Investing in Business Innovation
The Investing in Business Innovation program offers repayable grants to assist start-up businesses in Southern Ontario accelerate the commercialization of new products and processes by augmenting private sector investments.
- Amount: 33% of eligible costs up to $1M;
- Eligible Costs: Labour, capital and operating expenditures, materials and supplies, consulting and/or professional fees, minor non-capital acquisitions;
- Criteria: Start-up business in Southern Ontario, less than 50 employees, with proof of funding commitment from a recognized capital investor;
- Additional Info: Multi-year projects will be considered; all project activities must be completed by December 31, 2018.
