evaluation of reviews by the Ministry and subsequent funding decisions for successful applicants. Continuous intake
MRI Next Generation of Jobs Fund ‐ Biopharmaceutical Investment Program Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
* Grants of up to 20% of eligible costs to support innovative biopharmaceutical R&D and advanced manufacturing to enhance Ontario’s competitive advantage on the world stage and encourage a generation of new high value jobs. BIP http://www.mri.gov.on.ca/english/programs/bip/program.asp Grant Ontario Ministry of Research and Innovation • Biotechnology • Biopharmaceutical Biotech, biopharmaceutical, medical, health, advanced manufacturing, oncology, stem cell, drug, Ontario Up to 20% of eligible project costs. Applications may be received at any time during the five‐year window of the program (i.e. until March 31, 2013). * To increase the level of new biopharmaceutical Research and Development and advanced manufacturing in Ontario * To expand local footprints, and create a generation of new high value jobs for Ontarians * To increase “deal flow” within Ontario’s growing biotech cluster, and build capacity through collaborations with public research institutions *Your company’s primary source of business comes from patented products that have received marketing approval by way of a Health Canada New Drug Submission or the equivalent submission in the United States, the European Union or Japan. *Your company holds at least one patented human health drug product approved for sale in one or more of the following markets: Canada, the United States, the European Union, and/or Japan. *Your proposed project will see an incremental increase to your R&D investment in Ontario; and/or your proposed project is for a new advanced manufacturing project in Ontario. *Your proposal is related to R&D and/or advanced manufacturing of innovative drugs. *Your project will be situated at a facility/facilities in Ontario. *Your project has minimum total eligible project costs of $5M. *Your proposal does not request funding for R&D and/or manufacturing related to medical devices, non‐human health products, human non‐medical products (e.g. products that are not/would not be prescribed by a medical practitioner), or for business restructuring or regular capital reinvestment. o Start‐up Costs o Laboratory supplies, equipment and machinery o Infrastructure o Overhead o Construction/leasehold improvements o Equipment and machinery o Materials o One‐time labor o Other costs directly attributable to the project Negotiated on a case‐by‐case basis. Alignment with Ontario Strengths Alignment with Company Strategies and Plans Risk Innovation Company Track Record Investment Collaboration and Partnerships Follow On Potential Project Plan Jobs Skills Building Capacity Economic Benefits 1st Stage: potential BIP Applicants are required to submit an Expression of Interest Form. * Potential applicants are encouraged to utilize the “Project Assessment Tool” highlighted in the Program Guidelines to review their proposed project prior to submission of an EoI.
Application Deadlines Processing Time Notes
* The Project Assessment Tool allows for the testing of a concept or idea for a potential submission to the BIP as it provides details of the criteria used by the Ontario Ministry of Research and Innovation to review applications to this program. * This will enable an applicant to determine whether to apply to the BIP and, if so, ways to strengthen the application. * Please note that a high rating on the Project Assessment Tool does not guarantee that an application will be approved as any approval is at the ministry’s discretion. 2nd Stage: applicants invited to do so are required to submit a Full Application Form. The template will be provided to the applicant by MRI at that time. Applications may be received at any time during the five‐year window of the program (i.e. until March 31, 2013). *No stacking restrictions.
MRI Ontario Commercialization Investment Funds (OCIF) Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount
Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
* Capital to invest in high‐risk technology businesses, resulting from research at post‐secondary institutions and research hospitals. http://www.mri.gov.on.ca/english/programs/ocif/program.asp Grant Ontario Ministry of Research and Innovation • Any technology Research, R&D, risk, university, commercialization, technology Ontario Calculated as 30 per cent of the amount of eligible investments. The maximum amount of grant available to one or more OCIFs in respect of a particular eligible business and all businesses related to the eligible business is $225,000 (maximum investment of $750,000). Decided individually by each OCIF *To raise the profile of venture capital support for commercialization at Ontario‐based research institutes by providing funding to: (a) encourage research institutes to partner with accredited investors in commercializing research developed by the faculty, staff, students and alumni of research institutes and (b) encourage the investment of capital to support the growth and development of new entrepreneurial firms created as a result of research developed through research institutes. Companies must apply to an eligible OCIF for funding. An eligible business is a taxable Canadian corporation or Canadian partnership that at the time of investment by the OCIF: * must be commencing activities as a new business and primarily engaged in (i) the research, development and construction of a prototype (ii) the development of a manufacturing process (iii) the implementation of a marketing or distribution strategy for a product or (iv) a similar activity that is in respect of a service. * has a reasonable expectation of profit * has total revenue since its incorporation or formation of less than $500,000 * was formed to exploit intellectual property developed by individuals who are faculty, staff or students (or who were faculty, staff, or students in the three years prior to the investment) of a sponsor of the OCIF * pays 50 per cent or more of its wages and salaries to employees who work at a permanent establishment of the corporation or partnership in Ontario * has 50 per cent or more of its employees working on the eligible business in Ontario and * has total tangible assets (including those of all related corporations and partnerships) of less than $500,000. Not Applicable Negotiated on a case‐by‐case basis with the applicable OCIF. Similar to criteria used to judge traditional VC investment opportunities. * A research institute or a group of research institutes, as sponsor(s), applies to the Ontario Ministry of Research and Innovation for registration of a corporation or partnership as an OCIF. * The ministry reviews the application and related documentation. If approval is granted, a registration number is assigned and a certificate of registration is issued. * The OCIF raises capital from eligible investors. * When an OCIF corporation/partnership plans to invest or has invested in an eligible business, it will apply to the Ontario Ministry of Research and Innovation for a certificate indicating that the investment is an eligible investment and the amount of the grant available in respect of the investment. * If approval is granted, the Ontario Ministry of Research and Innovation will issue a certificate stating that the investments or proposed investments are eligible, and specifying the amount of grant available. * Once a year, the OCIF applies to the Ontario Ministry of Research and Innovation for a grant, which is calculated as 30 per cent of the amount of eligible investments. The maximum amount of grant available to one or more OCIFs in respect of a particular eligible business and all businesses related to the eligible business is $225,000 (maximum investment of $750,000). Decided individually by each OCIF Several months
MRI Premier Catalyst Award for Best Young Innovator Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The Premier’s Catalyst Awards provide five awards of $200,000 for developing an innovation that is a commercially successful new, or significantly improved, product or service based on a breakthrough technology. http://www.mri.gov.on.ca/english/programs/pca/program.asp Award Ontario Ministry of Research and Innovation • Any Innovation, award Ontario $200,000 1‐Oct The Best Young Innovator Award celebrates early stage innovators who have played a significant role in developing a commercially successful product or service based on a breakthrough technology and who demonstrate future potential. Nominees for the Best Young Innovator category must be under the age of 35 at the nomination deadline. Funds received through this grant can be spent on: * Research expenses such as salaries for research staff, travel to conferences, publication, database development and library acquisitions, the purchase or rental of research equipment or supplies, and operation and maintenance of research equipment or facilities. * Innovation expenses such as salaries for knowledge/technology transfer staff, entrepreneurial training, marketing of an innovation, prototype development and intellectual property protection (including any activity related to the development of a patent, trademark or copyright, but excluding all dispute/litigation and legal costs associated with intellectual property). * Donations to an Ontario university for graduate or undergraduate scholarships or research chairs. * Support for research and innovation awareness initiatives or youth outreach programs. Not Applicable *Innovation *Potential to impact Ontario *Innovation leadership * What is your assessment of the role of the nominee in connection with this innovation? * What is the overall assessment of the nominee’s future potential? A nominator is responsible for preparing a complete nomination package and submitting it to the Ministry by the deadline. Include a cover letter not exceeding one page signed by the nominator. The nomination form requests information about the innovation, the innovation’s impact, the intellectual property, the individual (if applicable) and the company, along with its corporate and financial history. 1‐Oct
MRI Premier Catalyst Award for Innovator of the Year Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The Premier’s Catalyst Awards provide five awards of $200,000 for developing an innovation that is a commercially successful new, or significantly improved, product or service based on a breakthrough technology. http://www.mri.gov.on.ca/english/programs/pca/program.asp Award Ontario Ministry of Research and Innovation • Any Innovation, award Ontario $200,000 2‐Oct The Innovator of the Year Award celebrates innovators who have played a significant role in developing a commercially successful product or service based on a breakthrough technology. Must be an innovator who ha played a significant role in developing a commercially successful product or service based on a breakthrough technology. Funds received through this grant can be spent on: * Research expenses such as salaries for research staff, travel to conferences, publication, database development and library acquisitions, the purchase or rental of research equipment or supplies, and operation and maintenance of research equipment or facilities. * Innovation expenses such as salaries for knowledge/technology transfer staff, entrepreneurial training, marketing of an innovation, prototype development and intellectual property protection (including any activity related to the development of a patent, trademark or copyright, but excluding all dispute/litigation and legal costs associated with intellectual property). * Donations to an Ontario university for graduate or undergraduate scholarships or research chairs. * Support for research and innovation awareness initiatives or youth outreach programs. Not Applicable *Innovation *Potential to impact Ontario *Innovation leadership *What is your assessment of the role of the nominee in connection with this innovation? A nominator is responsible for preparing a complete nomination package and submitting it to the Ministry by the deadline. Include a cover letter not exceeding one page signed by the nominator. The nomination form requests information about the innovation, the innovation’s impact, the intellectual property, the individual (if applicable) and the company, along with its corporate and financial history. 2‐Oct
MRI Premier Catalyst Award for The Company with the Best Innovation Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The Premier’s Catalyst Awards provide five awards of $200,000 for developing an innovation that is a commercially successful new, or significantly improved, product or service based on a breakthrough technology. http://www.mri.gov.on.ca/english/programs/pca/program.asp Award Ontario Ministry of Research and Innovation • Any Innovation, award Ontario $200,000 3‐Oct The Start‐up Company with the Best Innovation Award celebrates emerging companies that have outstanding performance, growing revenues and the potential to become a market leader as a result of developing a commercially successful product or service based on a breakthrough technology. Companies nominated for the Company with the Best Innovation Award must have incorporated under the Ontario Business Corporations Act or the Canada Business Corporations Act longer than five years prior to the nomination deadline. Funds received through this grant can be spent on: * Research expenses such as salaries for research staff, travel to conferences, publication, database development and library acquisitions, the purchase or rental of research equipment or supplies, and operation and maintenance of research equipment or facilities. * Innovation expenses such as salaries for knowledge/technology transfer staff, entrepreneurial training, marketing of an innovation, prototype development and intellectual property protection (including any activity related to the development of a patent, trademark or copyright, but excluding all dispute/litigation and legal costs associated with intellectual property). * Donations to an Ontario university for graduate or undergraduate scholarships or research chairs. * Support for research and innovation awareness initiatives or youth outreach programs. Not Applicable *Innovation *Potential to impact Ontario *Innovation leadership *To what extent has the nominee demonstrated outstanding performance as a result of the innovation? * To what extent has the nominee demonstrated growing revenues as a result of the innovation? * To what extent has the nominee demonstrated the potential to grow market share as a result of the innovation? A nominator is responsible for preparing a complete nomination package and submitting it to the Ministry by the deadline. Include a cover letter not exceeding one page signed by the nominator. The nomination form requests information about the innovation, the innovation’s impact, the intellectual property, the individual (if applicable) and the company, along with its corporate and financial history. 3‐Oct
MRI Premier Catalyst Award for The Start‐Up Company with the Best Innovation Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The Premier’s Catalyst Awards provide five awards of $200,000 for developing an innovation that is a commercially successful new, or significantly improved, product or service based on a breakthrough technology. http://www.mri.gov.on.ca/english/programs/pca/program.asp Award Ontario Ministry of Research and Innovation • Any Innovation, award Ontario $200,000 4‐Oct The Company with the Best Innovation Award celebrates established companies who have outstanding performance, growing revenues and the potential to grow market share as a result of developing a commercially successful product or service based on a breakthrough technology. Companies nominated for the Start‐up Company with the Best Innovation Award must have incorporated under the Ontario Business Corporations Act or the Canada Business Corporations Act less than five years prior to the nomination deadline. Funds received through this grant can be spent on: * Research expenses such as salaries for research staff, travel to conferences, publication, database development and library acquisitions, the purchase or rental of research equipment or supplies, and operation and maintenance of research equipment or facilities. * Innovation expenses such as salaries for knowledge/technology transfer staff, entrepreneurial training, marketing of an innovation, prototype development and intellectual property protection (including any activity related to the development of a patent, trademark or copyright, but excluding all dispute/litigation and legal costs associated with intellectual property). * Donations to an Ontario university for graduate or undergraduate scholarships or research chairs. * Support for research and innovation awareness initiatives or youth outreach programs. Not Applicable *Innovation *Potential to impact Ontario *Innovation leadership * To what extent has the nominee demonstrated outstanding performance as a result of the innovation? * To what extent has the nominee demonstrated growing revenues as a result of the innovation? * To what extent has the nominee demonstrated the potential to become a market leader as a result of the innovation? A nominator is responsible for preparing a complete nomination package and submitting it to the Ministry by the deadline. Include a cover letter not exceeding one page signed by the nominator. The nomination form requests information about the innovation, the innovation’s impact, the intellectual property, the individual (if applicable) and the company, along with its corporate and financial history. 4‐Oct
New Directions Research Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
TBD http://www.omafra.gov.on.ca/english/research/new_directions/index.html TBD Ontario Ministry of Agriculture, Food and Rural Affairs • To be announced TBD TBD TBD TBD TBD TBD TBD TBD TBD TBD TBD
TBD TBD A new call for proposals for New Directions 2009‐2010 is expected to be issued in early summer of 2009. Please check back in for more information.
Northern Ontario Heritage Fund Emerging Technology Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time
The NOHFC’s Private Sector Emerging Technology Program supports the innovation of new technologies that will contribute to future northern prosperity. ETP http://www.mndm.gov.on.ca/nohfc/program_etp_e.asp Loan, Grant Ontario Ministry of Northern Development and Mines, Northern Ontario Heritage Fund Corporation • Any technology North, Northern Ontario, project, Northern Ontario Up to $100,000 in grant and up to $1 million in loan Continual Intake To pursue research, development and commercialization projects that demonstrate a high commercial potential, foster collaborative activities among industry and research institutions, and encourage successful innovation in small companies. *Projects must create direct jobs. * Eligible applicants may include individual private sector companies or consortiums of companies. * The applicant must be prepared to become incorporated and be incorporated prior to receiving assistance. Projects must create direct jobs. *All other potential sources of funding must be explored and documented. *The costs of full‐time staff, or operating costs of businesses will normally not be considered eligible, although human capital may be considered on a case‐by‐case basis. *The proposed product, service or process must be innovative and have commercial potential. *The applicant must have operations located in Northern Ontario and/or the project must be undertaken in Northern Ontario. *The proposed project should not unreasonably impact existing Northern Ontario businesses and must result in net economic benefits for Northern Ontario. *The applicant must own or control the intellectual property needed to conduct the project. *The applicant must be unable to obtain sufficient funding for the project from financial institutions. *Projects proposed which, in the opinion of the NOHFC Board, have significant job creation and/or other substantial Northern Ontario benefits may be considered on a case‐by‐case basis. *The maximum investment from the NOHFC will generally not exceed 50 per cent of eligible project costs * Information and communications technology projects * Film development and production * Value‐added products * Biotechnology and life sciences projects * Intellectual property development * Staff training * Marketing * Land servicing costs * Capital project costs *Non‐repayable contributions of up to $100,000 may be provided on a cost‐shared basis for research and pre‐competitive development technical projects. *Repayable loans of up to $1 million or 50 per cent of eligible project costs, whichever is less, may be provided to capital projects. *Up to one‐half of the NOHFC funding may be in the form of a conditional grant with the remainder in the form of a repayable loan. *Job creation *Commercial viability *Application form
Continual Intake
Notes
Northern Ontario Young Entrepreneur Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Funding is available to help the North’s youth develop their business skills and to help them start their own enterprises in Northern Ontario. YEP http://www.mndm.gov.on.ca/nohfc/program_noyep_e.asp Grant Ontario Ministry of Northern Development and Mines, Northern Ontario Heritage Fund Corporation • Any North, Northern Ontario, project, entrepreneur, start‐up, capital Northern Ontario Up to $25,000 Continuous Intake The NOHFC Young Entrepreneur program aims to mobilize a new generation of entrepreneurs and community builders in the North, securing a more prosperous future for tomorrow’s northern families and workers. * Residents of Northern Ontario, 18 to 29 who are planning on starting their own for‐profit business in the North. * The new venture cannot be an expansion or natural extension of a similar business owned by the young entrepreneur and/or family members or direct relatives. *Capital costs related to starting a new business such as office furniture, fixtures and equipment. * Generally, funding does not have to be repaid and may cover up to 85 per cent of eligible costs, to a maximum of $25,000 per project. * The young entrepreneur must make a cash investment in the business equal to 10 per cent of the NOHFC’s conditional contribution. * The proposed new business will operate as a full‐time business and create a minimum of one new job in Northern Ontario. Commercial viability, job creation Application form and business plan
Continuous Intake
NRC‐IRAP Internship Program with Innovative Small and Medium‐sized Enterprises (Youth Employment Strategy) Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Your firm will receive financial support towards the employment of post‐secondary graduates, who will work on technical opportunities in the firm and on non‐technical but technology related projects. YES http://irap‐pari.nrc‐cnrc.gc.ca/youthinitiatives_e.html Grant National Research Council Canada, Canada Department of Health and Human Resources • Any technology Young, youth, intern, job, employee, graduate, experience Canada Up to $15,000 Continuous Intake This program provides firms with support to hire post‐secondary graduates. Must begin a relationship with NRC‐IRAP * be a small or medium‐sized enterprise (SME) with less than 500 employees * be incorporated and for profit * wish to enhance its innovation capability * be willing to establish a trusting relationship with NRC‐IRAP. The salary of an eligible graduate. Maximum support provided will be $15,000 to help cover a part of the graduate's salary. Your firm is responsible for covering other expenses such as fringe benefits and overhead costs. *Job experience, skills training, professional development, likelihood of permanent placement. Your firm and an NRC‐IRAP Industrial Technology Advisor will develop and submit a project proposal. Upon commencement of the internship, the graduate will complete a brief survey to be submitted to NRC‐IRAP, which will highlight the graduate's strengths and weaknesses in the work environment. Continuous Intake
NRC‐IRAP Large Project Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Large projects between $100,000 and $350,000 can receive up to 50% funding. This funding will support projects designed to adapt existing technologies, advance unproven technologies, and large research and development projects to the proof of concept stage. IRAP http://www.irap.nrc.ca Grant National Research Council Canada • Any Industrial, Research, R&D, manufacturing, research and development. Canada Up to $175,000 Continuous Intake Provide support to small and medium‐sized enterprises (SMEs) in Canada in the development and commercialization of technologies and products. * "For profit" companies that are incorporated, legal Canadian entities with fewer than 500 employees. Subdivisions that operate as autonomous, stand‐alone profit/loss centers that have fewer than 500 employees may still apply even if their parent company employs more than 500 people in Canada. * You must have at least one technical employee drawing a salary and generating a T‐4 slip. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor.
Continuous Intake
NRC‐IRAP Medium Project Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Medium projects between $50,000 and $100,000 can receive up to 50% funding. This funding will support the same types of activities as the 'small' projects initiative. IRAP http://www.irap.nrc.ca Grant National Research Council Canada • Any Industrial, Research, R&D, manufacturing, research and development. Canada Up to $50,000 Continuous Intake Provide support to small and medium‐sized enterprises (SMEs) in Canada in the development and commercialization of technologies and products. * "For profit" companies that are incorporated, legal Canadian entities with fewer than 500 employees. Subdivisions that operate as autonomous, stand‐alone profit/loss centers that have fewer than 500 employees may still apply even if their parent company employs more than 500 people in Canada. * You must have at least one technical employee drawing a salary and generating a T‐4 slip. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor.
Continuous Intake
NRC‐IRAP Small Project Accelerated Review Process Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The National Research Council of Canada, through its Industrial Research Assistance Program (NRC‐ IRAP) provides support to small and medium‐sized enterprises (SMEs) in Canada in the development and commercialization of technologies and products. IRAP http://www.irap.nrc.ca Grant National Research Council Canada • Any Industrial, Research, R&D, manufacturing, research and development. Canada Up to $50,000 Continuous Intake Provide support to small and medium‐sized enterprises (SMEs) in Canada in the development and commercialization of technologies and products. incorporated, for‐profit firms with 500 or less full‐time employees, with a separate legal status and operating in Canada with the objective to grow and generate profits through the adoption, adaptation, development and commercialization of innovative or technology‐driven new or improved products, services or processes in Canada. * Small R&D projects limited in scope and nature * Assessment of technology needs for adoption of technology (e.g. ERP, Accounting systems, IT Systems, IT security audits, etc.) * Lean manufacturing/productivity studies * Technical feasibility studies * Design: product design, engineering design, design for manufacture * Prototype engineering * Engineering process analysis * Productivity enhancement studies * Development of business, sales and marketing plans and image creation (branding) * Development of e‐commerce enabled website (or upgrading of website) * Development of international strategies * Development of supply chain strategies * Competitive market research and competitive intelligence studies * Feasibility study/assessment for new service or product venture * Financial/corporate restructure for improved growth potential (e.g. investor readiness) * Intellectual Property (IP) assessment, planning and strategy assistance * First patent application (not CIPs nor other country filings) * Licensing and commercialization strategy * Research or technology evaluation‐related travel and living expenses * Diagnostics (business or technical) * Other projects not entirely technical in nature * covering projects with a maximum contribution of $50,000 from NRC‐IRAP; * covering up to 100% of internal labour and 75% of sub‐contractor fees; * providing a streamlined process for rapid turnaround; and, * providing a scope of eligible activities to include a wide range of technology, business and market oriented support. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor.
Continuous Intake
NSERC Collaborative Research and Development Grants Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
CRD Grants support well‐defined projects undertaken by university researchers and their private‐ sector partners. Direct project costs are shared by the industrial partner(s) and NSERC. Projects may range from one year to five years in duration, but most awards are for two or three years. CRD http://www.nserc‐crsng.gc.ca/Professors‐Professeurs/RPP‐PP/CRD‐RDC_eng.asp Grant Natural Sciences and Engineering Research Council of Canada • Any Research, R&D, risk, university, commercialization, technology Canada Can be over $200,000 Continuous Intake The Collaborative Research and Development (CRD) Grants program is intended to give companies that operate from a Canadian base access to the unique knowledge, expertise, and educational resources available at Canadian postsecondary institutions and to train students in essential technical skills required by industry. The mutually beneficial collaborations are expected to result in industrial and/or economic benefits to Canada. * In general, an industrial partner is defined as a Canadian‐based business providing products or services which derives the majority of its revenues from the sale of these products and services and not from government aid. Such partners must be willing and able to exploit the research results for the economic benefit of Canada. * Multinationals may be eligible if they have commercial activities which take place in Canada, such as R&D or manufacturing related to the proposed research, and if the funded activity will result in significant economic benefit to Canada. * Foreign firms may be eligible as a partner, provided an eligible Canadian‐based industrial partner plays a major role in the project and will exploit the research results for the economic benefit of Canada. * An industrial partnership can consist of a single firm, an industrial association or producer group, a formal or informal consortium, or a grouping of these. In the case of consortia, financial support to the project derived from industrial sources can be leveraged and there must be active involvement in the research project from one or more member companies, or the consortium itself, if it can demonstrate the capacity to guide the project and disseminate the results for its member companies. * Public utilities. * Start‐up companies (companies in the R&D phase) that have sound business plans and secure financial backing may be accepted as industrial partners. However, they must demonstrate that they have, or have the potential to acquire, the capability to exploit the research results. *Direct project costs. The industrial partner must contribute to the direct project costs in an amount equal to, or greater than, the amount requested from NSERC. The industrial cash must be at least half of the NSERC request, with the balance provided as in‐kind contributions to the project by the industrial partner(s). NSERC will recognize only those in‐kind contributions that are fully documented and considered essential to carry out the work. F * Scientific merit * Research competence * Industrial relevance * Private‐sector support * Contribution to the training of highly qualified personnel * Benefit to Canada Proposals can be submitted at any time, using a Personal Data Form (Form 100), an Application for a Grant (Form 101), and an Information Required from Organizations Participating in Research Partnerships Programs (Form 183A). All proposals undergo peer review. Large or complex proposals (requesting $200,000 or more per year) are reviewed by a site visit committee. Those requesting $150,000 or more per year from NSERC are reviewed by a selection committee – the Advisory Committee on University‐Industry Grants (ACUIG). The ACUIG normally meets four times a year: in March, June, September, and December. Continuous Intake Decisions on funding CRD Grants are usually made within three to five months of receiving a complete application.
OCE CCR Embedded Executive Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The CCR embedded executive program provides companies with matching funds in order to pay for in‐house executives. No Website Grant Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Any Ontario Up to $30,000 Continuous Intake Fill critical business planning and strategy gaps in start‐up companies with the help of an embedded executive whose salary is partially funded by the program. TBD Salary costs of the embedded executive Up to $30,000 in matching funds to place someone temporarily into the role to overcome a gap in C‐ level management at start‐up companies. Credible business plan with strategic gaps that could be filled with advice from an embedded executive Project plan, milestone outline, business plan
Continuous Intake
OCE Champions of Innovation Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
OCE investments are made on a 12‐month renewable term, typically for up to two years, based on the financial return expected from the research outcomes. Annual investments in a Champions of Innovation project average $50,000. http://www.oce‐ontario.org/Pages/Rchamp.aspx Equity investment Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Any Innovation, technology, R&D, research Ontario Approximately $50,000 The Champions of Innovation initiative supports research and development of disruptive technologies that have the potential to create new markets and to provide the basis for new start‐ up companies. * A compelling business case for potential research outcomes. * Demonstrated interest by groups representing the industry that the technology will impact (e.g. sector associations, NGO) through an in‐kind contribution. * Intellectual Property arising from the project will be managed in accordance with the University/College/Hospital and Research Collaboration Agreements entered into with OCE. * Demonstrated talent development and training opportunities for students. * Potential to create a new market (therefore industry partnerships are not required). * Demonstrated potential benefit to the Ontario economy. Not Applicable OCE investments are made on a 12‐month renewable term, typically for up to two years, based on the financial return expected from the research outcomes. Annual investments in a Champions of Innovation project average $50,000. No information. No information.
No information. No information. No information.
OCE Collaborative Research Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
OCE's investment is determined by the support and commitment from the partners up to $200,000 per year with a maximum duration of three years. Typically, collaborative projects involve an annual OCE investment of $50,000 per year. http://www.oce‐ontario.org/Pages/Rcolla.aspx Equity investment Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Any Student, researcher, academic, institution, IP Ontario Up to $200,000 per year for 3 years. Continuous Intake The Collaborative Research initiative is designed to promote and harness innovative research partnerships between industry and Ontario universities, colleges or research hospitals. * Projects must include both private sector and academic partners. Public sector partners may also participate. * A critical component of the initiative will be talent development and training opportunities for students, post‐doctoral fellows and other highly qualified personnel within the project. * Intellectual Property arising from the project will be managed in accordance with the University/College/Hospital and Research Collaboration Agreements entered into with OCE. * Industry partner(s) make a cash and in‐kind contribution to the project that matches or exceeds that of OCE. The ratio of cash to in‐kind will depend on the participating firms and the project objectives. * Demonstrated potential benefit to the Ontario economy. Student salaries, travel expenses, some equipment. OCE's investment is determined by the support and commitment from the partners up to $200,000 per year with a maximum duration of three years. Typically, collaborative projects involve an annual OCE investment of $50,000 per year. Research caliber, industry support and relevance, student training. Application is handled by an OCE representative, in consultation with the research staff and the proposed industry partner. Continuous Intake
OCE First Job Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
The First Job initiative moves talented people from academia to industry. It makes it possible for companies to improve their ability to innovate by recruiting talented young researchers with significant academic experience. http://www.oce‐ontario.org/Pages/Tjob.aspx Grant Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Any Researcher, staff, job, employee, salary, pay, wage Ontario Up to $40,000 for established companies Up to $50,000 for start‐up companies. Continuous intake The First Job initiative moves talented people from academia to industry. It makes it possible for companies to improve their ability to innovate by recruiting talented young researchers with significant academic experience. These researchers bring leading‐edge scientific knowledge that helps companies increase their competitiveness and productivity. * The researcher has graduated with an advanced degree (Masters or PhD), preferably, within the last five years and is eligible to work in Canada. Holders of other post‐secondary credentials (Bachelors and college diplomas) are also eligible. * The applying company will be able to demonstrate that hiring the researcher will enhance their competitive position. 50% of the researcher's salary Successful applicants receive a grant of 50% of the recruit's salary (up to $40,000); start‐up companies are eligible for a grant of 80% of the recruit's salary (up to $50,000). Impact on industry partner: • Direct revenue (or revenue opportunity) • Cost Savings • New technology developments • New products/services/processes Development of Intern: • New skills and expertise • Retention of full‐time permanent All applications are internally and externally reviewed and consist of the form (3‐4 pages), the candidate’s CV and a letter of support from the company; Continuous intake
OCE Interact Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Interact projects may be initiated quickly, should be completed within six months and involve OCE investments up to $13,500. http://www.oce‐ontario.org/Pages/Rinteract.aspx Grant Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Any Ontario Up to $13,500 Continuous Intake The Interact initiative is designed to initiate new industry‐academic interactions that create collaborative research partnerships between industry and Ontario universities, colleges or research hospitals. * Address specific industry challenges. * Demonstrated potential to develop a lasting relationship between the company, the academic institution and OCE. * Intellectual Property arising from the project is to be managed in accordance with the University/ College/Hospital Collaboration Agreement. * Demonstrated talent development and training opportunities for students. * Demonstrated potential benefit to industry and academic partners as well as the Ontario economy. *Researcher salary costs. * Industry partner(s) make a cash and/or in‐kind contribution to the project that matches that of OCE. The amount of that contribution and the ratio of cash to in‐kind will depend on the participating firms and the project objectives. *Quaility of research contemplated. 2‐page introductory application document.
Continuous Intake
OCE Investment Accelerator Fund Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
Through investment of up to $500K, the IAF helps launch high potential technology ventures. IAF http://www.oce‐ontario.org/Pages/CInvest.aspx Equity investment Ontario Centres of Excellence, Ontario Ontario Ministry of Research and Innovation • Technology Technology, innovation, venture capital Ontario Up to $500,000 Continuous intake The Investment Accelerator Fund (IAF) is an early stage seed fund managed by the Ontario Centres of Excellence (OCE) that is designed to help Ontario based, start up and early stage technology companies bring their products and services to market. • Technologies or intellectual property (IP the company intends to commercialize must have unique and protectable aspects that establish a sustainable competitive advantage • The company must have unencumbered rights to commercialize the technology • The products and services the company intends to bring to market must meet a define market need and have a significant and sustainable advantage over competitors • The addressable market should be at minimum, $20 million • The management team must have the appropriate skills and domain expertise or willing to replace and augment the team as necessary • There must be a clear and plausible path to commercialization • The company should not have achieved significant revenue, excluding any pre‐commercialization revenue such as pilot project revenues, prototype sales, service contract revenue and any other non‐ sustainable streams • Intend for at least 50% of salaried employees to be based in Ontario • Recruitment of team members • Business development • Late‐stage product, process or service development • Implementation of a defined marketing or distribution strategy *Negotiated on a case‐by‐case basis *Commercial viability *Strength of innovation *Strength of business and marketing plan *Management team *Business plan and financial model
Continuous intake
OCE Market Readiness Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
Small‐scale funding for commercialization fo academic‐based innovation. http://www.oce‐ontario.org/Pages/Cmarket.aspx Grant Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Any Commercialization Ontario Up to $150,000 Continuous Intake 1) to determine whether a profitable market exists for the technology 2) to determine whether the technology should be commercialized through licensing to existing Ontario companies or through the creation of a new company 3) if the technology is to be licensed, to mature the technology and the IP ownership to a point where it can be formally licensed to an existing or new Ontario company 4) if the technology is to be the foundation of a new company, to bring that company to a level of development where private capital is prepared to invest Intellectual property developed at an Ontario college, university or research hospital. Funding can go to the institution or to a newly‐created spinoff. • Technology Assessment • Market Assessment • I.P. Protection • Prototype Development • Material Characterization • Proof of Concept Demonstration • Business Plan Development • New Company Start‐Up • Key Position Staffing Not Applicable *Commercial viability *Strength of innovation *Strength of business and marketing plan *Management team The inventor will work together with an OCE Business Development Manager to define the goals of the initiative and draft an application for review. The proposal must be approved by the academic institution's Office of Research, technology transfer office or equivalent Continuous Intake
OCE Martin Walmsley Fellowship Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
Awards the successful candidates $50,000 per year, for up to two years, to start a company. Second year funding is dependent on a satisfactory review of first year outcomes. http://www.oce‐ontario.org/Pages/cmartin.aspx Award Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Materials and Manufacturing • Communications and IT • Photonics • Earth and Environment • Energy Award, start‐up, seed, technology, entrepreneur, transfer Ontario Up to $50,000 per year for 2 years Applications for the Martin Walmsley Fellowship for Technological Entrepreneurship are accepted annually in the spring. Generally 2 prizes are awarded each year. The Martin Walmsley Fellowship for Technological Entrepreneurship is designed to support an academic innovator who is working to transfer technology developed with the support of Ontario Centers of Excellence into a new technologically innovative business (TIB) venture. * The candidate must be a Canadian citizen or permanent resident of Canada, committed to founding in Ontario a new TIB venture based on intellectual property developed with the support of Ontario Centers of Excellence. * The Fellowship is awarded to a researcher (e.g. faculty member, graduate student, post doctoral fellow) who has been associated with the development of this intellectual property. * The successful candidate will demonstrate the requisite motivation and skills to extract the proposed technology nugget from the research in which they have been engaged, conduct the necessary market research, develop a successful business plan, and lead others in the formation of a new TIB registered in Ontario. *Start‐up costs and costs directly attributable to the project. Not Applicable *Potential for wealth creation in strategic areas of Ontario's econmy. Applications for the Martin Walmsley Fellowship for Technological Entrepreneurship are accepted annually in the spring. Prospective applicants work closely on the application with the OCE Business Development Officer dedicated to the research project that originated the technology to be commercialized. Proposals are submitted to a Selection Committee consisting of technical and business experts. Applications for the Martin Walmsley Fellowship for Technological Entrepreneurship are accepted annually in the spring. Generally 2 prizes are awarded each year.
OGI Pre commercialization Business Development Fund Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
OGI's Pre‐commercialization Business Development Fund (PBDF) is a unique and useful investment fund that is helping to enable the economic impact of outcomes of genomics and proteomics research projects and technology development. http://www.ontariogenomics.ca/business‐development/pre‐commercialization‐business‐ development‐fund‐funding‐criteria Equity investment Ontario Genomics Institute • Genomics biofuel, cell, molecule, molecular, disease, therapeutics, diagnostic, environmental, laboratory, medical, device, neutraceutical, technology, Ontario Up to $100,000 There are generally several application opportunities throughout the year. The next opportunity will be in late fall of 2009 according to program administrators. * Create economic results from genomics and proteomics research; * Support scientific entrepreneurs; * Broker partnerships between academe and industry; and * Generate returns for future PBDF investments. *Companies and academic institutions may apply. *R&D Costs *100K investment, matching fund requirement, current terms are a convertible debenture at 15% interest, 20% discount on conversion – these terms may change in subsequent funding rounds. The PBDF ranks opportunities in terms of the extent to which they meet the following criteria: * The investment increases the likelihood of a near‐term (i.e., within 24 months), 'next‐step' event by offering concrete, definitive milestone(s) and uniquely enables rapid progress towards the marketplace for the outcome(s) of genomics‐related technologies. * The opportunity forges a partnership between academe and industry. * The proposal demonstrates that the PBDF represents a unique funding opportunity for the project. * The applicant provides a matching investment in cash or in kind, whether from internal resources or other investors or from granting institutions. * The opportunity is of interest to an entity capable of and committed to further commercializing the outcome. Step 1: Complete applications submitted • OGI and Board Commercialization Committee (BCC), a subset of OGI’s Board of Directors, review application forms for early go/no go decision. • Feedback provided to all applicants. • Subset of opportunities move forward to Due Diligence. Step 2: Due Diligence Process • All applicants that move onto this stage of evaluation are required to review the investment term sheet in advance and agree to the standard terms. • After initial go ahead, due diligence by OGI and external experts (if required) will focus on the development plan, intellectual property, the market, competition and management. Step 3: Review and Decision • Due Diligence findings presented to the BCC for review. • Detailed feedback, including expert opinions, provided to all applicants whose proposals undergo Due Diligence. • Subset of opportunities selected to move on to negotiation phase. Step 4: Negotiate & Invest • OGI negotiates final investment agreement. There are generally several application opportunities throughout the year. The next opportunity will be in late fall of 2009 according to program administrators. 3 to 6 months
OGI Technology Seeding Fund Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
These strategic investments finance advances in present technologies, as well as ventures into newer, leading‐edge technologies in genomics and proteomics. http://www.ontariogenomics.ca/ogi‐sponsored‐genomics‐technology‐seeding‐program‐charter • Genomics biofuel, cell, molecule, molecular, disease, therapeutics, diagnostic, environmental, laboratory, medical, device, neutraceutical, technology, Ontario Up to $10,000 1 proposal is funded every quarter * To acquire a novel and/or leading‐edge technology/tool for genomics platforms; * To catalyze capacity‐building activities in Ontario; * To enhance breadth, depth, quality and efficiency of service at the facilities; and, * To ascertain the potential of new technologies. To be eligible, the technology being considered must be: * closely aligned with and used for genomics (large‐scale, systematic, and holistic) strategies in the life sciences; * leading edge and/or provide a price advantage; * be likely to create ‐‐ through familiarity with it and the data it generates ‐‐ a significant, new advantage for Ontario scientists; and, * unique and unavailable elsewhere in Ontario. To be eligible, Genomics Platforms must be: * Ontario‐based and funded by Genome Canada; or, * Ontario‐based and a member of OGI's Platform Affiliate Program No Information. No information. No information. *Online application form
1 proposal is funded every quarter
OMDC Entertainment and Creative Cluster Partnerships Fund Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
The Entertainment and Creative Cluster Partnerships Fund (the Partnerships Fund) is a program of the Ministry of Culture and is co‐administered by the Ontario Media Development Corporation. The Fund assists Ontario’s Entertainment and Creative Cluster stakeholders in the commercial theatre, film and television, interactive digital media, music, book and magazine industries by supporting strategic partnerships that develop fresh approaches and solutions to the priorities and needs of the cluster. http://www.omdc.on.ca/Page3231.aspx Ontario Media Development Corporation • Book Publishing • Commercial Theatre; • Film Production • Interactive Digital Media • Magazine Publishing • Music Companies • Television Production Media, publishing, entertainment, film, video, magazine, music, television Ontario Minimum applications for $25,000, no maximum funding limit. 23‐Sep‐09 To support Ontario's media and entertainment industry development. • As the Fund is partnership‐based, each application requires the involvement of a minimum of two partners from the following list of Eligible Organizations: • Recognized industry trade associations. (see note below) • A consortium of three or more non‐associated companies (see Appendix A – Definition of “Associated Companies""). The primary business (measured by revenues or share of staff resources) of each company must be the creation and exploitation of media content. (see note below) • Colleges, universities and recognized training institutions with existing or proposed programs that are relevant to research, innovation or workforce training in the cluster. • Industry‐recognized festivals, conferences and congresses attended by professionals. • Creator organizations such as arts service organizations, guilds, professional associations (as Secondary or Additional Partners only.) Eligible Organizations must meet the following criteria: • Companies: minimum sales revenue of $100,000 (for at least one company in a consortium); • Companies: primary business is in the creation and exploitation of media content; • Recognized industry trade associations: minimum Ontario membership of 25 companies; • Be an Ontario‐based organization1; • Be a Canadian‐owned and ‐controlled organization2; • Be incorporated in Ontario or federally; • Be able to demonstrate the capacity and expertise to carry out the proposed project; • Be in a sound financial position at the time of application and deemed to be an ongoing entity; • Trade associations need to provide evidence of Board support and authorization of the project; • Be in good standing with OMDC at time of application submission; • Colleges, universities and recognized training institutions may apply as the Primary Partner provided participation of one trade association or a consortium of companies is demonstrated; and • Industry‐recognized festivals, conferences and congresses may apply as the Primary Partner provided support is given from a recognized industry trade association. Festivals, conferences and congresses primarily attended by the general public are not eligible to apply as the Primary Partner. *Capacity Building *Business Innovation *Domestic and global marketing *Skills development While there is no maximum funding request there is a minimum funding request of $25,000. Project proponents are encouraged to make an effective business case for the level of funding appropriate to the scope and goals of the project and to follow these budget and financing guidelines: • The funding will be capped at 70% of the total budget with the following exception: o Trade organizations may utilize OMDC Trade Organization funding to a maximum of 25% of total budget.
