OCE Market Readiness Program - Ontario Centres of Excellence (OCE)

The Market Readiness Program supports academic spin-off companies, OCE accelerator (CLA/OCEA) graduates, and SmartStart Seed Fund awardees with Ontario government grants to further their early-stage commercialization and support scalable business growth. The program offsets a portion of costs related to customer creation and company-building activities. The funding helps to reduce the risk of other investment opportunities and helps attract additional private investments. 

  • Amount: Max funding from $125,000-250,000 in Ontario grants.
  • Projects: (1) Customer Creation: After tech validation, funding to develop a scalable sales process or (2) Company Building Program: Sustainable business model development activities.
  • Timeline: Continuous intake; applicant must have engaged in an OCE-supported Campus-Linked Accelerator or On-Campus Entrepreneurship Activities (OCEA) within the last 3 years for at least 4 months.
  • Eligibility: Ontario SMEs incorporated within the last 5 years, with <$500k (project type 1) or <$1M (project type 2) in VC investment. Cannot have >$100k in OCE funding support for active projects.

Top OCE Market Readiness Program Resources:

  • OCE Market Readiness Program Overview: Learn more about the Market Readiness Program, including the two types of projects considered and expanded eligibility criteria. You’ll also learn how to apply for small business funding.

Recent Market Readiness Program News:

Canadian Government Funding for Small Business