CONII is a small business grants program that receives research and development funding from Ontario’s Ministry of Economic Development. CONII provides supports industry-driven applied research and commercialization through financial support of research performed in partnership with a membership college. Full service offerings area also available from needs assessment to execution. By working along with the faculty and students involved in this Ontario government funding program businesses benefit from the innovative thinking, expertise and technology they require to become more competitive.
What type of funding is provided through this small business grants program?
This grant funding for business program has two available levels of funding:
Level 1: Contribution of up to $10,000
Level 2: Contribution between $10,001 and $30,000
Small business grants funding provided by this program is used to reimburse direct expenditures incurred by the college while carrying out your project. Eligible costs include researcher and technician support time, technical and scientific services, costs associated with obtaining patent protection, and travel and marketing expenses related to the commercialization of the intellectual property developed through the research.
Apply for Research and Development Funding via CONII
Level 1 projects (of up to $10,000) are reviewed and approved by colleges internally, through utilization of CONII guidelines. Level 2 projects (over $10,000) are reviewed and approved by the CONII Project Allocation Committee (PAC).
If a college has spent their initial allocation of project funds, they may apply to PAC to access what is deemed the “competitive fund”. All project proposals submitted for small business grants from the competitive fund require PAC review, regardless of the funding level.
Contact a Government Funding Expert about Small Business Grants Opportunities
For more information about this research and development funding program please contact a Canadian Government Funding Expert. You are invited to connect with us on Facebook, Twitter, LinkedIn, and Google+. We would also like to invite you to our next Free Canadian Government Funding Workshop which will be held on Wed. February 27th, 2013 at 10:00am in Burlington, Ontario.