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
• The applicant contribution or project financing required in addition to the Partnerships Fund’s contribution may include cash and in‐kind sources. Please note, in‐kind must not exceed 50% of the applicant contribution. • Budget allocations towards capital expenditures such as equipment purchase will be allowed to a maximum of 25% of the total budget. Demonstration of innovation and creative approaches to common challenges facing Ontario’s Entertainment and Creative Cluster companies and organizations; • Transferability of results and/or benefit to stakeholders in the cluster; • Opportunity for enhanced productivity and growth; • Potential for commercial success and revenue generation; • Job creation/retention; • Clearly defined project plan including activities, goals and measurable outcomes; • Feasibility of the project with respect to budget, financing and production schedule; • Track record of the applicant companies; • Viability of the partnership; and • Leveraging of other contributions. • Potential applicants will consult with OMDC at the outset of the project planning stage. First contact must be made with the Program Coordinator who will refer applicants to the appropriate OMDC Consultant. The Consultant will then review the project, partnership structure, proposed budget and financing plan with the applicant to determine if eligibility requirements have been met. The applicant will then be Pre‐ Qualified to submit an application to the program. All applicants must be Pre‐Qualified to apply to the program. Deadline for Pre‐Qualification is Wednesday, September 9, 2009 however applicants are encouraged to contact OMDC as soon as possible to go through the process. • Potential applicants are strongly encouraged to attend one of the two planned Information Sessions. • Applications will be assessed for completeness and eligibility by OMDC/MCL staff immediately following the deadline of September 23, 2009. • OMDC/MCL will forward recommendations to the jury. • All applications that meet program eligibility will be forwarded to the jury. • It is anticipated the jury will make decisions in December, 2009. 23‐Sep‐09 No Stacking Limitations
OMDC Export Fund ‐ Interactive Digital Media Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
The OMDC Export Fund will cover up to 50% of a participating company’s eligible expenses to engage in export development activities between August 1, 2009 and August 31, 2010 as part of a comprehensive export development plan. http://www.omdc.on.ca/Page3222.aspx Grant Ontario Media Development Corporation • Media • Digital Media • New Media • Interactive digital media Media, Digital Media, New Media, Interactive digital media Ontario Up to $12,000 22‐Jun The OMDC Export Fund will provide eligible Ontario companies with funding to participate in export development activities that correspond to a strategy for company growth. A funded company may be asked to produce receipts to demonstrate actual expenses. This program is open to export‐ready film and television producers, music companies, book publishers and interactive digital media content producers. The applicant must: • be Ontario‐based and Canadian‐controlled; • be incorporated; • be a small‐ to medium‐sized, private sector, for profit company; • have been in operation in Ontario for at least one year; and • have an export development plan for a slate of products or projects with defined, achievable and measurable business development goals. • be primarily a screen‐based content creation company (as opposed to a creator of applications, tools, technology, hardware, etc.); • be able to demonstrate that at least 50% of its revenue averaged over a two year period can be attributed to the creation of complete screen‐based content products; and • have demonstrated in‐house expertise in the creation of content for interactive platforms, networks or devices (video games, mobile content, eLearning content, convergent projects, etc.). Eligible export development activities include attendance at key industry markets and events, planned sales trips to key territories to meet with identified leads and participation in trade missions organized by industry associations and government agencies. Proposed activities must take place outside of Canada. There is no limit on the number of activities that a company may include and companies are advised to submit all of the export development activities that they will be participating in during the period covered by the program to provide an accurate picture of their overall export development plan. At least one of the activities must involve participation in an event organized by a third party (i.e. a recognized market or conference). Participating companies are eligible to receive up to $12,000 capped at 50% of the total costs for all activities. • company track record including an assessment of export readiness, prior results and previous performance in OMDC programs • objectives for proposed activities and strength of company’s export development plan • defined, achievable and measurable business development result projections and anticipated impact of export activities on company growth • suitability of proposed activities • suitability of project or product slate for international markets • Signed and completed application form • Company overview and a summary of previous experience attending international • Outline of company’s overall export development plan • Name and description of planned export activity including:
Application Deadlines Processing Time Notes
• Location • Dates of activity (i.e. dates for the market, conference or event that will be attended) • Dates of travel (i.e. dates for entire business development trip including additional days if representative is attending meetings in advance of or after the market, conference or event) • Activity website • Company’s history participating in the activity • Rationale and objectives for participating in the activity including a list of current interactive digital media content projects that are relevant to the activity • An explanation if travel dates are extended beyond the official dates of a scheduled event • List of potential business meetings and/or contacts • Completed OMDC Export Fund budget template • Summary of current interactive digital media content projects related to the company’s export development plan 22‐Jun Companies that are eligible to receive support through both the OMDC Export Fund ‐ Film and Television and the OMDC Export Fund ‐ Interactive Digital Media may only receive a maximum of $12,000 per deadline. “Double dipping” is not permitted.
OMDC Interactive Digital Media Fund Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria
The OMDC Interactive Digital Media (IDM) Fund is designed to provide Ontario interactive digital media content companies with access to the final piece of funding required to move their content projects into production. Successful applicants will receive a non‐refundable contribution of up to $150,000 to a maximum of 50% of the project budget to create a market‐ready interactive digital media content product. http://www.omdc.on.ca/PageFactory.aspx?PageID=3215 Grant Ontario Media Development Corporation • Media • Digital Media • New Media • Interactive digital media Media, Digital Media, New Media, Interactive digital media Ontario Up to $150,000 11‐May • to support the creation of high quality, original, interactive digital media content products by Ontario companies; • to assist in capitalizing Ontario‐based interactive digital media content production companies; • to provide flexible funding options that support partnerships between Ontario interactive digital media companies and companies from other creative cluster industries; and • to contribute to the financing of projects that make a positive contribution to the Ontario economy. Must spend 2X OMDC contribution in Ontario. To be eligible to submit an application for the OMDC IDM Fund a company must: • be a screen‐based company that is involved in the creation of complete content products; • have demonstrated in‐house expertise in the creation of content for interactive platforms, networks or devices; • be an Ontario‐based organization; • be a Canadian‐owned and ‐controlled organization; • be incorporated in Ontario or federally or willing to incorporate immediately if their application is successful; • be a private sector, for profit organization; • be in a sound financial position at the time of application and deemed to be an ongoing entity with a plan to continue creating interactive digital media content products; and • be in good standing with OMDC at time of application submission. • be intended to be experienced by the end user on a digital media platform, network or device that is capable of interactivity and allows users to make decisions and have control over the content and the form and sequence in which it is presented through browsing, searching, selecting and making choices which has an impact on the user’s experience of the content; • be complete with an intention to release the project via an interactive digital media platform, network or device as the primary distribution channel; • be intended for a consumer audience; • be intended for use by individuals or groups of individuals; • be intended to educate, inform or entertain; • consist of a combination of at least two of text, sound (music, sound effects, voice, etc.) and images (pictures, animations, video, etc.); and • be suitable for commercial exploitation. Development and production costs directly attributable to the project Successful Applicants will receive a non‐refundable contribution of up to $150,000 to a maximum of 50% of the budget which is drawn down during the course of the program, triggered by pre‐determined deliverables as follows: • 75% on execution of the OMDC agreement; • 15% on delivery of an interim report and interim meeting with program administrators; and • 10% on delivery of the completed project and all deliverables outlined in the contract. • Track record of the applicant company and production team • Benefit to the Ontario economy ‐ opportunity for enhanced company revenue and growth, Ontario labour spend, leveraging of other contributions, value of Ontario expenditures • Feasibility of the project with respect to budget, financing, production schedule and technology
Application Documentation and Process
Application Deadlines Processing Time Notes
• Quality, originality and creativity of the project • Potential for commercial success and revenue generation • Table of contents. • Completed and signed application form. • Detailed project description including a summary of the status of the project at time of application and a list of proposed deliverables. • Design and technical specification document including a flow chart and outline of the content structure, a summary of the various project components (activities, features, modules, etc.), a description of the user experience, a list of technical requirements and storyboards or other visual representations of the project where applicable. • Detailed budget and financing plan in industry standard format that conforms to standard industry caps and thresholds and OMDC IDM Fund requirements. Please see OMDC IDM Fund Budgeting and Financing Guidelines. • Production schedule with a critical path and key milestones. • Applicant company profile including descriptions of relevant projects completed to date and a demonstration of track record and plans for future interactive digital media content production. • List of key production staff and company management with current titles. • Detailed resumes/profiles for key production staff and company management. • Financing letters confirming any committed financing and deferrals, discounts and other in‐ kind/non‐cash contributions. Financing from the applicant company must be supported with a statement from a financial institution that demonstrates that the money is available at the time of application. Please see OMDC IDM Fund Budgeting and Financing Guidelines for additional requirements regarding financing letters. • Evidence of applicant company’s or eligible partner’s ownership of the project (chain of title documentation). • Articles of incorporation. • List of shareholders detailing ownership share, citizenship and province of residence and a list of all officers and directors. • Financial statements for the past two fiscal years (if available). • Business and marketing plan including a description of the target market and revenue model, an assessment of the potential for commercial success and two year revenue projections. Where possible please include letters and/or agreements that confirm interest and proposed terms from third‐party distributors or equivalent. • A description of how this project makes a positive contribution to the growth of your company and the Ontario economy (enhanced company revenue, number of Ontario jobs created or retained, leveraging of other contributions, value of Ontario expenditures, etc.) • Completed Schedule of Minimum Ontario Expenditures summarizing total Ontario expenditures for labour and non‐labour budget categories. 11‐May 10 weeks
OMDC Ontario Interactive Digital Media Tax Credit Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process
The OIDMTC is calculated as 40%* of eligible Ontario labour expenditures and eligible marketing and distribution expenses incurred after March 26, 2009 by qualifying corporations http://www.omdc.on.ca/Page3400.aspx Ontario Media Development Corporation • Media • Digital Media • New Media • Interactive digital media Media, Digital Media, New Media, Interactive digital media Ontario 40% of eligible Ontario labour expenditures and eligible marketing and distribution expense The OIDMTC is a refundable tax credit, which means that the amount of the credit, less any Ontario taxes payable, will be paid to the qualifying corporation. The OIDMTC is based upon the Ontario labour expenditures and eligible marketing and distribution expenditures claimed by a qualifying corporation with respect to eligible products. A qualifying corporation is a Canadian corporation (that is Canadian or foreign‐owned), that develops an eligible product at a permanent establishment in Ontario operated by it, and files an Ontario tax return. A qualifying small corporation meets these criteria as well, and had during the preceding taxation year (on an associated company basis) neither annual gross revenues in excess of $20 million nor total assets in excess of $10 million. To be eligible for the OIDMTC a product must be an interactive digital media product whose primary purpose is to educate, inform, or entertain, and that achieves its primary purpose by presenting information in at least two of: (i)text, (ii)sound and (iii) images. Types of interactive digital media products that may be eligible for the tax credit include but are not restricted to games, educational and informational products. The credit may be claimed with respect to qualifying Ontario expenditures which include eligible labour expenditures and marketing and distribution expenditures. Eligible labour expenditures are 100% of salaries and wages for employees and 100%* of remuneration incurred after March 26, 2009 and paid to arm’s length persons who are not employees. “Persons” may include individuals, partnerships and corporations. For eligible remuneration expenditures incurred prior to March 26, 2009 see chart below. Eligible Labour expenditures must also be paid to individuals resident in Ontario, directly attributable to the development of the eligible product, and paid for services rendered at a permanent establishment in Ontario. For those products completed after March 25, 2008 eligible labour expenditures incurred in the three year period prior to the completion of the product can be included in the OIDMTC claim. For products completed prior to March 26, 2008 eligible labour expenditures incurred in the two year period prior to completion can be claimed. Up to $100,000 of eligible marketing and distribution expenditures related to an eligible product can be included. Eligible marketing and distribution expenses are those incurred in the 24‐month period prior to the completion of the eligible interactive digital media product, and those incurred in the twelve months following the completion of the product. Expenditures that have already been claimed as eligible Ontario labour expenditures cannot be claimed as marketing and distribution expenditures. The OIDMTC is calculated as 40%* of eligible Ontario labour expenditures and eligible marketing and distribution expenses incurred after March 26, 2009 by qualifying corporations, regardless of size of corporation, to create eligible interactive digital media products in Ontario. Not applicable o Application form o Application Fee o Taxpayer Authorization Form o Incorporation Documents o Corporate chart o Consolidated annual financial statements o OIDMTC corporate declaration o Chain of title documentation
Application Deadlines Processing Time Notes
o Description of product development o Production schedule o Business marketing plan o Names of individuals working on project o Financing plan o Financing contracts o Cost report o Eligible marketing and distribution expenses o Copy of completed product
OMDC Ontario Sound Recording Tax Credit (OSRTC) Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount
Application Intake
Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process
Application Deadlines
The Ontario Sound Recording Tax Credit (OSRTC) is a refundable tax credit based upon eligible production and marketing costs incurred by a qualifying corporation with respect to an eligible Canadian sound recording. The OSRTC is calculated as 20% of qualifying expenditures incurred by an eligible sound recording company with respect to an eligible Canadian sound recording by an emerging Canadian artist or group. http://www.omdc.on.ca/Page3398.aspx Tax Credit Ministry of Culture ‐ Ontario Media Development Corporation •Music •Media •Entertainment, •Sound recording •Music video Music, media, entertainment, sound, recording, sound recording, music video, artist Ontario The OSRTC for an eligible sound recording is equal to 20% of qualifying expenditures for a taxation year less “government assistance”. Once the eligible sound recording has been completed and before the end of the taxation year. Support Ontario music artists. An eligible sound recording company is a Canadian‐controlled corporation having carried on a sound recording business in Ontario for at least 12 months as a corporation or, prior to incorporation, as a sole proprietor or partnership.* An eligible sound recording company must earn more than 50% of its taxable income in Ontario for the preceding taxation year and more than 50% of the company’s business must be related to sound recording activities. An eligible sound recording company must have implemented a distribution plan (a plan to market the recording) for at least one sound recording in the preceding taxation year. An eligible sound recording company must enter into contracts with its artists and must bear the financial risks associated with its business or be related to a company that bears the risks. 1. These expenditures include artists’ royalties and musicians’ session fees, graphics (including artwork, photography, layout and colour separations), software, digital scanning, programming and beta testing. 2. Production of a qualifying music video (as described in subsection (12)) for the recording. These expenditures include rehearsal costs. 3. Direct marketing of the recording ( fees for consultants and salaries and wages for employees whose primary function is public relations or marketing). 4. The following launch costs (Rental costs for sound and light equipment and for facilities; The amount of expenses for food, beverages and entertainment that is determined under section 67.1 of the Income Tax Act (Canada); Event planning services; The design, printing and mailing of invitations; Security; Business location permits and licenses; Photography; Promotional gifts and souvenirs; 50 per cent of the expenditures that are not qualifying expenditures under paragraphs 2 and 3 solely because they are expenditures on account of property used outside Ontario or services provided outside Ontario; Expenditures for the repayment of government assistance to the extent that the assistance reduced the amount of the tax credit for the recording that would otherwise have been available to the recording company for a prior taxation year. The OSRTC for an eligible sound recording is equal to 20% of qualifying expenditures for a taxation year less “government assistance”. Satisfaction of eligibility criteria When a Certificate of Eligibility is applied for, the applicant must submit to the OMDC a completed Application Form, the company’s most recent financial statement, a copy of the sound recording, and the documents set out in the OSRTC Documents Checklist (see Appendix 2). In some cases the OMDC may require additional documentation or information in order to issue a Certificate of Eligibility. Corporations must then submit their certificate of eligibility to the CRA along with their annual tax filing. Once the eligible sound recording has been completed and before the end of the taxation year.
Processing Time Notes
Ontario Apprenticeship Training Tax Credit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The ATTC reimburses corporations and unincorporated businesses 25 per cent of eligible expenditures paid or payable after May 18, 2004 and before January 1, 2015, up to a maximum tax credit of $5,000 per qualifying apprentice per taxation year. For corporations and unincorporated businesses that have total salaries and wages for the previous taxation year of $400,000 or less, the rate of the tax credit is increased to 30 per cent. http://www.edu.gov.on.ca/eng/tcu/employers/taxcredit/calculator.asp Tax Credit Ontario Ministry of Revenue •Skilled trades Job, Apprentice, Intern, Staff, Student, Graduate, Employee, Employment Ontario Up to $5,000 per apprentice per year The 2004 Ontario Budget announced a new refundable tax credit for corporations and unincorporated businesses employing apprentices in certain skilled trades during the first 36 months of an apprenticeship program. *Corporations with permanent establishments in Ontario subject to Ontario corporate income tax are eligible. * All proprietors filing Ontario personal income tax returns whose unincorporated business has a permanent establishment in Ontario are eligible. *A corporation or unincorporated business that pays a fee to an employment agency for the services of an apprentice is deemed to be the eligible employer and to employ the apprentice, not the employment agency. As well, the corporation or unincorporated business is deemed to be participating in the apprenticeship program with the apprentice, not the employment agency. *Members of a partnership may share the ATTC for each qualifying apprenticeship. Limited partners are not entitled to this credit; however, the general partners of a limited partnership are entitled to share the credit. *A qualifying skilled trade is an apprenticeship trade that is regulated under the Apprenticeship and Certification Act, 1998 or the Trades Qualification and Apprenticeship Act and has been designated by the Minister of Finance. See Appendix A for a list of qualifying skilled trades. *Eligible expenditures are salaries and wages, including taxable benefits (i.e., amounts reported on the apprentice's T4 slip) paid or payable to an apprentice in a qualifying skilled trade for services performed by the apprentice for the corporation or unincorporated business after May 18, 2004 and before January 1, 2015. *Eligible expenditures also include fees paid or payable to an employment agency by a corporation or unincorporated business for services performed by the apprentice in a qualifying apprenticeship after May 18, 2004 and before January 1, 2015. *All eligible expenditures must be for services provided by the apprentice to the eligible employer during the first 36 months of the apprenticeship program. All eligible expenditures must be attributable to an Ontario permanent establishment (place of business) and must be reasonable in the circumstances. Not Applicable Not applicable Corporations may claim the tax credit on Schedule 114 of their CT‐23 or CT‐8 tax return.
Ontario BioAuto Council Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
The council will partner with existing companies for projects valued up to $2 million. Funding will be geared towards securing Ontario’s global leadership in product development from renewable feedstocks. Priority will be given to the commercialization of near market‐ready products and processes. http://www.bioautocouncil.com/funding.aspx Equity investment The Government of Ontario •Biogas and biofuels •Green/renewable energy biogas, biofuel, bioproduct, automobile, green, environmental, automotive, feedstocks, agriculture, energy Ontario from $150 000 to $1 million, to a maximum of 50% of eligible project costs. Applications for funding are accepted the first business day of every month. Commercialization is expected before March 31, 2010. The Ontario BioAuto Council aims to ensure Ontario companies lead the green evolution of biomaterials – especially when it comes to bioplastics, biocomposites and other materials headed for the auto sector. Proposals must be for bio‐based product or process commercialization resulting in product sales. Participants must adequately demonstrate their financial ability to carry out the project. Publicly funded research centers, government agencies, universities and colleges are not eligible applicants. Requested funding should fall in the range of $150 000 to $1 million Projects must be led by a company located in Ontario. BioAuto funding can only support eligible expenditures of Ontario participants. Participants must be a for‐profit entity. 1. Direct labour 2. Benefits 3. Overhead 4. Direct materials 5. Consultants and sub‐contractors 6. Equipment 7. Rentals Ontario BioAuto Council will invest up to 50% of the total project costs. Participants are expected to contribute at least 25% of the project value as cash with the remaining matching contribution as eligible in‐kind (see appendix for eligible in‐kind contributions). Other sources of project funding are encouraged and their presence will make the project more attractive for Ontario BioAuto Council funding. What will be the benefits to Ontario? How can an investment from the BioAuto Council help your business? What will be the other sources of funding for the project? Applicants must declare if other provincial funds will be used as part of the matching contribution. One‐page executive summary that clearly communicates the project goals and timeline Bio‐based product description – with reference to literature review and competitive analysis (to be included as appended material) Description of IP strategy (if applicable) Market plan and analysis – the applicant is expected to demonstrate that the participants have an in‐depth understanding of the market opportunity for the bio‐ based product, based on sound market intelligence, including the scope and scale of markets and customer needs Sales forecasts Organization chart and bios for staff to be involved with the project Current and historical (3 years) audited financial statements (to be included as appended material) Project budget – provide a detailed breakdown of the total expenditures expected for the project outlining participant contributions – in‐kind and cash – and
Application Deadlines Processing Time Notes
requested contribution from BioAuto Council Applications for funding are accepted the first business day of every month. Commercialization is expected before March 31, 2010.
Ontario Business Research Institute Tax Credit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The OBRITC provides a qualifying corporation with a 20% refundable tax credit for a scientific research and experimental development (SR&ED) expenditures incurred in Ontario under an eligible contract with an eligible research institute (ERI) OBRITC http://www.rev.gov.on.ca/english/credit/obritc/ Tax Credit Ministry of Revenue •Any Research, researcher, institution, college, university Ontario Up to $4 million To foster world‐class research institutions in Ontario and to promote partnerships between business and Ontario non‐profit research institutions. 1. carries on business in the taxation year through a permanent establishment in Ontario and is not exempt from tax under the CTA, 2. enters into, or is a member (other than a specified member) of a partnership that enters into an eligible contract with an ERI (see section 3 below), 3. is not connected (see below) to the eligible research institution (ERI) which carries out any part of the OBRI qualifying research, 4. is not controlled directly or indirectly at any time during the 24‐month period before the eligible contract was entered into by: 1. a trust, a beneficiary of which was an ERI that is a party to the eligible contract or which performed SR&ED under the eligible contract, or 2. a corporation carrying on a personal services business. Scientific research and experimental development expenditures (SR&ED) incurred in Ontario under an eligible contract with an eligible research institute (ERI). The maximum tax credit a corporation or an associated group of corporations can claim is $4 million. Small businesses may claim the 20 per cent OBRI tax credit in addition to the 10 per cent Ontario Innovation Tax Credit for a combined tax credit of 30 per cent of qualifying expenditures. Not Applicable Complete Corporations Tax Form CT23. Schedule 198
Small businesses may claim the 20% OBRITC in addition to the 10% Ontario Innovation Tax Credit for a combined tax credit of 30% of qualifying expenditures.
Ontario Co‐Operative Education Tax Credit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
An eligible employer may claim a refundable tax credit for each qualifying work placement ending in the tax year equal to the lesser of: 10% to 15% of eligible expenditures made for the work placement and $1,000. http://www.rev.gov.on.ca/english/credit/cetc/ Tax Credit Ministry of Revenue •Any Salary, Support, Job, self‐employed, pay, benefit, student, graduate, co‐op, placement Ontario Up to $1,000 The Co‐operative Education Tax Credit (CETC) is a refundable tax credit available to employers who hire students enrolled in a recognized Ontario university or college co‐operative education program. * have a permanent establishment located in Ontario, and * be subject to Ontario income tax, and * incur eligible expenditures associated with hiring co‐op students enrolled in an Ontario university or college. Eligible expenditures are the following expenditures made by a business in respect of a qualifying work placement: * Salaries and wages including taxable benefits (i.e., the amounts reported on the T‐4 slip) paid or payable to the student in respect of the qualifying work placement. The student's remuneration must be attributable to an Ontario permanent establishment (place of business). * Fees paid or payable to an employment agency in respect of the qualifying work placement for the services of a student carried out primarily at an Ontario place of business. Not Applicable Not applicable Claim your tax credit on form ON479, Ontario Credits included in your federal income tax return.
Ontario Computer Animation and Special Effects (OCASE) Tax Credit Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount
Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time
The OCASE Tax Credit is calculated as 20% of the eligible Ontario labour expenditures incurred by a qualifying corporation with respect to eligible computer animation and special effects activities. OCASE http://www.omdc.on.ca/Page3402.aspx Tax Credit Ministry of Culture ‐ Ontario Media Development Corporation •Animation •Media •Digital media •New media •Interactive media Media, Digital Media, New Media, Interactive digital media, animation, special effects, computer generated animation, computer animation, CG Ontario The OCASE Tax Credit is calculated as 20% of the eligible Ontario labour expenditures incurred by a qualifying corporation with respect to eligible computer animation and special effects activities. There is no cap on eligible Ontario labour expenditures. *To enhance the competitiveness of Ontario's computer animation industry, create jobs and bring computer animation business to Ontario. A qualifying corporation is a Canadian corporation that is Canadian or foreign‐owned, has a permanent establishment in Ontario and files an Ontario corporate tax return. Qualifying corporations may include animation or visual effects houses, post‐production houses and film and television production companies which perform eligible computer animation and special effects activities. Eligible computer animation and special effects activities include designing, modeling, rendering, lighting, painting, animating and compositing but do not include activities that are scientific research and experimental development. a) salaries and wages (i.e., amounts paid to employees) directly attributable to eligible activities carried on by the qualifying corporation, that are paid to Ontario residents (individuals resident in Ontario at the end of the previous calendar year) who report to a permanent establishment of the qualifying corporation in Ontario at which the eligible activities are carried out; b) 50% of remuneration paid to freelancers who are individuals or partnerships for qualifying expenditures incurred before March 26, 2009; and c) 100% of remuneration paid to freelancers who are individuals, partnerships, or arm’s‐length incorporated individuals, for qualifying expenditures incurred after March 26, 2009.* The OCASE Tax Credit is a refundable tax credit which means that the credit will be refunded to the qualifying corporation, net of any Ontario taxes payable by the qualifying corporation. Claims for an OCASE Tax Credit are subject to audit by the Corporations Tax Branch (CTB). The Corporations Tax Branch (CTB), Ministry of Revenue verifies residency and may request proof of payment for labour claimed for purposes of the OCASE Tax Credit. Companies submit the following information to the OMDC for a certificate of eligibility which is then submitted to the CRA alongside the company's corporate tax return. o Application form o Taxpayer authorization form o Admin fee o Incorporation documents o Corporate chart o Contract with the producer o List of employees o Production schedule o Description of production process o Breakdown of prescribed cost amounts o Breakdown of eligible Ontario labour expenditures o Financing plan o Copy of completed animation
Notes
Ontario Innovation Tax Credit Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The OITC is a 10% refundable tax credit for corporations that make expenditures on scientific research & experimental development (SR&ED) carried on in Ontario. OITC http://www.canadabusiness.ca/servlet/ContentServer?cid=1085667967192&pagename=CBSC_ON/ display&c=Finance Tax Credit Ministry of Revenue •Any SR&ED, research, experimentation, R&D, development Ontario Up to $200,000 per taxation year To support Ontario innovation R&D The credit is available to all public and private corporations with permanent establishments in Ontario. Only expenditures for scientific research & experimental development carried on in Ontario, for which the taxpayer is eligible for federal (SR & ED) investment tax credit, qualify for the OITC. Only expenditures for scientific research & experimental development carried on in Ontario, for which the taxpayer is eligible for federal (SR & ED) investment tax credit, qualify for the OITC. * The OITC is calculated at 10% of qualifying expenditures * Maximum claim is $200,000 per taxation year * Qualifying expenditures are 100% of current expenses such as salaries and wages, and 40% of capital expenditures; OITC is available on qualifying SR&ED expenditures to a maximum of $2 million annually Not Applicable To claim the OITC, corporations must complete the OITC claim form, file the Ontario corporate tax return (CT23 or CT8) and enter the amount on line 191. To ensure quick identification of the claim, provide a copy of the related federal schedules (T2 SCH 31 and T661).
Ontario Job Creation Partnerships Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Ontario Job Creation Partnerships is an employment program that provides work experience to unemployed job seekers within projects that benefit the community or local economy. http://www.edu.gov.on.ca/eng/tcu/employers/jobCreation.html Grant Service Canada •Any Job, Apprentice, Intern, Staff, Student, Graduate, Employee, Employment Ontario Approximately $400/week Continuous Intake At the end of their participation, participants in the program will have recent work experience and additional skills to add to their résumés, increasing their chances of successfully finding long‐term employment. *Finite projects, incremental to the sponsors normal activities * Projects must provide a benefit to the community or the local economy * Projects must provide participants with a meaningful work experience . *Salary Not Applicable Projects are assessed on the extent to which they benefit the community or local economy. *Telephone consultation and application form.
Continuous Intake
Ontario New Technology Tax Incentive Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The Ontario New Technology Tax Incentive (ONTTI) allows a 100% immediate write‐off of the eligible cost of qualifying intellectual properties acquired in the course of an intellectual property transfer. http://www.rev.gov.on.ca/english/credit/ontti/ Tax Credit Ontario Ministry of Revenue •Intellectual property transactions Technology Ontario Introduced in the 1997 Ontario Budget, the ONTTI encourages the development and transfer of new technology. *The corporation must carry on business in Ontario. *Qualifying intellectual property is a patent, a license, a permit, know‐how, a commercial secret, a process, a formula or other similar property constituting knowledge. The eligible costs of qualifying intellectual properties are included in a Class 12 capital cost allowance (CCA) pool and allowed as a 100% deduction from income in the year of acquisition. The eligible costs of qualifying intellectual properties are included in a Class 12 capital cost allowance (CCA) pool and allowed as a 100% deduction from income in the year of acquisition. The expenditure limit for a taxation year is $20 million. A taxpayer's total ONTTI deduction for a taxation year is equal to the total amount of CCA allowed in respect of each ONTTI property. Neither the half‐year rule nor the available for use rule applies. Not Applicable The ONTTI is included on Ontario CCA Schedule
Ontario Power Authority Feed In Tariff Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
A FIT is the price that the government buys power for the grid for special cases. In this case, it means that if you generate power from renewables ‐ solar, wind etc ‐ the OPA will buy the power from you at a higher rate than the cost of electricity. The reason for FITs is that electricity from renewables still costs more than from coal or natural gas. FIT http://www.powerauthority.on.ca/FIT/ Subsidy Ontario Power Authority •Renewable Power Power, energy, biomass, solar, wind, bioenergy, fuel, gas, agrifuel, biofuel, renewable, green Ontario Continuous intake * Increase capacity of renewable energy supply to ensure adequate generation and reduce emissions * Simpler method to procure and develop generation * Create new green industries through new investment and job creation * Provide incentives for investment in renewable energy technologies *The FIT Program is for Renewable Generating Facilities up to a maximum capacity of 10 MW for solar PV Projects, 50 MW for waterpower Projects and unlimited in capacity for Projects using other Renewable Fuels (a) To be eligible to participate in the FIT Program, a proposed generating facility must: (i) constitute a Renewable Generating Facility; (ii) be located in the Province of Ontario; (iii) [not have a Contract Capacity of more than 10 MW in the case of PV Projects and 50 MW in the case of waterpower Projects. For greater certainty, an Incremental Project together with the Existing Generating Facility to which it is incremental may exceed these size limits so long as the increase in Gross Nameplate Capacity resulting from the Incremental Project does not exceed these size limits;] (iv) not be an Existing Generating Facility, unless it is an Incremental Project, in which case only the Contract Capacity relating to the Expansion or Upgrade is eligible; [NTD: Consider the appropriate additional eligibility requirements for waterpower Projects that are Expansions or Upgrades.] (v) connect to a Distribution System, a Host Facility or the IESO‐Controlled Grid; (vi) have separate metering suitable for FIT Program data collection and settlement purposes, as described in Section 6; and (vii) not have or have had a physical or financial power or capacity purchase contract relating to the generation of Electricity by such proposed facility, or other form of contract relating to Electricity or Related Products relating to such proposed facility. For greater certainty, this includes Standard Offer Contracts. (b) [Although it is not an eligibility requirement for purposes of an Application, all Applicants should be aware that the FIT Contract will require that a Project be comprised of at least l% Provincial Content as determined in accordance with Exhibit “C”.] Not Applicable Too lengthy to list *Application completeness *Project viability *Connection/distribution capacity *Application Fee *Online application *Extensive distribution documentation *Extensive environmental impact documentation *Power‐source‐specific documentation Continuous intake Dependent upon connection capacity assessment by Ontario Power Authority
Ontario Research and Development Expenditure Deduction Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The Ontario Research and Development Expenditure Deduction allows corporations to exclude from Ontario taxable income the portion of the federal investment tax credit that relates to qualifying Ontario Scientific Research and Experimental Development (SR&ED) expenditures through Ontario pool calculation on CT23 Schedule 161. http://www.rev.gov.on.ca/english/credit/orded/index.html Tax Deduction Ministry of Revenue •Any Ontario Make the income from the Federal SR&ED tax credit deductible from Ontario corporate income tax obligations *Must be making a SR&ED claim. Not Applicable Not Applicable To claim, complete CT23 Schedule 161, and enter the amount on Line 679 of the tax return.
Ontario Research Employee Stock Option Credit Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
If you do research for an eligible research and development company, the credit can reduce or eliminate your Ontario personal income tax on up to $100,000 of taxable income each year. http://www.rev.gov.on.ca/english/credit/oreso/index.html Ontario Ministry of Revenue •Any Salary, Support, Job, self‐employed, pay, benefit, student, graduate, co‐op, placement, research, income Ontario The Ontario Research Employee Stock Option (ORESO) credit is an incentive to help Ontario high technology companies find and keep highly skilled research employees. The credit applies when: * the company agrees to sell or issue its shares to you as an eligible employee in a stock option agreement * the company's offer was made after December 21, 2000 and before May 18, 2004 * you bought that company's stock in accordance with the stock option agreement, and * you reported the stock option benefit in your personal income tax return by 2009. Ontario researcher personal income tax Not Applicable The ministry calculates the refund based on information from: * your application * your employer * your personal income tax return (i.e., Form ON428 ‐ Ontario Tax, filed as part of your T1‐General return), and * your Notice of Assessment or Notice of Reassessment from the Canada Revenue Agency (CRA) 1. Complete the ORESO Credit ‐ Application for Refund 2. Attach copies of these four documents: 1. the ORESO Credit ‐ Certificate of Eligible Stock Option Agreements ‐ Individual 2. the ORESO Credit ‐ Notice of Benefit ‐ Individual provided by your employer 3. Form ON428 ‐ Ontario Tax, that you submitted to CRA when you filed your income tax return 4. your Notice of Assessment and any Notice of Reassessment for the applicable tax year from the (CRA) 3. Mail all documents to the Ontario Ministry of Revenue, Client Accounts and Services Branch, PO Box 624, Oshawa ON L1H 8H8.
Ontario Retail Tax Exemption on R&D and Manufacturing Equipment Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Retail Sales Tax (RST) exemptions for production machinery and equipment bought by, or for the use of, qualified manufacturers. http://www.rev.gov.on.ca/english/guides/rst/400.html Tax Exemption Canada Revenue Agency •Any Capital, machinery, retail sales tax Ontario Retail Sales Tax (RST) exemptions for production machinery and equipment bought by, or for the use of, qualified manufacturers. Ontario manufacturers (a manufacturer is a person who manufactures, fabricates, produces or assembles goods for sale where the fair value of the goods sold to others is more than $5,000 in the fiscal year or, the fair value of goods manufactured for own use is more than $50,000 in the fiscal year.) The following items may be bought without paying RST: * machinery and apparatus used primarily and directly in the: 1. manufacture or production of goods 2. *development of manufacturing/production processes 3. *development of goods for manufacture RST is not payable on machinery purchases or repairs made to production machinery and equipment that may be purchased by the manufacturer exempt from RST. Not Applicable To claim a refund, you need to complete the General Application for Refund of Retail Sales Tax form. Make sure you have clear photocopies of your receipts. You will need to include them with your application.
Ontario Self‐Employment Benefit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
The Ontario Self‐Employment Benefit provides unemployed people who are or have recently been eligible for Employment Insurance with income and entrepreneurial support while they develop and start their business. http://www.servicecanada.gc.ca/eng/epb/sid/cia/grants/self‐emp/desc_self‐emp.shtml Income support Ontario Ministry of Colleges, Training and Universities Any Salary, Support, Job, self‐employed, pay, benefit Ontario Approximately $400/week for 10 months Ongoing intake Self‐Employment assists unemployed eligible individuals create jobs for themselves by starting a business. Job seekers who are unemployed can apply to participate if they meet one of the following conditions: * They established a claim for Employment Insurance benefits or their Employment Insurance benefit period ended within the past three years. * They established a claim for Employment Insurance maternity or paternity benefits and were paid benefits within the past five years, and are re‐entering the labour force after having left it to care for newborn or newly adopted children. *Wage support * The maximum duration of an agreement with a participant is 52 weeks. *Strength of action plan/ongoing self‐employment potential * Complete the application form Self‐Employment Employment Benefit Participant Application (EMP5260) and submit it to the nearest Service Canada Centre. * As part of the application process, it is necessary for you to receive an employment assessment and develop a Return to Work Action Plan with a case manager. The case manager's decision is required before Service Canada can assess your application. Please contact your Service Canada Centre for information on where you can receive this service. *Individuals must then bring their completed action plans and applications to their nearest Service Canada Centre for assessment and decision making. Ongoing intake
Ottawa Community Loan Fund Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The Ottawa Community Loan Fund provides short‐term loans of up to $15,000 to small business owners, aspiring entrepreneurs, talented individuals with international training and community groups. http://www.oclf.org Loan OCLF is a not‐for‐profit supported by various finance and community development organizations •Any Ottawa, start‐up Ottawa Up to $15,000 Continuous intake By focusing on the micro‐credit needs of our community, OCLF contributes to the wider prosperity of the Ottawa area. * You are 18 years or older and not attending school on a full‐time basis. * You live in the City of Ottawa and have permanent legal status in Canada. * You have sole ownership in the company or partners that are willing to co‐sign for the business loan. * You can demonstrate to the satisfaction of OCLF that you can fully repay the loan. * If applicable, you have been discharged from bankruptcy. * You can submit a complete business plan including start‐up or expansion costs, and a cash flow forecast. * You have participated in a business training program associated with OCLF or, you are presently operating a business and can supply the required documentation or; * you have experience in a similar business. Your business must: * Be located in the City of Ottawa and operates a minimum of 10 hours per week. * Not be a network marketing business. * Be, or will be, a legally registered sole proprietorship, partnership, corporation or co‐operative. * Use the funds to start or expand business operations. * Not be applying the funds to consolidate debt. OCLF loan proceeds may be used to start or expand a business and can be used for a number of purposes including: * Working capital * Seed capital to start a business * Purchasing fixed assets OCLF loans start at $1,000 and go up to a maximum $15,000 with interest rates that range from 3‐ 7% above the current prime rate. Loan repayment terms range from 12 to 48 months. Assessment of OCLF loan applications is based on the viability of the business, the commitment and character of the applicant, and the capacity for repayment. *Complete an application form and submit an application fee
Continuous intake up to 4 weeks
Precarn Incorporated Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Description: Supports R & D in intelligent information and communications technology (iICT) leading to commercialization through a collaborative model. http://www.precarn.ca/home/ No information. No information. •New programs to be announced. No information. No information. No information. No information. No information. No information. No information. No information. No information. No information. No information.
