ACCESS TO CAPITAL

CAPITAL FOR MEDIUM PROJECTS

Grant

Partnership between public education organization (lead applicant) and Ontario-based company. Must be pilot-stage technologies.

Total Amount
Matching Required
Use
Eligibility

Advancing Education Program

Connects educational technology products to Ontario education system for testing of early market interest.

1:1 matching (cash and in-kind, minimum 25% cash)

Up to $250,000

Grant

Must have at least $200,000 in annual revenue and one full time employee

Total Amount
Matching Required
Use
Eligibility

CanExport

Funding for SMEs developing new export opportunities and markets

1:1 matching

$10,000 - $99,999

Grant

Need to be incorporated spin-off or spin-in for commercialization activities. Less than $250,000 in total revenue and less than $250,000 in non-government investment.

Total Amount
Matching Required
Use
Eligibility

Medical Sciences Proof-Of-Principle (MSc PoP)

Commercialization of life science/medical technology.

1:1 matching cash (non-governmental)

Up to $70,000 per project

Investment

Must be investment ready. Minimum two or three full-time employees. Need fully developed prototype and pilot customers. Preference given to IT-based companies.

Total Amount
Matching Required
Use
Eligibility

OCE China Angels Mentorship Program (CAMP)

Investment and mentorship to help commercialize technology in the Chinese market

$100,000 - $500,000

Investment

Company does not exceed certain third party investment levels. Open application.

Total Amount
Matching Required
Use
Eligibility

OCE Market Readiness Program

Companies are either academic spin-off commercializing university IP or start up engaged with Campus Linked Accelerator.

1:1 matching

Up to $250,000

Grant

Minimum of five full-time employees, and in operation for a minimum of two years, have successfully completed VIP I with the research partner. Project must be between 12-24 months in length. Open application.

Total Amount
Matching Required
Use
Eligibility

OCE VIP2 - Voucher For Innovation & Productivity 2

Collaborate with college/university/research hospital on commercializing technical innovations.

50% cash/50% in-kind

Minimum $50,000 / Maximum $75,000 annually or $150,000 over 2 years

Grant

Applicants must be producing, or moving towards production of, market-ready content.

Total Amount
Matching Required
Use
Eligibility

OMDC Interactive Digital Media Fund (IDM)

Provides content creators with funding for high quality, original interactive digital media content projects in Ontario.

Up to $50,000 for concept definition, and $250,000 for production

Grant

Company with revenue between $5�$25 million plus either 20% year over year revenue and/or sales growth or 20% year over year employee growth, OR company with less than $25 million in revenue that has also raised $10 million in private capital with either 20% year over year revenue and/or sales growth or 20% year over year employee growth.

Total Amount
Matching Required
Use
Eligibility

Ontario Scale-Up Vouchers Program

Help firms scale globally by increasing sales, nurturing talent and developing IP. Growth coaches are provided to help make connections and guide companies through the application process

Offsetting costs

$150,000 - $250,000

Grant

Must have less than 500 FTE�s. Application must include one SME from Ontario, and one from Israel, as well as a Canadian financial institution.

Total Amount
Matching Required
Use
Eligibility

Ontario-Israel Research Network Program - MAGNET

Funding for fintech companies, specifically with a cybersecurity focus

1:1 matching cash (non-governmental)

Up to $200,000

Grant

Varies widely, goal must be to create jobs and help develop new innovations

Total Amount
Matching Required
Use
Eligibility

Strategic Innovation Fund

Funding for technology and industrial sectors

Repayable and non-repayable contributions

50-75% of eligible costs

Loan

Operations in Southwestern Ontario. Core mission addresses a social, environmental and/or cultural challenge. Minimum 1-2 years operational history. Currently generating revenue, has existing customers, or assets secured. Full-time experienced management

Total Amount
Matching Required
Use
Eligibility

VERGE Breakthrough Fund

Growth social enterprises, affordable housing developments, community real estate

$50,000 - $500,000

Loan

Operations in Southwestern Ontario. Core mission addresses a social, environmental and/or cultural challenge.

Total Amount
Matching Required
Use
Eligibility

VERGE Startup Fund

Startup social enterprises

$5,000 - $100,000

Loan

Must be CFDC with cash balance of less than $1.0M. If a business has over $1.0M in cash, then can apply for a loan between $250,000 and $300,000. Must meet WORC pool objectives.

Total Amount
Matching Required
Use
Eligibility

Western Ontario Community Futures Development Corporation � WORC Pool

Key objectives must be based around succession planning, new market and product development, productivity improvements or diversification activities supporting business and employment growth

Must contribute at least $25,000

Up to $700,000

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