Ontario Centres of Excellence has designed a program called Market Readiness to support the development of commercial applications for technology manufactured within Ontario’s universities, colleges and research hospitals. The primary objects is to advance technology for the next stage of commercialization – the transfer to an existing company, or the creation of a new enterprise….
The Ontario Innovation Tax Credit program is a program for corporations that make payments on scientific research and experimental development in Ontario. This program is a 10% refundable tax credit and is available to public and private corporations. The maximum funding for this credit is $300,000 annually. Businesses Eligible for this Tax Incentive Your corporation…
The Ontario Tax Exemption for Commercialization program supports innovation in Ontario’s economoy by promoting intellectual property developed by eligible Canadian universities and colleges. The OTEC program applies to new corporations and offers an exemption from Ontario’s corporate income tax and corporate minimum tax for the first ten taxation years of the corporation applicant. Therefore, this…
This program is a branch off the main fund that was launched by the Ontario government called the Next Generation of Jobs Fund (NGOJF) which is a five-year program aimed at developing new technologies and services for international markets. This specific stream, Jobs and Investment Program, focuses on supporting business expansion or retention and attracting…
The ecoENERGY Innovation Initiative is a new program and in the FedDev 2011 budget, the Next Phase of Canada’s Economic Action Plan. They received $97 million for a thorough suite of R&D and demostrating projects. The focus of the program is to encourage the production of technology that uses energy in a more clean and…
The Ontario Ministry of Agriculture, Food, and Rural Affairs (OMAFRA) is supporting Ontario companies in their efforts to produce new biofuel technologies through this new small business grant. The focus of this fund is to: Support the enhancement of the alternative renewable fuels industry and their products and processes; Encourage agricultural value-added opportunities in industries…
We have highlighted the SDTC Cleantech Fund in the past, an R&D funding program that covers one third of expenses related to the development of new clean technologies and energy conservation innovations. It has been announced that Sustainable Development Technology Canada Cleantech has been awarded $53M in funding allocation to support new projects. Applying for…
HTX supports new and established Ontario-based companies so they can develop, produce and commercialize enhanced Medical and Assistive Technologies (MATs). Market area’s of particular interest include: medical devices, diagnostic & medical imaging, healthcare IT and wireless health (smart devices) and lastly, assistive devices & home healthcare. The Health Technology Exchange funds projects that promote partnerships…
Many of our clients participate in SR&ED as as source of funding, however it is notorious for its complicated, demanding application process. Meet Precision SR&ED, a dedicated SR&ED software suite that provides Canadian business owners with the extensive project management and data collection features that are essential when tracking your business activity for SR&ED. Key…
The purpose of the NSERC’s Idea to Innovation Program is to encourage the pre-competitive development of promising technology from universities and colleges and advance it’s transfer to Canadian companies. This is a grant program involving different phases. Up to $125,000 of funding is provided for phase IIa and up to $350,000 for phase IIb. This…