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SDTC NextGen Biofuels Fund Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines
Provides large, zero‐interest loans to commercialize renewable fuel production facilities. http://www.sdtc.ca/en/funding/NextGen_Biofuels_Fund/index.htm Loan Sustainable Development Technology Canada •Biofuel Biofuel, biodesiel, agrifuel, biomass, feedstock, power, energy, generation, ethanol Canada Up to $200 million Continuous intake The $500M NextGen Biofuels Fund™ is aimed at supporting the establishment of first‐of‐kind commercial scale demonstration facilities for the production of next‐generation renewable fuels and co‐products. The fund will help Canada sustainably meet its Renewable Fuels Standards. The purpose of the fund is to encourage retention and growth of technology expertise and innovation capacity for cellulosic ethanol and biodiesel production in Canada. To be eligible to apply to the NextGen Biofuels Fund™, an Eligible Recipient must be a: 1. for‐profit corporation; 2. partnership; 3. limited partnership; or 4. business trust with legal capacity in Canada and that has access to expertise in Next‐generation Renewable Fuels Production Pathways. To be eligible, a project must: 1. be a First‐of‐Kind facility that primarily produces a Next‐generation Renewable Fuel at Large Demonstration‐scale; 2. be located in Canada; 3. use Feedstocks that are or could be representative of Canadian Biomass; and 4. have demonstrated their technology at the pre‐commercial pilot scale. 1. costs for initial project definition and assessment (e.g. to confirm project parameters, investment level requirements, market and environmental impacts); 2. contract costs for design, engineering, procurement and construction services; 3. costs associated with environmental assessments; 4. costs for production systems and equipment, including monitoring and tracking systems; 5. salary costs for design, engineering, procurement and construction; 6. salary and contract costs for implementing and commissioning; 7. project management and related administrative costs; and, 8. costs related to project reporting. *An SDTC funding contribution limit of 40% of the Eligible Project Costs incurred over the course of the Project Period for any given Eligible Project, or $200 million per Eligible Project, whichever is less. *Repayment terms based on a negotiated percentage of free cash flow over a period of 10 years after project completion Pre‐Commercial Pilot Technology and Process Stage of Development Business Parameters Engineering and Construction Financial Regulatory permitting and approvals Sustainable Development Results Application documentation *Extensive Application For Funding Document *Application analysis *Extensive due diligence Continuous intake
Processing Time Notes
SDTC SD Tech Fund Summary Abbreviation Website Funding Type Source Market
Keywords
Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Provides large non‐repayable grants to clean tech ventures. http://www.sdtc.ca/en/funding/SD_Tech_Fund/index.htm Grant Sustainable Development Technology Canada * Energy Exploration, Production, Transmission and Distribution * Power Generation * Transportation * Agriculture, Forestry and Mining * Waste Management * Energy Exploration, Production, Transmission and Distribution * Power Generation * Transportation * Agriculture, Forestry and Mining * Waste Management Canada Up to 50% of eligible project costs. SDTC holds two rounds of funding each year. Check online for their next call for Statements of Interest The SD Tech Fund is aimed at supporting the late‐stage development and pre‐commercial demonstration of clean technology solutions: products and processes that contribute to clean air, clean water and clean land, that address climate change and improve the productivity and the global competitiveness of the Canadian industry. SDTC does not require any repayments of the financial contributions it provides to funded projects through the SD Tech Fund.. A for‐profit corporation, a partnership, a limited partnership or a business trust that has entered into a contract relating to the execution of the applicant’s project with one or more of the following legal entities: • another corporation; • a partnership, a limited partnership or a business trust that has expertise in sustainable development technology; • a university, college or other provincially accredited post‐secondary educational institution; • a research institute; • an individual who has expertise in sustainable development technology; • a not‐for‐profit corporation, with one of its purposes being to undertake, fund or otherwise support the development or demonstration of sustainable Development technology. (a) all goods and services and professional and technical personnel costs required to plan and conduct the scientific, technical, environmental, management and/or reporting activities directly related to the project (labor rates include T4 rates plus benefits but do not include a percentage of direct labor as overhead); (b) The cost of capital items that have no residual value beyond the period of funding of the Eligible Project and are specifically required for the delivery of the project, including but not limited to the lease of land or license to use land, data collection equipment, prototypes, pilot plants or Demonstration plants including facilities that are themselves necessary for the project ; and (c) The depreciation expense for the period of funding, of capital items that have an enduring commercial value accrued to an individual organization beyond the funding period, as determined by GAAP; and (d) Feasibility studies pertaining to the Eligible Project *The Foundation may fund, on average across its portfolio of funded projects, up to 33 percent of Eligible Project Costs and never more than 50 percent of eligible project costs for any given project. * the proposed project is technically sound and undertaken by an applicant with the necessary technical, financial and management capacity; * the proposed project will be undertaken in a collaborative and innovative manner;
Application Documentation and Process Application Deadlines Processing Time Notes
* the new technology and related intellectual property will be diffused in a timely manner in the relevant market sectors; and * the funding is necessary to ensure that the project proceeds in a manner to ensure broad benefits to Canadians nationally or regionally. *Comprehensive Statement of Interest *Extensive online application process *Extensive proposal once admitted to Phase II *Extensive due diligence SDTC holds two rounds of funding each year. Check online for their next call for Statements of Interest
Small Business Internship Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
Small and medium‐sized businesses (SMEs) submit an application to the organization delivering the program in their area. If their application is approved, they can hire a student intern to help them take advantage of information and communications technologies (ICT) to help grow their business. http://www.ic.gc.ca/eic/site/sbip‐pspe.nsf/eng/home Grant Industry Canada •Any Staff, intern, employee, student, summer student, temporary Canada Up to $10,000 Continuous intake *ICT student employment experience and ICT support for SMEs. * be a small or medium‐sized enterprise with less than 500 employees; * be incorporated; * wish to enhance your e‐business capability. Eligible costs that can be claimed by participating SMEs are the student interns’ wages and related expenses such as statutory employee benefits. The SME negotiates the salary of the intern, and the benefits they may receive. Once the 12‐week internship is over, the Government of Canada will reimburse 75 percent of their eligible costs, up to a total of $10,000. * Will the internship meet SBIP's objectives? * Will it give a student intern meaningful work experience? * Will it give the student intern 12 weeks of work? * Will the employer provide a minimum of 25 percent of intern wages and related eligible costs? * Will the internship run between May 1, 2009 and March 31, 2010? Your firm will develop and submit a project proposal to your local delivery organization.
Continuous intake
SSMARt Awards Innovation Project of the Year Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
This award acknowledges an organization whose IT/science project demonstrates leadership and/or creative use of science/technology. An ideal project would include benefits such as the advancement of the organization, improvement of client/customer services and positive impact on the science and IT community or the community at large. This award is designed for organizations that are not necessarily IT/science companies but are using technology/science as an enabler to better serve operation and/or clients. http://www.ssmic.com/index.cfm?fuseaction=content&PageID=1275&PageCategory=307 Award Sault Ste. Marie Innovation Centre •Any Sault Ste. Marie $0 Mid‐May *To promote science and technology leadership in the region. 1. Must be an organization in the Algoma district 2. Project must have been completed in the last two years. Innovation 3. Innovation must be a key component of this project. Please describe what innovative project was undertaken. 4. What was the size and scope of the project? 5. How does the project demonstrate superior project management skills? Community Involvement 6. Where local businesses, science and/or technology firms involved in the project? Vision 7. How did the project contribute to the organization’s vision/objectives? Success 8. The project must have demonstrated tangible success/return to the organization. Supporting Documentation 9. Please provide any supporting documentation (annual report, promotional material, website, online portfolio etc.) Not Applicable Not Applicable *Innovaiton *Community involvement *Vision *Success Nomination Form
Mid‐May
SSMARt Innovation Best Website Award Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
This award acknowledges the people and/or organizations within the Algoma District responsible for developing the most effective website. This award is open to both organizations and Web design companies. http://www.ssmic.com/index.cfm?fuseaction=content&PageID=1275&PageCategory=304 Award Sault Ste. Marie Innovation Centre •Website design Website Sault Ste. Marie $0 Mid‐May *To support the development of effective online presences. 1. The website must have been designed between January 2008 and April 2009 by a company located in the Algoma Region. 2. The website must currently be published online. 3. Please provide the URL and any supporting documentation. Not Applicable Not Applicable * Design * Innovation * Content * Technology * Interactivity * Copywriting * Ease of Use * Functionality Nomination Form
Mid‐May
SSMARt Innovation Innovation Company of the Year Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
This award acknowledges a company’s leadership through the innovation of its science and/or technology products, services or research, the sustained growth of its assets and its dedication to community involvement. Science and/or technology should be the primary focus of this emerging or expanding company. http://www.ssmic.com/index.cfm?fuseaction=content&PageID=1275&PageCategory=305 Award Sault Ste. Marie Innovation Centre •Any Sault Ste. Marie $0 Mid‐May *To promote science and technology leadership in the region. 1. Company is more than 2 years old Technical and Product Excellence 2. Describe the company’s products and/or services and how these demonstrate innovation within the science and/or technology sector. 3. What are the key differentiators of the company’s products or services 4. Summary analysis of per cent growth: a) Revenue (%) b) Gross Profit (%) c) Net Income (%) d) Jobs/Employees (#) Market Position 5. What is the company’s position in the market segment in which it operates and how has it attained this position? 6. Who are the company’s key competitors and how had the company gained market share from these competitors. 7. What are the company’s key strategic advantages and how have they been developed/exploited? Impact 8. Describe the impact the company has made on the the science and/or technology community, their customers and employees, and the community where they are located Not Applicable Not Applicable *Technical and product excellence *Market position *Company performance *Impact Nomination Form
Mid‐May
SSMARt Innovation Awards Youth of the Year Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
This award acknowledges an individual up to grade 12, who has made a substantial contribution to the science/technology sector through education, volunteering or sheer passion for the industry. Contributions may be through outstanding academic achievement; leadership in the area of science/technology, community involvement, leadership, entrepreneurship and volunteerism. http://www.ssmic.com/index.cfm?fuseaction=content&PageID=1275&PageCategory=311 Award Sault Ste. Marie Innovation Centre •Any Sault Ste. Marie $0 Mid‐May *To promote science and technology leadership in the region. 1. Must be a current student up to Grade 12 in the Algoma District Outstanding Academic Achievement 2. Most recent GPA Passion 3. In what way does the nominee display a passion for science and/or technology? Community Involvement 4. Is the youth employed part time in the science and/or IT field? If so, where? Volunteering 5. Is the nominee involved in any volunteer activities? (not required to be related to science and/or technology) Recognition of Excellence 6. Has the nominee received awards/scholarships/patents/licenses etc? Supporting Documentation 7. Please provide any supporting documentation (annual report, promotional material, website, online portfolio etc.) Not Applicable Not Applicable *Passion *Community involvement *Volunteering *Recognition of excellence
Mid‐May
SSMARt Innovation Leader of the Year Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
This award acknowledges an IT and/or science leader/manager/executive whose leadership and/or creative use of science and/or technology has helped to advance their organization, to improve client/customer services and have a positive impact on the IT and/or science community. http://www.ssmic.com/index.cfm?fuseaction=content&PageID=1275&PageCategory=306 Award Sault Ste. Marie Innovation Centre •Any Sault Ste. Marie $0 Mid‐May *To promote science and technology leadership in the region. 1. Must hold an executive position within the organization in the Algoma Region. Innovation 2. What innovative product/technology/service/training has the nominee introduced to their organization? Vision 3. How has the nominee contributed to the organization’s vision? Strategy 4. What are the organization’s key strategic advantages? 5. How has the nominee displayed superb execution of the organization’s business strategies? Community Involvement 6. How have the nominee contributed to the community? 7. How has the nominee contributed to the community’s perception of their organization? Supporting Documentation 8. Please provide any supporting documentation (annual report, promotional material, website, online portfolio etc.) Not Applicable Not Applicable *Innovation *Vision *Community involvement Nomination Form
Mid‐May
Strategic Aerospace and Defense Initiative ‐ Industry Canada Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
Description: Firms, organizations or institutions may apply for investments assistance repayable over the long term in conducting R & D in eligible aerospace and defense technologies. SADI http://ito.ic.gc.ca/eic/site/ito‐oti.nsf/eng/h_00022.html Loan Industry Canada, Industrial Technologies Office •Technolgies applicable to national defense and aerospace Defense Canada Contributions to SADI projects will equal approximately 30 percent of a project's total eligible costs. Applications can be submitted throughout the year. Complete proposals are considered in the order in which they are received. 1. to encourage strategic research and development (R&D) that will result in innovation and excellence in new products and services; 2. to enhance the competitiveness of Canadian A&D companies; 3. to foster collaboration between research institutes, universities, colleges and the private sector. * All Canadian companies in aerospace and defense (A&D) industries that wish to conduct strategic research and development (R&D) activities, creating opportunities for Canadians to contribute to a highly skilled and knowledge‐based work force, are eligible to apply for repayable contributions under the Strategic Aerospace and Defense Initiative (SADI). * SADI is open to A&D companies of all sizes‐including small and medium‐sized enterprises‐and from all regions of Canada. * Eligible recipients are corporations incorporated under Canadian law. * These are costs incurred by the recipient that are required to carry out the project. * Costs may include labour, material, overhead, specialized equipment and other costs related to the project. * SADI's repayable contributions may also cover eligible project costs incurred prior to the signing of contribution agreements with recipients. In such cases, these costs will not have been incurred prior to the date when the Industrial Technologies Office (ITO) received the project proposal, and they will not exceed a specific percentage of total project costs. * SADI shall not reimburse eligible costs incurred by the recipient should the proposal be rejected. Contributions to SADI projects will equal approximately 30 percent of a project's total eligible costs. *Company's ability to achieve stated objectives. *Technology benefits. *Social and economic benefits. * Proposal Submission * Eligibility Review * Assessment Review * Due Diligence Review * Decision by the Deputy Minister, the Minister, Treasury Board and/or Cabinet Applications can be submitted throughout the year. Complete proposals are considered in the order in which they are received.
Summer Company Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
If your application is accepted, you will be eligible to receive up to $1,500 to put toward start‐up costs and up to $1,500 upon successful completion of the program. http://www.sbe.gov.on.ca/ontcan/sbe/en/youth_summerco_en.jsp Grant Ministry of Small Business and Entrepreneurship •Any Summer, intern, job, start‐up, young Ontario $3,000 Early spring an exciting opportunity for enterprising students, 15 to 29 years old, to start and run their own summer businesses. *Between the ages of 15 ‐ 29 by *A student returning to school in the fall of 2009? Yes No *A Canadian Citizen or a Landed immigrant living in Ontario? *Proposing a new business idea? *Operate in Ontario? *Not working elsewhere for more than 12 hours per week. *Commercial viability *Business plan according to online template *Interview Early spring
Technology Demonstration Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The TDP sponsors approximately 40 defense research and development projects with an average funding value of $6 million. Typically, six new projects are selected from a pool of proposals each year. http://www.drdc‐rddc.gc.ca/sciences/tdp‐pdt‐eng.asp Grant Defense Research and Development Canada •No information available. No information. No information. No information. No information. The main objective of the Technology Demonstration Program (TDP) is to impact future defense capabilities by demonstrating the military utility of emerging concepts and technologies. No information. No information. No information. No information. No information. No information.
No information. No information. No information.
Technology Development Fund Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Description: Financial assistance to support pre‐commercial technologies or applications that have the potential to improve electricity supply, conservation or demand management. Grant Ontario Power Authority * Advanced refrigeration and cooling * Advanced integrated building controls * Advanced lighting * "Smart" technologies * Enabling technologies for renewable and distributed generation Energy, power, electricity, refrigeration, cooling, building, controls, lighting, smart, technology, enabling, renewable, generation Ontario Up to $250,000 3 intakes annually with variable dates The Ontario Power Authority contributes to the development of a reliable and sustainable electricity system by funding innovative energy efficient technologies. •Projects must propose to study, develop, demonstrate and/or verify the perform‐ anceof an emerging, pre‐commercial energy technology or application. •Projects must be consistent with the Fund objective to support pre‐commer‐ cial technology applications that have the potential to improve electricity supply, conservation or demand management. •Projects must be led by applicants who demonstrate the financial and organizational capacity to undertake the project. •Projects must be led by registered partnerships or corporations and not by individuals. •Planning, feasibility studies and field tests, including costs for qualified pro‐ fessional and technical consultants who are directly involved in the project •Costs of purchasing office supplies that are required to complete the project activities •Funding for participation in conferences, workshops and other proceedings where the event is deemed to be important to the execution of the project activity •Travel costs necessary to complete the project activity •Costs to consult with and educate a community or sector about the pro‐ posed project activity, including surveys, website development and other com‐ munication tools directly related to execution of the project activity •Costs of pilot installations: construction or renovation/retrofit of facilities and structures and leases essential for completion of the project activity but that are limited to the life of the project activity •Costs to develop a business case for commercialization. * The maximum contribution by the OPA for any one project is $250,000. * Projects may be funded over a maximum of 36 consecutive months. * The OPA will only provide as much funding to a project as the next highest funder. * In‐kind contributions may be considered as part of the funding composition of a project if they are reasonable and verifiable. •consistency with and supportiveness of the OPA mandate and mission, and potential for positive impact on Ontario’s electricity system and elec‐ tricity consumers •amount of leverage funding from the applicant or other sources (recommend‐ edminimum 50 percent of the cost of the project, cash or in‐kind) •strength and practicality of the proposed methodology to measure results and report on the work •strength of feasibility analysis and the extent to which meaningful measurable results are clearly outlined
Application Documentation and Process Application Deadlines Processing Time Notes
•relevance of the mandate of the applicant to the proposed project •strength of the project team in the area of inquiry, research or demonstration •strength of working partnerships with relevant organizations or partners •financial viability of the applicant, including a demonstrated ability to manage and sustain growth that may result from the grant. *Complete a comprehensive expression of interest according to a template.
3 intakes annually with variable dates
Toronto Atmospheric Fund Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
TAF uses its Loans Program to make approximately $8 million of its endowment fund available to finance mandate‐related initiatives. TAF http://www.toronto.ca/taf/ Loan City of Toronto •Green energy •Renewable energy Green energy, renewable energy, wind, solar, geothermal Greater Toronto Area Up to $500,000 Numerous application deadlines throughout the year. Best to check online. * support and encourage local reductions of air pollutants and greenhouse gas emissions; * stimulate best practices in energy conservation and efficiency; * contribute to public understanding of global climate change and its implications for the urban environment; * support or initiate research and technology development that will contribute to effective local emissions reduction strategies; and * develop partnerships with non‐governmental organizations, other levels of government, businesses and academic institutions Aligned with program areas/capabilities * Linked to one of TAF’s 4 program areas *Requires funding (i.e., not pure advocacy) *Potential synergy with City initiatives/priorities Has the potential to catalyze transformation *Demonstrates a concept/creates a market *Aligns a complex group of stakeholders Varies by project Varies by project. * relevance to TAF's mandate and funding priorities * quantifiable energy savings or revenue stream * measurable risk * quantified equivalent carbon emissions reduced * quantified smog precursor emissions reduced * potential to attract other financing or investment * satisfactory covenant or security arrangement Signature of a memorandum of understanding between TAF and the applicant.
Numerous application deadlines throughout the year. Best to check online.
Index
Introduction.................................................................................................................5 Purpose................................................................................................................................ 5 Caveat .................................................................................................................................. 5 Tips for Funding Success ....................................................................................................... 5 Program Details ...........................................................................................................8 Achieving Innovation & Manufacturing Excellence ‐ Yves Landry Foundation ....................... 8 Advanced Manufacturing Investment Strategy ..................................................................... 9 Agri‐Opportunities Program ............................................................................................... 11 Agricultural Biofuels Capital Investment Program (ecoABC)................................................ 13 Apprenticeship Job Creation Tax Credit .............................................................................. 15 Apprenticeship Training Tax Credit ..................................................................................... 16 Aquaculture Collaborative Research and Development ...................................................... 17 Program ............................................................................................................................. 17 Atherton Entrepreneurship Award ..................................................................................... 19 BDC Term Loans................................................................................................................. 20 BDC Working Capital for Growth ....................................................................................... 21 BDC Young Entrepreneur Financing Program ..................................................................... 22 BDC Financing for Innovation ............................................................................................. 23 BDC Financing for Starting a Business ................................................................................. 24 BDC Young Entrepreneur Award......................................................................................... 25 Canada New Media Fund ‐ Product Assistance ................................................................... 26 Canada Small Business Financing Program.......................................................................... 28 Canada Youth Business Foundation & BDC Start‐Up Financing Program ............................. 29 Canada Youth Business Foundation Start‐Up Loan.............................................................. 30 Canada Youth Business Foundation Succession Financing Program..................................... 31 CANARIE ‐ Green IT Pilot Program ...................................................................................... 32 CANARIE ‐ R&D Programs ................................................................................................... 33 CANMET Energy Technology Centre (CETC)......................................................................... 34 CANtex ‐ Canadian Textiles Program ‐ Productivity Component.......................................... 35 CANtex ‐ Canadian Textiles Program ‐ Transformative Component..................................... 36 Chemical, Biological, Radiological‐Nuclear, and Explosives (CBRNE) Research and Technology Initiative (CRTI)................................................................................................................... 37 CIDA Mass Media Initiative ................................................................................................ 39 CIHR Innovation and Industry Programs ‐ Operating Grant: Small and Medium Enterprise . 41 CIHR Proof of Principle Phase II .......................................................................................... 43 Community Futures Program.............................................................................................. 45 Community Ventures Capital Fund ..................................................................................... 46 Defense Industrial Research Program ................................................................................. 47 DND/NSERC Research Partnership Program ....................................................................... 48 Eastern Ontario Development Fund.................................................................................... 49 ecoAgriculture Biofuels Capital Initiative ............................................................................ 50 ecoENERGY for Renewable Power ...................................................................................... 52 EDC Buyer Financing........................................................................................................... 53 EDC Equity Direct Investment ............................................................................................. 54
EDC Equity Indirect Investment .......................................................................................... 55 EDC EXPORT Express Credit ................................................................................................ 56 EDC Export Guarantee Program.......................................................................................... 57 EDC Project Finance............................................................................................................ 58 EDC Supplier Financing ....................................................................................................... 59 Enterprises North Job Creation Program............................................................................. 60 Export Market Access ......................................................................................................... 61 External Research Program................................................................................................. 62 FCM Green Municipal Fund for Brownfield Remediation .................................................... 63 FCM Green Municipal Fund for Sustainable Transportation Projects................................... 65 FCM Green Municipal Fund for Waste Diversion Projects ................................................... 67 FCM Green Municipal Fund for Wastewater Projects.......................................................... 69 FedNor Innovation Fund..................................................................................................... 71 Fednor Research and Development Fund ........................................................................... 72 First Capital Business Loan Fund ......................................................................................... 73 Going Global Science and Technology Fund ........................................................................ 74 HTX Business Investment Program ..................................................................................... 75 HTX Convergent Medical Technologies Program ................................................................. 76 Industrial Cooperation Program ......................................................................................... 77 MaRS Business Project Funding .......................................................................................... 78 Moving on Sustainable Transportation ............................................................................... 79 MRI Emerging Technologies Fund ....................................................................................... 81 MRI Innovation Demonstration Fund ................................................................................. 82 MRI Next Generation of Jobs Fund ‐ Biopharmaceutical Investment Program..................... 84 MRI Ontario Commercialization Investment Funds (OCIF) .................................................. 86 MRI Premier Catalyst Award for Best Young Innovator....................................................... 87 MRI Premier Catalyst Award for Innovator of the Year ....................................................... 88 MRI Premier Catalyst Award for The Company with the Best Innovation............................ 89 MRI Premier Catalyst Award for The Start‐Up Company with the Best Innovation.............. 90 New Directions Research Program...................................................................................... 91 Northern Ontario Heritage Fund Emerging Technology Program ........................................ 92 Northern Ontario Young Entrepreneur Program ................................................................. 94 NRC‐IRAP Internship Program with Innovative Small and Medium‐sized Enterprises (Youth Employment Strategy)........................................................................................................ 95 NRC‐IRAP Large Project ...................................................................................................... 96 NRC‐IRAP Medium Project.................................................................................................. 97 NRC‐IRAP Small Project Accelerated Review Process .......................................................... 98 NSERC Collaborative Research and Development Grants .................................................... 99 OCE CCR Embedded Executive Program ............................................................................ 100 OCE Champions of Innovation .......................................................................................... 101 OCE Collaborative Research.............................................................................................. 102 OCE First Job .................................................................................................................... 103 OCE Interact ..................................................................................................................... 104 OCE Investment Accelerator Fund .................................................................................... 105 OCE Market Readiness ..................................................................................................... 106 OCE Martin Walmsley Fellowship ..................................................................................... 107 OGI Pre commercialization Business Development Fund .................................................. 108 OGI Technology Seeding Fund .......................................................................................... 109 OMDC Entertainment and Creative Cluster Partnerships Fund.......................................... 110
OMDC Export Fund ‐ Interactive Digital Media ................................................................. 112 OMDC Interactive Digital Media Fund .............................................................................. 114 OMDC Ontario Interactive Digital Media Tax Credit.......................................................... 116 OMDC Ontario Sound Recording Tax Credit (OSRTC)......................................................... 118 Ontario Apprenticeship Training Tax Credit ...................................................................... 120 Ontario BioAuto Council ................................................................................................... 121 Ontario Business Research Institute Tax Credit................................................................. 123 Ontario Co‐Operative Education Tax Credit ...................................................................... 124 Ontario Computer Animation and Special Effects (OCASE) Tax Credit ............................... 125 Ontario Innovation Tax Credit .......................................................................................... 127 Ontario Job Creation Partnerships .................................................................................... 128 Ontario New Technology Tax Incentive ............................................................................ 129 Ontario Power Authority Feed In Tariff Program .............................................................. 130 Ontario Research and Development Expenditure Deduction ............................................ 131 Ontario Research Employee Stock Option Credit .............................................................. 132 Ontario Retail Tax Exemption on R&D and Manufacturing Equipment.............................. 133 Ontario Self‐Employment Benefit ..................................................................................... 134 Ottawa Community Loan Fund ......................................................................................... 135 Precarn Incorporated ....................................................................................................... 136 SDTC NextGen Biofuels Fund ............................................................................................ 137 SDTC SD Tech Fund ........................................................................................................... 139 Small Business Internship Program................................................................................... 141 SSMARt Awards Innovation Project of the Year ............................................................... 142 SSMARt Innovation Best Website Award ......................................................................... 143 SSMARt Innovation Innovation Company of the Year ...................................................... 144 SSMARt Innovation Awards Youth of the Year.................................................................. 145 SSMARt Innovation Leader of the Year ............................................................................. 146 Strategic Aerospace and Defense Initiative ‐ Industry Canada........................................... 147 Summer Company ............................................................................................................ 148 Technology Demonstration Program ................................................................................ 149 Technology Development Fund ........................................................................................ 150 Toronto Atmospheric Fund............................................................................................... 152
Introduction Purpose The following document is a compilation of federal and provincial funding sources, both private and public, which are suitable for Ontario companies. We attempt to cover all funding sources in all markets, and list most information relevant to your decision to apply to a program. Our goal is to help speed the process of searching for, and comparing different programs to find the one that is right for your project.
Caveat This is a living document that requires frequent updates, and may not include every funding source out there, although we’d like it to. If you come across a new source of funding, or a needed update for the document, send a quick email to [email protected] and we’ll make the necessary changes for future editions.
Tips for Funding Success As anyone who has ever applied for external funding (namely government funding) will tell you, it’s competitive. Even if your company meets all the eligibility requirements, your application may be rejected since most funding programs are discretionary. The following are a few useful pointers to keep in mind in order to increase your chances of success: •
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Typically, the following activities are not eligible for government funding: o Continuing operations. o Restructuring as a result of bankruptcy or insolvency. Funding applications will generally be rejected if the project: o Has no benefit beyond the organization; or o Appears to lack the financial/technical/managerial resources necessary to make the project a success. If possible, take a look at what funding is available before taking on a project. If you’re considering starting a business or launching a project that will require external funding, take a look through the available funding sources. This way, you can tailor your project to the requirements of the program from the outset, rather than trying to explain your way into the eligibility requirements later on. Your company must prove that it needs the money and that the funding will generate economic, human capital or knowledge‐based benefits for Canada (or Ontario, depending on the funding source). We can’t emphasize enough how important it is to make a solid case for your project. Demonstrating that the funds will allow you to generate revenue, create jobs, enhance the skill level of your employees, or increase an important base of knowledge is an absolute must in any funding application. Government funding is strategic. The government allocates funding to programs according to the nation or the province’s strategic goals. This is particularly true of funds directed toward scientific and technology‐based projects. Your project will
have a much higher likelihood of getting funded if you can successfully show how it furthers the underlying strategic objectives of the program. •
It takes a while. The period between when you submit a funding application to the time when the funds are disbursed can be anywhere from 2 to 12 months, depending on the complexity of the project and the amount of funding you are seeking. Be prepared to wait a while before the funds land in your account.
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Be aware of the fund’s targeted phase of company development. You should have a clear idea what company‐stage most programs are funding, whether it be true start‐up financing to found a company, money for a proof‐of‐concept project, funding to assist with the costs of commercialization, or support for the pursuit of international markets, each fund is generally interested in helping companies get past a particular developmental milestone.
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Be prepared by having the key tools for effective fundraising on hand. Most funding programs require you to submit some or all of the items listed below. Having up‐to‐date versions on hand will greatly reduce the burden of preparing funding applications. o
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Reviewed/audited financial statements: While these are only really called for in the case of established companies, it’s also important for start‐up companies to find a way of demonstrating that they have their financial house in order. Business plan: It’s great to keep a basic business plan on hand for funding applications, but a plan should never be submitted without being tailored to the criteria laid out by each program. Funding programs often have a business plan template that they’d prefer you use when submitting an application. If you follow the template to a T, it will make the work of those evaluating your application that much easier.
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Financial forecasts: In the case of a revenue‐generating project or a program that provides assistance in order help a company make progress toward commercialization, it is important to provide well‐reasoned financial forecasts. They may not be incredibly accurate, but they tell the program administrators that you have thought seriously about the development of your company and can create a reasonable revenue strategy.
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It’s a long process. Developing a knockout funding application takes a great deal of time and thought. If possible, put together a project plan that includes key deliverables for the application, then delegate as much as possible, or stick to a schedule that gives you enough time to perfect each element of the application without rushing.
Eligibility criteria do not equal assessment criteria. It is essential to make the distinction between eligibility criteria, and the things that define how your application will be assessed beyond meeting the eligibility criteria. If you are unsure about how applications for a particular program are being judged, call the program administrator and ask him or her to give you a rundown of the application
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assessment process, including all the decision factors being considered when making funding decision. When in doubt, call. If you’re reviewing the criteria for a funding program, and are uncertain about any detail, call the program administrators. These people are mostly there to help you put together the best application you can, so use their help to get clear understanding of the program’s requirements, including any insights that may not be posted online.
Program Details Achieving Innovation & Manufacturing Excellence ‐ Yves Landry Foundation Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
In partnership with the Ontario Government, the Yves Landry Foundation is making available up to $50,000 per company in the form of a grant to foster training that will lead to advancements in innovation within the manufacturing sector in Ontario. Specific funding will be provided for two major objectives: AIME http://www.yveslandryfoundation.com/article/48/aime_initiative.html Yves Landry Foundation • Manufacturing Manufacturing, education, training, innovation Ontario Up to $50,000 Numerous application deadlines throughout the year. Best to check online. Description: A cost shared program to fund training that will lead to advancements in innovation within the manufacturing sector in Ontario. This funding is open to all Ontario Manufacturing companies in all segments that meet the following criteria: * Between 15 ‐ 1500 Employees * In business in Ontario for at least 3 yrs or can demonstrate a solid financial footing * Manufacturing facility or facilities located in Ontario * Manufacture a specific product for sale in Ontario or elsewhere *Training that will support the adaptation of new technology, new processes or procedures or any change within the company to support innovation. * Training that will support and develop Highly Skilled Personnel in any area that leads to innovation. *Employee education in innovation *Preliminary application form *Financial spreadsheets *Detailed application Numerous application deadlines throughout the year. Best to check online.
Advanced Manufacturing Investment Strategy Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
The $500‐million AMIS program provides repayable loans, interest free for up to five years, to encourage companies to invest in leading‐edge technologies and processes. AMIS http://www.ontario‐canada.com/ontcan/en/progserv_amis_en.jsp Loan Ontario Ministry of Economic Development • Industrial R&D • Design, prototyping and engineering • New or advanced materials and products • Advanced manufacturing processes • Technology innovation • Robotics/ software development • Waste reduction or energy conservation Manufacturing, Advanced Manufacturing, Industrial, Industry, Ontario Up to 30% of total eligible project costs, to a maximum of $10 million per project. Continuous Intake To encourage companies to invest in leading‐edge technologies and processes. Projects must either create/retain 50 jobs or invest $10 million over 5 years. *Ontario‐based company. *Any manufacturing sector (certain sectors preferred; see notes). *Eligible costs categories include (overhead, construction/leasehold improvements, equipment and machinery, materials, labour, R&D, IP protection, other directly attributable costs. •research and development •equipment and machinery •materials •construction/leasehold improvements •labour (one time only) •training •overhead • Loan amount will be up to 30% of total eligible project costs, to a maximum of $10 million per project. • The loan is ‘front loaded’ entitling the approved Applicant to receive 50 cents for each dollar of eligible costs incurred and paid up to the total loan amount. • Interest rates will be set at the province's cost of borrowing plus 1%. • Applicants will be expected to make a Project Investment Commitment. • Five years of interest on the loan will be forgiven if the company meets agreed upon job and investment targets. The Job Target will include all jobs at the facility, including jobs that are not directly related to the project. • The ministry and the approved Applicant will enter into a loan agreement containing customary provisions found in commercial loan agreements and business requirements for good governance and risk mitigation. • Loans must be secured and the principal repaid, but the terms are negotiable. • Loan terms will not exceed 10 years. • The Applicant will provide semi‐annual project status reports on milestones and interim financial statements. • At the end of the project, the Applicant will provide an Auditor’s certificate to confirm the eligible project expenditures. *Leading Edge Technologies and Processes *Financial Capacity *Project Scope *Jobs Created/Retained • AMIS Loan Application (signed) • AMIS Application Charts: Milestones, Sources of Financing, Project Costs, Job Target, Security • Corporate Structure Chart that identifies the parent company affiliates, related companies and subsidiaries • Annual audited or accountant reviewed Financial Statements for the past five years • Most recent interim Financial Statements (internal) • Details of existing debt (lender payments, interest, security) • Five‐year detailed forecast of revenues and expenses for the company as a whole
Application Deadlines Processing Time Notes
• Organization Chart of key management • Information for Financial Due Diligence (page 15) • Copies of the appropriate supporting documentation confirming the establishment of the business (i.e. Articles of Incorporation, Amendments, etc.) Continuous Intake 45 calendar days
Agri‐Opportunities Program Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations
Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
The Agri‐Opportunities Program provides a maximum repayable contribution of $10 million per project and per recipient regardless of the number of projects, over the life of the program, ending in March 2011. http://www4.agr.gc.ca/AAFC‐AAC/display‐afficher.do?id=1195488674667&lang=eng Loan Agriculture and Agri‐Food Canada • Agriculture, • Food • Agri‐food • Farming • Biofuel • Agri‐business Agri‐food, agriculture, bioproduct, biofuel, farm, agri‐business Canada Up to $10 million per project Continuous Intake Funding is provided to projects that focus on new agri‐food, agriculture or bioproducts, that can be expected to increase market opportunities for the Canadian agricultural industry across the value chain and generate demand for primary agricultural products. * At least 30% of the necessary funding to commercialize has been or will be secured from private sources. * The potential is there to repay the contribution (applies only to for‐profit entities). * Proof of the technical viability of the new products, services or processes is provided. * Intellectual propriety rights have been established, if applicable. * Thorough business and marketing plans have been developed. * Market research to support sales projections has been presented. * The experience and expertise of the management team has been demonstrated. * Finalizing commercial development of a new product or process or a new service; * Introducing a new product to the market, and validating the market potential or assessing customer satisfaction for the product or service; * Introducing new technology likely to lead to improved efficiency and competitiveness; * Establishing, expanding and modernizing agriculture or agri‐product facilities to commercialize new products or processes for new markets; and * Supporting marketing, human resource development, productivity improvement or quality improvement directly related to the commercialization of new agriculture, food and bioproduct opportunities. Agri‐Opportunities contribution funding is to be repaid within an eight‐year period from the completion date of the project. Repayments are to be made in equal installments over the life of the repayment period. The repayment period can begin immediately after completion of the project, or it can be deferred up to a maximum of three years from the project completion date (i.e. a grace period). * Technical viability of new products, services or processes; * Business viability of the project, including the marketing plan and project financing; * Track record and experience of management; * Potential to repay the contribution (applies only to for‐profit enterprises); * Level of private sector investments; * Increase in demand for primary agricultural products; * Increase in market opportunities for the Canadian agricultural industry across the value chain; * Other benefits for the Canadian agriculture and agri‐food sectors and for Canadians. Stage 1 Proposal Synopsis: * Project description and project funding requirements * Product, service or process and technology overview * Market analysis * Production and distribution of the product or service * Company management profile and financial summary * Benefits to the Canadian agricultural sector and to Canada Stage 2 Full Proposal Review * Description of the work * Description of major activities * Major milestones * Project locations
Application Deadlines Processing Time Notes
* Project schedule * Cost breakdown Continuous Intake Stage 1 submissions are ongoing, Stage 2 submissions are accepted quarterly
Agricultural Biofuels Capital Investment Program (ecoABC) Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
The ecoAgriculture Biofuels Capital Initiative (ecoABC) is a four year, $200 million federal program that provides repayable contributions of up to $25 million per project for the construction or expansion of transportation biofuel production facilities. Funding is provided for projects that use agricultural feedstocks to produce biofuels and that have new agricultural producer equity investments in the projects equal to, at minimum, five percent (5%) of the total eligible project costs. http://www4.agr.gc.ca/AAFC‐AAC/display‐afficher.do?id=1195569629682&lang=eng Loan Agriculture and Agri‐Food Canada • Biofuel • Biogas Biofuel, Bio Fuel, Fuel, Biogas, Energy, Agriculture Canada up to $25 million or twenty‐five percent (25%) of Eligible Project Costs Continuous Intake The ecoABC Initiative was created to provide an opportunity for agricultural producers, including co‐ operatives, to diversify their economic base and participate in the biofuel industry through equity investment/ownership in biofuel production facilities. The construction or expansion of transportation biofuel production facilities. *Must have an equity investment in the project from agricultural producers equal to or exceeding five percent (5%) of the eligible project costs. *Agricultural feedstocks must be used to commercially produce the transportation biofuels. *The minimum annual production capacity of the new facility, or the increase in capacity of an existing facility must be a minimum of 3 million liters per year for biodiesel facilities and 5 million liters per year for fuel ethanol facilities. *The facilities must be located in Canada * Contract costs and fees for design, engineering, procurement and construction services including intellectual property licenses; * Costs associated with environmental assessments for the project (subject to a limit of 10% of all eligible project costs claimed); * Costs for the production systems and equipment, including monitoring and tracking systems; * Salary costs or fee components for design, engineering, procurement and construction; and * Salary costs or fee components in contracts for implementing and commissioning the facility. *The total amount contributed to the recipient will be repayable under conditions of profit. *Repayment will begin on January 1, three years after the funded facility commences production at its nameplate capacity, and will continue for seven subsequent years or until repayment totals the amount of the contribution made to the recipient, whichever comes first. Basic Criteria: * Evidence that products (agri‐food, agriculture and bioproducts) are not commercially produced or available in Canada. * Readiness to commercialize, meaning a prototype has been developed, a market has been defined, a business plan has been written and intellectual property issues have been finalized. * Demonstration that the project will be conducted in Canada and will benefit the Canadian agricultural industry. Funding Criteria: * Evidence that 30 percent of the necessary funding to commercialize has already been put in place by the applicant. * Evidence that at least 33 percent of the funding has been or will be secured from the private sector. * Potential to repay the contribution (for‐profit entities). Business Criteria: * Thorough, articulate and feasible business and marketing plans have been developed. * Market intelligence to support sales projections has been collected / presented. * Evidence of Intellectual Proprietary and Freedom to Operate. * Proof of the technical viability of new products, processes or services. * Business viability of the project, including the marketing plan and project financing. * Proven track record and experience of management. 1. Letter of Interest 2. ecoABC Funding Proposal 3. Verification of Start of Construction
Application Deadlines Processing Time Notes
4. Commissioning of the Facility 5. Confirmation of Continued Agricultural producer Equity Investment 6. Repayment Continuous Intake Program responds to LOI in 30 days.
Apprenticeship Job Creation Tax Credit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The AJCTC is a non‐refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006. The maximum credit is $2,000 per year for each eligible apprentice. AJCTC http://www.cra‐arc.gc.ca/whtsnw/pprntcshp‐eng.html Tax Credit Canada Revenue Agency • Any Job, Apprentice, Intern, Staff, Student, Graduate, Employee, Employment Canada 10% of Eligible Salaries and Wages up to $2,000/year/apprentice Apprenticeship is a proven industry‐based learning system that combines on‐the‐job experience with technical training to produce a certified journeyperson. Any business that hires an "eligible apprentice". "Eligible salaries and wages" are those payable by the employer to an eligible apprentice for the apprentices' employment in Canada in the tax year and during the first 24 months of the apprenticeship. It does not include remuneration based on profits, bonuses, and taxable benefits including stock options, and certain unpaid remuneration. Non‐refundable tax credit. Employers will be able to claim the credit on their income tax returns, using either Form T2038(IND), Investment Tax Credit (Individuals) or Form T2SCH31, Investment Tax Credit ‐ Corporations. Forms can be ordered on‐line at www.cra.gc.ca/forms.
