Investing in Business Innovation

Amount: up to $1,000,000. Repayable

Eligibility Criteria

  • Canadian-incorporated companies;
  • Headquartered in southern Ontario; and
  • Employing less than 50 full-time equivalent (FTE) positions.
  • Must be financed by venture or angel capital

Cost Covered

  • Business development including building high-performance teams; adopting best management practices, processes and systems; and improving governance and investment readiness.
  • Late-stage product development geared towards market diversification and growth.
  • Customer and market development.
  • Developing and implementing marketing and distribution strategies.