Funding Assistance and Resources for Start-Up Companies in Ontario
The best place to start your growth approach as an Ontario-based start-up in the advanced materials and manufacturing, cleantech, IT or life sciences sector, is with exploring your working relationship with the Ontario Network of Excellence, commonly referred to as ONE. This group shares sector-focused resources at a Regional level with provincial funding.
With an emphasis on growing knowledge-based SMEs, ONE works closely with MaRS and broadly serves some of the programming delivered by the Business Acceleration Program (BAP). Through the Regional Innovation Centres, they distribute and match-up the best and available funding programs to SMEs’ through a mentoring relationship. RIC runs as well central services, very similar to MaRS top-notch programs such as developing the Entrepreneur’s Toolkit and Market Intelligence Services.
Location of RIC To Serve Business Development Milestones
The best way to get engaged is to work with your local RICs of which there are 14:
- MaRS (Toronto)
- Communitech (Waterloo)
- OCRI (Ottawa)
- Techalliance (London)
- RIC Centre (Mississauga)
- VentureLab (York)
- elorin (Kingston)
- WE-tech (Windsor)
- Innovation Guelph (Guelph)
- Innovation Factory (Hamilton)
- Northern Technology Alliance (Sudbury, Sault Ste Marie, Thunder Bay, North Bay)
- nGen (Niagara)
- Spark Centre (Durham Region – Northumberland County)
- HalTech Innovation Centre (Halton)
Be sure to check out the services and programs at an Ontario Regional Innovation Centre near you.
Not a Start-Up?
If your company has been incorporated for at least two years and receives over $500,000 in annual revenue, you are eligible for considerably more government funding mechanisms. Please follow us on Twitter, Facebook, and LinkedIn to stay up-to-date on the latest funding opportunities for your business.