Apprenticeship Training Tax Credit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The 2004 Ontario Budget announced a new refundable tax credit for corporations and unincorporated businesses employing apprentices in certain skilled trades during the first 36 months of an apprenticeship program. This measure became law on December 16, 2004, when legislative amendments to the CTA and the ITA received Royal Assent. ATTC http://www.edu.gov.on.ca/eng/tcu/employers/taxcredit/calculator.asp Tax Credit Ministry of Training, Colleges and Universities, Ontario Ministry of Revenue • Any Job, Apprentice, Intern, Staff, Student, Graduate, Employee, Employment Ontario Up to $5,000 per apprentice per year To invest in apprentices to build careers, businesses and the Canadian economy. *Corporations with permanent establishments in Ontario subject to Ontario corporate income tax are eligible. *All proprietors filing Ontario personal income tax returns whose unincorporated business has a permanent establishment in Ontario are eligible. *A corporation or unincorporated business that pays a fee to an employment agency for the services of an apprentice is deemed to be the eligible employer and to employ the apprentice, not the employment agency. As well, the corporation or unincorporated business is deemed to be participating in the apprenticeship program with the apprentice, not the employment agency. *Members of a partnership may share the ATTC for each qualifying apprenticeship. Limited partners are not entitled to this credit; however, the general partners of a limited partnership are entitled to share the credit. *Eligible expenditures are salaries and wages, including taxable benefits (i.e., amounts reported on the apprentice's T4 slip) paid or payable to an apprentice in a qualifying skilled trade for services performed by the apprentice for *Eligible expenditures also include fees paid or payable to an employment agency by a corporation or unincorporated business for services performed by the apprentice in a qualifying apprenticeship after May 18, 2004 and before January 1, 2015. *All eligible expenditures must be for services provided by the apprentice to the eligible employer during the first 36 months of the apprenticeship program. All eligible expenditures must be attributable to an Ontario permanent establishment (place of business) and must be reasonable in the circumstances. Up to a maximum tax credit of $5,000 per qualifying apprentice per taxation year. Corporations may claim the tax credit on Schedule 114 of their CT‐23 or CT‐8 tax return. Eligible employers operating unincorporated businesses may claim the credit on Form ON479, Ontario Credits, included in their personal income tax return. Members of partnerships claim their share of the credit on their own corporate or personal tax returns.
Aquaculture Collaborative Research and Development Program Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount
Application Intake
Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
The Aquaculture Collaborative Research and Development Program (ACRDP) is a Department of Fisheries and Oceans (DFO) initiative to increase the level of collaborative research and development activity between the aquaculture industry and the department, and in some instances with other funding partners. ACRDP http://www.dfo‐mpo.gc.ca/science/enviro/aquaculture/acrdp‐pcrda/info‐eng.html Grant Fisheries and Oceans Canada • Fisheries • Aquaculture Fish, fisheries, aquaculture, marine Canada Overall Fund Size Either $1.2 million or $600,000 depending on the region. There will be two deadline dates for project proposal submission throughoutthe year: December 1, March 1. A subsequent round may be established in a particular region, if required. Notification will be provided at that time. * Improve the competitiveness of the Canadian aquaculture industry; * Increase collaboration between the department and industry on scientific research and development that will enhance aquaculture in Canada; * Facilitate and accelerate the process of technology transfer and research commercialization through closer collaboration with the Canadian aquaculture industry; and * Increase scientific capacity for essential aquaculture research and development in the aquaculture sector. Eligible industry applicants are aquaculture producers operating within Canada who are directly involved in producing an aquatic species for pre‐commercial or commercial purposes. Aquaculture production is defined as growing an aquatic species and further, that the aquaculture producer has ownership of the product or has an aquaculture license or lease to culture the product. Producers undertaking commercial or developmental production activities on existing or new aquaculture species or aquaculture companies or associations involved with sea ranching mariculture operations are eligible to apply. Industry producer associations or consortia of producers are also eligible to apply. Other aquaculture sector stakeholders are eligible to participate as a partner with an industry producer. * Wages and salaries plus associated required payroll benefits of project personnel (scientific and technical) or post‐doctoral or graduate student support; * Equipment directly related to the work; * Laboratory and field supplies; * Travel costs directly related to the goals of the project; * Other expenses agreed to be necessary to the success of the project. A formula will be negotiated for each project, taking into account in‐cash and in‐kind contributions of both parties to the agreement. Industry cash contributions to a project will be managed through a DFO Specified Purpose Account (SPA). The minimum industry contribution is 30% of the ACRDP amount requested, at least 7.5% of which must be a cash contribution. Technical Review * The project has scientific merit. * The project is original. * The problem and objectives are well defined. * There is a clear and sufficient description of the experimental methodology. * The scientific approach is valid. * The project team is qualified to conduct the work in a thorough and professional manner. Comprehensive Review * The project is consistent with the program objectives and regional industry R&D priorities.
Application Documentation and Process Application Deadlines
Processing Time Notes
* The project addresses a significant constraint to the Canadian aquaculture sector. * The project contributes significantly to the advancement or competitiveness of the industry partner or sector. * The project contributes to the skills and knowledge required to advance the industry partner. * The project has sufficient industry input to generate potential practical benefits. This can include input from other funding partners, which is desirable and encouraged. * The project facilitates technology transfer and (or) research commercialization through closer collaboration with the Canadian aquaculture industry. * The project is cost effective. * The overall project objective and methodology is described in a clear manner. Application form and project proposal.
There will be two deadline dates for project proposal submission throughoutthe year: December 1, March 1. A subsequent round may be established in a particular region, if required. Notification will be provided at that time. Regional ACRDP Committeeswill review and evaluate proposals in a timely manner and final notificationof the project assessment will be provided no later than 60 days afterthe deadline dates.
Atherton Entrepreneurship Award Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
Applicants may request up to $34,000, including funds for salary for one year, costs related to prototype development and demonstration of concept, and travel expenses. http://www.parteqinnovations.com/randi‐Atherton.htm#guidelines Award The prize is financed by proceeds donated by Prof. David Atherton and the Pressure Pipe Inspection Company (PPIC) of Mississauga, ON • Any Award, Student, Graduate, Technology Transfer, Start‐up, science, engineering, university Canada Up to $34,000 Continuous Intake, normally only 1 award/year The Atherton Entrepreneurship Award was established in 2005 as an incentive to assist Queen’s students, postdoctoral fellows, adjunct professors or research associates under the age of 35 who have been at Queen’s for more than 18 months in the potential formation of an entrepreneurial scientific or engineering business in Canada. Must be a Queen's student that will contribute 10k and mentor must contribute 10k (part may be in‐kind) *Salary stipend for the Champion of up to $2,000 per month for up to 1 year *Up to $10,000 for costs directly related to the development of a prototype or demonstration of the product/service. *Travel costs. *The Champion and the Mentor shall contribute a minimum of $10,000 each, part of which may be “in kind”, as approved by the Selection Committee, and must raise an additional minimum total of $10,000 from other sources for investment in the development of the venture. * Budgetary requests will normally be for a maximum of $34,000 and may include the following: salary stipend for the Champion of up to $2,000 per month for up to 1 year; and up to $10,000 for costs directly related to the development of a prototype or demonstration of the product/service; and for travel costs. *The funds will be awarded to the recipient by PARTEQ under terms established by PARTEQ. PARTEQ shall own a minimum of 3% of the shares of the new company. *Demonstrated entrepreneurial interest and or experience/training by both the Champion and the Mentor. *Merit 1. Some demonstrated entrepreneurial interest and or experience/training by both the Champion and the Mentor. 2. The draft business plan. 3. Description of the product/service. 4. Budget and budget justification. 5. Presentation of the proposal (preferentially in electronic form such as Power Point). 6. Resumes of the applicants. Continuous Intake, normally only 1 award/year
BDC Term Loans Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Small loans, sometimes requiring guarantees, with fixed or floating interest http://www.bdc.ca/en/business_solutions/financial_services/default.htm Loan Business Development Bank of Canada • Any Business loan, bank, Canada Negotiable Continuous Intake Fund the start‐up stage of business development. Essentially the same as eligibility for bank loan, but riskier companies who wouldn't be eligible for regular bank loans can apply for BDC funding, Any Negotiated on a case‐by‐case basis. Fixed or floating interest rates. *Common institutional lending criteria. Consultation and online application.
Continuous Intake
BDC Working Capital for Growth Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
http://www.bdc.ca/en/my_project/Projects/financing/fs_working_capital_general.htm?context={1 5CE5B27‐F4F5‐465C‐92B4‐62341C89E833} Loan Business Development Bank of Canada • Any Business loan, bank, Canada Negotiable Continuous Intake Fund the start‐up stage of business development. Essentially the same as eligibility for bank loan, but riskier companies who wouldn't be eligible for regular bank loans can apply for BDC funding, Inventory, R&D expenses, e‐commerce or exporting efforts, product development & marketing or implementing quality solutions. Negotiated on a case‐by‐case basis. Fixed or floating interest rates. *Common institutional lending criteria. Consultation and online application.
Continuous Intake
BDC Young Entrepreneur Financing Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Small loans, sometimes requiring guarantees, with fixed or floating interest http://www.bdc.ca/en/i_am/young_entrepreneur/default.htm?cookie_test=1 Loan Business Development Bank of Canada • Any Business loan, bank, Canada Negotiable Continuous Intake Fund the start‐up stage of business development. Essentially the same as eligibility for bank loan, but riskier companies who wouldn't be eligible for regular bank loans can apply for BDC funding, * Working capital: to supplement an existing line of credit * Acquiring fixed assets * Marketing and start‐up fees * Buying a franchise Negotiated on a case‐by‐case basis. Fixed or floating interest rates. *Common institutional lending criteria. Consultation and online application.
Continuous Intake
BDC Financing for Innovation Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
Are you looking to finance the commercialization of a new product or service? Are you thinking about R&D? Or simply seeking to improve a business process? BDC can help you finance innovation projects that enhance your reputation in the marketplace. http://www.bdc.ca/en/my_project/Projects/articles/starting_financing.htm Loan Business Development Bank of Canada • Any Business loan, bank, Canada Negotiable Continuous Intake Fund the start‐up stage of business development. Essentially the same as eligibility for bank loan, but riskier companies who wouldn't be eligible for regular bank loans can apply for BDC funding, * buy equipment or machinery that improves your operation and streamlines your layout * pay for market research on new products and services * cover employee training costs for innovative new projects * pay for external consulting advice such as an innovation diagnosis * cover the expansion into new markets Negotiated on a case‐by‐case basis. Fixed or floating interest rates. * Your operating line of credit from a financial institution * An experienced management team * Solid profits supported by recent financial statements prepared by an accredited accountant * Projected sales growth or increased profitability * Adequate level of equity in the business * Other relevant aspects of your business Consultation and online application.
Continuous Intake
BDC Financing for Starting a Business Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Small loans, sometimes requiring guarantees, with fixed or floating interest http://www.bdc.ca/en/my_project/Projects/financing/fs_start_business_general.htm Loan Business Development Bank of Canada • Any Business loan, bank, Canada Negotiable Continuous Intake Fund the start‐up stage of business development. Essentially the same as eligibility for bank loan, but riskier companies who wouldn't be eligible for regular bank loans can apply for BDC funding, * Working capital: to supplement an existing line of credit * Acquiring fixed assets * Marketing and start‐up fees * Buying a franchise Negotiated on a case‐by‐case basis. Fixed or floating interest rates. *Common institutional lending criteria. Consultation and online application.
Continuous Intake
BDC Young Entrepreneur Award Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
Pays tribute to outstanding young Canadian entrepreneurs. http://www.bdc.ca/en/yea2009/default.htm?id=1 Award Business Development Bank of Canada • Any Award, prize Canada Travel cost reimbursement only. May 11 – June 24 * nationwide media visibility * unparalleled opportunities for networking with other entrepreneurs * valuable media relations training * many skills development opportunities *Canadian citizens between 19 and 35 years of age as of December 31, 2009 * Be a manager and have been actively involved in the company's daily management for a minimum of two years as of December 31, 2009 * Hold at least 20% of the company's capital stock *Travel expenses to award ceremony, including round‐trip economy‐class train or airfare. The YEA winners will be invited to receive their award during the awards gala in Ottawa, on October 20, 2009 as part of Small Business Week®. Over 350 business people and representatives of BDC, its partners and the various levels of government are expected to attend the gala. The winners will benefit from nationwide media visibility, unparalleled networking opportunities, valuable media relations training and many skills development opportunities. *You will also be eligible to the Export Development Canada Export Excellence Award (this award comes with a $10,000 grant) or the Corporate Social Responsibility Award, presented at the gala. *BDC will reimburse travel expenses (round‐trip, economy class only) from the award winners' city of residence to Ottawa. * Are in the start‐up or early growth phase (first 12 months of sales) * Can demonstrate realistic market and sales potential * Possess experience or expertise in their chosen field * Demonstrate key personal characteristics of a successful entrepreneur * Have assembled a competent management team * Have invested reasonable financial resources in the enterprise * Can provide personal and credit references Application form Corporate profile Financial statements Other Business plan Corporate brochure May 11 – June 24
Canada New Media Fund ‐ Product Assistance Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Administered by Telefilm Canada, the Fund is a national program which supports the creation and the distribution of interactive digital cultural content products. http://www.telefilm.gc.ca/03/311.asp?fond_id=3 Loan The Department of Canadian Heritage, Telefilm Canada • Media • Entertainment Digital, Digital Media, New Media, Media, Content, Interactive, Games, Video Games, Gaming, Entertainment, Edutainment, Website, PC, Mobile, Console, Handheld Canada 50% of eligible costs up to a maximum of $550,000 for each of development, production and marketing. 4‐May It is expected that the assistance provided by Telefilm Canada through the Fund will support Canadian interactive digital content companies in undertaking innovative projects that have strong potential for commercial sales in the domestic and international marketplace, resulting in an increased capacity for corporate growth through intellectual property development and improved revenue opportunities. *Have a head office based in Canada and the company’s activities should take place in Canada; and able to demonstrate that they, or another otherwise eligible applicant, have *Must be able to demonstrate that they exercise creative and financial control from development through production, marketing and revenue reporting. *The applicant company (or companies involved in private sector co‐productions) must own 100% of the copyright of the product that is the subject of the application. In the case of co‐productions with Canadian public agencies accepted by Telefilm Canada, the co‐producing companies must own 100% of the copyright of the product, but the *Must be able to demonstrate a confirmed financial structure when applying to the Fund. *Must be able to demonstrate that their projects will be delivered by January of the following year. * Must be for the development, production and marketing of interactive content for the following platforms: independent website, Convergent Project, PC, mobile device (phone or PDA), Console and Handheld Console *All products must provide the user with an interactive experience occurring between the user and software or the user and other users as enabled by software, which allows them to play, learn or otherwise be entertained. *a minimum of 75% of eligible costs must be incurred in Canada; * expenses incurred and/or paid previous to submission of the application are not eligible; *each of producer fees and overhead may not exceed 10% of BACK sections of the production or marketing budget; *combined producer fees and overhead may not exceed 20% of A to F sections of the development budget; and *rights acquisition costs cannot include payment to a related party or co‐production partner. *The maximum amount of commitment to any given product is $550,000 per fiscal year, based on Telefilm Canada’s fiscal year (April 1st to March 31st). *The maximum level of financial participation per phase is as follows: *For all platforms, Telefilm Canada will advance up to 50% of eligible costs, up to a maximum of $250,000 in development; with the exception of products for Consoles in which case, Telefilm may choose to advance up to 50% of eligible costs, up to a maximum of $ 550,000 in development. Telefilm Canada considers the Sony PlayStation™, the Microsoft Xbox™ and the Nintendo Wii™ as Consoles. *For all platforms, Telefilm Canada will advance up to 50% of eligible costs, up to a maximum of $ 550,000 in production. Marketing *For all platforms, Telefilm Canada will advance up to 50% of eligible costs, up to a maximum of $ 550,000 in marketing. *Telefilm Canada will allow the applicant to recoup 100% its own financial participation in a pro rata pari passu position with all other financial participants except Telefilm Canada. Telefilm Canada will recoup 100% of its financial participation after all other financial participants have fully recouped. *Telefilm Canada’s revenue recoupment shall be from all worldwide Gross Receipts starting from first dollar. Depending on the type of revenue, and at its absolute discretion, Telefilm Canada may
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
allow for standard deduction rates to cover expenses associated with the type of exploitation as follows: *Distribution Exploitation Revenues: a 15% deduction will be allowed on Gross Receipts. *Direct Exploitation Revenues: a 35% deduction will be allowed on Gross Receipts. *Royalty Revenues: Telefilm Canada will not participate in profit sharing once it has recouped its advances.: no deduction will be allowed on Gross Receipts. *Concept – 45 % Marketing – 45% Canadian Cultural Content – 10 % *Application Form *Project Description *Concept and Design Document *Product Demo, Prototype and/or Final Version *CV/Bio of key participants *Corporate Profile *Project Budget *Proof of confirmed financing *Co‐production agreement (if applicable) *Project Schedule *Chain of Title *Further documentation depending on distribution form and phase of development (development, production, marketing) *Various declaration forms 4‐May 10 weeks
Canada Small Business Financing Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount
Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs
Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Under the program, the Government of Canada makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. CSBF http://strategis.ic.gc.ca/SSG/la01107e.html Loan Industry Canada • Any Business loan, bank loan, small business loan Canada Up to a maximum of $500,000 for any one business, of which no more than $350,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment. Continuous intake * To help new businesses get started and established firms make improvements and expand * To improve access to loans that would not otherwise be available to small businesses * To stimulate economic growth and create jobs for Canadians Small businesses operating for profit in Canada, with gross annual revenues of $5 million or less. Loans can be used for financing up to 90% of the cost of: * purchasing or improving land, real property or immovables * purchasing leasehold improvements or improving leased property * purchasing or improving new or used equipment "The interest rate is determined by your financial institution. The interest rate may be variable or fixed: * Variable rate: The maximum chargeable is the lender’s prime lending rate plus 3%. * Fixed rate: The maximum chargeable is the lender’s single family residential mortgage rate plus 3%. A registration fee of 2% of the total amount loaned under the program must also be paid by the borrower to the lender. It can be financed as part of the loan. The registration fee and a portion of the interest are submitted to Industry Canada by the lender to help offset the costs of the program for the government Lenders are required to take security in the assets financed. Lenders also have the option to take an additional unsecured personal guarantee, which cannot exceed 25% of the total amount loaned. " Decisions to lend are based on lending criteria of each financial institution. financial institutions deliver the program. Discuss your business needs with a financial officer at any bank, caisse populaire, or credit union in Canada. The financial officer will review your business proposal and make a decision on your loan application. Once the decision is made to offer financing under the program, the financial institution will register the loan with Industry Canada. Continuous intake
Canada Youth Business Foundation & BDC Start‐Up Financing Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Provides small, low interest loans to young entrepreneurs with sound business plans who are taking over a business. CYBF http://www.cybf.ca/entrepreneurs/cybfbdc.php Loan Industry Canada • Any Loan, small business, start‐up, young, entrepreneur, young entrepreneur, small, bank, low Canada up to $30,000 Continuous Intake This is a loan program aimed at young startups in all areas. Must agree to work with a mentor for two years. * Be approved first for CYBF Start‐Up financing * Meet BDC’s eligibility as per Application for Financing FormLegal problems, bankruptcy/insolvency, taxes, criminal record, permits/licenses, ineligible activities etc. and environment policies where applicable, subject to a final review by BDC before authorization. * Applicant to have a minimum investment of 10%Proof can be shown by way of invoices for items purchased for the company; items transferred to the company by the owner or through bank statements with adequate deposit balances. of the total value of the project (including the transfer of personal assets). * Existing CYBF clients have up to 30 days from CYBF approval date to apply for BDC Financing * BDC matches up to $15,000 matching the CYBF approved amount Start‐up related costs. *CYBF portion terms same as CYBF start‐up financing * BDC portion amortized over 3 to 5 years matching the CYBF amortization period * Repayment of outstanding BDC principal at the loan maturity date with one balloon payment * Interest rate: BDC Floating Base Rate + 5.65%, interest payable monthly after disbursement * $50 processing fee withheld upon loan disbursement * Other standard terms and conditions will apply as per BDC letter of offer (once approved by BDC) Sound business plan. *CYBF portion same as CYBF Start‐Up Financing *Complete BDC Loan Application up to 30 days after the CYBF portion is approved. Continuous Intake
Canada Youth Business Foundation Start‐Up Loan Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
Provides small, low interest loans to young entrepreneurs with sound business plans. CYBF http://www.cybf.ca/entrepreneurs/cybfstartuploan.php Loan Industry Canada • Any Loan, small business, start‐up, young, entrepreneur, young entrepreneur, small, low Canada For loans up to 7500, repayable after 3 years. For loans up to 15k, repayable after 5 years. Continuous Intake This is a loan program aimed at young startups in all areas. Must agree to work with a mentor for two years. * Between 18‐34 years old * Eligible to work in Canada (work permit holders not eligible) * Produce a complete and viable business plan * In business, fully operating, for less than 12 months * Lives in or operates the business in the community which offers the CYBF program * Has some training / experience related to their business idea * Agrees to work with mentor for a period of two years * Has a business idea that creates full‐time sustainable employment for the applicant * Must hold at least 51% voting share in the business (if a partnership) * Not a full‐time student * Loan proceeds may NOT be used for refinancing of existing debt Start‐up related costs. * Amortized over 3 years if loan is $7,500 or less * Amortized over 5 years for loans over $7,500 * Interest‐only payments in the first year * Principal repayments are made in equal monthly installments together with interest, over the remaining two to four years, depending on the amount borrowed * No penalty for early re‐payment * First year, CIBC prime rate plus 2% * Second year, conditional on timely payments, CIBC prime rate plus 1% * Third and subsequent years, conditional on timely payments, CIBC prime rate. *$50.00 CYBF loan administration fee *$10.00 CYBF monthly administration fee Sound business plan. Online Application Business Plan Reference Check Form Attend and interview Complete online orientation Continuous Intake
Canada Youth Business Foundation Succession Financing Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
Provides small, low interest loans to young entrepreneurs with sound business plans. CYBF http://www.cybf.ca/entrepreneurs/successionfinancing.php Loan Industry Canada • Any Takeover, taking over, succession, new owner Canada Up to $15,000 Continuous Intake Assist young people take over businesses. Must agree to work with a mentor for two years. * Between 18‐34 years old * Eligible to work in Canada (work permit holders not eligible) * Produce a complete and viable business plan * In business, fully operating, for less than 12 months * Lives in or operates the business in the community which offers the CYBF program * Has some training / experience related to their business idea * Agrees to work with mentor for a period of two years * Has a business idea that creates full‐time sustainable employment for the applicant * Have until the end of the fifth year of operation to attain 51% ownership in the Company financed by CYBF. (Under normal Start‐Up criteria, you must have 51% ownership at inception). * Not a full‐time student * Loan proceeds may NOT be used for refinancing of existing debt Any * Amortized over 3 years if loan is $7,500 or less * Amortized over 5 years for loans over $7,500 * Interest‐only payments in the first year * Principal repayments are made in equal monthly installments together with interest, over the remaining two to four years, depending on the amount borrowed * No penalty for early re‐payment * First year, CIBC prime rate plus 2% * Second year, conditional on timely payments, CIBC prime rate plus 1% * Third and subsequent years, conditional on timely payments, CIBC prime rate * Current prime rates may be obtained from CIBC at http://www.cibc.com/ca/rates/index.html *$50.00 CYBF loan administration fee *$10.00 CYBF monthly administration fee Sound business plan. Online Application Business Plan Reference Check Form Attend and interview Complete online orientation Continuous Intake
CANARIE ‐ Green IT Pilot Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
This program encourages the definition and implementation of collaborative projects that will accelerate the development of, and participation in, national and international "zero‐carbon" cyber infrastructure and network platforms. CANARIE http://www.canarie.ca/funding/greenit/call_for_proposals.html Grant Industry Canada • Internet infrastructure Internet, broadband, fiber optic, optical, internet, internet infrastructure, high‐speed Canada Up to $2 million 29‐Jun‐09 1. To demonstrate the technical viability and usability of a network architecture that involves relocating servers to zero‐carbon data centers and deploying network nodes that are powered by renewable resources; and 2. To develop the business case for individual sites such as universities to use carbon offsets to finance the relocation of computers and related facilities to zero‐carbon data centers. 1. The project must be innovative; 2. The project must be based on a viable funding model; 3. The applicants must be capable of undertaking the project; 4. The project must bring together the required players to identify requirements, create the collaborations needed and undertake the specific development activity proposed; 5. The lead applicant must be a Canadian corporation or other legally recognized Canadian entity; 6. The project must be technically sound and methodologically feasible; 7. The work envisaged by the project must be performed in Canada (i.e. funds cannot be allocated to foreign‐located participants); 8. CANARIE funding must be required to deliver the results of the project or to ensure the timeliness of the delivery; and 9. The project must use the CANARIE Network. *Direct Labour *Direct Materials *Sub‐contractors and consultants *Special purpose equipment *Demonstration Costs *Training *Travel *Patents *Rentals *Audit Costs *Other costs A typical CANARIE contribution to a project is expected to be up to $2 million for comprehensive zero‐carbon pilot projects of type (i), and up to $100,000 for business plans and related projects of type (ii). CANARIE can support up to 100% of eligible project costs. Proposals submitted under CANARIE's Green IT Pilot Program should also contribute to CANARIE's funding agreement objectives to some substantial degree (see Appendix B) and to the two Green IT Pilot Program objectives defined in the call for proposals. The degree of contribution to the costs of the project from other sources and the extent to which other initiatives have been approached and are providing funding to the project will also be taken into account in assessing the merit of proposals. 5‐10 page initial proposal followed by complete proposal upon successful review.
29‐Jun‐09
CANARIE ‐ R&D Programs Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
CANARIE supports projects that conform to principles of open systems and interoperability. To be eligible for funding, projects must be led by a Canadian organization and be carried out in Canada. Financial contributions from CANARIE are repayable if the project is successfully commercialized. CANARIE http://www.canarie.ca/funding/index.html Various Industry Canada • Internet infrastructure Internet, broadband, fiber optic, optical, internet, internet infrastructure, high‐speed Canada 60% of eligible project costs Periodic intake. Check program website. CANARIE supports a variety of initiatives to develop innovative applications and technologies to advanced broadband networks. 1. The project must be based on a viable funding model; 2. The applicants must be capable of undertaking the project; 3. The project must lead to infrastructure or other results that will be ongoing after CANARIE funding terminates; 4. The lead applicant must be a Canadian corporation or other legally recognized Canadian entity; 5. The project must be technically sound and methodologically feasible; and 6. CANARIE funding must be required to deliver the results of the project or to ensure the timeliness of the delivery. "*Direct Labour *Direct Materials *Sub‐contractors and consultants *Special purpose equipment *Demonstration Costs *Training *Travel *Patents *Rentals *Audit Costs *Other costs" 1. What network‐enabled application(s) will be enabled by the proposed infrastructure extension? 2. Clearly identify or demonstrate the demand for the connectivity. 3. Characterize the architectural or technical compatibility of the proposal with the Network. 4. What is the nature of the network service involved in the project? 5. What is the cost of the project? (provide details) 6. What is the contribution to the project by the applicant and other organizations? 7. What is the contribution to the reliability, redundancy, and/or availability of the CANARIE Network? 8. How does this address the needs of the ORAN and/or the needs of their users? 9. How does this meet the goals and objectives of the ORAN as previously set out in the ORAN's strategic plan?
Periodic intake. Check program website. CANARIE periodically implements new focused funding programs and posts calls for submissions on their website. Most calls for submission close between March and May. Check back or email the program administrators about upcoming projects.
CANMET Energy Technology Centre (CETC) Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Provides leadership and administesr some funding through repayable and cost‐shared contract funding for projects that fall within CANMET's energy‐related technology areas. CANMET http://canmetenergy‐canmetenergie.nrcan‐rncan.gc.ca/eng/about_us/ottawa/funding.html No information. Natural Resources Canada • No information. No information. No information. No information. No information. CANMET is a federal program aimed at energy research and development. No information. No information. No information. No information. No information. No information.
No information. No information. No information.
CANtex ‐ Canadian Textiles Program ‐ Productivity Component Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Through CANtex, the Government of Canada has re‐affirmed its commitment to help eligible Canadian textile manufacturers lower costs, enhance productivity, improve company efficiency, and diversify textile products. http://www.ic.gc.ca/eic/site/ctp‐ptc.nsf/eng/h_mn00001.html Grant, Loan Industry Canada • Textile Textile, manufacturing Canada Up to $100,000 in grants, up to $100,000 in loans. Numerous application deadlines throughout the year. Best to check online. Through CANtex, the Government of Canada has re‐affirmed its commitment to help eligible Canadian textile manufacturers lower costs, enhance productivity, improve company efficiency, and diversify textile products. Canadian companies established prior to June 27, 2002, and created for the purpose of manufacturing textiles requiring funds to: * Implementation of textile production processes to increase productivity; or * Implementation of a project to re‐engineer textile production processes and/or re‐tool production equipment and facilities to produce innovative and/or higher value‐added textile products. # Studies to identify appropriate textile production efficiency initiatives; # Planning directly related to the project; # Consultant and professional service fees directly related to the project (fees related to the cost of preparing an application are NOT eligible); # Staff wages and salaries directly related to the project; and # Equipment installation, engineering, software, and staff training costs directly related to the project. # Non‐repayable contributions will be provided at a rate of up to 50 percent of eligible project costs (see below) to a maximum of $100 000. # Repayable contributions will be provided at a rate of up to 50 percent of eligible project costs to a maximum of $500 000. Project contributions greater than $100 000 are repayable in total. *Comprehensive application form
Numerous application deadlines throughout the year. Best to check online. Ends Sept 30 2009
CANtex ‐ Canadian Textiles Program ‐ Transformative Component Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Through CANtex, the Government of Canada has re‐affirmed its commitment to help eligible Canadian textile manufacturers lower costs, enhance productivity, improve company efficiency, and diversify textile products. http://www.ic.gc.ca/eic/site/ctp‐ptc.nsf/eng/h_mn00001.html Loan Industry Canada • Textile Textile, manufacturing Canada Up to $3 million Numerous application deadlines throughout the year. Best to check online. Through CANtex, the Government of Canada has re‐affirmed its commitment to help eligible Canadian textile manufacturers lower costs, enhance productivity, improve company efficiency, and diversify textile products. Canadian companies established prior to June 27, 2002, and created for the purpose of manufacturing textiles requiring funds to: * Implementation of textile production processes to increase productivity; or * Implementation of a project to re‐engineer textile production processes and/or re‐tool production equipment and facilities to produce innovative and/or higher value‐added textile products. * Studies undertaken to identify appropriate textile production efficiency initiatives and/or to assess market opportunities for new or different textile production capacity; or, studies directly related to the project; * Planning directly related to the project; * Consultant and professional service fees directly related to the project (fees related to the cost of preparing an application are NOT eligible); * Staff wages and salaries directly related to the project; * Equipment installation, engineering, software, and staff training costs directly related to the project; * Capital costs including equipment but not land and building costs; and * Marketing costs directly related to the project (cannot exceed 20 percent of total eligible project costs). Repayable contributions will be provided at a rate of 50 percent on the first $2 million of eligible costs (see below), 40 percent on the next $2 million and 30 percent on costs above this amount, to a maximum total repayable contribution of $3 million in assistance. *Comprehensive application form
Numerous application deadlines throughout the year. Best to check online. Ends Sept 30 2010
Chemical, Biological, Radiological‐Nuclear, and Explosives (CBRNE) Research and Technology Initiative (CRTI) Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs
Terms
Judgment Criteria Application Documentation and Process
The Chemical, Biological, Radiological‐Nuclear, and Explosives (CBRNE) Research and Technology Initiative (CRTI) is part of Canada's response, helping to sharpen the focus of our scientific and security communities on the areas that are the most relevant to today’s realities. CBRNE http://www.ic.gc.ca/eic/site/fte‐fte.nsf/eng/00029.html Grant Defence Research and Development Canada • Lab Cluster Management and Operations • Collective Command, Control, Communications, Coordination and Information Capabilities for CBRN Planning and Response • S&T in support of Equipping and Training 1st Responders • Prevention, Surveillance and Alert Capabilities • Immediate Reaction and Near‐Term Consequence Management Capabilities • Longer‐Term Consequence Management Capabilities • Criminal Investigation Capabilities • S&T Dimensions of Risk Assessment • Public Confidence and Psycho‐Social Factors Defense Canada Up to $10,00,000 Annual in December The mission of the Research and Technology Initiative (CRTI) is to strengthen Canada's preparedness, prevention and response to Chemical, Biological, Radiological‐Nuclear, and Explosives (CBRNE) terrorist attack through science and technology. Canada‐based private companies and individuals. Eligible costs include items such as incremental capital costs, professional and technical labour, project management, equipment, lab operations and maintenance, overhead, travel, contracts for conferences, in support of project execution. The program will fund up to two‐thirds (67 percent) of total costs of any projects. Project partners will provide the remaining funds (33 percent) through in‐kind effort or direct financial support to the project. Maximum of $10 million per project. *Strength of proposal and relevance to current priority areas. Step 1: Review Centre for Security Science (CSS) list of current Call for proposals. Step 2: Review the scope and priorities for this call for proposals. Step 3: Determine if you are eligible to submit a proposal. Program Call for proposals Guidebook. SEE the following sections: * Mandate, section (1.2) * Specified Priorities, (Annexe A) Important Projects that address the specified priorities will receive first consideration. Failure to clearly demonstrate relevance to a CBRNE event will result in the proposal being rejected. Program Call for proposals Guidebook. SEE the following section: Who May submit a Proposal Synopsis? (5.4.1) Step 4: Review the Program Application to be aware of the specific conditions you are required to follow should you receive funding. Program Call for proposals Guidebook. SEE Sections: Post‐Project Approval/Project Implementation (6) Other Project Requirements (8) Step 5: Review the specific application instructions to know what you will be required to provide in order to submit a proposal. Program Call for proposals Guidebook. SEE the following section: Call for Proposal and Selection Process (5) Important * You must use the form specifically identified for your proposal.
Application Deadlines Processing Time Notes
* No late proposal will be accepted. Annual in December 3 months
CIDA Mass Media Initiative Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount
Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
The Development Information Program’s (DIP) Mass Media Initiative (MMI) financially supports television, radio, print, exhibitions, and new media projects that are aimed at increasing public awareness and understanding of international development and cooperation issues among Canadian audiences, through the innovative use of mass media. MMI http://www.acdi‐cida.gc.ca/CIDAWEB/acdicida.nsf/En/JUD‐12183041‐HUQ Grant Canadian International Development Agency (CIDA) • Media • Entertainment • Arts Entertainment, new media, media, television Canada * Requested funding can range between $50,000 and $300,000, according to the availability of funds. Continuous Intake * raise awareness and understanding among Canadians about international development and cooperation issues; * highlight the Canadian contribution to developing countries; and * communicate why challenges faced by developing countries are important to Canadians. To be eligible for MMI funding, your proposal must: * be submitted by an applicant who is a Canadian citizen or who has landed immigrant status; * come from a Canadian organization based in Canada or an international agency (or its representative) capable of delivering information to Canadian audiences; * focus on international development or cooperation issues; * be consistent with the objectives of the Mass Media Initiative; * include a Canadian element in the proposed subject matter (Note: A Canadian crew does not constitute a Canadian element in the content of the project); * target a large Canadian audience; * focus exclusively within the following countries/regions where Canada has a significant aid program: Afghanistan, Haiti, The Americas and Sub‐Saharan Africa; * include signed undertakings guaranteeing dissemination of your product by a significant Canadian broadcaster(s), publisher(s) or distribution outlet(s). * Eligible costs include, but are not limited to: o salaries and fees o travel expenses o research o production o distribution (only applicable for special inserts or special editions) o monitoring/evaluating tools used to measure the project's impact through quantitative and qualitative mechanisms o publicity and marketing o overhead expenses (CIDA will compensate for overhead costs by applying a 12 percent overhead rate to the CIDA share of eligible costs) * For specific phases, MMI will: o contribute up to 50 percent of project costs for the production and/or post‐production phases; o contribute up to 10 percent of the total budget for publicity, marketing, or distribution. Total funding for your project from CIDA’s MMI program (including all other federal departments) cannot exceed 50 percent of your project’s overall budget. o the strength of the concept; o the depth of research of your idea as well as the depth of the analysis that you intend to provide in your approach; o its consistency in meeting the objectives of the Mass Media Initiative; o the social relevancy and timeliness of international development issues & themes covered; o the significance and prominence of the Canadian element in the treatment;
Application Documentation and Process Application Deadlines Processing Time Notes
o the extent and innovativeness of the marketing and distribution methods you intend to use (cross‐ promotion/cross‐platforms); o the project team’s demonstrated capacity to produce, promote, and distribute the project, and to work overseas, if applicable; o the project’s ability to effectively reach its target audience, as well as the size of the target audience; o the overall completeness and clarity of the proposal and supporting documentation; o the total amount of funding requested, its proportion of total project costs, and how the proposal meets established funding criteria; and o the project’s overall quality, feasibility, originality, and creativity. *Application form *Detailed proposal and project budget. *Comprehensive marketing and distribution plan. Continuous Intake The Canadian Television Fund (CTF), National Film Board of Canada (NFB), Telefilm and tax credit programs, among others, are considered to be arm's‐length public funding sources and are therefore eligible to be included in your financial structure.
CIHR Innovation and Industry Programs ‐ Operating Grant: Small and Medium Enterprise Summary
Abbreviation Website
Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines
CIHR/SME Operating Grants provide support for research projects by an individual or small group of investigators. Candidates must secure partnered funding from an eligible company before a registration can be submitted. http://www.researchnet‐ recherchenet.ca/rnr16/vwOpprtntyDtls.do?prog=502&view=search&terms=sme&incArc=true&org= CIHR&progType=CIHR‐12&type=AND&resultCount=25 Terms/Assistance/Benefits: Co‐funding on a project basis. Canadian Institutes of Health Research • Health research • Health sciences • Medical Health research, health, medical, medical science. Canada $100,000 to $150,000 Numerous application deadlines throughout the year. Best to check online. * encouraging and facilitating university‐industry collaborations in health research; * stimulating research activity in Canada; * stimulating jobs and growth in the Canadian economy; * enhancing communications between senior management in industry and universities; * creating attractive and stimulating job opportunities in Canada for the researchers who have been developed/trained in our universities and research hospitals; * stimulating the health research programs of start‐ups, university spin‐offs and SMEs; and, * facilitating transfer of discoveries to the marketplace or bedside. * Candidates must secure partnered funding from an eligible company before a registration can be submitted. A company is eligible provided that it: o is federally or provincially incorporated in Canada (exceptions will be considered upon receipt of documentation that a researcher has been unable to develop a collaboration with a suitable federally or provincially incorporated company in Canada); o demonstrates adequate resources to meet its commitment to a program; and o has a demonstrable ability to apply the results of research and development itself or through agreements with other companies having the capacity to produce and market products and processes. Grant funds must contribute towards the direct costs of the research program or project for which the funds were awarded. The Institution provides for indirect or overhead costs, such as the costs associated with facilities and basic utilities, the purchase and repair of office equipment, administration fees, insurance for equipment and research vehicles, and basic communication devices such as telephones and fax machines. The funds must be used effectively and economically, and the expenses must be essential for the research supported by the grant. * An industry partner must contribute to the grant at a 1:2 (CIHR: Industry) ratio (including eligible in‐kind contributions). Up to 25% of an industry partner's required contribution may comprise of in‐ kind (cash‐equivalent) contributions. In‐kind contributions are generally those that are entirely relevant and central to the research (such judgment may be referred to peer review) and would have to be purchased if they were not provided by the industry partner. The types of in‐kind contributions that are recognized and therefore considered eligible to lever CIHR funding are listed in the "In‐kind Eligibility Table". *To excel, according to internationally accepted standards of scientific excellence, in the creation of new knowledge and its translation into improved health for Canadians, more effective health services and products and a strengthened health care system." * The application process for this funding opportunity is comprised of two steps: Registration and Full Application. * To complete your Registration and Application, follow the instructions identified in the Operating Grants (Industry Partnered) ‐ Web Forms "Registration" Phase Instructions and the Operating Grants (Industry Partnered) ‐ Web Forms "Application" Numerous application deadlines throughout the year. Best to check online.
