Amount: No-interest, repayable contributions from $500,000 up to $10 million per project
Must be located in southern Ontario.
Canadian or provincially incorporated businesses.
Indigenous organizations such as Indigenous-owned businesses.
Minimum of five (5) full time employees.
Market/industry demand (e.g., how the project addresses a significant gap in the market; global opportunity to be seized within Canada; and evidence that southern Ontario is uniquely positioned to capture market share).
Financial capacity to complete the project and repay the contribution in full.
A viable project plan with achievable outcomes, supported by verifiable cost estimates.
Demonstration of leading edge technologies and/or processes in an operational setting. Activities would normally fall within (TRL 7-9).
Late-stage technological development to support new markets and/or new industrial applications of technology.
Increasing business management capacity by building high-performance teams, adopting best management practices, processes and systems.
Commercializing/producing new innovative products, processes or services.
Acquiring, adapting or adopting leading-edge technologies/processes.
Customer and market development, expansion or diversification to support business growth and integration in global value chains and an initial sale.