innovation

Western Innovation Initiative (WINN)

Description: A five-year, $100 million federal funding initiative that offers repayable contributions to Western Canadian businesses with less than 500 employees, to bring innovative products, processes and services to market.

Funding Details: Provides interest-free repayable contributions (covers up to 50% of capital equipment and other direct expenditures) for small- and medium-sized enterprises to (1) introduce existing products to new export markets, or (2) to introduce new products to existing markets

Eligible Expenditures: Incremental expenditures that are essential to the implementation of the project that may be eligible for reimbursement include, but may not be limited to:

  • Quantifiable design, engineering and other professional services;
  • Costs of prototype development materials consumed;
  • Costs of transportation of prototype to location of demonstration site;
  • Costs of third party certification, testing, quality assurance, etc.;
  • Costs of specialized insurance while item is onsite for demonstration;
  • Related travel costs;
  • Material and supplies costs consumed in the product development and production stages;
  • Capital costs for machinery and equipment;
  • Labour costs; and
  • Procurement of project-related innovation services (independent of the applicant), including, for example, patenting costs.

Eligibility Requirements: To be eligible the business must:

  • Businesses incorporated to conduct business in Canada;
  • Less than 500 full-time equivalent (FTE) employees;
  • Have been in operation for at least one year;
  • Have operating facilities located in Western Canada (defined as British Columbia, Alberta, Saskatchewan or Manitoba);
  • Have a viable plan to commercialize an innovative, technology-driven, new or improved product, service or process within three years of project commencement;
  • Have sufficient intellectual property rights to carry out the proposed project and to commercially exploit the results of the project; and
  • Have confirmed, at the time of application, funding from all other sources, including government and non-government (non-government funding must represent at least 50 percent of the proposed project costs).

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How NorthBridge Will Assist With the Western Innovation Initiative and Other Funding Programs

NorthBridge has over 20 years of experience assisting companies with government funding programs. We will:

  • Listen and discuss past, present and future project activities.
  • Research and identify the appropriate and optimal government grant, tax incentive, loans, as well as private financing opportunities.
  • Take a hands-on approach to the application process and address relevant program objectives and criteria.
  • Become an in-house project manager for all types of government funding.
  • Interview the key employees and ask specific questions in order to make the right funding decisions.
  • Assist in writing the application and preparing all supporting documentation.
  • Assist with government reporting requirements.

To arrange for a free, no obligation consultation with one of our government funding experts contact us at: info@northbridgeconsultants.com

More information
Please fill in the following information and a NorthBridge representative will contact you regarding your request.





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