Processing Time Notes
CIHR Proof of Principle Phase II Summary
Abbreviation Website
Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Proof of Principle Phase II (POP‐II) Grants will fund proof of principle research projects up to 12 months duration at the co‐investment stage undertaking follow‐on proof of principle activities in partnership with a non‐academic investor. This funding opportunity is aimed at providing a platform to better enable the academic institution/researcher to move the discovery/invention further down the innovation pipeline. Research projects across all four pillars of CIHR are eligible for this program. Note that the end product is not required to generate revenue, but there must be a demonstrated market and opportunity for your product. The stage that best fits the POP Phase II is one where the principle of the IP has already been proven and the applicants have acquired interest from partners willing to invest in the new technology. The proposal should be for further confirmatory testing of the IP. Applications focused solely on prototype construction will not be considered. It is not a prerequisite to have Phase I funding in order to apply to Phase II. http://www.researchnet‐ recherchenet.ca/rnr16/vwOpprtntyDtls.do?prog=636&&view=currentOpps&org=CIHR&a mp;type=AND&resultCount=25&sort=program&all=1&masterList=true Grant Canada Institutes of Health and Research • Health research • Health sciences • Medical Health research, health, medical, medical science. Canada Phase 1 grant of up to $150,000 and Phase 2 grant of up to $250,000 LOI deadlines in February and September * promote the application of health research in Canada; * promote academic health research and technology transfer activities that support the commercialization of IP and the implementation of knowledge; * provide the opportunity to enhance and strengthen the value of IP (or IP portfolio); * provide the opportunity to ascertain the potential for commercial viability of IP; * improve the academic institutional / researcher's business prospects and potential for downstream investments on the IP; * accelerate the technology transfer/commercialization of IP residing in academia. 1. Funding consideration is open to researchers who have an established track record of recognized, competitive, peer‐reviewed funding from recognized agencies for research in areas related to the proposed project. 2. Letters of Intent and Full Applications must be supported and signed by the Director of the Technology Transfer Office (or equivalent) of an eligible institution. 3. In cases where the applicant(s) and/or TT Office fully or partly owns or is affiliated with the identified receptor company, the applicant(s) must declare and describe his/her ownership situation. It is anticipated that the management of such situations will be done in accordance with the Conflict of Interest Policies of the applicant's academic institution. 4. It is expected that the applications put forth be for proof of principle research on intellectual property that has been subjected to an initial technology assessment and selected for its significant commercial potential. 5. Proof of Principle Grants are not renewable. Applications for the continuation of a research project funded through the POP program must progress from Phase I to Phase II. Applicants wishing to submit new applications to a Phase where they have already received funding must clearly explain how the IP in the present application is distinct from the previously funded application. 6. Principal Applicants affiliated with the non‐academic institution investor must meet the CIHR Policy on Eligibility Guidelines. 7. No single applicant can have equity positions and/or share options greater than 30% in the partner company. More than 50% of the equity positions and/or share options in the partner company must be owned by a party unrelated to the applicants and/or academic institution(s). Up to 20% of the requested budget can be for eligible expenses incurred through the implementation of the commercial plan for the specific IP. Such eligible expenses are as follows: * Patenting costs (up to $15,000); * Consulting fees, where services and expertise are not available; * Market studies, to determine market potential;
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
* Communication and Networking costs, e.g., web‐based information or seminar to attract investors; * Collaborative trips; * Resource materials. * Grantees will be required to provide a final report on the use of POP grant funds in which reference must be made to the milestones and baseline activity in the original application. * Grantees and Technology Transfer offices (or equivalent) of the grantee's institution will be required to respond to follow‐up surveys on the tangible and intangible outcomes of the funded activities. I) Criteria for Research and Technical Plan * Description, feasibility and appropriateness of the research plan * Originality of the research plan and impact of the expected contributions * Relevance and description of the scientific and/or technical requirements to move the invention/discovery toward commercialization. * Identification of potential hurdles and how they will be addressed * Qualifications and track record of the applicants * Applicants' familiarity with literature in the field and current competitive, or emerging, technologies * How the proposed experiments will strengthen the IP position or generate new IP II) Criteria for Commercialization Plan * Description, feasibility and appropriateness of the commercialization plan ; Demonstration of a need for Proof of Principle research * Impact of proposed product/service on the health of Canadians and/or the health economy * Description of patenting strategy, freedom to operate, prior art, market evaluation and opportunity; Consideration of potential barriers to commercialization * Industry and business contacts, appropriateness of receptor company * Qualifications, track record of persons associated with the commercial aspects of the project and identification of business expertise needed to complete the plan. * Capacity and commitment of applicant's institution to take the project through the commercialization process * Appropriateness of follow‐on steps planned at conclusion of project Letters of Intent and online application.
LOI deadlines in February and September 7 months
Community Futures Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Through Government of Canada funding, CFDCs administer local investment funds to help finance new or existing small businesses and social enterprises for start‐up, expansion or stabilization plans that help maintain or create jobs. CFP http://www.ontcfdc.com/frame3.asp?lang=English Loan FedNor / Industry Canada • Any North, Northern Ontario, project Northern Ontario, Rural Southern Ontario Up to $150,000 Continuous intake to help finance new or existing small businesses and social enterprises for start‐up, expansion or stabilization plans that help maintain or create jobs Organizations, entrepreneurs, small‐to‐medium businesses and social enterprises located in Northern Ontario and rural Southern Ontario residing within the boundaries of the 61 Community Futures Development Corporations are eligible for CFDC support and services. New or existing small businesses for start‐up, expansion or stabilization plans that help maintain or create jobs. Repayable financing of up to $150000 on commercial terms through loans, loan guarantees or equity investments is available when financing from other sources is insufficient. *Job creation *Commercial viability *Business plan and interview.
Continuous intake
Community Ventures Capital Fund Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The CVCF is looking to invest in Eastern Ontario companies poised to grow profitably. We target established and start‐up organizations that have a solid management and detailed development opportunity. We focus on first, second and third round investments, spin‐offs, expansions and restructurings, in the $200,000 to $500,000 range. CVCF http://www.communityventures.ca/whatiscvcf.htm Equity investment Community Futures Development Corporations (CFDCs), economic development agencies, private sector investors • Bio‐products and Biotechnology • Agri‐biotechnology • Telecom Products and Software • Fabrication and Production Industries • Food and Beverage • Consumer Products Equity, capital, venture capital, investment, eastern Ontario, bio‐products, biotech, biotechnology, agriculture, technology, telecommunications, telecom, software, food, beverage, consumer Eastern Ontario Up to $500,000 in an equity investment, and optionally up to $125,000 in term financing. Continuous intake Economic development and diversification, particularly in the knowledge‐based, bio‐products, technology and manufacturing sectors. * Bio‐products and Biotechnology * Agri‐biotechnology * Telecommunication Products and Software * Fabrication and Production Industries * Food and Beverage * Consumer Products * GROWTH FINANCING * FIRST ROUND * SECOND or THIRD ROUND * SPIN‐OFFS * EARLY‐STAGE COMPANY TURNAROUNDS and RESTRUCTURINGS Negotiated on a case‐by‐case basis, with terms similar to other types of early‐stage equity financing. The CVCF is looking to invest in Eastern Ontario companies poised to grow profitably. We target established and start‐up organizations that have a solid management and detailed development opportunity. We focus on first, second and third round investments, spin‐offs, expansions and restructurings. Preliminary Assessment Completed Application Detailed Business Plan Application Fee Various supporting documents Continuous intake Several months
Defense Industrial Research Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
The Defense Industrial Research (DIR) Program supports eligible research projects from the Canadian private sector at the 50 per cent funding level. The DND financial contribution under the DIR Program does not have to be repaid. The maximum project size is typically around $1 million. DIRP http://www.drdc‐rddc.gc.ca/partner‐partenariat/prog/dirp‐prid/guide‐eng.asp Grant Defense Research and Development Canada • Any Defense Canada Up to $500,000 Continuous intake The primary objective is to support the strategic research interests of the Canadian Forces and to introduce new and innovative technologies into DND. the company must submit claims and progress reports periodically The company must provide evidence of its capability to successfully address the proposed project and its subsequent commercialization, from both the technical and business aspects. This means that: 1. the company must have a qualified technical team to carry out the proposed research; 2. the company should have a good economic foundation and capabilities; 3. the company must demonstrate its ability to fund its share in the cost of the project; and 4. the company should not be wholly (or almost wholly) dependant upon the support of the DIR Program for its existence. 5. the research should be relevant to the purposes of national defense 6. The DIR Program is intended to support eligible projects with a strong research component. 7. Research projects should have identifiable technical risks/challenges and/or should advance the science/technology involved. 8. The company must be able to demonstrate that it has a management structure that enables it to perform both the research and the commercialization of the proposed technology, and have a BUSINESS PLAN which satisfactorily addresses its ability to exploit the technology, and which gives confidence in the economic viability of the company. *Costs directly attributable to the research project. The Defence Industrial Research (DIR) Program supports eligible research projects from the Canadian private sector at the 50 per cent funding level. The DND financial contribution under the DIR Program does not have to be repaid. The maximum project size is typically around $1 million. *Relevance to the national defense of Canada or its allies. *Technology viability *Company viability *Brief project outline *Full proposal for selected projects Continuous intake The stacking of any funds from other Canadian government sources or Crown corporations is deemed to be part of the total DND/DIRP contribution which must be matched by the company. The company, if so eligible, may take advantage of Revenue Canada R&D Tax Credits, provided that these, together with the DND/DIRP contribution of 50 per cent, do not exceed 75 per cent of the total cost of the project.
DND/NSERC Research Partnership Program Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
Grants are awarded for support of university‐based research carried out in collaboration with DND and Canadian‐based companies. Approved activities may be supported for up to five years and a maximum of $500,000 per project. http://www.nserc‐crsng.gc.ca/Professors‐Professeurs/RPP‐PP/RPADND‐EPRMDN_eng.asp Grant Defense Research and Development Canada • Electronics • Undersea Systems • Information • Systems • Air Vehicles • Naval Platforms • Mobility Systems • Surveillance Systems • Human Systems Integration • Life Support Systems Defense Canada Up to $500,000 Continuous intake More generally, the Program attempts to strengthen the Canadian defence industrial base and supports the Canadian Government Science and Technology (S&T) Policy with regards to wealth generation and job creation. *The program is open to academic staff members of Canadian universities. Applicants must satisfy normal NSERC Eligibility Criteria as outlined in NSERC's Program Guide for Professors. *To be eligible for support, a proposal must involve a collaborative effort with at least one eligible industrial partner and/or at least one DND Scientific Authority; it must also include information about intellectual property agreement(s) being negotiated or in place that specifically address the disposition of intellectual property rights coming into and/or emanating from the proposed research project. *An eligible industrial partner is a single Canadian‐based firm or consortium of companies incorporated and operating in Canada. *The industrial partner(s) must include at least one eligible industrial partner but can include other eligible and non‐eligible companies. DND and NSERC will provide funding for university‐based research, research training and research‐ related activities carried out in collaboration with DND and Canadian‐based companies. *Approved activities may be supported for terms of up to five years with funding beyond the first year contingent upon evidence of satisfactory progress and, where applicable, evidence of continuing support from the industrial partner(s). *The maximum value of the research grants made available under this program is normally limited to $500,000 per project. Requests exceeding this amount will only be considered under special circumstances and on a case‐by‐case basis. *Cash and in‐kind contributions from industry are recognized by the program as eligible contributions and valid commitments if they are used to defray the direct cost of the proposed activity. 1. Relevance to DND and NSERC Research Priorities 2. Merit of the Research Proposal 3. Interactions and Partnerships 4. Training 5. Management and Budgeting As a first step, applicants must contact the DND scientific authority to ensure that the proposed research activity aligns with the DND research priorities. Research proposals must be submitted on NSERC forms. Continuous intake
Eastern Ontario Development Fund Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
The Eastern Ontario Development Fund will invest up to 50 per cent for economic development projects valued at $100,000 or more. http://www.ontariocanada.com/ontcan/en/eodf_main_en.jsp Grant Ministry of Economic Development and Trade • Manufacturing • Processing (primary and secondary, including projects in sectors such as agriculture and food and forestry) • Tourism (e.g. hospitality & entertainment) • Business services • Cultural industries • Technology (e.g. Information and Communications, digital media) • Green technologies (environmental services) manufacturing, processing, agriculture, food, forestry, tourism, business services, culture, technology, ICT, media, digital, green, clean, environment Eastern Ontario Up to $1.5 million Continuous intake To attract investment and support job creation in eastern Ontario Support is available to businesses: ‐ With at least 10 employees, and who can provide 3 years of financial statements, ‐ With a project idea that involves a minimum investment of $500,000 in eligible project costs and will create 10 net new jobs over 5 years, **Retail, personal services, electricity generation, primary production (from agriculture, forestry, mining, etc.), free standing restaurants, golf courses, residential development, academic/research institutions, arms length government agencies, and consultants are ineligible. • Acquisition of special purpose buildings, including retrofits. • Project‐related infrastructure • Project‐related capital expenses directly attributable to the project • One‐time labour and materials, including such fees as engineering costs to set up/commission new equipment, technology or systems. • Intellectual capital • Skills training, including employer‐provided, related to the project. • Costs of permits, inspections and other fees directly related to the project. The Eastern Ontario Development Fund–Business Stream will fund up to 15 per cent of eligible project costs for approved projects. Successful applicants are expected to contribute at least 50 per cent of total project costs from their own business resources or through private financing. Maximum funding from EODF is up to $1.5 million per approved project. • Prospects for the proposed project to help the business grow move forward or transition to new markets/lines of business. • Quality of business plan – understanding/assessment of business environment and plan to address it, prospects for ongoing business success • Feasibility/viability of project – technical, market‐related, degree of innovation • Project budget • Prospects for the proposed project to deliver outcomes/benefits on EODF measures • Risk Assessment 1. Complete the eligibility checklist 2. Discuss your project with one of the program contacts 3. Complete the full application form Continuous intake Once a complete proposal is submitted, and you receive a confirmation of complete proposal, the 45‐day customer service guarantee begins. Up to 35 per cent of the total project costs can come from other public sector funding sources. Up to 15 per cent will come from the EODF ‐ Business Stream funding, and the remaining 50 per cent is expected to come from your own business resources or through private financing.
ecoAgriculture Biofuels Capital Initiative Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
The ecoABC Initiative is a federal $200 million four‐year program ending on March 31, 2011 that provides repayable contributions for the construction or expansion of transportation biofuel production facilities. ecoABC http://www4.agr.gc.ca/AAFC‐AAC/display‐afficher.do?id=1195672401464&lang=eng Loan Agriculture and Agri‐Food Canada • Biofuel Biofuel, Bio Fuel, Fuel, Biogas, Energy, Agriculture, ethanol, biodiesel, cellulosic ethanol. Canada Variable Continuous intake To provide an opportunity for agricultural producers to diversify their economic base and participate in the biofuels industry through equity investment/ownership in biofuels production facilities. Funding is conditional upon agricultural producer investment in the biofuel projects, and the use of agricultural feedstock to produce the biofuel. *Must an equity investment in the project from agricultural producers equal to or exceeding five percent (5%) of the eligible project costs. *Agricultural feedstocks must be used to commercially produce the transportation biofuels. For the purposes of ecoABC, transportation biofuels are substances such as ethanol, biodiesel, and cellulosic ethanol that are produced from agricultural feedstocks and can be blended into traditional fuels. As well, when blended at low levels (up to 10% for ethanol and 5% for biodiesel), the biofuels can be used in internal combustion engines without engine modification; *The minimum annual production capacity of the new facility, or the increase in capacity of an existing facility must be a minimum of 3 million liters per year for biodiesel facilities and 5 million liters per year for fuel ethanol facilities. * contract costs and fees for design, engineering, procurement and construction services including intellectual property licenses; * costs associated with environmental assessments for the project (subject to a limit of 10% of all eligible project costs claimed); * costs for the production systems and equipment, including monitoring and tracking systems; * salary costs or fee components for design, engineering, procurement and construction; and * salary costs or fee components in contracts for implementing and commissioning the facility. *The contribution will be calculated in terms of an incentive rate in cents per liter multiplied by the increase in the annual production capacity (nameplate capacity) of the renewable fuels facility. The incentive rate increases as a function of increasing levels of agricultural producer investment in the project. The minimum rate of ecoABC contribution, at the minimum eligible agricultural producer investment in the project of five percent (5%) of the Eligible Project Costs, is eight cents per liter (8 ¢/L). The ecoABC incentive rate increases with increasing levels of agricultural producer investment to a maximum of 20 cents per liter (20 ¢/L) production capacity. *For all percentage levels of agricultural producer equity as a proportion of Eligible Project Costs above five percent (5%), the contribution (incentive) rate will be calculated to a maximum of twenty cents per liter (20 ¢/L) Repayment will be determined by a project's profitability. *Repayment will begin on January 1, three years after the facility begins producing at its annual production capacity (nameplate capacity), and will continue for seven subsequent years or until repayment totals the amount of the original contribution to the recipient, whichever comes first. *For each calendar year, the recipient will repay an amount calculated as of December 31st of each year as follows: Average Gross Income Per Liter ‐ $0.20 per liter) X the total biofuels produced in the previous twelve months X 0.25.If the Average Gross Income Per Liter is $0.20 or less, the repayment for that year will be zero. 1. Evidence that the applicant has appropriate property rights to the required land (e.g., ownership, lease, easement agreements, etc.); 2. Documentation demonstrating approval of the project by municipal or regional development authorities. This includes addressing any relevant zoning and environmental issues; 3. Proof that the project has received, or is in the process of obtaining, the required provincial/territorial environmental authorization and other relevant permits; 4. Letters of commitment from all financial partners demonstrating financial capacity to carry out the project (may be conditional on receiving an ecoABC contribution); 5. A certified copy of the binding construction contract(s) for the transportation biofuel production facility (may be conditional on receiving an ecoABC contribution);
Application Documentation and Process
Application Deadlines Processing Time Notes
6. An estimate of Eligible Project Costs; 7. Verification of new agricultural producer equity investment in the project equal to a minimum of five percent (5%) of forecasted Eligible Project Costs; 8. Submission of information required by AAFC from the applicant to allow AAFC to assess the project under the CEAA. Note that the environmental assessment‐related documentation can be submitted prior to the submission of the information in points a to q above. Early submission of environmental assessment‐related information will provide additional time for AAFC and other federal departments to consider this documentation; and 9. Evidence of access to or ownership of required intellectual property and licenses. *Letter of Interest * ecoABC Funding Proposal *Verification of Start of Construction * Commissioning of the Facility *Confirmation of Continued Agricultural producer Equity Investment Continuous intake Applications are processed on a first‐come, first serve basis within each province or territory to a maximum total of $50 million per province or territory until 2011.
ecoENERGY for Renewable Power Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
coENERGY for Renewable Power will provide an incentive of one cent per kilowatt‐hour for up to 10 years to eligible low‐impact, renewable electricity projects constructed over the next four years, April 1, 2007 to March 31, 2011. http://www.ecoaction.gc.ca/ECOENERGY‐ECOENERGIE/power‐electricite/index‐eng.cfm Subsidy Natural Resources Canada • Power • Energy • Renewable energy Power, energy, biomass, solar, wind, bioenergy, fuel, gas, agrifuel, biofuel, renewable, green Canada 1 cent/Kwh produced for 1o years Continuous Intake until March, 2011 ecoENERGY for Renewable Power will invest $1.48 billion to increase Canada's supply of clean electricity from renewable sources such as wind, biomass, low‐impact hydro, geothermal, solar photovoltaic and ocean energy. Businesses, municipalities, institutions and organizations are eligible. A Qualifying Project is defined as a new or refurbished low‐impact renewable‐generating facility, or the clearly delineated expansion of an existing low‐impact renewable‐generating facility that is located in Canada and meets the terms and conditions of the ecoENERGY RP in this document. The Qualifying Project must be of a total rated capacity of 1 megawatt (MW) or greater, Not Applicable ecoENERGY for Renewable Power will provide an incentive of one cent per kilowatt‐hour for up to 10 years to eligible low‐impact, renewable electricity projects constructed over the next four years, April 1, 2007 to March 31, 2011. *Environmental sustainability and satisfaction of eligibility criteria. Cover Letter NPA Form (completed) Section C2 ‐ Proof of business registration number or corporation certificate Section E1 ‐ Map(s) Section F ‐ Proof of access to land Section G ‐ Proof of municipal / regional authorities Section H2 ‐ Proof of interconnection request Section L ‐ Project Description Section M ‐ First Nations contacts Continuous Intake until March, 2011 The stacking limit is set at 75 percent of a project's capital costs.
EDC Buyer Financing Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
EDC provides a small, term loan to your foreign buyers. http://www.edc.ca/english/financing_foreign_buyer.htm Loan Export Development Canada • Any Export, loan, financing, buyer financing Canada Up to 85 per cent of the value of the sale and to a maximum of USD$100 with repayment terms ranging from two to ten years Continuous Intake to help you offer your customer extended payment terms by providing them with financing for an export sale of capital goods and/or services. Loan is conditional upon approval of your buyer by the EDC. Foreign buyers for purchases of capital goods and/or services from Canada Foreign buyers for purchases of capital goods and/or services from Canada Negotiated on a case‐by‐case basis with foreign buyers Buyer loan approval From the Borrower/Investor: * At least three (3) years of audited financial statements and interim reports; * Company profile and key clients; * Bank reference; * In some case, available security or guarantee; * The financial preference: currency, length of the credit, fixed or floating interest rate. From the Canadian exporter: * A copy of the commercial proposal or draft contract; * Information on the relationship with the buyer and the market; * Information on the exporter’s competitor(s) for this transaction and suspected financing being offered (if available); * Information on the products being exported, and estimate of the contract, and the expected terms of payment, the expected terms of delivery, and a delivery schedule; * On a case‐by‐case basis, the exporter may be requested to complete a Canadian Benefits Report. Continuous Intake
EDC Equity Direct Investment Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
Equity Investments allows you to leverage our access to a unique combination of financial tools, expertise and international networks, and acquire the private equity and venture capital you need to grow your export business. http://www.edc.ca/english/financing_equity_investments.htm Equity investment Export Development Canada • High Technology • Industrial Technology • Clean Technology Export, Equity, Investment, Venture Capital, Private Equity, Trade, Technology Canada CAD 1 to 3 million Continuous Intake helps you access equity and venture capital to grow your international business. *Assessed on a case‐by‐case basis. *Early commercialization, expansion and later stage financing *Projects (case‐by‐case) * Commercial viability. *Commercial viability *Sustainable competitive position * a business plan or information memorandum; * a copy of the proposed investment terms and conditions (if available); * identification of other key parties, including other potential equity investors, strategic alliances, debt providers, and project sponsors (if applicable); * copies of relevant commercial documentation. Continuous Intake
EDC Equity Indirect Investment Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
Equity Investments allows you to leverage our access to a unique combination of financial tools, expertise and international networks, and acquire the private equity and venture capital you need to grow your export business. http://www.edc.ca/english/financing_equity_investments.htm Equity investment Export Development Canada • Any Export, Equity, Investment, Venture Capital, Private Equity, Trade, Technology Canada Continuous Intake helps you access equity and venture capital to grow your international business. *Assessed on a case‐by‐case basis. Not Applicable * Tenor Preference: Within 10 years * EDC Equity Participation: Subject to Export Development Canada Exercise of Certain Powers Regulations. Preference not to exceed 10% of aggregate commitments * Co‐Investors: At least 2 other arms‐length, value‐added and reputable co‐investors *Sound business plan *Commercial viability *Available co‐investment partners * a business plan or information memorandum; * a copy of the proposed investment terms and conditions (if available); * identification of other key parties, including other potential equity investors, strategic alliances, debt providers, and project sponsors (if applicable); * copies of relevant commercial documentation. Continuous Intake
EDC EXPORT Express Credit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
If you need money to promote your company in a new foreign market, attend a trade show or increase production capacity for an export order, we can help. Through our partnership with Mercantile Finance Services Ltd., we can provide unsecured loans of up to $50,000 with flexible repayment terms of up to two years http://www.edc.ca/english/financing_export_express_credit.htm Loan Export Development Canada • Any Export, loan, trade show, marketing, trade, border, equipment, travel, foreign Canada Up to $50,000 Continuous intake To promote Canadian companies in foreign markets. This program is designed for Canadian exporting companies with at least two‐years operating history and with annual sales of less than $5 million. •Cover specific contract costs – all costs associated with a specific export contract. •Fund a marketing program – this includes trade shows, brochures, display units, market research, etc. •Purchase equipment – the equipment must be specific to the manufacturer of the specific product being exported. Borrow up to $50,000 over 2 years, no penalty for early payback, no pledge of company or personal assets is required to qualify, $200 administration fee is due at application. Viability of your business 4‐page application form
Continuous intake As little as 24 hours
EDC Export Guarantee Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount
Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Enables you to obtain loans from your financial institution to provide you with the financing you need for your export‐related activities or foreign investments. http://www.edc.ca/english/financing_export_guarantee.htm Loan guarantee Export Development Canada • All Guarantee, loan, export, trade, international, Canada * up to 100% for loans where Canadian companies are making direct investments abroad; * up to 90% for guaranteed amounts up to and including $500,000; * up to 75% for guaranteed amounts greater than $500,000 and up to $10 million. Continuous intake. By providing a guarantee to your financial institution, the Export Guarantee Program could help you access additional financing to support export‐related activities and/or foreign investments. *Any Canadian company with export‐related activities or foreign investments can inquire about this program. To qualify, your financial institution must be willing to establish a credit arrangement with your company and participate in the financing. *small and medium sized Canadian companies in most sectors; * you must have, or be able to obtain credit arrangements with your financial institution; and *your financial institution must indicate their willingness to participate in the deal. • finance your work in progress and inventory related to a specific or multiple export contracts; •finance ongoing export‐related working capital needs; •finance the purchase of equipment or other expenses related to export activities; •provide support for those looking to expand their business by making business investments outside Canada; •finance foreign‐domiciled inventory. Among other requirements, this type of inventory must consist of finished goods for which the exporter has unencumbered legal title; and •free up your working capital by using the security of your foreign receivables and an EDC guarantee to your financial institution to increase your operating line of credit. Costs are based on the associated risks, the duration of the contract and the amount of financing required. Contingent upon acceptance and participation by your banking institution. *Signed Term Sheet or Facility Agreement *Export Contract or Exporter Declaration * Exporter’s financial statements (3 years) *Financial Institution’s credit write‐up Continuous intake.
EDC Project Finance Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
Project Finance provides structuring expertise and direct financing of complex, large‐scale global projects across a variety of industry sectors. This type of financing support is typically required when the project sponsor needs to build, expand or acquire a project. http://www.edc.ca/english/financing_project_finance.htm Loan Export Development Canada • Any Project, international, trade, export, large Canada Variable Continuous Intake Provides project sponsors with access to limited‐recourse financing for large‐scale global infrastructure and industrial projects. Complex, large‐scale global projects. Any project sponsor with a project that demonstrates economic benefits to Canada can inquire about our project financing solutions Negotiated on a case‐by‐case basis. *research and development potential; *number of start‐up firms created; *employment growth; *quality of jobs created; *dividends, royalties, licensing fees, etc.; *market share maintenance or growth (particularly for new products or technologies); *number of primary/lead contractor designations for projects; and *potential for small and medium sized business growth * a financial model clearly detailing the sources of revenue; * market and feasibility studies; * an insurance review; * an independent engineer’s report; * an environmental assessment; and * details of Canadian content and/or ownership (as applicable). Continuous Intake
EDC Supplier Financing Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
Tailored towards small‐ and medium‐sized export contracts. Under a note purchase arrangement, we can buy promissory notes issued to you by your foreign buyer related to the sale of Canadian goods and services. This reduces your risk of non‐payment and increasing your access to cash. http://www.edc.ca/english/financing_supplier_financing.htm Loan Export Development Canada • Any Guarantee, loan, export, trade, international, risk, note, payable, foreign Canada Variable Continuous Intake provides you with access to cash rather than waiting for payment from your foreign buyers. Contact a program administrator before the commercial contract with a foreign buyer is signed to determine whether a note purchase is feasible because certain requirements must be met to qualify for this arrangement. *Transaction financing Rates are based on credit risk of your customer, term of the note and market risk. *Financial standing of the supplier. From the Borrower/Investor: * At least three (3) years of audited financial statements and interim reports; * Company profile and key clients; * Bank reference; * In some case, available security or guarantee; * The financial preference: currency, length of the credit, fixed or floating interest rate. From the Canadian exporter: * A copy of the commercial proposal or draft contract; * Information on the relationship with the buyer and the market; * Information on the exporter’s competitor(s) for this transaction and suspected financing being offered (if available); * Information on the products being exported, and estimate of the contract, and the expected terms of payment, the expected terms of delivery, and a delivery schedule; * On a case‐by‐case basis, the exporter may be requested to complete a Canadian Benefits Report. Continuous Intake
Enterprises North Job Creation Program Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
NOHFC provides financial assistance to the private sector to help bring new jobs and economic prosperity to the North. http://www.mndm.gov.on.ca/nohfc/program_enjcp_e.asp Loan, Grant Ontario Ministry of Northern Development and Mines, Northern Ontario Heritage Fund Corporation • Agriculture • Mining • Forest products • Resource‐based, cultural, adventure or nature‐based tourism • Manufacturing • Technology •Telecom North, Northern Ontario, employee, salary, job, Northern Ontario The maximum project funding from the NOHFC will generally not exceed 50 per cent of eligible costs up to $1 million. Continuous Intake Job creation and economic growth in Northern Ontario New and existing enterprises that will create jobs in Northern Ontario. * Leasehold improvements * Purchase of new or used equipment * Intellectual capital * Capital construction costs related to establishing or expanding a business *Staff training *Marketing *Land servicing Up to one‐half of NOHFC funding may be in the form of a conditional grant with the remainder in the form of a repayable loan. *Job creation *Commercial viability Application form
Continuous Intake
Export Market Access Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
If your company has 5 or more employees and annual sales of $500,000 or more, you may qualify for a grant covering up to 50% of eligible costs incurred to develop export sales. Eligible activities include market research, marketing tools, direct contacts and foreign bidding projects. EMA http://exportaccess.ca/ Grant Ontario Chamber of Commerce • Any Export, trade show, travel, expenses Ontario Up to 50% of the costs to become export‐ready. Continuous Intake Export Market Access: A Global Expansion Program (EMA) is designed to assist small to medium size organizations (SMEs) to access and expand their growth in new foreign markets that are beyond the U.S. ∗ Annual sales of $500,000 or more ∗ Have 5 to 500 employees ∗ Registered company (federally or provincially) for minimum of two years ∗ In full compliance with all government laws and regulations ∗ Not receiving any other contributions from public funds towards the activities contained in the funding application other than support provided through export development programs offered by the International Trade Branch of the Ontario Ministry of Economic Development and Trade 1. Direct Contacts: International trade shows, fairs and exhibits as well as incoming and outgoing missions which are verifiable and supported by a recognized third party such as governments (municipal, provincial and federal) and trade related organizations. 2. Marketing Tools: Developing promotional materials to be used for increasing awareness of applicant’s activities, and goods and services for potential international buyers and/or foreign audiences to broadly market the applicant’s products. 3. Market Research: Conducting market research for more precise international market targeting. 4. Foreign Bidding Projects: This element of EMA is intended for providers of professional services (engineering, consulting, constructions etc.) bidding on foreign projects against foreign competition. The payment clause in the EMA legal agreement stipulates that payment of25% of eligible costs will be made upon contract signing. The balance will be reimbursed upon submission by the applicant, following completion of the activities/project, a detailed report on project progress to include details on performance achievements upon project completion, and a financial report detailing costs incurred and revenues along with supporting documentation such as receipts and invoices. Upon approval and acceptance of the final report, the OCC will reimburse the applicant for the balance of 25% of eligible costs not to exceed the amount stipulated in the contract document. Eligibility of activities and expenditures for funding and linking of proposed activities to EMA's objectives; • Financial and management capability of the applicant to complete the proposed activities as described in a timely basis; • Level of funding requested in relation to the performance measurement; • Validation of expected results and outcomes ‐ what are the measurements, how will these be measured and what performance indicators will be used; and • Completeness of the application. Online Application
Continuous Intake
External Research Program Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
CMHC's External Research Program (ERP) offers funding assistance to help Canadian researchers carry out research investigations on topics related to housing. http://www.cmhc‐schl.gc.ca/en/inpr/graw/graw_001.cfm Grant Canada Mortgage and Housing Corporation • Housing • Real estate • Construction housing, residential, urban, construction, real estate, property Canada Up to $25,000 Numerous application deadlines throughout the year. Best to check online. The intent of the program is to encourage and draw out new ideas, innovative solutions, and better understanding of housing issues. Applicants must be Canadian citizens or have obtained permanent resident status in Canada. *Costs related to the research study Not Applicable Recipients of ERP grants are selected on the basis of the merit and significance of their proposals by a national committee of housing experts. *Application form
Numerous application deadlines throughout the year. Best to check online.
FCM Green Municipal Fund for Brownfield Remediation Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount
Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
FCM offers below‐market GMF loans to implement projects that represent the best examples of leadership in sustainable development of the brownfield sector. http://www.sustainablecommunities.fcm.ca/GMF/GMF‐2009‐call‐for‐applications/Brownfields‐ 2009‐call‐for‐application.asp Loan Federation of Canadian Municipalities • Brownfield Remediation Environment, ecology, agriculture, sustainable, remediation, green Canada GMF can provide financing for up to 80 per cent of costs to a maximum of $4 million in loans combined with $400,000 in grants. Brownfield projects are eligible for below‐market loans only, with no funding limit. Continuous Intake The objective of the 2008 call for applications in the brownfield sector is to fund the remediation components of brownfield redevelopment projects. Any Canadian municipal government, corporation wholly owned by a municipal government, or municipal partner may apply for funding under this call for applications. can be replicated in other communities. The following activities must be complete before submitting an application: • Phase I and Phase II Environmental Site Assessments of the project site • A remedial action planmanagement plan a) Capital costs, as defined and determined in accordance with Generally Accepted Accounting Principles (GAAP): i. acquiring, developing, constructing, modernizing or leasing systems (equipment, hardware, software, etc.) that are essential for the completion of the project; ii. costs of construction, renovation or modernization of facilities and structures essential for the completion of the project, such as materials and installation costs. b) Salaries, professional fees and remuneration: i. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in the planning, assessment, analysis, design, engineering, manufacturing, construction, monitoring, and reporting of the project, but not employed by the applicant; ii. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in public education and promotion, survey and web site development and the development of other communication tools, directly related to the implementation of the project, but not employed by the applicant; and iii. salaries, fees or remuneration paid directly to employees of the applicant working on the project are eligible only if they do not exceed 10 percent of the total eligible project costs. All projects approved for funding under this call for applications will be eligible to receive funding for up to 50 per cent of eligible project costs. Projects considered to be exceptional are eligible to receive loans for up to 80 per cent of the eligible project costs and a reduced long‐term interest rate. FCM will offer GMF loans to projects that reflect the very best examples of municipal leadership in sustainable development – projects that have high net environmental impact and that can be replicated in other communities. • A 5‐10 page summary of the Phase II Environmental Site Assessment (ESA) completed for the project. The summary must be completed by the Qualified Person or Contaminated Site Professional who was responsible for completing and environmental technologies, practices and processes ; signing off on the Phase II report. The summary must confirm that the Phase II ESA was completed, summarize methodologies used to characterize the site, summarize type and extent of contamination, describe off‐site migration issues, describe the cleanup strategies that were considered, and summarize the remediation plan for site cleanup; • Worksheets (templates are provided by FCM with the Application Forms); • A copy of the remedial action plan or risk management plan; and
Application Deadlines Processing Time Notes
• A detailed redevelopment plan (if requesting to be considered exceptional and receive the maximum amount of funding). • Most recent three years of signed audited financial statements and, if available, a business plan for the proposed project (note that FCM reserves the right to request further financial information); Continuous Intake Applications will be evaluated and considered for approval within four to five months from the date they are received.
FCM Green Municipal Fund for Sustainable Transportation Projects Summary Abbreviation Website Funding Type Source Market Keywords
Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time
FCM’s Green Municipal Fund (GMF) offers below‐market loans, in combination with grants, for sustainable transportation projects. http://www.sustainablecommunities.fcm.ca/GMF/GMF‐2009‐call‐for‐applications/Transportation‐ 2009‐call‐for‐application.asp Grant, Loan Federation of Canadian Municipalities • Sustainable transportation public transit, municipal fleets, integrated and alternative transportation systems, and transportation demand management. Canada Up to $4,000,000 in loans plus a maximum of $400,000 in grants Continuous Intake The objective of this call for applications is to facilitate shifts to sustainable modes of transportation. Any Canadian municipal government, corporation wholly owned by a municipal government, or municipal partner may apply for funding under this call for applications. can be replicated in other communities. The following activities must be complete before submitting an application: • a feasibility study • a sustainable transportation plan (or equivalent) a) Capital costs, as defined and determined in accordance with Generally Accepted Accounting Principles (GAAP): i. acquiring, developing, constructing, modernizing or leasing systems (equipment, hardware, software, etc.) that are essential for the completion of the project; and ii. costs of construction, renovation or modernization of facilities and structures essential for the completion of the project, such as materials and installation costs. b) Salaries, professional fees and remuneration: i. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in the planning, assessment, analysis, design, engineering, manufacturing, construction, monitoring, and reporting of the project, but not employed by the applicant; ii. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in public education and promotion, survey and website development and the development of other communication tools, directly related to the implementation of the project, but not employed by the applicant; and iii. salaries, fees or remuneration paid directly to employees of the applicant working on the project are eligible only if they do not exceed 10 percent of the total eligible project costs. All projects approved under this call for applications will be eligible to receive funding for up to 50 per cent of eligible project costs up to a maximum $4 million loan and a $200,000 grant. The value of the grant will not exceed 5 per cent of the value of the loan. Projects considered to be exceptional are eligible to receive funding for up to 80 per cent of the eligible project costs up to a maximum $4 million loan and a $400,000 grant. The value of the grant to exceptional projects will not exceed 10 per cent of the value of the loan. FCM will offer GMF loans and loans combined with grants to projects that reflect the very best examples of municipal leadership in sustainable development – projects that have high net environmental impact that can be replicated in other communities. • Most recent three years of signed audited financial statements and, if available, a business plan for the proposed project (note that FCM reserves the right to request further financial information); • A signed letter from the chief executive officer or the chief financial officer acknowledging that FCM’s loans to municipal partner applicants are conditional upon FCM accepting the eligibility of the partnership arrangement (partnership is demonstrated by significant municipal risk‐sharing and evaluated on a case‐by‐case basis ). • A signed letter from the chief executive officer or chief financial officer describing the current status of project approval and giving evidence of the municipal partner’s board of directors’ decision to support the proposed project and GMF application; and • Evidence of provincial consultation Continuous Intake Applications will be evaluated and considered for approval within four to five months from the date
Notes
they are received.
FCM Green Municipal Fund for Waste Diversion Projects Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
FCM’s Green Municipal Fund (GMF) offers below‐market loans, in combination with grants, to support waste diversion projects. http://www.sustainablecommunities.fcm.ca/GMF/GMF‐2009‐call‐for‐applications/Waste‐2009‐call‐ for‐application.asp Grant, Loan Federation of Canadian Municipalities • Waste diversion • Landfill gas management Waste, landfill, MSW Canada Up to $4,000,000 in loans plus a maximum of $400,000 in grants Continuous Intake The objective of this call for applications is to increase the amount of waste diverted from landfill sites in Canada. *Any Canadian municipal government, corporation wholly owned by a municipal government, or municipal partner may apply for funding under this call for applications. can be replicated in other communities. eligible for funding through this Call for Applications. *All eligible projects must be expected to result in a total diversion rate (TDR) of The following activities must be complete before submitting a proposal: 1) A waste review based on data that is not more than five years old. 2) A solid waste management plan or solid waste diversion plan that is not more than seven years old. a) Capital costs, as defined and determined in accordance with Generally Accepted Accounting Principles (GAAP): i. acquiring, developing, constructing, modernizing or leasing systems (equipment, hardware, software, etc.) that are essential for the completion of the project; ii. costs of construction, renovation or modernization of facilities and structures essential for the completion of the project, such as materials and installation costs. b) Salaries, professional fees and remuneration: i. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in the planning, assessment, analysis, design, engineering, manufacturing, construction, monitoring, and reporting of the project, but not employed by the applicant; ii. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in public education and promotion, survey and web site development and the development of other communication tools, directly related to the implementation of the project, but not employed by the applicant; and iii. salaries, fees or remuneration paid directly to employees of the applicant working on the project are eligible only if they do not exceed 10 per cent of the total eligible project costs. Projects approved for funding under this call for applications will be eligible to receive funding for up to 80 per cent of the eligible project costs up to a maximum $4 million loan and $400,000 grant per project. The value of a grant will not exceed 10 per cent of the value of the loan. Proposals are assessed by an independent Peer Review Committee according to the potential for the project to deliver environmental, social and economic benefits. • Most recent three years of audited financial statements and, if available, a business plan for the proposed project (note that FCM reserves the right to request further financial information) • A copy of an executed agreement in the form of a waste management contract with a municipal government demonstrating that the agreement between the municipal partner and the municipality will be in effect at the time of disbursement For thermal treatment projects: • A mass‐energy balance calculation (if available) of GMF funding and for the duration of the loan
Application Deadlines Processing Time Notes
agreement • A letter from the municipal partner’s Chief Executive Officer or Chief Financial Officer of describing the current status of project approval and giving evidence of the municipal partner’s board of directors’ decision to support the proposed project and GMF proposal • For applicants outside the Province of Quebec, evidence of provincial consultation Continuous Intake Applications will be evaluated and considered for approval within four to five months from the date they are received.
