OCI Voucher Program –
Ontario Centre of Innovation
Receive up to $100k in Government Funding.
TheĀ OCE Voucher ProgramĀ is a collaborative funding program offered through the Ontario Centre of Innovation (OCI). The four funding opportunities provide Ontario businesses with financial support to work with academic partners to solve industry problems, develop new products & services, and to create online tools that support market expansion and exporting opportunities. In addition, OCIās Voucher for Industry Association Challenge program provides sector driven, competitive funding opportunities for innovative projects that impact the industry positively.Ā
OCI Voucher Program – Ontario Centre of Innovation
Amount of Funding
OCI Voucher for Innovation & Productivity
Up to 50% of project costs to a maximum $20,000-$75,000. Company contribution towards project to be made in cash & in-kind.
OCI Voucher for Commercialization
Up to $50,000 for up to 75% of project costs. 25% provided by applicant in cash and in-kind contributions.
OCI Voucher Industry Association R&D Challenge āMade in Ontarioā
Maximum contribution from OCE of $100,000; Industry 2:1 matching (half cash, half in-kind); NSERC matches the cash contribution from industry, less overhead.
OCI Voucher for E-Business
Academic Institutions received funding to allocate to help companies ā $2500/company.
![Amount of Funding from the Canadian Government](https://www.mentorworks.ca/wp-content/uploads/2020/12/Amount-of-Funding.png)
OCI Voucher Program – Ontario Centre of Innovation
Eligible Applicants
OCI Voucher for Innovation & Productivity
Academic/industry collaborations to solve critical industry problems. Must be companyās first project with the academic applicant.
OCI Voucher for Commercialization
Applicant must be pre-recurring revenue or government investment of $250K or less.
OCI Voucher Industry Association R&D Challenge āMade in Ontarioā
Ontario based industry & academic partners are eligible for funding to solve industry critical issues.
OCI Voucher for E-Business
Supports Ontario based companies looking to develop online tools. College students help companies with development of online tools to support market expansion and exports.
![Eligible Applicants for Canadian Government Funding](https://www.mentorworks.ca/wp-content/uploads/2020/12/Eligible-Applicants.png)
OCI Voucher Program – Ontario Centre of Innovation
Eligible Activities
OCI Voucher for Innovation & Productivity
Research to develop new innovative products, processes, and services. Projects must be geared towards expanding export markets.
OCI Voucher for Commercialization
Technology/innovation assessment, market assessment and strategy, prototype design and development, proof of concept demonstration, business and other plan development.
OCI Voucher Industry Association R&D Challenge āMade in Ontarioā
Innovative projects that focus on solving an industry challenge. Project outcomes must focus on commercialization and increased productivity with significant economic impact for Ontario though job creation, and revenue creation.
OCI Voucher for E-Business
Website development, online sales process, digital and social media and customer relationship management.
![Eligible Expenses for Canadian Government Funding](https://www.mentorworks.ca/wp-content/uploads/2020/12/Eligible-Expenses.png)
OCI Voucher Program – Ontario Centre of Innovation
Program Deadline
OCI Voucher for Innovation & Productivity
Applications accepted on an on-going basis. 6-8 week turnaround. One year project length.
OCI Voucher for Commercialization
Applications accepted on an on-going basis. 6-8 week turnaround.
OCI Voucher Industry Association R&D Challenge āMade in Ontarioā
Closed as of February 26, 2014.
OCI Voucher for E-Business
Opening in Spring 2014. Annual opportunity occurs alongside academic schedule.
![Program Deadline for Canadian Government Funding](https://www.mentorworks.ca/wp-content/uploads/2020/12/Program-Deadline.png)