FCM Green Municipal Fund for Wastewater Projects Summary Abbreviation Website Funding Type Source Market Keywords
Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time
FCM’s Green Municipal Fund(GMF) offers below‐market loans, in combination with grants, for wastewater projects. http://www.sustainablecommunities.fcm.ca/GMF/GMF‐2009‐call‐for‐applications/Water‐2009‐call‐ for‐application.asp Grant, Loan Federation of Canadian Municipalities • Wastewater watershed management, water conservation and new approaches to potable water, wastewater, and stormwater treatment. Canada Up to $4,000,000 in loans plus a maximum of $400,000 in grants Continuous Intake The objective of this call for applications is to improve effluent quality from municipal wastewater treatment systems in Canada. Any Canadian municipal government, municipal utility (owned in whole or in part by a municipal government), or municipal partner that has responsibility for municipal wastewater treatment and ownership of project infrastructure may apply for funding under this call for applications. *The following activities must be complete before submitting an application: * a feasibility study * a municipal plan that supports the wastewater project such as a sustainable community plan, strategic plan, or water plan a) Capital costs, as defined and determined in accordance with Generally Accepted Accounting Principles (GAAP): i. acquiring, developing, constructing, modernizing or leasing systems (equipment, hardware, software, etc.) that are essential for the completion of the project; ii. costs of construction, renovation or modernization of facilities and structures essential for the completion of the project, such as materials and installation costs. b) Salaries, professional fees and remuneration: i. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in the planning, assessment, analysis, design, engineering, manufacturing, construction, monitoring, and reporting of the project, but not employed by the applicant; ii. salaries, fees or remuneration paid to professional, technical personnel, consultants and contractors directly involved in public education and promotion, survey and web site development and the development of other communication tools, directly related to the implementation of the project, but not employed by the applicant; and iii. salaries, fees or remuneration paid directly to employees of the applicant working on the project are eligible only if they do not exceed 10 per cent of the total eligible project costs. All projects approved under this call for applications will be eligible to receive funding for up to 50 per cent of eligible project costs up to a maximum $4 million loan and a $200,000 grant. The value of the grant will not exceed 5 per cent of the value of the loan. Projects considered to be exceptional are eligible to receive funding for up to 80 per cent of the eligible project costs up to a maximum $4 million loan and a $400,000 grant. The value of the grant to exceptional projects will not exceed 10 per cent of the value of the loan. Proposals are assessed by an independent Peer Review Committee according to the potential for the project to deliver environmental, social and economic benefits. • Most recent signed audited financial statement; • Municipal council resolution • A copy of an executed agreement with a municipal government demonstrating that the municipal partner has responsibility for municipal wastewater treatment and ownership of project infrastructure. Continuous Intake Applications will be evaluated and considered for approval within four to five months from the date
Notes
they are received.
FedNor Innovation Fund Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
linking traditional resource industries to more knowledge‐based product & service developmen http://www.ic.gc.ca/eic/site/fednor‐fednor.nsf/eng/h_fn02421.html Loan FedNor • Any North, Northern Ontario, project, Northern Ontario Up to $500,000 Continuous Intake FedNor's support of innovation‐related activities includes working in partnership with Northern stakeholders to identify opportunities for linking traditional resource industries to more knowledge‐ based product & service development Canadian companies, and start‐ups Incremental costs directly attributable to the new project. Repayable10 year, unsecured, interest‐free loan, maximum contribution is $500,000, and no more than 50% of eligible costs. Economic benefitss, commercial viability, credible commitment to repay loan, innovation. 14 page legal agreement, business plan, application form
Continuous Intake Several months
Fednor Research and Development Fund Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
Fednor provides R&D loans to businesses in Northern Ontario. FedNor's contributions will normally not exceed 50 percent of eligible costs to a maximum contribution of $500,000. http://www.ic.gc.ca/eic/site/fte‐fte.nsf/eng/00013.html Loan FedNor, Industry Canada • Mining • Forestry • Biotechnology • Alternative energy • Manufacturing • Medical applications mining, forestry, biotechnology, alternative energy, manufacturing, medical, R&D, research, northern Ontario Northern Ontario Up to $500,000 Continuous intake The objective of the Applied Research and Development Program is to increase the overall competitive position of Northern Ontario private sector firms by supporting the commercialization of intellectual property, value‐added product development, and productivity improvement in such key sectors (but not limited to) mining, forestry, biotechnology, alternative energy, manufacturing and medical applications. * Eligible recipients include commercial operations, non‐profit organizations, municipalities, First Nations and community economic development corporations * Eligible organizations must be located within the designated FedNor boundaries in Northern Ontario. * Commercial operations will normally be restricted to small and medium‐sized firms with fewer than 500 employees. * Applicants who can demonstrate a clear and significant benefit to Northern Ontario's economy, but are located outside FedNor boundaries, may be considered for assistance on an exceptional basis. Eligible activities may include initial research and development, pre‐commercial product development and pre‐operational marketing studies which would be unlikely to attract commercial debt due to the risk involved. Only costs that are reasonable, incremental and which relate directly to the eligible activities will be allowed. FedNor's contributions will normally not exceed 50 percent of eligible costs to a maximum contribution of $500,000. All assistance is normally repayable, except contributions to non‐profit organizations will usually be deemed non repayable. *Basic eligibility 1. History of Organization/Economic Benefits of Project 2. Management Résumé 3. Markets and Competition 4. Preliminary Financial Forecast 5. Statement of Work and Costing Schedule for Innovation Projects 6. Financial Statements 7. Articles of Incorporation/Partnership Registration 8. References 9. Application form Continuous intake
First Capital Business Loan Fund Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The First Capital Business Loan Fund will provide loans of up to $10,000 to qualified individuals who wish to start a new business or grow an existing business in Kingston and who have been turned down by a financial institution. http://www.firstcapitalchallenge.com/ Loan The Kingston Economic Development Corporation, Unity Savings and Credit Union. • Any Small business, loan, start‐up Kingston Up to $10,000 Continuous Intake To stimulate business growth and employment in the City of Kingston * You must have a viable business idea * You must operate your business in Kingston * You must have been turned down for funding by an existing financial institution *Business start‐up costs. *Similar to commercial lending terns. * The applicant has a complete business plan already prepared. * The applicant has a well‐researched idea but needs help putting together the business plan. * The applicant is in the early stages of thinking about starting a business but needs advice on how to go about it. *Individuals interested in meeting with the Loans Manager are invited to complete the Introductory Information Form and submit it electronically. *The Loans Manager will arrange a meeting to assess the applicant. *The applicant's business plan is presented to the Loan Review Committee. *The committee will review the plan and decide whether a loan should be granted to the applicant. Continuous Intake
Going Global Science and Technology Fund Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The Going Global Science and Technology Fund helps Canadian researchers in the identification and the establishment of new international collaborative Research and Development (R&D) initiatives with foreign partners. http://www.canadabusiness.ca/servlet/ContentServer?cid=1081944218272&lang=en&pagename=C BSC_FE%2Fdisplay&c=Finance Grant Foreign Affairs and International Trade Canada • Any Travel, marketing, international, conference, researcher, workshop, seminar Canada Applicants must request, from Going Global, a minimum of $5,000.00 in order for the proposal to be considered. The maximum payable to any organization for an approved project is $75,000. 31‐Mar To promote and enhance Canada's international innovation efforts by supporting Canadian companies and/or researchers in pursuing international R&D collaborative opportunities through the development of partnerships with key players in other countries/economies. *Must be a Canadian researcher from a small or medium Canadian enterprise with revenues less than $50 million * travel (e.g., air fare, local transportation, etc.); * accommodation; * meals; * incidentals; and * other non‐research expenses (such as workshop or seminar expenses, translation services, photocopies, or hospitality). The stacking limit for Going Global is 75%. The stacking limit is equivalent to the funding level support of GGI. In the event that actual Total Government Assistance exceeds the stacking limit, it will be necessary for the Department to adjust its level of assistance (an seek reimbursement, if necessary) so that the stacking limit is not exceeded. * potential in establishing significant collaborative R&D initiatives with foreign partners; * economic benefits to Canada; * potential to engage other Canadian participants in the project; * coverage of international relationships and field/sector specific interests that are in accordance with federal Science and Technology (S&T) priorities; * effectiveness, particularly through the methodology used, the people involved and the proposed work plan; and * demonstration that sources of funding for subsequent international collaborative R&D initiatives are being investigated (i.e. to cover the actual research costs). * a narrative report (doc, html)indicating: a list the participants; the project's objectives, activities and achievements; an analysis of the activities and achievements; any downstream international R&D collaboration expectations; lessons learned; conclusions and recommendations; * a financial statement (excel) showing planned and actual itemized costs and all sources of funding for eligible expenses; and * an invoice from the institution. 31‐Mar
HTX Business Investment Program Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The PROGRAM matches your business needs with academic research teams who work in collaboration with you to achieve your R&D objectives. Proposed R&D projects must involve relevant combinations of technologies pertinent to advancing medical or assistive devices with information & communication technologies. http://www.htx.ca/HTX/business_investment_program_guidelines.htm Grant Health Technology Exchange • Medical and Assistive Technologies • ICT Medical, assistive, research, institution, R&D, ICT, information technology, Ontario Up to 100k for 18 months Continuous Intake * Create economic growth in the health and relevant convergent technology sector by providing tangible R&D support for Ontario Small to Medium enterprises (SMEs) in the sector to collaborate with pertinent publicly funded research institutions. * Commercialize R&D outcomes via the partnering SME Projects should have the expectation of generating a license of technology or other formal transfer of know‐how from the research team to the partnering business. * Projects must include both private sector and public funded research institution partners. * Intellectual Property (IP) arising from the project will be managed in accordance with the University/College/Hospital and Research Collaboration Agreements entered into with the PROGRAM Partners (HTX) * It is not permitted to submit more than one Expression of Intent (EOI) for consideration at any one time. * Direct labour costs (salaries and benefits; not including Academic and Industrial Leaders); * Reasonable travel expenses for the Academic Team associated with the Project; * Required materials consumed in the project; * General and administrative costs attributable to the project and; * Minor equipment costs up to $1,000 (i.e., software) for tools required to accomplish project activities (the purchase of computers will not normally be considered as an eligible budget cost). *Duration of research projects will typically be 6 to 18 months with program funding up to $100,000 per project. Subject to budget availability, projects outside of this scope may also be considered. * Industry partner(s) make a cash and in‐kind contribution to the project that matches or exceeds that of the PROGRAM contributions. The cash contribution cannot be less than 1/3 of the investment of PROGRAM funds in the project. The combined cash and in‐kind contributions from the SME partner should equal or exceed the total investment by the PROGRAM. * An important component of the initiative will be a relevant measure of talent, development and training opportunities for students, post‐doctoral fellows and other highly qualified personnel (HQP) within the project. * Demonstrated potential benefit to the Ontario economy; The business applicant will submit an initial two page, Expression of Interest (EOI) and project abstract that describes the following: * Business Profile * Scope and details of the research and development challenge to be undertaken by the academic research team * Background and capabilities of the academic research team * Market overview * Expected research outcomes and commercialization plans * Estimated budget (see EOI Template) EOIs will be reviewed by the PROGRAM Review Committee. Promising projects that best fit the objectives of the PROGRAM and with a strong probability of success will be selected to provide a detailed proposal. Continuous Intake EOI are open at any time. After initial, approval, full proposals must be submitted in 6 weeks.
HTX Convergent Medical Technologies Program Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
The PROGRAM will fund joint R&D projects that are undertaken by a company in Ontario in collaboration with a company in Israel. These projects may typically be from 12‐36 months in duration. Collaborative projects involving academic research organizations and institutions in Ontario and Israel are encouraged. The PROGRAM may contribute up to 50% of total eligible project expenditures to a maximum of $800,000CAD. https://www.htx.ca/HTX/convergent_medical_technologies_program_guidelines.htm Loan Ontario Ministry of Research and Innovation • Medical • Heath Sciences Medical, health, health sciences, medical sciences Ontario Up to $800,000 The current deadline for submission of Full Proposals is September 18, 2009. The program is onging and further application opportunities will likely be published on the program's website. The objective of the PROGRAM is to drive advances in healthcare and healthcare delivery systems with increased efficiency and effectiveness. Companies from Ontario in collaboration with companies from Israel for R&D projects in the convergent medical technologies sector. Eligible costs include labour, material and other costs which are directly attributable to the project. Overhead expenses such as indirect labour, materials and supplies, and general and administrative expenses are also eligible. Specialized equipment for the project may be eligible as well. CIIRDF does not support costs associated with land and buildings. If required, further details on eligible and ineligible costs are available from CIIRDF. No costs will be considered eligible if they are incurred prior to the date which CIIRDF accepts and confirms that the Project Proposal received from the Canadian and Israeli partners is complete. At least 30% of the actual R&D cash costs on any individual project must be spent in either Canada or Israel. The PROGRAM may contribute up to 50% of total eligible project expenditures to a maximum of $800,000CAD. Ontario companies must fund at least 50% of Ontario eligible expenditures and Israeli companies must fund at least 50% of Israeli eligible expenditures. PROGRAM funding to the companies is repayable from gross sales derived from the sale or other commercial exploitation of the product or process innovation resulting from the Project. Applicants must demonstrate the capacity to manage, conduct and benefit from the proposed research. Proposals are expected to include clearly identified commercial goals and commercialization strategies. The parties should agree in advance on the IP rights and commercialization strategy of the product or service. Phase 1: Proposal Outline Phase 2: Full Application The current deadline for submission of Full Proposals is September 18, 2009. The program is onging and further application opportunities will likely be published on the program's website. Please note the government of Canada stacking limit applies to all Canadian applicants. Total Government Assistance (federal, provincial and municipal) limit for the same eligible expenditures is 75%.
Industrial Cooperation Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The Industrial Cooperation Program (CIDA‐INC) is a cost‐sharing program that provides a financial incentive (a cash contribution) to Canadian companies to start a business or provide training in developing countries or countries in transition to a market economy. ICP http://www.acdi‐cida.gc.ca/inc Grant Canadian International Development Agency (CIDA) • Any International, global, development, sustainable, export, foreign, trade Canada Up to $600,000 Numerous application deadlines throughout the year. Best to check online. CIDA‐INC aims to stimulate private sector development and investment in developing countries in order to promote sustainable development and poverty reduction. Eligible firms are those that: * are subject to corporate income tax in Canada; * have been in business in Canada at least three years and are financially sound; * have had annual sales of more than $700,000 for at least two consecutive years; * have a proven track record in their product or service; * are committed to establishing long‐term business relationships in a developing or in‐transition country; * can show that their proposed project has a connection to their corporate business plan; * have established contact with a partner in a host country; * have a potential source of funding; and * are ready to invest in training, promote gender equality, and promote environmental responsibility as part of the project. * Investment Mechanism—CIDA‐INC will fund viability studies and start‐up activities by Canadian firms that produce goods or services in an eligible developing country; or * Professional Services Mechanism—CIDA‐INC will fund feasibility studies and implementation by Canadian consulting firms that wish to provide professional advice, or implement and transfer technology for a national or regional infrastructure project. These projects must have funding from the host country government or an international funding agency other than CIDA. * the viability of the project on a technical and commercial basis; * the specific, measurable, benefits and developmental impacts for the host country; * the level of risk in terms of access to funding, the local partner’s capacities, the project’s potential for success, and the country’s political situation; and * the technical approach, level of experience, the proposed team, and the firm’s work methods. * Read the CIDA‐INC Program Guide to see if your firm is eligible and to understand the next steps to take to make an application. * Discuss the proposal with a Private Sector Directorate (PSD) contact to be sure the proposal will be considered. * This person will explain what information is necessary to include in an application. * Each of the two project phases (study and project support) that CIDA‐INC will fund requires a separate application. * Submit your project proposal through Doing Business Online with CIDA. For technical assistance, please contact the CIDA Help Desk at (819) 994‐1904 or toll free at 1‐866‐353‐0333. Numerous application deadlines throughout the year. Best to check online. 16 weeks
MaRS Business Project Funding Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Business Project Funding enables entrepreneurs already engaged with program Entrepreneurs‐in‐ Residence (EIR) or MaRS Advisors to access specialized advisory services. Projects might include consultation from niche market experts, intellectual property strategy, third‐party validation or testing or primary market research. http://www.marsdd.com/advisoryservices/money.html Grant Ontario Ministry of Research and Innovation • Any Technology, high‐tech, innovation Ontario Up to $10,000 Continuous Intake Provide enhanced advisory resources to promising Ontario technology companies, Must work with an Entrepreneur In Residence To access Business Project Funding, you must be recommended by an EIR or program agent that has been advising you. Specialized advisory services. Not Applicable *Assessed on an individual basis by EIRs and MaRS analysts. Application form administered by your entrepreneur in residence.
Continuous Intake 1‐2 weeks
Moving on Sustainable Transportation Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake
Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Through MOST, Transport Canada is working with organizations across Canada to make sustainable transportation a reality. MOST http://www.tc.gc.ca/programs/environment/MOST/menu.htm Grant Transport Canada • Transportation Sustainable, transportation Canada Up to $150,000 October 15, 2009 March 31, 2010 October 15, 2010 * Stimulate the development of innovative tools, approaches and practices for increasing the sustainability of Canada's transportation system and the use of sustainable modes of transportation; * Realize quantifiable environmental and sustainable development results on Transport Canada's sustainable development priorities; and * Provide Canadians with practical information, tools and opportunities for better incorporating sustainable transportation options into their daily lives. * non‐profit, non‐governmental organizations (NGOs) * community organizations (voluntary groups, community associations, and institutions) * organizations and associations for First Nations and Aboriginal Peoples; * educational and academic institutions; * labour organizations; and, * businesses and industries and their professional associations ‐ for projects that are non‐profit in nature and are not tied to a company’s line of business. Projects must: * Conduct studies, analyses, or plans that make strategic recommendations on sustainable transportation issues and initiatives; * Develop innovative sustainable transportation tools; * Undertake small scale pilot projects or demonstration projects that test new sustainable transportation approaches or alternatives; * Replicate successful sustainable transportation initiatives in additional communities and customize project materials to the new location; or * Conduct workshops and conferences that educate stakeholders (professionals employed in the field or managers and staff of sustainable transportation projects) on sustainable transportation. * travel; * personnel salaries and benefits; * professional services (e.g. consultants for studies, designs, marketing, software and web site development); * rental of equipment; * purchase of equipment, software, hardware and other fixed assets; * public outreach and communication materials and activities; * Provincial Sales Tax and the portion of the Goods and Services Tax for which the recipient is not eligible for a tax rebate; and, * administrative costs to a maximum of 15 per cent of the MOST funding request (including rental of office space, printing, telephone, office supplies, etc.). * to a maximum of 50 per cent of eligible costs (cash or in‐kind); and, * to a maximum of $150,000 over a three‐year period. 1. Effectiveness in making direct environmental improvements through greater understanding and practical applications of sustainable transportation principles. The degree to which the project: 1. increases Canadians’ ability to apply concrete and practical sustainable transportation solutions; 2. promotes action by Canadians to adopt sustainable transportation practices in their daily lives; and 3. provides concrete milestones and expected results within a reasonable time frame, and provides a process to monitor progress and measure the project’s impacts. 2. The degree to which the project is innovative and can be applied elsewhere or replicates a successful initiative. The extent to which it:
Application Documentation and Process Application Deadlines
Processing Time Notes
1. provides a novel and creative approach in realizing sustainable transportation; or 2. complements and builds on existing approaches or initiatives; or 3. reinforces/strengthens current initiatives and mechanisms addressing sustainable transportation by expanding their delivery and influence, instill behaviour change and motivate action. 3. The degree to which the project demonstrates a likely chance of short‐term success and long‐ term sustainable development impact and success. Based on: 1. the proponent’s experience and expertise in similar areas; 2. the proponent’s demonstrated commitment to the area; and 3. sufficient institutional, management/organizational structure and financial and other support to successfully deliver the project. Application form and project proposal.
October 15, 2009 March 31, 2010 October 15, 2010
MRI Emerging Technologies Fund Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
TBD http://www.mri.gov.on.ca/english/news/ETF031809.asp Equity investment Ontario Ministry of Research and Innovation • Clean technology • Life sciences • Digital media • Information communication technology Clean technology, life sciences, digital media, information communication technology, clean tech, ICT TBD TBD TBD * The Emerging Technologies Fund would invest $250 million dollars over five years together with qualified venture capital funds and private sector investors. Program details are being developed and full guidelines will be posted on the MRI web site before the end of July 2009. MORE TBD TBD TBD TBD TBD TBD
TBD TBD Program details are being developed and full guidelines will be posted on the MRI web site before the end of July 2009.
MRI Innovation Demonstration Fund Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
The Innovation Demonstration Fund (IDF) is a discretionary, non‐entitlement funding program administered by the Ontario Ministry of Research and Innovation that focuses on the commercialization and initial technical demonstration of globally competitive, innovative Green technologies, processes and/or products. IDF http://www.mri.gov.on.ca/english/programs/idf/guidelines.asp Loan, Royalty, Equity investment Ontario Ministry of Research and Innovation • Green technology • Alternative energy • Bio‐products • Hydrogen • Other technologies at the pilot stage of development Environment, energy, alternative energy, bio‐products, biochemical, bio‐agricultural, bio‐industrial, technology Ontario The funding potentially available under IDF ranges from a minimum of $100,000 to a maximum of $4,000,000 per project. Continuous intake The objective of the IDF is to help companies in their efforts to commercialize innovative technologies in Ontario by mitigating the risk of projects with significant pilot‐scale technical hurdles. The IDF is not aimed at routine engineering, upgrading, or improvements to existing processes, designs or products. * The proposed technology demonstration at the pilot stage will provide a competitive advantage for Ontario or other significant benefits. * The proposed technology has been tested and proven to be viable, and can provide sufficient data to warrant a pilot scale project. * Following a successful pilot, the technology product or process will be moved into the global market. * The technology, product or process is best in class and will lead to a globally competitive business and market opportunity. * Start‐up costs associated with the development and design of pilot‐scale prototypes; * Equipment purchase, installation and retrofitting costs; * Direct labour costs for personnel involved in the project; * Maintenance costs; * Costs associated with training of skilled resources; and * Monitoring and evaluation costs. *IDF will provide financial support covering up to 50 percent of eligible costs for approved Eligible Projects that have as their goal commercialization. *Terms are negotiated on a case‐by‐case basis depending on the form of funding. * Global competitiveness of the technology, product or process to be piloted; * Demonstration of technical feasibility; * Feasibility of the business plan to demonstrate market success of the project within a reasonable timeframe; * The technological, managerial and financial plan to achieve the stated objectives of the project; * Impact on societal needs and challenges in the areas of: o Environmental benefits; o Waste minimization; o Alternative energy development; * Potential to provide economic benefit and contribute to Ontario's competitive advantage in global markets; * Feasibility of the plan to ensure commercialization of the technology beyond the pilot phase from Ontario; * Feasibility of the plan to increase public, consumer and investor awareness and acceptance of the technology. The Ministry will conduct an initial review of the applications and will seek technical review from external experts as well as a financial due diligence review by an independent Third Party reviewer. The Ontario Ministry of Research and Innovation is committed to making timely decisions on all Full Applications once submitted. The evaluation process will be as follows: * Initial review by the Ministry;
Application Deadlines Processing Time Notes
* Evaluation by interministerial review team * Technical review by external experts; * Financial due diligence review by external experts; and * Evaluation of reviews by the Ministry and subsequent funding decisions for successful applicants. Continuous intake
MRI Next Generation of Jobs Fund ‐ Biopharmaceutical Investment Program Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
* Grants of up to 20% of eligible costs to support innovative biopharmaceutical R&D and advanced manufacturing to enhance Ontario’s competitive advantage on the world stage and encourage a generation of new high value jobs. BIP http://www.mri.gov.on.ca/english/programs/bip/program.asp Grant Ontario Ministry of Research and Innovation • Biotechnology • Biopharmaceutical Biotech, biopharmaceutical, medical, health, advanced manufacturing, oncology, stem cell, drug, Ontario Up to 20% of eligible project costs. Applications may be received at any time during the five‐year window of the program (i.e. until March 31, 2013). * To increase the level of new biopharmaceutical Research and Development and advanced manufacturing in Ontario * To expand local footprints, and create a generation of new high value jobs for Ontarians * To increase “deal flow” within Ontario’s growing biotech cluster, and build capacity through collaborations with public research institutions *Your company’s primary source of business comes from patented products that have received marketing approval by way of a Health Canada New Drug Submission or the equivalent submission in the United States, the European Union or Japan. *Your company holds at least one patented human health drug product approved for sale in one or more of the following markets: Canada, the United States, the European Union, and/or Japan. *Your proposed project will see an incremental increase to your R&D investment in Ontario; and/or your proposed project is for a new advanced manufacturing project in Ontario. *Your proposal is related to R&D and/or advanced manufacturing of innovative drugs. *Your project will be situated at a facility/facilities in Ontario. *Your project has minimum total eligible project costs of $5M. *Your proposal does not request funding for R&D and/or manufacturing related to medical devices, non‐human health products, human non‐medical products (e.g. products that are not/would not be prescribed by a medical practitioner), or for business restructuring or regular capital reinvestment. o Start‐up Costs o Laboratory supplies, equipment and machinery o Infrastructure o Overhead o Construction/leasehold improvements o Equipment and machinery o Materials o One‐time labor o Other costs directly attributable to the project Negotiated on a case‐by‐case basis. Alignment with Ontario Strengths Alignment with Company Strategies and Plans Risk Innovation Company Track Record Investment Collaboration and Partnerships Follow On Potential Project Plan Jobs Skills Building Capacity Economic Benefits 1st Stage: potential BIP Applicants are required to submit an Expression of Interest Form. * Potential applicants are encouraged to utilize the “Project Assessment Tool” highlighted in the Program Guidelines to review their proposed project prior to submission of an EoI.
Application Deadlines Processing Time Notes
* The Project Assessment Tool allows for the testing of a concept or idea for a potential submission to the BIP as it provides details of the criteria used by the Ontario Ministry of Research and Innovation to review applications to this program. * This will enable an applicant to determine whether to apply to the BIP and, if so, ways to strengthen the application. * Please note that a high rating on the Project Assessment Tool does not guarantee that an application will be approved as any approval is at the ministry’s discretion. 2nd Stage: applicants invited to do so are required to submit a Full Application Form. The template will be provided to the applicant by MRI at that time. Applications may be received at any time during the five‐year window of the program (i.e. until March 31, 2013). *No stacking restrictions.
MRI Ontario Commercialization Investment Funds (OCIF) Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount
Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
* Capital to invest in high‐risk technology businesses, resulting from research at post‐secondary institutions and research hospitals. http://www.mri.gov.on.ca/english/programs/ocif/program.asp Grant Ontario Ministry of Research and Innovation • Any technology Research, R&D, risk, university, commercialization, technology Ontario Calculated as 30 per cent of the amount of eligible investments. The maximum amount of grant available to one or more OCIFs in respect of a particular eligible business and all businesses related to the eligible business is $225,000 (maximum investment of $750,000). Decided individually by each OCIF *To raise the profile of venture capital support for commercialization at Ontario‐based research institutes by providing funding to: (a) encourage research institutes to partner with accredited investors in commercializing research developed by the faculty, staff, students and alumni of research institutes and (b) encourage the investment of capital to support the growth and development of new entrepreneurial firms created as a result of research developed through research institutes. Companies must apply to an eligible OCIF for funding. An eligible business is a taxable Canadian corporation or Canadian partnership that at the time of investment by the OCIF: * must be commencing activities as a new business and primarily engaged in (i) the research, development and construction of a prototype (ii) the development of a manufacturing process (iii) the implementation of a marketing or distribution strategy for a product or (iv) a similar activity that is in respect of a service. * has a reasonable expectation of profit * has total revenue since its incorporation or formation of less than $500,000 * was formed to exploit intellectual property developed by individuals who are faculty, staff or students (or who were faculty, staff, or students in the three years prior to the investment) of a sponsor of the OCIF * pays 50 per cent or more of its wages and salaries to employees who work at a permanent establishment of the corporation or partnership in Ontario * has 50 per cent or more of its employees working on the eligible business in Ontario and * has total tangible assets (including those of all related corporations and partnerships) of less than $500,000. Not Applicable Negotiated on a case‐by‐case basis with the applicable OCIF. Similar to criteria used to judge traditional VC investment opportunities. * A research institute or a group of research institutes, as sponsor(s), applies to the Ontario Ministry of Research and Innovation for registration of a corporation or partnership as an OCIF. * The ministry reviews the application and related documentation. If approval is granted, a registration number is assigned and a certificate of registration is issued. * The OCIF raises capital from eligible investors. * When an OCIF corporation/partnership plans to invest or has invested in an eligible business, it will apply to the Ontario Ministry of Research and Innovation for a certificate indicating that the investment is an eligible investment and the amount of the grant available in respect of the investment. * If approval is granted, the Ontario Ministry of Research and Innovation will issue a certificate stating that the investments or proposed investments are eligible, and specifying the amount of grant available. * Once a year, the OCIF applies to the Ontario Ministry of Research and Innovation for a grant, which is calculated as 30 per cent of the amount of eligible investments. The maximum amount of grant available to one or more OCIFs in respect of a particular eligible business and all businesses related to the eligible business is $225,000 (maximum investment of $750,000). Decided individually by each OCIF Several months
MRI Premier Catalyst Award for Best Young Innovator Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The Premier’s Catalyst Awards provide five awards of $200,000 for developing an innovation that is a commercially successful new, or significantly improved, product or service based on a breakthrough technology. http://www.mri.gov.on.ca/english/programs/pca/program.asp Award Ontario Ministry of Research and Innovation • Any Innovation, award Ontario $200,000 1‐Oct The Best Young Innovator Award celebrates early stage innovators who have played a significant role in developing a commercially successful product or service based on a breakthrough technology and who demonstrate future potential. Nominees for the Best Young Innovator category must be under the age of 35 at the nomination deadline. Funds received through this grant can be spent on: * Research expenses such as salaries for research staff, travel to conferences, publication, database development and library acquisitions, the purchase or rental of research equipment or supplies, and operation and maintenance of research equipment or facilities. * Innovation expenses such as salaries for knowledge/technology transfer staff, entrepreneurial training, marketing of an innovation, prototype development and intellectual property protection (including any activity related to the development of a patent, trademark or copyright, but excluding all dispute/litigation and legal costs associated with intellectual property). * Donations to an Ontario university for graduate or undergraduate scholarships or research chairs. * Support for research and innovation awareness initiatives or youth outreach programs. Not Applicable *Innovation *Potential to impact Ontario *Innovation leadership * What is your assessment of the role of the nominee in connection with this innovation? * What is the overall assessment of the nominee’s future potential? A nominator is responsible for preparing a complete nomination package and submitting it to the Ministry by the deadline. Include a cover letter not exceeding one page signed by the nominator. The nomination form requests information about the innovation, the innovation’s impact, the intellectual property, the individual (if applicable) and the company, along with its corporate and financial history. 1‐Oct
MRI Premier Catalyst Award for Innovator of the Year Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The Premier’s Catalyst Awards provide five awards of $200,000 for developing an innovation that is a commercially successful new, or significantly improved, product or service based on a breakthrough technology. http://www.mri.gov.on.ca/english/programs/pca/program.asp Award Ontario Ministry of Research and Innovation • Any Innovation, award Ontario $200,000 2‐Oct The Innovator of the Year Award celebrates innovators who have played a significant role in developing a commercially successful product or service based on a breakthrough technology. Must be an innovator who ha played a significant role in developing a commercially successful product or service based on a breakthrough technology. Funds received through this grant can be spent on: * Research expenses such as salaries for research staff, travel to conferences, publication, database development and library acquisitions, the purchase or rental of research equipment or supplies, and operation and maintenance of research equipment or facilities. * Innovation expenses such as salaries for knowledge/technology transfer staff, entrepreneurial training, marketing of an innovation, prototype development and intellectual property protection (including any activity related to the development of a patent, trademark or copyright, but excluding all dispute/litigation and legal costs associated with intellectual property). * Donations to an Ontario university for graduate or undergraduate scholarships or research chairs. * Support for research and innovation awareness initiatives or youth outreach programs. Not Applicable *Innovation *Potential to impact Ontario *Innovation leadership *What is your assessment of the role of the nominee in connection with this innovation? A nominator is responsible for preparing a complete nomination package and submitting it to the Ministry by the deadline. Include a cover letter not exceeding one page signed by the nominator. The nomination form requests information about the innovation, the innovation’s impact, the intellectual property, the individual (if applicable) and the company, along with its corporate and financial history. 2‐Oct
MRI Premier Catalyst Award for The Company with the Best Innovation Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The Premier’s Catalyst Awards provide five awards of $200,000 for developing an innovation that is a commercially successful new, or significantly improved, product or service based on a breakthrough technology. http://www.mri.gov.on.ca/english/programs/pca/program.asp Award Ontario Ministry of Research and Innovation • Any Innovation, award Ontario $200,000 3‐Oct The Start‐up Company with the Best Innovation Award celebrates emerging companies that have outstanding performance, growing revenues and the potential to become a market leader as a result of developing a commercially successful product or service based on a breakthrough technology. Companies nominated for the Company with the Best Innovation Award must have incorporated under the Ontario Business Corporations Act or the Canada Business Corporations Act longer than five years prior to the nomination deadline. Funds received through this grant can be spent on: * Research expenses such as salaries for research staff, travel to conferences, publication, database development and library acquisitions, the purchase or rental of research equipment or supplies, and operation and maintenance of research equipment or facilities. * Innovation expenses such as salaries for knowledge/technology transfer staff, entrepreneurial training, marketing of an innovation, prototype development and intellectual property protection (including any activity related to the development of a patent, trademark or copyright, but excluding all dispute/litigation and legal costs associated with intellectual property). * Donations to an Ontario university for graduate or undergraduate scholarships or research chairs. * Support for research and innovation awareness initiatives or youth outreach programs. Not Applicable *Innovation *Potential to impact Ontario *Innovation leadership *To what extent has the nominee demonstrated outstanding performance as a result of the innovation? * To what extent has the nominee demonstrated growing revenues as a result of the innovation? * To what extent has the nominee demonstrated the potential to grow market share as a result of the innovation? A nominator is responsible for preparing a complete nomination package and submitting it to the Ministry by the deadline. Include a cover letter not exceeding one page signed by the nominator. The nomination form requests information about the innovation, the innovation’s impact, the intellectual property, the individual (if applicable) and the company, along with its corporate and financial history. 3‐Oct
MRI Premier Catalyst Award for The Start‐Up Company with the Best Innovation Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
The Premier’s Catalyst Awards provide five awards of $200,000 for developing an innovation that is a commercially successful new, or significantly improved, product or service based on a breakthrough technology. http://www.mri.gov.on.ca/english/programs/pca/program.asp Award Ontario Ministry of Research and Innovation • Any Innovation, award Ontario $200,000 4‐Oct The Company with the Best Innovation Award celebrates established companies who have outstanding performance, growing revenues and the potential to grow market share as a result of developing a commercially successful product or service based on a breakthrough technology. Companies nominated for the Start‐up Company with the Best Innovation Award must have incorporated under the Ontario Business Corporations Act or the Canada Business Corporations Act less than five years prior to the nomination deadline. Funds received through this grant can be spent on: * Research expenses such as salaries for research staff, travel to conferences, publication, database development and library acquisitions, the purchase or rental of research equipment or supplies, and operation and maintenance of research equipment or facilities. * Innovation expenses such as salaries for knowledge/technology transfer staff, entrepreneurial training, marketing of an innovation, prototype development and intellectual property protection (including any activity related to the development of a patent, trademark or copyright, but excluding all dispute/litigation and legal costs associated with intellectual property). * Donations to an Ontario university for graduate or undergraduate scholarships or research chairs. * Support for research and innovation awareness initiatives or youth outreach programs. Not Applicable *Innovation *Potential to impact Ontario *Innovation leadership * To what extent has the nominee demonstrated outstanding performance as a result of the innovation? * To what extent has the nominee demonstrated growing revenues as a result of the innovation? * To what extent has the nominee demonstrated the potential to become a market leader as a result of the innovation? A nominator is responsible for preparing a complete nomination package and submitting it to the Ministry by the deadline. Include a cover letter not exceeding one page signed by the nominator. The nomination form requests information about the innovation, the innovation’s impact, the intellectual property, the individual (if applicable) and the company, along with its corporate and financial history. 4‐Oct
New Directions Research Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
TBD http://www.omafra.gov.on.ca/english/research/new_directions/index.html TBD Ontario Ministry of Agriculture, Food and Rural Affairs • To be announced TBD TBD TBD TBD TBD TBD TBD TBD TBD TBD TBD
TBD TBD A new call for proposals for New Directions 2009‐2010 is expected to be issued in early summer of 2009. Please check back in for more information.
Northern Ontario Heritage Fund Emerging Technology Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time
The NOHFC’s Private Sector Emerging Technology Program supports the innovation of new technologies that will contribute to future northern prosperity. ETP http://www.mndm.gov.on.ca/nohfc/program_etp_e.asp Loan, Grant Ontario Ministry of Northern Development and Mines, Northern Ontario Heritage Fund Corporation • Any technology North, Northern Ontario, project, Northern Ontario Up to $100,000 in grant and up to $1 million in loan Continual Intake To pursue research, development and commercialization projects that demonstrate a high commercial potential, foster collaborative activities among industry and research institutions, and encourage successful innovation in small companies. *Projects must create direct jobs. * Eligible applicants may include individual private sector companies or consortiums of companies. * The applicant must be prepared to become incorporated and be incorporated prior to receiving assistance. Projects must create direct jobs. *All other potential sources of funding must be explored and documented. *The costs of full‐time staff, or operating costs of businesses will normally not be considered eligible, although human capital may be considered on a case‐by‐case basis. *The proposed product, service or process must be innovative and have commercial potential. *The applicant must have operations located in Northern Ontario and/or the project must be undertaken in Northern Ontario. *The proposed project should not unreasonably impact existing Northern Ontario businesses and must result in net economic benefits for Northern Ontario. *The applicant must own or control the intellectual property needed to conduct the project. *The applicant must be unable to obtain sufficient funding for the project from financial institutions. *Projects proposed which, in the opinion of the NOHFC Board, have significant job creation and/or other substantial Northern Ontario benefits may be considered on a case‐by‐case basis. *The maximum investment from the NOHFC will generally not exceed 50 per cent of eligible project costs * Information and communications technology projects * Film development and production * Value‐added products * Biotechnology and life sciences projects * Intellectual property development * Staff training * Marketing * Land servicing costs * Capital project costs *Non‐repayable contributions of up to $100,000 may be provided on a cost‐shared basis for research and pre‐competitive development technical projects. *Repayable loans of up to $1 million or 50 per cent of eligible project costs, whichever is less, may be provided to capital projects. *Up to one‐half of the NOHFC funding may be in the form of a conditional grant with the remainder in the form of a repayable loan. *Job creation *Commercial viability *Application form
Continual Intake
Notes
Northern Ontario Young Entrepreneur Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Funding is available to help the North’s youth develop their business skills and to help them start their own enterprises in Northern Ontario. YEP http://www.mndm.gov.on.ca/nohfc/program_noyep_e.asp Grant Ontario Ministry of Northern Development and Mines, Northern Ontario Heritage Fund Corporation • Any North, Northern Ontario, project, entrepreneur, start‐up, capital Northern Ontario Up to $25,000 Continuous Intake The NOHFC Young Entrepreneur program aims to mobilize a new generation of entrepreneurs and community builders in the North, securing a more prosperous future for tomorrow’s northern families and workers. * Residents of Northern Ontario, 18 to 29 who are planning on starting their own for‐profit business in the North. * The new venture cannot be an expansion or natural extension of a similar business owned by the young entrepreneur and/or family members or direct relatives. *Capital costs related to starting a new business such as office furniture, fixtures and equipment. * Generally, funding does not have to be repaid and may cover up to 85 per cent of eligible costs, to a maximum of $25,000 per project. * The young entrepreneur must make a cash investment in the business equal to 10 per cent of the NOHFC’s conditional contribution. * The proposed new business will operate as a full‐time business and create a minimum of one new job in Northern Ontario. Commercial viability, job creation Application form and business plan
Continuous Intake
NRC‐IRAP Internship Program with Innovative Small and Medium‐sized Enterprises (Youth Employment Strategy) Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Your firm will receive financial support towards the employment of post‐secondary graduates, who will work on technical opportunities in the firm and on non‐technical but technology related projects. YES http://irap‐pari.nrc‐cnrc.gc.ca/youthinitiatives_e.html Grant National Research Council Canada, Canada Department of Health and Human Resources • Any technology Young, youth, intern, job, employee, graduate, experience Canada Up to $15,000 Continuous Intake This program provides firms with support to hire post‐secondary graduates. Must begin a relationship with NRC‐IRAP * be a small or medium‐sized enterprise (SME) with less than 500 employees * be incorporated and for profit * wish to enhance its innovation capability * be willing to establish a trusting relationship with NRC‐IRAP. The salary of an eligible graduate. Maximum support provided will be $15,000 to help cover a part of the graduate's salary. Your firm is responsible for covering other expenses such as fringe benefits and overhead costs. *Job experience, skills training, professional development, likelihood of permanent placement. Your firm and an NRC‐IRAP Industrial Technology Advisor will develop and submit a project proposal. Upon commencement of the internship, the graduate will complete a brief survey to be submitted to NRC‐IRAP, which will highlight the graduate's strengths and weaknesses in the work environment. Continuous Intake
NRC‐IRAP Large Project Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Large projects between $100,000 and $350,000 can receive up to 50% funding. This funding will support projects designed to adapt existing technologies, advance unproven technologies, and large research and development projects to the proof of concept stage. IRAP http://www.irap.nrc.ca Grant National Research Council Canada • Any Industrial, Research, R&D, manufacturing, research and development. Canada Up to $175,000 Continuous Intake Provide support to small and medium‐sized enterprises (SMEs) in Canada in the development and commercialization of technologies and products. * "For profit" companies that are incorporated, legal Canadian entities with fewer than 500 employees. Subdivisions that operate as autonomous, stand‐alone profit/loss centers that have fewer than 500 employees may still apply even if their parent company employs more than 500 people in Canada. * You must have at least one technical employee drawing a salary and generating a T‐4 slip. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor.
Continuous Intake
NRC‐IRAP Medium Project Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Medium projects between $50,000 and $100,000 can receive up to 50% funding. This funding will support the same types of activities as the 'small' projects initiative. IRAP http://www.irap.nrc.ca Grant National Research Council Canada • Any Industrial, Research, R&D, manufacturing, research and development. Canada Up to $50,000 Continuous Intake Provide support to small and medium‐sized enterprises (SMEs) in Canada in the development and commercialization of technologies and products. * "For profit" companies that are incorporated, legal Canadian entities with fewer than 500 employees. Subdivisions that operate as autonomous, stand‐alone profit/loss centers that have fewer than 500 employees may still apply even if their parent company employs more than 500 people in Canada. * You must have at least one technical employee drawing a salary and generating a T‐4 slip. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor.
Continuous Intake
NRC‐IRAP Small Project Accelerated Review Process Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The National Research Council of Canada, through its Industrial Research Assistance Program (NRC‐ IRAP) provides support to small and medium‐sized enterprises (SMEs) in Canada in the development and commercialization of technologies and products. IRAP http://www.irap.nrc.ca Grant National Research Council Canada • Any Industrial, Research, R&D, manufacturing, research and development. Canada Up to $50,000 Continuous Intake Provide support to small and medium‐sized enterprises (SMEs) in Canada in the development and commercialization of technologies and products. incorporated, for‐profit firms with 500 or less full‐time employees, with a separate legal status and operating in Canada with the objective to grow and generate profits through the adoption, adaptation, development and commercialization of innovative or technology‐driven new or improved products, services or processes in Canada. * Small R&D projects limited in scope and nature * Assessment of technology needs for adoption of technology (e.g. ERP, Accounting systems, IT Systems, IT security audits, etc.) * Lean manufacturing/productivity studies * Technical feasibility studies * Design: product design, engineering design, design for manufacture * Prototype engineering * Engineering process analysis * Productivity enhancement studies * Development of business, sales and marketing plans and image creation (branding) * Development of e‐commerce enabled website (or upgrading of website) * Development of international strategies * Development of supply chain strategies * Competitive market research and competitive intelligence studies * Feasibility study/assessment for new service or product venture * Financial/corporate restructure for improved growth potential (e.g. investor readiness) * Intellectual Property (IP) assessment, planning and strategy assistance * First patent application (not CIPs nor other country filings) * Licensing and commercialization strategy * Research or technology evaluation‐related travel and living expenses * Diagnostics (business or technical) * Other projects not entirely technical in nature * covering projects with a maximum contribution of $50,000 from NRC‐IRAP; * covering up to 100% of internal labour and 75% of sub‐contractor fees; * providing a streamlined process for rapid turnaround; and, * providing a scope of eligible activities to include a wide range of technology, business and market oriented support. To be discussed with an IRAP advisor. To be discussed with an IRAP advisor.
Continuous Intake
NSERC Collaborative Research and Development Grants Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
CRD Grants support well‐defined projects undertaken by university researchers and their private‐ sector partners. Direct project costs are shared by the industrial partner(s) and NSERC. Projects may range from one year to five years in duration, but most awards are for two or three years. CRD http://www.nserc‐crsng.gc.ca/Professors‐Professeurs/RPP‐PP/CRD‐RDC_eng.asp Grant Natural Sciences and Engineering Research Council of Canada • Any Research, R&D, risk, university, commercialization, technology Canada Can be over $200,000 Continuous Intake The Collaborative Research and Development (CRD) Grants program is intended to give companies that operate from a Canadian base access to the unique knowledge, expertise, and educational resources available at Canadian postsecondary institutions and to train students in essential technical skills required by industry. The mutually beneficial collaborations are expected to result in industrial and/or economic benefits to Canada. * In general, an industrial partner is defined as a Canadian‐based business providing products or services which derives the majority of its revenues from the sale of these products and services and not from government aid. Such partners must be willing and able to exploit the research results for the economic benefit of Canada. * Multinationals may be eligible if they have commercial activities which take place in Canada, such as R&D or manufacturing related to the proposed research, and if the funded activity will result in significant economic benefit to Canada. * Foreign firms may be eligible as a partner, provided an eligible Canadian‐based industrial partner plays a major role in the project and will exploit the research results for the economic benefit of Canada. * An industrial partnership can consist of a single firm, an industrial association or producer group, a formal or informal consortium, or a grouping of these. In the case of consortia, financial support to the project derived from industrial sources can be leveraged and there must be active involvement in the research project from one or more member companies, or the consortium itself, if it can demonstrate the capacity to guide the project and disseminate the results for its member companies. * Public utilities. * Start‐up companies (companies in the R&D phase) that have sound business plans and secure financial backing may be accepted as industrial partners. However, they must demonstrate that they have, or have the potential to acquire, the capability to exploit the research results. *Direct project costs. The industrial partner must contribute to the direct project costs in an amount equal to, or greater than, the amount requested from NSERC. The industrial cash must be at least half of the NSERC request, with the balance provided as in‐kind contributions to the project by the industrial partner(s). NSERC will recognize only those in‐kind contributions that are fully documented and considered essential to carry out the work. F * Scientific merit * Research competence * Industrial relevance * Private‐sector support * Contribution to the training of highly qualified personnel * Benefit to Canada Proposals can be submitted at any time, using a Personal Data Form (Form 100), an Application for a Grant (Form 101), and an Information Required from Organizations Participating in Research Partnerships Programs (Form 183A). All proposals undergo peer review. Large or complex proposals (requesting $200,000 or more per year) are reviewed by a site visit committee. Those requesting $150,000 or more per year from NSERC are reviewed by a selection committee – the Advisory Committee on University‐Industry Grants (ACUIG). The ACUIG normally meets four times a year: in March, June, September, and December. Continuous Intake Decisions on funding CRD Grants are usually made within three to five months of receiving a complete application.
OCE CCR Embedded Executive Program Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The CCR embedded executive program provides companies with matching funds in order to pay for in‐house executives. No Website Grant Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Any Ontario Up to $30,000 Continuous Intake Fill critical business planning and strategy gaps in start‐up companies with the help of an embedded executive whose salary is partially funded by the program. TBD Salary costs of the embedded executive Up to $30,000 in matching funds to place someone temporarily into the role to overcome a gap in C‐ level management at start‐up companies. Credible business plan with strategic gaps that could be filled with advice from an embedded executive Project plan, milestone outline, business plan
Continuous Intake
OCE Champions of Innovation Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
OCE investments are made on a 12‐month renewable term, typically for up to two years, based on the financial return expected from the research outcomes. Annual investments in a Champions of Innovation project average $50,000. http://www.oce‐ontario.org/Pages/Rchamp.aspx Equity investment Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Any Innovation, technology, R&D, research Ontario Approximately $50,000 The Champions of Innovation initiative supports research and development of disruptive technologies that have the potential to create new markets and to provide the basis for new start‐ up companies. * A compelling business case for potential research outcomes. * Demonstrated interest by groups representing the industry that the technology will impact (e.g. sector associations, NGO) through an in‐kind contribution. * Intellectual Property arising from the project will be managed in accordance with the University/College/Hospital and Research Collaboration Agreements entered into with OCE. * Demonstrated talent development and training opportunities for students. * Potential to create a new market (therefore industry partnerships are not required). * Demonstrated potential benefit to the Ontario economy. Not Applicable OCE investments are made on a 12‐month renewable term, typically for up to two years, based on the financial return expected from the research outcomes. Annual investments in a Champions of Innovation project average $50,000. No information. No information.
No information. No information. No information.
OCE Collaborative Research Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
OCE's investment is determined by the support and commitment from the partners up to $200,000 per year with a maximum duration of three years. Typically, collaborative projects involve an annual OCE investment of $50,000 per year. http://www.oce‐ontario.org/Pages/Rcolla.aspx Equity investment Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Any Student, researcher, academic, institution, IP Ontario Up to $200,000 per year for 3 years. Continuous Intake The Collaborative Research initiative is designed to promote and harness innovative research partnerships between industry and Ontario universities, colleges or research hospitals. * Projects must include both private sector and academic partners. Public sector partners may also participate. * A critical component of the initiative will be talent development and training opportunities for students, post‐doctoral fellows and other highly qualified personnel within the project. * Intellectual Property arising from the project will be managed in accordance with the University/College/Hospital and Research Collaboration Agreements entered into with OCE. * Industry partner(s) make a cash and in‐kind contribution to the project that matches or exceeds that of OCE. The ratio of cash to in‐kind will depend on the participating firms and the project objectives. * Demonstrated potential benefit to the Ontario economy. Student salaries, travel expenses, some equipment. OCE's investment is determined by the support and commitment from the partners up to $200,000 per year with a maximum duration of three years. Typically, collaborative projects involve an annual OCE investment of $50,000 per year. Research caliber, industry support and relevance, student training. Application is handled by an OCE representative, in consultation with the research staff and the proposed industry partner. Continuous Intake
OCE First Job Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
The First Job initiative moves talented people from academia to industry. It makes it possible for companies to improve their ability to innovate by recruiting talented young researchers with significant academic experience. http://www.oce‐ontario.org/Pages/Tjob.aspx Grant Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Any Researcher, staff, job, employee, salary, pay, wage Ontario Up to $40,000 for established companies Up to $50,000 for start‐up companies. Continuous intake The First Job initiative moves talented people from academia to industry. It makes it possible for companies to improve their ability to innovate by recruiting talented young researchers with significant academic experience. These researchers bring leading‐edge scientific knowledge that helps companies increase their competitiveness and productivity. * The researcher has graduated with an advanced degree (Masters or PhD), preferably, within the last five years and is eligible to work in Canada. Holders of other post‐secondary credentials (Bachelors and college diplomas) are also eligible. * The applying company will be able to demonstrate that hiring the researcher will enhance their competitive position. 50% of the researcher's salary Successful applicants receive a grant of 50% of the recruit's salary (up to $40,000); start‐up companies are eligible for a grant of 80% of the recruit's salary (up to $50,000). Impact on industry partner: • Direct revenue (or revenue opportunity) • Cost Savings • New technology developments • New products/services/processes Development of Intern: • New skills and expertise • Retention of full‐time permanent All applications are internally and externally reviewed and consist of the form (3‐4 pages), the candidate’s CV and a letter of support from the company; Continuous intake
OCE Interact Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Interact projects may be initiated quickly, should be completed within six months and involve OCE investments up to $13,500. http://www.oce‐ontario.org/Pages/Rinteract.aspx Grant Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Any Ontario Up to $13,500 Continuous Intake The Interact initiative is designed to initiate new industry‐academic interactions that create collaborative research partnerships between industry and Ontario universities, colleges or research hospitals. * Address specific industry challenges. * Demonstrated potential to develop a lasting relationship between the company, the academic institution and OCE. * Intellectual Property arising from the project is to be managed in accordance with the University/ College/Hospital Collaboration Agreement. * Demonstrated talent development and training opportunities for students. * Demonstrated potential benefit to industry and academic partners as well as the Ontario economy. *Researcher salary costs. * Industry partner(s) make a cash and/or in‐kind contribution to the project that matches that of OCE. The amount of that contribution and the ratio of cash to in‐kind will depend on the participating firms and the project objectives. *Quaility of research contemplated. 2‐page introductory application document.
Continuous Intake
OCE Investment Accelerator Fund Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
Through investment of up to $500K, the IAF helps launch high potential technology ventures. IAF http://www.oce‐ontario.org/Pages/CInvest.aspx Equity investment Ontario Centres of Excellence, Ontario Ontario Ministry of Research and Innovation • Technology Technology, innovation, venture capital Ontario Up to $500,000 Continuous intake The Investment Accelerator Fund (IAF) is an early stage seed fund managed by the Ontario Centres of Excellence (OCE) that is designed to help Ontario based, start up and early stage technology companies bring their products and services to market. • Technologies or intellectual property (IP the company intends to commercialize must have unique and protectable aspects that establish a sustainable competitive advantage • The company must have unencumbered rights to commercialize the technology • The products and services the company intends to bring to market must meet a define market need and have a significant and sustainable advantage over competitors • The addressable market should be at minimum, $20 million • The management team must have the appropriate skills and domain expertise or willing to replace and augment the team as necessary • There must be a clear and plausible path to commercialization • The company should not have achieved significant revenue, excluding any pre‐commercialization revenue such as pilot project revenues, prototype sales, service contract revenue and any other non‐ sustainable streams • Intend for at least 50% of salaried employees to be based in Ontario • Recruitment of team members • Business development • Late‐stage product, process or service development • Implementation of a defined marketing or distribution strategy *Negotiated on a case‐by‐case basis *Commercial viability *Strength of innovation *Strength of business and marketing plan *Management team *Business plan and financial model
Continuous intake
OCE Market Readiness Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs
Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
Small‐scale funding for commercialization fo academic‐based innovation. http://www.oce‐ontario.org/Pages/Cmarket.aspx Grant Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Any Commercialization Ontario Up to $150,000 Continuous Intake 1) to determine whether a profitable market exists for the technology 2) to determine whether the technology should be commercialized through licensing to existing Ontario companies or through the creation of a new company 3) if the technology is to be licensed, to mature the technology and the IP ownership to a point where it can be formally licensed to an existing or new Ontario company 4) if the technology is to be the foundation of a new company, to bring that company to a level of development where private capital is prepared to invest Intellectual property developed at an Ontario college, university or research hospital. Funding can go to the institution or to a newly‐created spinoff. • Technology Assessment • Market Assessment • I.P. Protection • Prototype Development • Material Characterization • Proof of Concept Demonstration • Business Plan Development • New Company Start‐Up • Key Position Staffing Not Applicable *Commercial viability *Strength of innovation *Strength of business and marketing plan *Management team The inventor will work together with an OCE Business Development Manager to define the goals of the initiative and draft an application for review. The proposal must be approved by the academic institution's Office of Research, technology transfer office or equivalent Continuous Intake
OCE Martin Walmsley Fellowship Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
Awards the successful candidates $50,000 per year, for up to two years, to start a company. Second year funding is dependent on a satisfactory review of first year outcomes. http://www.oce‐ontario.org/Pages/cmartin.aspx Award Ontario Centers of Excellence, Ontario Ministry of Research and Innovation • Materials and Manufacturing • Communications and IT • Photonics • Earth and Environment • Energy Award, start‐up, seed, technology, entrepreneur, transfer Ontario Up to $50,000 per year for 2 years Applications for the Martin Walmsley Fellowship for Technological Entrepreneurship are accepted annually in the spring. Generally 2 prizes are awarded each year. The Martin Walmsley Fellowship for Technological Entrepreneurship is designed to support an academic innovator who is working to transfer technology developed with the support of Ontario Centers of Excellence into a new technologically innovative business (TIB) venture. * The candidate must be a Canadian citizen or permanent resident of Canada, committed to founding in Ontario a new TIB venture based on intellectual property developed with the support of Ontario Centers of Excellence. * The Fellowship is awarded to a researcher (e.g. faculty member, graduate student, post doctoral fellow) who has been associated with the development of this intellectual property. * The successful candidate will demonstrate the requisite motivation and skills to extract the proposed technology nugget from the research in which they have been engaged, conduct the necessary market research, develop a successful business plan, and lead others in the formation of a new TIB registered in Ontario. *Start‐up costs and costs directly attributable to the project. Not Applicable *Potential for wealth creation in strategic areas of Ontario's econmy. Applications for the Martin Walmsley Fellowship for Technological Entrepreneurship are accepted annually in the spring. Prospective applicants work closely on the application with the OCE Business Development Officer dedicated to the research project that originated the technology to be commercialized. Proposals are submitted to a Selection Committee consisting of technical and business experts. Applications for the Martin Walmsley Fellowship for Technological Entrepreneurship are accepted annually in the spring. Generally 2 prizes are awarded each year.
OGI Pre commercialization Business Development Fund Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
OGI's Pre‐commercialization Business Development Fund (PBDF) is a unique and useful investment fund that is helping to enable the economic impact of outcomes of genomics and proteomics research projects and technology development. http://www.ontariogenomics.ca/business‐development/pre‐commercialization‐business‐ development‐fund‐funding‐criteria Equity investment Ontario Genomics Institute • Genomics biofuel, cell, molecule, molecular, disease, therapeutics, diagnostic, environmental, laboratory, medical, device, neutraceutical, technology, Ontario Up to $100,000 There are generally several application opportunities throughout the year. The next opportunity will be in late fall of 2009 according to program administrators. * Create economic results from genomics and proteomics research; * Support scientific entrepreneurs; * Broker partnerships between academe and industry; and * Generate returns for future PBDF investments. *Companies and academic institutions may apply. *R&D Costs *100K investment, matching fund requirement, current terms are a convertible debenture at 15% interest, 20% discount on conversion – these terms may change in subsequent funding rounds. The PBDF ranks opportunities in terms of the extent to which they meet the following criteria: * The investment increases the likelihood of a near‐term (i.e., within 24 months), 'next‐step' event by offering concrete, definitive milestone(s) and uniquely enables rapid progress towards the marketplace for the outcome(s) of genomics‐related technologies. * The opportunity forges a partnership between academe and industry. * The proposal demonstrates that the PBDF represents a unique funding opportunity for the project. * The applicant provides a matching investment in cash or in kind, whether from internal resources or other investors or from granting institutions. * The opportunity is of interest to an entity capable of and committed to further commercializing the outcome. Step 1: Complete applications submitted • OGI and Board Commercialization Committee (BCC), a subset of OGI’s Board of Directors, review application forms for early go/no go decision. • Feedback provided to all applicants. • Subset of opportunities move forward to Due Diligence. Step 2: Due Diligence Process • All applicants that move onto this stage of evaluation are required to review the investment term sheet in advance and agree to the standard terms. • After initial go ahead, due diligence by OGI and external experts (if required) will focus on the development plan, intellectual property, the market, competition and management. Step 3: Review and Decision • Due Diligence findings presented to the BCC for review. • Detailed feedback, including expert opinions, provided to all applicants whose proposals undergo Due Diligence. • Subset of opportunities selected to move on to negotiation phase. Step 4: Negotiate & Invest • OGI negotiates final investment agreement. There are generally several application opportunities throughout the year. The next opportunity will be in late fall of 2009 according to program administrators. 3 to 6 months
OGI Technology Seeding Fund Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
These strategic investments finance advances in present technologies, as well as ventures into newer, leading‐edge technologies in genomics and proteomics. http://www.ontariogenomics.ca/ogi‐sponsored‐genomics‐technology‐seeding‐program‐charter • Genomics biofuel, cell, molecule, molecular, disease, therapeutics, diagnostic, environmental, laboratory, medical, device, neutraceutical, technology, Ontario Up to $10,000 1 proposal is funded every quarter * To acquire a novel and/or leading‐edge technology/tool for genomics platforms; * To catalyze capacity‐building activities in Ontario; * To enhance breadth, depth, quality and efficiency of service at the facilities; and, * To ascertain the potential of new technologies. To be eligible, the technology being considered must be: * closely aligned with and used for genomics (large‐scale, systematic, and holistic) strategies in the life sciences; * leading edge and/or provide a price advantage; * be likely to create ‐‐ through familiarity with it and the data it generates ‐‐ a significant, new advantage for Ontario scientists; and, * unique and unavailable elsewhere in Ontario. To be eligible, Genomics Platforms must be: * Ontario‐based and funded by Genome Canada; or, * Ontario‐based and a member of OGI's Platform Affiliate Program No Information. No information. No information. *Online application form
1 proposal is funded every quarter
OMDC Entertainment and Creative Cluster Partnerships Fund Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
The Entertainment and Creative Cluster Partnerships Fund (the Partnerships Fund) is a program of the Ministry of Culture and is co‐administered by the Ontario Media Development Corporation. The Fund assists Ontario’s Entertainment and Creative Cluster stakeholders in the commercial theatre, film and television, interactive digital media, music, book and magazine industries by supporting strategic partnerships that develop fresh approaches and solutions to the priorities and needs of the cluster. http://www.omdc.on.ca/Page3231.aspx Ontario Media Development Corporation • Book Publishing • Commercial Theatre; • Film Production • Interactive Digital Media • Magazine Publishing • Music Companies • Television Production Media, publishing, entertainment, film, video, magazine, music, television Ontario Minimum applications for $25,000, no maximum funding limit. 23‐Sep‐09 To support Ontario's media and entertainment industry development. • As the Fund is partnership‐based, each application requires the involvement of a minimum of two partners from the following list of Eligible Organizations: • Recognized industry trade associations. (see note below) • A consortium of three or more non‐associated companies (see Appendix A – Definition of “Associated Companies""). The primary business (measured by revenues or share of staff resources) of each company must be the creation and exploitation of media content. (see note below) • Colleges, universities and recognized training institutions with existing or proposed programs that are relevant to research, innovation or workforce training in the cluster. • Industry‐recognized festivals, conferences and congresses attended by professionals. • Creator organizations such as arts service organizations, guilds, professional associations (as Secondary or Additional Partners only.) Eligible Organizations must meet the following criteria: • Companies: minimum sales revenue of $100,000 (for at least one company in a consortium); • Companies: primary business is in the creation and exploitation of media content; • Recognized industry trade associations: minimum Ontario membership of 25 companies; • Be an Ontario‐based organization1; • Be a Canadian‐owned and ‐controlled organization2; • Be incorporated in Ontario or federally; • Be able to demonstrate the capacity and expertise to carry out the proposed project; • Be in a sound financial position at the time of application and deemed to be an ongoing entity; • Trade associations need to provide evidence of Board support and authorization of the project; • Be in good standing with OMDC at time of application submission; • Colleges, universities and recognized training institutions may apply as the Primary Partner provided participation of one trade association or a consortium of companies is demonstrated; and • Industry‐recognized festivals, conferences and congresses may apply as the Primary Partner provided support is given from a recognized industry trade association. Festivals, conferences and congresses primarily attended by the general public are not eligible to apply as the Primary Partner. *Capacity Building *Business Innovation *Domestic and global marketing *Skills development While there is no maximum funding request there is a minimum funding request of $25,000. Project proponents are encouraged to make an effective business case for the level of funding appropriate to the scope and goals of the project and to follow these budget and financing guidelines: • The funding will be capped at 70% of the total budget with the following exception: o Trade organizations may utilize OMDC Trade Organization funding to a maximum of 25% of total budget.
Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
• The applicant contribution or project financing required in addition to the Partnerships Fund’s contribution may include cash and in‐kind sources. Please note, in‐kind must not exceed 50% of the applicant contribution. • Budget allocations towards capital expenditures such as equipment purchase will be allowed to a maximum of 25% of the total budget. Demonstration of innovation and creative approaches to common challenges facing Ontario’s Entertainment and Creative Cluster companies and organizations; • Transferability of results and/or benefit to stakeholders in the cluster; • Opportunity for enhanced productivity and growth; • Potential for commercial success and revenue generation; • Job creation/retention; • Clearly defined project plan including activities, goals and measurable outcomes; • Feasibility of the project with respect to budget, financing and production schedule; • Track record of the applicant companies; • Viability of the partnership; and • Leveraging of other contributions. • Potential applicants will consult with OMDC at the outset of the project planning stage. First contact must be made with the Program Coordinator who will refer applicants to the appropriate OMDC Consultant. The Consultant will then review the project, partnership structure, proposed budget and financing plan with the applicant to determine if eligibility requirements have been met. The applicant will then be Pre‐ Qualified to submit an application to the program. All applicants must be Pre‐Qualified to apply to the program. Deadline for Pre‐Qualification is Wednesday, September 9, 2009 however applicants are encouraged to contact OMDC as soon as possible to go through the process. • Potential applicants are strongly encouraged to attend one of the two planned Information Sessions. • Applications will be assessed for completeness and eligibility by OMDC/MCL staff immediately following the deadline of September 23, 2009. • OMDC/MCL will forward recommendations to the jury. • All applications that meet program eligibility will be forwarded to the jury. • It is anticipated the jury will make decisions in December, 2009. 23‐Sep‐09 No Stacking Limitations
OMDC Export Fund ‐ Interactive Digital Media Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
The OMDC Export Fund will cover up to 50% of a participating company’s eligible expenses to engage in export development activities between August 1, 2009 and August 31, 2010 as part of a comprehensive export development plan. http://www.omdc.on.ca/Page3222.aspx Grant Ontario Media Development Corporation • Media • Digital Media • New Media • Interactive digital media Media, Digital Media, New Media, Interactive digital media Ontario Up to $12,000 22‐Jun The OMDC Export Fund will provide eligible Ontario companies with funding to participate in export development activities that correspond to a strategy for company growth. A funded company may be asked to produce receipts to demonstrate actual expenses. This program is open to export‐ready film and television producers, music companies, book publishers and interactive digital media content producers. The applicant must: • be Ontario‐based and Canadian‐controlled; • be incorporated; • be a small‐ to medium‐sized, private sector, for profit company; • have been in operation in Ontario for at least one year; and • have an export development plan for a slate of products or projects with defined, achievable and measurable business development goals. • be primarily a screen‐based content creation company (as opposed to a creator of applications, tools, technology, hardware, etc.); • be able to demonstrate that at least 50% of its revenue averaged over a two year period can be attributed to the creation of complete screen‐based content products; and • have demonstrated in‐house expertise in the creation of content for interactive platforms, networks or devices (video games, mobile content, eLearning content, convergent projects, etc.). Eligible export development activities include attendance at key industry markets and events, planned sales trips to key territories to meet with identified leads and participation in trade missions organized by industry associations and government agencies. Proposed activities must take place outside of Canada. There is no limit on the number of activities that a company may include and companies are advised to submit all of the export development activities that they will be participating in during the period covered by the program to provide an accurate picture of their overall export development plan. At least one of the activities must involve participation in an event organized by a third party (i.e. a recognized market or conference). Participating companies are eligible to receive up to $12,000 capped at 50% of the total costs for all activities. • company track record including an assessment of export readiness, prior results and previous performance in OMDC programs • objectives for proposed activities and strength of company’s export development plan • defined, achievable and measurable business development result projections and anticipated impact of export activities on company growth • suitability of proposed activities • suitability of project or product slate for international markets • Signed and completed application form • Company overview and a summary of previous experience attending international • Outline of company’s overall export development plan • Name and description of planned export activity including:
Application Deadlines Processing Time Notes
• Location • Dates of activity (i.e. dates for the market, conference or event that will be attended) • Dates of travel (i.e. dates for entire business development trip including additional days if representative is attending meetings in advance of or after the market, conference or event) • Activity website • Company’s history participating in the activity • Rationale and objectives for participating in the activity including a list of current interactive digital media content projects that are relevant to the activity • An explanation if travel dates are extended beyond the official dates of a scheduled event • List of potential business meetings and/or contacts • Completed OMDC Export Fund budget template • Summary of current interactive digital media content projects related to the company’s export development plan 22‐Jun Companies that are eligible to receive support through both the OMDC Export Fund ‐ Film and Television and the OMDC Export Fund ‐ Interactive Digital Media may only receive a maximum of $12,000 per deadline. “Double dipping” is not permitted.
OMDC Interactive Digital Media Fund Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria
The OMDC Interactive Digital Media (IDM) Fund is designed to provide Ontario interactive digital media content companies with access to the final piece of funding required to move their content projects into production. Successful applicants will receive a non‐refundable contribution of up to $150,000 to a maximum of 50% of the project budget to create a market‐ready interactive digital media content product. http://www.omdc.on.ca/PageFactory.aspx?PageID=3215 Grant Ontario Media Development Corporation • Media • Digital Media • New Media • Interactive digital media Media, Digital Media, New Media, Interactive digital media Ontario Up to $150,000 11‐May • to support the creation of high quality, original, interactive digital media content products by Ontario companies; • to assist in capitalizing Ontario‐based interactive digital media content production companies; • to provide flexible funding options that support partnerships between Ontario interactive digital media companies and companies from other creative cluster industries; and • to contribute to the financing of projects that make a positive contribution to the Ontario economy. Must spend 2X OMDC contribution in Ontario. To be eligible to submit an application for the OMDC IDM Fund a company must: • be a screen‐based company that is involved in the creation of complete content products; • have demonstrated in‐house expertise in the creation of content for interactive platforms, networks or devices; • be an Ontario‐based organization; • be a Canadian‐owned and ‐controlled organization; • be incorporated in Ontario or federally or willing to incorporate immediately if their application is successful; • be a private sector, for profit organization; • be in a sound financial position at the time of application and deemed to be an ongoing entity with a plan to continue creating interactive digital media content products; and • be in good standing with OMDC at time of application submission. • be intended to be experienced by the end user on a digital media platform, network or device that is capable of interactivity and allows users to make decisions and have control over the content and the form and sequence in which it is presented through browsing, searching, selecting and making choices which has an impact on the user’s experience of the content; • be complete with an intention to release the project via an interactive digital media platform, network or device as the primary distribution channel; • be intended for a consumer audience; • be intended for use by individuals or groups of individuals; • be intended to educate, inform or entertain; • consist of a combination of at least two of text, sound (music, sound effects, voice, etc.) and images (pictures, animations, video, etc.); and • be suitable for commercial exploitation. Development and production costs directly attributable to the project Successful Applicants will receive a non‐refundable contribution of up to $150,000 to a maximum of 50% of the budget which is drawn down during the course of the program, triggered by pre‐determined deliverables as follows: • 75% on execution of the OMDC agreement; • 15% on delivery of an interim report and interim meeting with program administrators; and • 10% on delivery of the completed project and all deliverables outlined in the contract. • Track record of the applicant company and production team • Benefit to the Ontario economy ‐ opportunity for enhanced company revenue and growth, Ontario labour spend, leveraging of other contributions, value of Ontario expenditures • Feasibility of the project with respect to budget, financing, production schedule and technology
Application Documentation and Process
Application Deadlines Processing Time Notes
• Quality, originality and creativity of the project • Potential for commercial success and revenue generation • Table of contents. • Completed and signed application form. • Detailed project description including a summary of the status of the project at time of application and a list of proposed deliverables. • Design and technical specification document including a flow chart and outline of the content structure, a summary of the various project components (activities, features, modules, etc.), a description of the user experience, a list of technical requirements and storyboards or other visual representations of the project where applicable. • Detailed budget and financing plan in industry standard format that conforms to standard industry caps and thresholds and OMDC IDM Fund requirements. Please see OMDC IDM Fund Budgeting and Financing Guidelines. • Production schedule with a critical path and key milestones. • Applicant company profile including descriptions of relevant projects completed to date and a demonstration of track record and plans for future interactive digital media content production. • List of key production staff and company management with current titles. • Detailed resumes/profiles for key production staff and company management. • Financing letters confirming any committed financing and deferrals, discounts and other in‐ kind/non‐cash contributions. Financing from the applicant company must be supported with a statement from a financial institution that demonstrates that the money is available at the time of application. Please see OMDC IDM Fund Budgeting and Financing Guidelines for additional requirements regarding financing letters. • Evidence of applicant company’s or eligible partner’s ownership of the project (chain of title documentation). • Articles of incorporation. • List of shareholders detailing ownership share, citizenship and province of residence and a list of all officers and directors. • Financial statements for the past two fiscal years (if available). • Business and marketing plan including a description of the target market and revenue model, an assessment of the potential for commercial success and two year revenue projections. Where possible please include letters and/or agreements that confirm interest and proposed terms from third‐party distributors or equivalent. • A description of how this project makes a positive contribution to the growth of your company and the Ontario economy (enhanced company revenue, number of Ontario jobs created or retained, leveraging of other contributions, value of Ontario expenditures, etc.) • Completed Schedule of Minimum Ontario Expenditures summarizing total Ontario expenditures for labour and non‐labour budget categories. 11‐May 10 weeks
OMDC Ontario Interactive Digital Media Tax Credit Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process
The OIDMTC is calculated as 40%* of eligible Ontario labour expenditures and eligible marketing and distribution expenses incurred after March 26, 2009 by qualifying corporations http://www.omdc.on.ca/Page3400.aspx Ontario Media Development Corporation • Media • Digital Media • New Media • Interactive digital media Media, Digital Media, New Media, Interactive digital media Ontario 40% of eligible Ontario labour expenditures and eligible marketing and distribution expense The OIDMTC is a refundable tax credit, which means that the amount of the credit, less any Ontario taxes payable, will be paid to the qualifying corporation. The OIDMTC is based upon the Ontario labour expenditures and eligible marketing and distribution expenditures claimed by a qualifying corporation with respect to eligible products. A qualifying corporation is a Canadian corporation (that is Canadian or foreign‐owned), that develops an eligible product at a permanent establishment in Ontario operated by it, and files an Ontario tax return. A qualifying small corporation meets these criteria as well, and had during the preceding taxation year (on an associated company basis) neither annual gross revenues in excess of $20 million nor total assets in excess of $10 million. To be eligible for the OIDMTC a product must be an interactive digital media product whose primary purpose is to educate, inform, or entertain, and that achieves its primary purpose by presenting information in at least two of: (i)text, (ii)sound and (iii) images. Types of interactive digital media products that may be eligible for the tax credit include but are not restricted to games, educational and informational products. The credit may be claimed with respect to qualifying Ontario expenditures which include eligible labour expenditures and marketing and distribution expenditures. Eligible labour expenditures are 100% of salaries and wages for employees and 100%* of remuneration incurred after March 26, 2009 and paid to arm’s length persons who are not employees. “Persons” may include individuals, partnerships and corporations. For eligible remuneration expenditures incurred prior to March 26, 2009 see chart below. Eligible Labour expenditures must also be paid to individuals resident in Ontario, directly attributable to the development of the eligible product, and paid for services rendered at a permanent establishment in Ontario. For those products completed after March 25, 2008 eligible labour expenditures incurred in the three year period prior to the completion of the product can be included in the OIDMTC claim. For products completed prior to March 26, 2008 eligible labour expenditures incurred in the two year period prior to completion can be claimed. Up to $100,000 of eligible marketing and distribution expenditures related to an eligible product can be included. Eligible marketing and distribution expenses are those incurred in the 24‐month period prior to the completion of the eligible interactive digital media product, and those incurred in the twelve months following the completion of the product. Expenditures that have already been claimed as eligible Ontario labour expenditures cannot be claimed as marketing and distribution expenditures. The OIDMTC is calculated as 40%* of eligible Ontario labour expenditures and eligible marketing and distribution expenses incurred after March 26, 2009 by qualifying corporations, regardless of size of corporation, to create eligible interactive digital media products in Ontario. Not applicable o Application form o Application Fee o Taxpayer Authorization Form o Incorporation Documents o Corporate chart o Consolidated annual financial statements o OIDMTC corporate declaration o Chain of title documentation
Application Deadlines Processing Time Notes
o Description of product development o Production schedule o Business marketing plan o Names of individuals working on project o Financing plan o Financing contracts o Cost report o Eligible marketing and distribution expenses o Copy of completed product
OMDC Ontario Sound Recording Tax Credit (OSRTC) Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount
Application Intake
Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria Application Documentation and Process
Application Deadlines
The Ontario Sound Recording Tax Credit (OSRTC) is a refundable tax credit based upon eligible production and marketing costs incurred by a qualifying corporation with respect to an eligible Canadian sound recording. The OSRTC is calculated as 20% of qualifying expenditures incurred by an eligible sound recording company with respect to an eligible Canadian sound recording by an emerging Canadian artist or group. http://www.omdc.on.ca/Page3398.aspx Tax Credit Ministry of Culture ‐ Ontario Media Development Corporation •Music •Media •Entertainment, •Sound recording •Music video Music, media, entertainment, sound, recording, sound recording, music video, artist Ontario The OSRTC for an eligible sound recording is equal to 20% of qualifying expenditures for a taxation year less “government assistance”. Once the eligible sound recording has been completed and before the end of the taxation year. Support Ontario music artists. An eligible sound recording company is a Canadian‐controlled corporation having carried on a sound recording business in Ontario for at least 12 months as a corporation or, prior to incorporation, as a sole proprietor or partnership.* An eligible sound recording company must earn more than 50% of its taxable income in Ontario for the preceding taxation year and more than 50% of the company’s business must be related to sound recording activities. An eligible sound recording company must have implemented a distribution plan (a plan to market the recording) for at least one sound recording in the preceding taxation year. An eligible sound recording company must enter into contracts with its artists and must bear the financial risks associated with its business or be related to a company that bears the risks. 1. These expenditures include artists’ royalties and musicians’ session fees, graphics (including artwork, photography, layout and colour separations), software, digital scanning, programming and beta testing. 2. Production of a qualifying music video (as described in subsection (12)) for the recording. These expenditures include rehearsal costs. 3. Direct marketing of the recording ( fees for consultants and salaries and wages for employees whose primary function is public relations or marketing). 4. The following launch costs (Rental costs for sound and light equipment and for facilities; The amount of expenses for food, beverages and entertainment that is determined under section 67.1 of the Income Tax Act (Canada); Event planning services; The design, printing and mailing of invitations; Security; Business location permits and licenses; Photography; Promotional gifts and souvenirs; 50 per cent of the expenditures that are not qualifying expenditures under paragraphs 2 and 3 solely because they are expenditures on account of property used outside Ontario or services provided outside Ontario; Expenditures for the repayment of government assistance to the extent that the assistance reduced the amount of the tax credit for the recording that would otherwise have been available to the recording company for a prior taxation year. The OSRTC for an eligible sound recording is equal to 20% of qualifying expenditures for a taxation year less “government assistance”. Satisfaction of eligibility criteria When a Certificate of Eligibility is applied for, the applicant must submit to the OMDC a completed Application Form, the company’s most recent financial statement, a copy of the sound recording, and the documents set out in the OSRTC Documents Checklist (see Appendix 2). In some cases the OMDC may require additional documentation or information in order to issue a Certificate of Eligibility. Corporations must then submit their certificate of eligibility to the CRA along with their annual tax filing. Once the eligible sound recording has been completed and before the end of the taxation year.
Processing Time Notes
Ontario Apprenticeship Training Tax Credit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The ATTC reimburses corporations and unincorporated businesses 25 per cent of eligible expenditures paid or payable after May 18, 2004 and before January 1, 2015, up to a maximum tax credit of $5,000 per qualifying apprentice per taxation year. For corporations and unincorporated businesses that have total salaries and wages for the previous taxation year of $400,000 or less, the rate of the tax credit is increased to 30 per cent. http://www.edu.gov.on.ca/eng/tcu/employers/taxcredit/calculator.asp Tax Credit Ontario Ministry of Revenue •Skilled trades Job, Apprentice, Intern, Staff, Student, Graduate, Employee, Employment Ontario Up to $5,000 per apprentice per year The 2004 Ontario Budget announced a new refundable tax credit for corporations and unincorporated businesses employing apprentices in certain skilled trades during the first 36 months of an apprenticeship program. *Corporations with permanent establishments in Ontario subject to Ontario corporate income tax are eligible. * All proprietors filing Ontario personal income tax returns whose unincorporated business has a permanent establishment in Ontario are eligible. *A corporation or unincorporated business that pays a fee to an employment agency for the services of an apprentice is deemed to be the eligible employer and to employ the apprentice, not the employment agency. As well, the corporation or unincorporated business is deemed to be participating in the apprenticeship program with the apprentice, not the employment agency. *Members of a partnership may share the ATTC for each qualifying apprenticeship. Limited partners are not entitled to this credit; however, the general partners of a limited partnership are entitled to share the credit. *A qualifying skilled trade is an apprenticeship trade that is regulated under the Apprenticeship and Certification Act, 1998 or the Trades Qualification and Apprenticeship Act and has been designated by the Minister of Finance. See Appendix A for a list of qualifying skilled trades. *Eligible expenditures are salaries and wages, including taxable benefits (i.e., amounts reported on the apprentice's T4 slip) paid or payable to an apprentice in a qualifying skilled trade for services performed by the apprentice for the corporation or unincorporated business after May 18, 2004 and before January 1, 2015. *Eligible expenditures also include fees paid or payable to an employment agency by a corporation or unincorporated business for services performed by the apprentice in a qualifying apprenticeship after May 18, 2004 and before January 1, 2015. *All eligible expenditures must be for services provided by the apprentice to the eligible employer during the first 36 months of the apprenticeship program. All eligible expenditures must be attributable to an Ontario permanent establishment (place of business) and must be reasonable in the circumstances. Not Applicable Not applicable Corporations may claim the tax credit on Schedule 114 of their CT‐23 or CT‐8 tax return.
Ontario BioAuto Council Summary
Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process
The council will partner with existing companies for projects valued up to $2 million. Funding will be geared towards securing Ontario’s global leadership in product development from renewable feedstocks. Priority will be given to the commercialization of near market‐ready products and processes. http://www.bioautocouncil.com/funding.aspx Equity investment The Government of Ontario •Biogas and biofuels •Green/renewable energy biogas, biofuel, bioproduct, automobile, green, environmental, automotive, feedstocks, agriculture, energy Ontario from $150 000 to $1 million, to a maximum of 50% of eligible project costs. Applications for funding are accepted the first business day of every month. Commercialization is expected before March 31, 2010. The Ontario BioAuto Council aims to ensure Ontario companies lead the green evolution of biomaterials – especially when it comes to bioplastics, biocomposites and other materials headed for the auto sector. Proposals must be for bio‐based product or process commercialization resulting in product sales. Participants must adequately demonstrate their financial ability to carry out the project. Publicly funded research centers, government agencies, universities and colleges are not eligible applicants. Requested funding should fall in the range of $150 000 to $1 million Projects must be led by a company located in Ontario. BioAuto funding can only support eligible expenditures of Ontario participants. Participants must be a for‐profit entity. 1. Direct labour 2. Benefits 3. Overhead 4. Direct materials 5. Consultants and sub‐contractors 6. Equipment 7. Rentals Ontario BioAuto Council will invest up to 50% of the total project costs. Participants are expected to contribute at least 25% of the project value as cash with the remaining matching contribution as eligible in‐kind (see appendix for eligible in‐kind contributions). Other sources of project funding are encouraged and their presence will make the project more attractive for Ontario BioAuto Council funding. What will be the benefits to Ontario? How can an investment from the BioAuto Council help your business? What will be the other sources of funding for the project? Applicants must declare if other provincial funds will be used as part of the matching contribution. One‐page executive summary that clearly communicates the project goals and timeline Bio‐based product description – with reference to literature review and competitive analysis (to be included as appended material) Description of IP strategy (if applicable) Market plan and analysis – the applicant is expected to demonstrate that the participants have an in‐depth understanding of the market opportunity for the bio‐ based product, based on sound market intelligence, including the scope and scale of markets and customer needs Sales forecasts Organization chart and bios for staff to be involved with the project Current and historical (3 years) audited financial statements (to be included as appended material) Project budget – provide a detailed breakdown of the total expenditures expected for the project outlining participant contributions – in‐kind and cash – and
Application Deadlines Processing Time Notes
requested contribution from BioAuto Council Applications for funding are accepted the first business day of every month. Commercialization is expected before March 31, 2010.
Ontario Business Research Institute Tax Credit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The OBRITC provides a qualifying corporation with a 20% refundable tax credit for a scientific research and experimental development (SR&ED) expenditures incurred in Ontario under an eligible contract with an eligible research institute (ERI) OBRITC http://www.rev.gov.on.ca/english/credit/obritc/ Tax Credit Ministry of Revenue •Any Research, researcher, institution, college, university Ontario Up to $4 million To foster world‐class research institutions in Ontario and to promote partnerships between business and Ontario non‐profit research institutions. 1. carries on business in the taxation year through a permanent establishment in Ontario and is not exempt from tax under the CTA, 2. enters into, or is a member (other than a specified member) of a partnership that enters into an eligible contract with an ERI (see section 3 below), 3. is not connected (see below) to the eligible research institution (ERI) which carries out any part of the OBRI qualifying research, 4. is not controlled directly or indirectly at any time during the 24‐month period before the eligible contract was entered into by: 1. a trust, a beneficiary of which was an ERI that is a party to the eligible contract or which performed SR&ED under the eligible contract, or 2. a corporation carrying on a personal services business. Scientific research and experimental development expenditures (SR&ED) incurred in Ontario under an eligible contract with an eligible research institute (ERI). The maximum tax credit a corporation or an associated group of corporations can claim is $4 million. Small businesses may claim the 20 per cent OBRI tax credit in addition to the 10 per cent Ontario Innovation Tax Credit for a combined tax credit of 30 per cent of qualifying expenditures. Not Applicable Complete Corporations Tax Form CT23. Schedule 198
Small businesses may claim the 20% OBRITC in addition to the 10% Ontario Innovation Tax Credit for a combined tax credit of 30% of qualifying expenditures.
Ontario Co‐Operative Education Tax Credit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
An eligible employer may claim a refundable tax credit for each qualifying work placement ending in the tax year equal to the lesser of: 10% to 15% of eligible expenditures made for the work placement and $1,000. http://www.rev.gov.on.ca/english/credit/cetc/ Tax Credit Ministry of Revenue •Any Salary, Support, Job, self‐employed, pay, benefit, student, graduate, co‐op, placement Ontario Up to $1,000 The Co‐operative Education Tax Credit (CETC) is a refundable tax credit available to employers who hire students enrolled in a recognized Ontario university or college co‐operative education program. * have a permanent establishment located in Ontario, and * be subject to Ontario income tax, and * incur eligible expenditures associated with hiring co‐op students enrolled in an Ontario university or college. Eligible expenditures are the following expenditures made by a business in respect of a qualifying work placement: * Salaries and wages including taxable benefits (i.e., the amounts reported on the T‐4 slip) paid or payable to the student in respect of the qualifying work placement. The student's remuneration must be attributable to an Ontario permanent establishment (place of business). * Fees paid or payable to an employment agency in respect of the qualifying work placement for the services of a student carried out primarily at an Ontario place of business. Not Applicable Not applicable Claim your tax credit on form ON479, Ontario Credits included in your federal income tax return.
Ontario Computer Animation and Special Effects (OCASE) Tax Credit Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount
Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time
The OCASE Tax Credit is calculated as 20% of the eligible Ontario labour expenditures incurred by a qualifying corporation with respect to eligible computer animation and special effects activities. OCASE http://www.omdc.on.ca/Page3402.aspx Tax Credit Ministry of Culture ‐ Ontario Media Development Corporation •Animation •Media •Digital media •New media •Interactive media Media, Digital Media, New Media, Interactive digital media, animation, special effects, computer generated animation, computer animation, CG Ontario The OCASE Tax Credit is calculated as 20% of the eligible Ontario labour expenditures incurred by a qualifying corporation with respect to eligible computer animation and special effects activities. There is no cap on eligible Ontario labour expenditures. *To enhance the competitiveness of Ontario's computer animation industry, create jobs and bring computer animation business to Ontario. A qualifying corporation is a Canadian corporation that is Canadian or foreign‐owned, has a permanent establishment in Ontario and files an Ontario corporate tax return. Qualifying corporations may include animation or visual effects houses, post‐production houses and film and television production companies which perform eligible computer animation and special effects activities. Eligible computer animation and special effects activities include designing, modeling, rendering, lighting, painting, animating and compositing but do not include activities that are scientific research and experimental development. a) salaries and wages (i.e., amounts paid to employees) directly attributable to eligible activities carried on by the qualifying corporation, that are paid to Ontario residents (individuals resident in Ontario at the end of the previous calendar year) who report to a permanent establishment of the qualifying corporation in Ontario at which the eligible activities are carried out; b) 50% of remuneration paid to freelancers who are individuals or partnerships for qualifying expenditures incurred before March 26, 2009; and c) 100% of remuneration paid to freelancers who are individuals, partnerships, or arm’s‐length incorporated individuals, for qualifying expenditures incurred after March 26, 2009.* The OCASE Tax Credit is a refundable tax credit which means that the credit will be refunded to the qualifying corporation, net of any Ontario taxes payable by the qualifying corporation. Claims for an OCASE Tax Credit are subject to audit by the Corporations Tax Branch (CTB). The Corporations Tax Branch (CTB), Ministry of Revenue verifies residency and may request proof of payment for labour claimed for purposes of the OCASE Tax Credit. Companies submit the following information to the OMDC for a certificate of eligibility which is then submitted to the CRA alongside the company's corporate tax return. o Application form o Taxpayer authorization form o Admin fee o Incorporation documents o Corporate chart o Contract with the producer o List of employees o Production schedule o Description of production process o Breakdown of prescribed cost amounts o Breakdown of eligible Ontario labour expenditures o Financing plan o Copy of completed animation
Notes
Ontario Innovation Tax Credit Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The OITC is a 10% refundable tax credit for corporations that make expenditures on scientific research & experimental development (SR&ED) carried on in Ontario. OITC http://www.canadabusiness.ca/servlet/ContentServer?cid=1085667967192&pagename=CBSC_ON/ display&c=Finance Tax Credit Ministry of Revenue •Any SR&ED, research, experimentation, R&D, development Ontario Up to $200,000 per taxation year To support Ontario innovation R&D The credit is available to all public and private corporations with permanent establishments in Ontario. Only expenditures for scientific research & experimental development carried on in Ontario, for which the taxpayer is eligible for federal (SR & ED) investment tax credit, qualify for the OITC. Only expenditures for scientific research & experimental development carried on in Ontario, for which the taxpayer is eligible for federal (SR & ED) investment tax credit, qualify for the OITC. * The OITC is calculated at 10% of qualifying expenditures * Maximum claim is $200,000 per taxation year * Qualifying expenditures are 100% of current expenses such as salaries and wages, and 40% of capital expenditures; OITC is available on qualifying SR&ED expenditures to a maximum of $2 million annually Not Applicable To claim the OITC, corporations must complete the OITC claim form, file the Ontario corporate tax return (CT23 or CT8) and enter the amount on line 191. To ensure quick identification of the claim, provide a copy of the related federal schedules (T2 SCH 31 and T661).
Ontario Job Creation Partnerships Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Ontario Job Creation Partnerships is an employment program that provides work experience to unemployed job seekers within projects that benefit the community or local economy. http://www.edu.gov.on.ca/eng/tcu/employers/jobCreation.html Grant Service Canada •Any Job, Apprentice, Intern, Staff, Student, Graduate, Employee, Employment Ontario Approximately $400/week Continuous Intake At the end of their participation, participants in the program will have recent work experience and additional skills to add to their résumés, increasing their chances of successfully finding long‐term employment. *Finite projects, incremental to the sponsors normal activities * Projects must provide a benefit to the community or the local economy * Projects must provide participants with a meaningful work experience . *Salary Not Applicable Projects are assessed on the extent to which they benefit the community or local economy. *Telephone consultation and application form.
Continuous Intake
Ontario New Technology Tax Incentive Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The Ontario New Technology Tax Incentive (ONTTI) allows a 100% immediate write‐off of the eligible cost of qualifying intellectual properties acquired in the course of an intellectual property transfer. http://www.rev.gov.on.ca/english/credit/ontti/ Tax Credit Ontario Ministry of Revenue •Intellectual property transactions Technology Ontario Introduced in the 1997 Ontario Budget, the ONTTI encourages the development and transfer of new technology. *The corporation must carry on business in Ontario. *Qualifying intellectual property is a patent, a license, a permit, know‐how, a commercial secret, a process, a formula or other similar property constituting knowledge. The eligible costs of qualifying intellectual properties are included in a Class 12 capital cost allowance (CCA) pool and allowed as a 100% deduction from income in the year of acquisition. The eligible costs of qualifying intellectual properties are included in a Class 12 capital cost allowance (CCA) pool and allowed as a 100% deduction from income in the year of acquisition. The expenditure limit for a taxation year is $20 million. A taxpayer's total ONTTI deduction for a taxation year is equal to the total amount of CCA allowed in respect of each ONTTI property. Neither the half‐year rule nor the available for use rule applies. Not Applicable The ONTTI is included on Ontario CCA Schedule
Ontario Power Authority Feed In Tariff Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
A FIT is the price that the government buys power for the grid for special cases. In this case, it means that if you generate power from renewables ‐ solar, wind etc ‐ the OPA will buy the power from you at a higher rate than the cost of electricity. The reason for FITs is that electricity from renewables still costs more than from coal or natural gas. FIT http://www.powerauthority.on.ca/FIT/ Subsidy Ontario Power Authority •Renewable Power Power, energy, biomass, solar, wind, bioenergy, fuel, gas, agrifuel, biofuel, renewable, green Ontario Continuous intake * Increase capacity of renewable energy supply to ensure adequate generation and reduce emissions * Simpler method to procure and develop generation * Create new green industries through new investment and job creation * Provide incentives for investment in renewable energy technologies *The FIT Program is for Renewable Generating Facilities up to a maximum capacity of 10 MW for solar PV Projects, 50 MW for waterpower Projects and unlimited in capacity for Projects using other Renewable Fuels (a) To be eligible to participate in the FIT Program, a proposed generating facility must: (i) constitute a Renewable Generating Facility; (ii) be located in the Province of Ontario; (iii) [not have a Contract Capacity of more than 10 MW in the case of PV Projects and 50 MW in the case of waterpower Projects. For greater certainty, an Incremental Project together with the Existing Generating Facility to which it is incremental may exceed these size limits so long as the increase in Gross Nameplate Capacity resulting from the Incremental Project does not exceed these size limits;] (iv) not be an Existing Generating Facility, unless it is an Incremental Project, in which case only the Contract Capacity relating to the Expansion or Upgrade is eligible; [NTD: Consider the appropriate additional eligibility requirements for waterpower Projects that are Expansions or Upgrades.] (v) connect to a Distribution System, a Host Facility or the IESO‐Controlled Grid; (vi) have separate metering suitable for FIT Program data collection and settlement purposes, as described in Section 6; and (vii) not have or have had a physical or financial power or capacity purchase contract relating to the generation of Electricity by such proposed facility, or other form of contract relating to Electricity or Related Products relating to such proposed facility. For greater certainty, this includes Standard Offer Contracts. (b) [Although it is not an eligibility requirement for purposes of an Application, all Applicants should be aware that the FIT Contract will require that a Project be comprised of at least l% Provincial Content as determined in accordance with Exhibit “C”.] Not Applicable Too lengthy to list *Application completeness *Project viability *Connection/distribution capacity *Application Fee *Online application *Extensive distribution documentation *Extensive environmental impact documentation *Power‐source‐specific documentation Continuous intake Dependent upon connection capacity assessment by Ontario Power Authority
Ontario Research and Development Expenditure Deduction Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The Ontario Research and Development Expenditure Deduction allows corporations to exclude from Ontario taxable income the portion of the federal investment tax credit that relates to qualifying Ontario Scientific Research and Experimental Development (SR&ED) expenditures through Ontario pool calculation on CT23 Schedule 161. http://www.rev.gov.on.ca/english/credit/orded/index.html Tax Deduction Ministry of Revenue •Any Ontario Make the income from the Federal SR&ED tax credit deductible from Ontario corporate income tax obligations *Must be making a SR&ED claim. Not Applicable Not Applicable To claim, complete CT23 Schedule 161, and enter the amount on Line 679 of the tax return.
Ontario Research Employee Stock Option Credit Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
If you do research for an eligible research and development company, the credit can reduce or eliminate your Ontario personal income tax on up to $100,000 of taxable income each year. http://www.rev.gov.on.ca/english/credit/oreso/index.html Ontario Ministry of Revenue •Any Salary, Support, Job, self‐employed, pay, benefit, student, graduate, co‐op, placement, research, income Ontario The Ontario Research Employee Stock Option (ORESO) credit is an incentive to help Ontario high technology companies find and keep highly skilled research employees. The credit applies when: * the company agrees to sell or issue its shares to you as an eligible employee in a stock option agreement * the company's offer was made after December 21, 2000 and before May 18, 2004 * you bought that company's stock in accordance with the stock option agreement, and * you reported the stock option benefit in your personal income tax return by 2009. Ontario researcher personal income tax Not Applicable The ministry calculates the refund based on information from: * your application * your employer * your personal income tax return (i.e., Form ON428 ‐ Ontario Tax, filed as part of your T1‐General return), and * your Notice of Assessment or Notice of Reassessment from the Canada Revenue Agency (CRA) 1. Complete the ORESO Credit ‐ Application for Refund 2. Attach copies of these four documents: 1. the ORESO Credit ‐ Certificate of Eligible Stock Option Agreements ‐ Individual 2. the ORESO Credit ‐ Notice of Benefit ‐ Individual provided by your employer 3. Form ON428 ‐ Ontario Tax, that you submitted to CRA when you filed your income tax return 4. your Notice of Assessment and any Notice of Reassessment for the applicable tax year from the (CRA) 3. Mail all documents to the Ontario Ministry of Revenue, Client Accounts and Services Branch, PO Box 624, Oshawa ON L1H 8H8.
Ontario Retail Tax Exemption on R&D and Manufacturing Equipment Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Retail Sales Tax (RST) exemptions for production machinery and equipment bought by, or for the use of, qualified manufacturers. http://www.rev.gov.on.ca/english/guides/rst/400.html Tax Exemption Canada Revenue Agency •Any Capital, machinery, retail sales tax Ontario Retail Sales Tax (RST) exemptions for production machinery and equipment bought by, or for the use of, qualified manufacturers. Ontario manufacturers (a manufacturer is a person who manufactures, fabricates, produces or assembles goods for sale where the fair value of the goods sold to others is more than $5,000 in the fiscal year or, the fair value of goods manufactured for own use is more than $50,000 in the fiscal year.) The following items may be bought without paying RST: * machinery and apparatus used primarily and directly in the: 1. manufacture or production of goods 2. *development of manufacturing/production processes 3. *development of goods for manufacture RST is not payable on machinery purchases or repairs made to production machinery and equipment that may be purchased by the manufacturer exempt from RST. Not Applicable To claim a refund, you need to complete the General Application for Refund of Retail Sales Tax form. Make sure you have clear photocopies of your receipts. You will need to include them with your application.
Ontario Self‐Employment Benefit Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process
Application Deadlines Processing Time Notes
The Ontario Self‐Employment Benefit provides unemployed people who are or have recently been eligible for Employment Insurance with income and entrepreneurial support while they develop and start their business. http://www.servicecanada.gc.ca/eng/epb/sid/cia/grants/self‐emp/desc_self‐emp.shtml Income support Ontario Ministry of Colleges, Training and Universities Any Salary, Support, Job, self‐employed, pay, benefit Ontario Approximately $400/week for 10 months Ongoing intake Self‐Employment assists unemployed eligible individuals create jobs for themselves by starting a business. Job seekers who are unemployed can apply to participate if they meet one of the following conditions: * They established a claim for Employment Insurance benefits or their Employment Insurance benefit period ended within the past three years. * They established a claim for Employment Insurance maternity or paternity benefits and were paid benefits within the past five years, and are re‐entering the labour force after having left it to care for newborn or newly adopted children. *Wage support * The maximum duration of an agreement with a participant is 52 weeks. *Strength of action plan/ongoing self‐employment potential * Complete the application form Self‐Employment Employment Benefit Participant Application (EMP5260) and submit it to the nearest Service Canada Centre. * As part of the application process, it is necessary for you to receive an employment assessment and develop a Return to Work Action Plan with a case manager. The case manager's decision is required before Service Canada can assess your application. Please contact your Service Canada Centre for information on where you can receive this service. *Individuals must then bring their completed action plans and applications to their nearest Service Canada Centre for assessment and decision making. Ongoing intake
Ottawa Community Loan Fund Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The Ottawa Community Loan Fund provides short‐term loans of up to $15,000 to small business owners, aspiring entrepreneurs, talented individuals with international training and community groups. http://www.oclf.org Loan OCLF is a not‐for‐profit supported by various finance and community development organizations •Any Ottawa, start‐up Ottawa Up to $15,000 Continuous intake By focusing on the micro‐credit needs of our community, OCLF contributes to the wider prosperity of the Ottawa area. * You are 18 years or older and not attending school on a full‐time basis. * You live in the City of Ottawa and have permanent legal status in Canada. * You have sole ownership in the company or partners that are willing to co‐sign for the business loan. * You can demonstrate to the satisfaction of OCLF that you can fully repay the loan. * If applicable, you have been discharged from bankruptcy. * You can submit a complete business plan including start‐up or expansion costs, and a cash flow forecast. * You have participated in a business training program associated with OCLF or, you are presently operating a business and can supply the required documentation or; * you have experience in a similar business. Your business must: * Be located in the City of Ottawa and operates a minimum of 10 hours per week. * Not be a network marketing business. * Be, or will be, a legally registered sole proprietorship, partnership, corporation or co‐operative. * Use the funds to start or expand business operations. * Not be applying the funds to consolidate debt. OCLF loan proceeds may be used to start or expand a business and can be used for a number of purposes including: * Working capital * Seed capital to start a business * Purchasing fixed assets OCLF loans start at $1,000 and go up to a maximum $15,000 with interest rates that range from 3‐ 7% above the current prime rate. Loan repayment terms range from 12 to 48 months. Assessment of OCLF loan applications is based on the viability of the business, the commitment and character of the applicant, and the capacity for repayment. *Complete an application form and submit an application fee
Continuous intake up to 4 weeks
Precarn Incorporated Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
Description: Supports R & D in intelligent information and communications technology (iICT) leading to commercialization through a collaborative model. http://www.precarn.ca/home/ No information. No information. •New programs to be announced. No information. No information. No information. No information. No information. No information. No information. No information. No information. No information. No information.
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SDTC NextGen Biofuels Fund Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Application Documentation and Process Application Deadlines
Provides large, zero‐interest loans to commercialize renewable fuel production facilities. http://www.sdtc.ca/en/funding/NextGen_Biofuels_Fund/index.htm Loan Sustainable Development Technology Canada •Biofuel Biofuel, biodesiel, agrifuel, biomass, feedstock, power, energy, generation, ethanol Canada Up to $200 million Continuous intake The $500M NextGen Biofuels Fund™ is aimed at supporting the establishment of first‐of‐kind commercial scale demonstration facilities for the production of next‐generation renewable fuels and co‐products. The fund will help Canada sustainably meet its Renewable Fuels Standards. The purpose of the fund is to encourage retention and growth of technology expertise and innovation capacity for cellulosic ethanol and biodiesel production in Canada. To be eligible to apply to the NextGen Biofuels Fund™, an Eligible Recipient must be a: 1. for‐profit corporation; 2. partnership; 3. limited partnership; or 4. business trust with legal capacity in Canada and that has access to expertise in Next‐generation Renewable Fuels Production Pathways. To be eligible, a project must: 1. be a First‐of‐Kind facility that primarily produces a Next‐generation Renewable Fuel at Large Demonstration‐scale; 2. be located in Canada; 3. use Feedstocks that are or could be representative of Canadian Biomass; and 4. have demonstrated their technology at the pre‐commercial pilot scale. 1. costs for initial project definition and assessment (e.g. to confirm project parameters, investment level requirements, market and environmental impacts); 2. contract costs for design, engineering, procurement and construction services; 3. costs associated with environmental assessments; 4. costs for production systems and equipment, including monitoring and tracking systems; 5. salary costs for design, engineering, procurement and construction; 6. salary and contract costs for implementing and commissioning; 7. project management and related administrative costs; and, 8. costs related to project reporting. *An SDTC funding contribution limit of 40% of the Eligible Project Costs incurred over the course of the Project Period for any given Eligible Project, or $200 million per Eligible Project, whichever is less. *Repayment terms based on a negotiated percentage of free cash flow over a period of 10 years after project completion Pre‐Commercial Pilot Technology and Process Stage of Development Business Parameters Engineering and Construction Financial Regulatory permitting and approvals Sustainable Development Results Application documentation *Extensive Application For Funding Document *Application analysis *Extensive due diligence Continuous intake
Processing Time Notes
SDTC SD Tech Fund Summary Abbreviation Website Funding Type Source Market
Keywords
Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Provides large non‐repayable grants to clean tech ventures. http://www.sdtc.ca/en/funding/SD_Tech_Fund/index.htm Grant Sustainable Development Technology Canada * Energy Exploration, Production, Transmission and Distribution * Power Generation * Transportation * Agriculture, Forestry and Mining * Waste Management * Energy Exploration, Production, Transmission and Distribution * Power Generation * Transportation * Agriculture, Forestry and Mining * Waste Management Canada Up to 50% of eligible project costs. SDTC holds two rounds of funding each year. Check online for their next call for Statements of Interest The SD Tech Fund is aimed at supporting the late‐stage development and pre‐commercial demonstration of clean technology solutions: products and processes that contribute to clean air, clean water and clean land, that address climate change and improve the productivity and the global competitiveness of the Canadian industry. SDTC does not require any repayments of the financial contributions it provides to funded projects through the SD Tech Fund.. A for‐profit corporation, a partnership, a limited partnership or a business trust that has entered into a contract relating to the execution of the applicant’s project with one or more of the following legal entities: • another corporation; • a partnership, a limited partnership or a business trust that has expertise in sustainable development technology; • a university, college or other provincially accredited post‐secondary educational institution; • a research institute; • an individual who has expertise in sustainable development technology; • a not‐for‐profit corporation, with one of its purposes being to undertake, fund or otherwise support the development or demonstration of sustainable Development technology. (a) all goods and services and professional and technical personnel costs required to plan and conduct the scientific, technical, environmental, management and/or reporting activities directly related to the project (labor rates include T4 rates plus benefits but do not include a percentage of direct labor as overhead); (b) The cost of capital items that have no residual value beyond the period of funding of the Eligible Project and are specifically required for the delivery of the project, including but not limited to the lease of land or license to use land, data collection equipment, prototypes, pilot plants or Demonstration plants including facilities that are themselves necessary for the project ; and (c) The depreciation expense for the period of funding, of capital items that have an enduring commercial value accrued to an individual organization beyond the funding period, as determined by GAAP; and (d) Feasibility studies pertaining to the Eligible Project *The Foundation may fund, on average across its portfolio of funded projects, up to 33 percent of Eligible Project Costs and never more than 50 percent of eligible project costs for any given project. * the proposed project is technically sound and undertaken by an applicant with the necessary technical, financial and management capacity; * the proposed project will be undertaken in a collaborative and innovative manner;
Application Documentation and Process Application Deadlines Processing Time Notes
* the new technology and related intellectual property will be diffused in a timely manner in the relevant market sectors; and * the funding is necessary to ensure that the project proceeds in a manner to ensure broad benefits to Canadians nationally or regionally. *Comprehensive Statement of Interest *Extensive online application process *Extensive proposal once admitted to Phase II *Extensive due diligence SDTC holds two rounds of funding each year. Check online for their next call for Statements of Interest
Small Business Internship Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms
Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
Small and medium‐sized businesses (SMEs) submit an application to the organization delivering the program in their area. If their application is approved, they can hire a student intern to help them take advantage of information and communications technologies (ICT) to help grow their business. http://www.ic.gc.ca/eic/site/sbip‐pspe.nsf/eng/home Grant Industry Canada •Any Staff, intern, employee, student, summer student, temporary Canada Up to $10,000 Continuous intake *ICT student employment experience and ICT support for SMEs. * be a small or medium‐sized enterprise with less than 500 employees; * be incorporated; * wish to enhance your e‐business capability. Eligible costs that can be claimed by participating SMEs are the student interns’ wages and related expenses such as statutory employee benefits. The SME negotiates the salary of the intern, and the benefits they may receive. Once the 12‐week internship is over, the Government of Canada will reimburse 75 percent of their eligible costs, up to a total of $10,000. * Will the internship meet SBIP's objectives? * Will it give a student intern meaningful work experience? * Will it give the student intern 12 weeks of work? * Will the employer provide a minimum of 25 percent of intern wages and related eligible costs? * Will the internship run between May 1, 2009 and March 31, 2010? Your firm will develop and submit a project proposal to your local delivery organization.
Continuous intake
SSMARt Awards Innovation Project of the Year Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
This award acknowledges an organization whose IT/science project demonstrates leadership and/or creative use of science/technology. An ideal project would include benefits such as the advancement of the organization, improvement of client/customer services and positive impact on the science and IT community or the community at large. This award is designed for organizations that are not necessarily IT/science companies but are using technology/science as an enabler to better serve operation and/or clients. http://www.ssmic.com/index.cfm?fuseaction=content&PageID=1275&PageCategory=307 Award Sault Ste. Marie Innovation Centre •Any Sault Ste. Marie $0 Mid‐May *To promote science and technology leadership in the region. 1. Must be an organization in the Algoma district 2. Project must have been completed in the last two years. Innovation 3. Innovation must be a key component of this project. Please describe what innovative project was undertaken. 4. What was the size and scope of the project? 5. How does the project demonstrate superior project management skills? Community Involvement 6. Where local businesses, science and/or technology firms involved in the project? Vision 7. How did the project contribute to the organization’s vision/objectives? Success 8. The project must have demonstrated tangible success/return to the organization. Supporting Documentation 9. Please provide any supporting documentation (annual report, promotional material, website, online portfolio etc.) Not Applicable Not Applicable *Innovaiton *Community involvement *Vision *Success Nomination Form
Mid‐May
SSMARt Innovation Best Website Award Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
This award acknowledges the people and/or organizations within the Algoma District responsible for developing the most effective website. This award is open to both organizations and Web design companies. http://www.ssmic.com/index.cfm?fuseaction=content&PageID=1275&PageCategory=304 Award Sault Ste. Marie Innovation Centre •Website design Website Sault Ste. Marie $0 Mid‐May *To support the development of effective online presences. 1. The website must have been designed between January 2008 and April 2009 by a company located in the Algoma Region. 2. The website must currently be published online. 3. Please provide the URL and any supporting documentation. Not Applicable Not Applicable * Design * Innovation * Content * Technology * Interactivity * Copywriting * Ease of Use * Functionality Nomination Form
Mid‐May
SSMARt Innovation Innovation Company of the Year Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
This award acknowledges a company’s leadership through the innovation of its science and/or technology products, services or research, the sustained growth of its assets and its dedication to community involvement. Science and/or technology should be the primary focus of this emerging or expanding company. http://www.ssmic.com/index.cfm?fuseaction=content&PageID=1275&PageCategory=305 Award Sault Ste. Marie Innovation Centre •Any Sault Ste. Marie $0 Mid‐May *To promote science and technology leadership in the region. 1. Company is more than 2 years old Technical and Product Excellence 2. Describe the company’s products and/or services and how these demonstrate innovation within the science and/or technology sector. 3. What are the key differentiators of the company’s products or services 4. Summary analysis of per cent growth: a) Revenue (%) b) Gross Profit (%) c) Net Income (%) d) Jobs/Employees (#) Market Position 5. What is the company’s position in the market segment in which it operates and how has it attained this position? 6. Who are the company’s key competitors and how had the company gained market share from these competitors. 7. What are the company’s key strategic advantages and how have they been developed/exploited? Impact 8. Describe the impact the company has made on the the science and/or technology community, their customers and employees, and the community where they are located Not Applicable Not Applicable *Technical and product excellence *Market position *Company performance *Impact Nomination Form
Mid‐May
SSMARt Innovation Awards Youth of the Year Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
This award acknowledges an individual up to grade 12, who has made a substantial contribution to the science/technology sector through education, volunteering or sheer passion for the industry. Contributions may be through outstanding academic achievement; leadership in the area of science/technology, community involvement, leadership, entrepreneurship and volunteerism. http://www.ssmic.com/index.cfm?fuseaction=content&PageID=1275&PageCategory=311 Award Sault Ste. Marie Innovation Centre •Any Sault Ste. Marie $0 Mid‐May *To promote science and technology leadership in the region. 1. Must be a current student up to Grade 12 in the Algoma District Outstanding Academic Achievement 2. Most recent GPA Passion 3. In what way does the nominee display a passion for science and/or technology? Community Involvement 4. Is the youth employed part time in the science and/or IT field? If so, where? Volunteering 5. Is the nominee involved in any volunteer activities? (not required to be related to science and/or technology) Recognition of Excellence 6. Has the nominee received awards/scholarships/patents/licenses etc? Supporting Documentation 7. Please provide any supporting documentation (annual report, promotional material, website, online portfolio etc.) Not Applicable Not Applicable *Passion *Community involvement *Volunteering *Recognition of excellence
Mid‐May
SSMARt Innovation Leader of the Year Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
This award acknowledges an IT and/or science leader/manager/executive whose leadership and/or creative use of science and/or technology has helped to advance their organization, to improve client/customer services and have a positive impact on the IT and/or science community. http://www.ssmic.com/index.cfm?fuseaction=content&PageID=1275&PageCategory=306 Award Sault Ste. Marie Innovation Centre •Any Sault Ste. Marie $0 Mid‐May *To promote science and technology leadership in the region. 1. Must hold an executive position within the organization in the Algoma Region. Innovation 2. What innovative product/technology/service/training has the nominee introduced to their organization? Vision 3. How has the nominee contributed to the organization’s vision? Strategy 4. What are the organization’s key strategic advantages? 5. How has the nominee displayed superb execution of the organization’s business strategies? Community Involvement 6. How have the nominee contributed to the community? 7. How has the nominee contributed to the community’s perception of their organization? Supporting Documentation 8. Please provide any supporting documentation (annual report, promotional material, website, online portfolio etc.) Not Applicable Not Applicable *Innovation *Vision *Community involvement Nomination Form
Mid‐May
Strategic Aerospace and Defense Initiative ‐ Industry Canada Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs
Terms Judgment Criteria
Application Documentation and Process
Application Deadlines Processing Time Notes
Description: Firms, organizations or institutions may apply for investments assistance repayable over the long term in conducting R & D in eligible aerospace and defense technologies. SADI http://ito.ic.gc.ca/eic/site/ito‐oti.nsf/eng/h_00022.html Loan Industry Canada, Industrial Technologies Office •Technolgies applicable to national defense and aerospace Defense Canada Contributions to SADI projects will equal approximately 30 percent of a project's total eligible costs. Applications can be submitted throughout the year. Complete proposals are considered in the order in which they are received. 1. to encourage strategic research and development (R&D) that will result in innovation and excellence in new products and services; 2. to enhance the competitiveness of Canadian A&D companies; 3. to foster collaboration between research institutes, universities, colleges and the private sector. * All Canadian companies in aerospace and defense (A&D) industries that wish to conduct strategic research and development (R&D) activities, creating opportunities for Canadians to contribute to a highly skilled and knowledge‐based work force, are eligible to apply for repayable contributions under the Strategic Aerospace and Defense Initiative (SADI). * SADI is open to A&D companies of all sizes‐including small and medium‐sized enterprises‐and from all regions of Canada. * Eligible recipients are corporations incorporated under Canadian law. * These are costs incurred by the recipient that are required to carry out the project. * Costs may include labour, material, overhead, specialized equipment and other costs related to the project. * SADI's repayable contributions may also cover eligible project costs incurred prior to the signing of contribution agreements with recipients. In such cases, these costs will not have been incurred prior to the date when the Industrial Technologies Office (ITO) received the project proposal, and they will not exceed a specific percentage of total project costs. * SADI shall not reimburse eligible costs incurred by the recipient should the proposal be rejected. Contributions to SADI projects will equal approximately 30 percent of a project's total eligible costs. *Company's ability to achieve stated objectives. *Technology benefits. *Social and economic benefits. * Proposal Submission * Eligibility Review * Assessment Review * Due Diligence Review * Decision by the Deputy Minister, the Minister, Treasury Board and/or Cabinet Applications can be submitted throughout the year. Complete proposals are considered in the order in which they are received.
Summer Company Summary Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
If your application is accepted, you will be eligible to receive up to $1,500 to put toward start‐up costs and up to $1,500 upon successful completion of the program. http://www.sbe.gov.on.ca/ontcan/sbe/en/youth_summerco_en.jsp Grant Ministry of Small Business and Entrepreneurship •Any Summer, intern, job, start‐up, young Ontario $3,000 Early spring an exciting opportunity for enterprising students, 15 to 29 years old, to start and run their own summer businesses. *Between the ages of 15 ‐ 29 by *A student returning to school in the fall of 2009? Yes No *A Canadian Citizen or a Landed immigrant living in Ontario? *Proposing a new business idea? *Operate in Ontario? *Not working elsewhere for more than 12 hours per week. *Commercial viability *Business plan according to online template *Interview Early spring
Technology Demonstration Program Summary
Abbreviation Website Funding Type Source Market Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements Eligible Costs Terms Judgment Criteria Application Documentation and Process Application Deadlines Processing Time Notes
The TDP sponsors approximately 40 defense research and development projects with an average funding value of $6 million. Typically, six new projects are selected from a pool of proposals each year. http://www.drdc‐rddc.gc.ca/sciences/tdp‐pdt‐eng.asp Grant Defense Research and Development Canada •No information available. No information. No information. No information. No information. The main objective of the Technology Demonstration Program (TDP) is to impact future defense capabilities by demonstrating the military utility of emerging concepts and technologies. No information. No information. No information. No information. No information. No information.
No information. No information. No information.
Technology Development Fund Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective Obligations Eligibility Requirements
Eligible Costs
Terms
Judgment Criteria
Description: Financial assistance to support pre‐commercial technologies or applications that have the potential to improve electricity supply, conservation or demand management. Grant Ontario Power Authority * Advanced refrigeration and cooling * Advanced integrated building controls * Advanced lighting * "Smart" technologies * Enabling technologies for renewable and distributed generation Energy, power, electricity, refrigeration, cooling, building, controls, lighting, smart, technology, enabling, renewable, generation Ontario Up to $250,000 3 intakes annually with variable dates The Ontario Power Authority contributes to the development of a reliable and sustainable electricity system by funding innovative energy efficient technologies. •Projects must propose to study, develop, demonstrate and/or verify the perform‐ anceof an emerging, pre‐commercial energy technology or application. •Projects must be consistent with the Fund objective to support pre‐commer‐ cial technology applications that have the potential to improve electricity supply, conservation or demand management. •Projects must be led by applicants who demonstrate the financial and organizational capacity to undertake the project. •Projects must be led by registered partnerships or corporations and not by individuals. •Planning, feasibility studies and field tests, including costs for qualified pro‐ fessional and technical consultants who are directly involved in the project •Costs of purchasing office supplies that are required to complete the project activities •Funding for participation in conferences, workshops and other proceedings where the event is deemed to be important to the execution of the project activity •Travel costs necessary to complete the project activity •Costs to consult with and educate a community or sector about the pro‐ posed project activity, including surveys, website development and other com‐ munication tools directly related to execution of the project activity •Costs of pilot installations: construction or renovation/retrofit of facilities and structures and leases essential for completion of the project activity but that are limited to the life of the project activity •Costs to develop a business case for commercialization. * The maximum contribution by the OPA for any one project is $250,000. * Projects may be funded over a maximum of 36 consecutive months. * The OPA will only provide as much funding to a project as the next highest funder. * In‐kind contributions may be considered as part of the funding composition of a project if they are reasonable and verifiable. •consistency with and supportiveness of the OPA mandate and mission, and potential for positive impact on Ontario’s electricity system and elec‐ tricity consumers •amount of leverage funding from the applicant or other sources (recommend‐ edminimum 50 percent of the cost of the project, cash or in‐kind) •strength and practicality of the proposed methodology to measure results and report on the work •strength of feasibility analysis and the extent to which meaningful measurable results are clearly outlined
Application Documentation and Process Application Deadlines Processing Time Notes
•relevance of the mandate of the applicant to the proposed project •strength of the project team in the area of inquiry, research or demonstration •strength of working partnerships with relevant organizations or partners •financial viability of the applicant, including a demonstrated ability to manage and sustain growth that may result from the grant. *Complete a comprehensive expression of interest according to a template.
3 intakes annually with variable dates
Toronto Atmospheric Fund Summary Abbreviation Website Funding Type Source Market
Keywords Regions Available Funding Amount Application Intake Program Objective
Obligations Eligibility Requirements
Eligible Costs Terms Judgment Criteria
Application Documentation and Process Application Deadlines Processing Time Notes
TAF uses its Loans Program to make approximately $8 million of its endowment fund available to finance mandate‐related initiatives. TAF http://www.toronto.ca/taf/ Loan City of Toronto •Green energy •Renewable energy Green energy, renewable energy, wind, solar, geothermal Greater Toronto Area Up to $500,000 Numerous application deadlines throughout the year. Best to check online. * support and encourage local reductions of air pollutants and greenhouse gas emissions; * stimulate best practices in energy conservation and efficiency; * contribute to public understanding of global climate change and its implications for the urban environment; * support or initiate research and technology development that will contribute to effective local emissions reduction strategies; and * develop partnerships with non‐governmental organizations, other levels of government, businesses and academic institutions Aligned with program areas/capabilities * Linked to one of TAF’s 4 program areas *Requires funding (i.e., not pure advocacy) *Potential synergy with City initiatives/priorities Has the potential to catalyze transformation *Demonstrates a concept/creates a market *Aligns a complex group of stakeholders Varies by project Varies by project. * relevance to TAF's mandate and funding priorities * quantifiable energy savings or revenue stream * measurable risk * quantified equivalent carbon emissions reduced * quantified smog precursor emissions reduced * potential to attract other financing or investment * satisfactory covenant or security arrangement Signature of a memorandum of understanding between TAF and the applicant.
Numerous application deadlines throughout the year. Best to check online.
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