RDBASE Streamlines funding applications 

 The RDBASE project outline  can be used to to claim both research grants & investment tax credits (ITC’s).

Grants focus on future work (to be done) whereas ITC’s are claimed after this work is completed.

Our SR&ED & Grant solution partners can assist with online reviews of these documents &/or related filings.

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  • Company Profile

Executive summary of available grants

GOVERNMENT PROGRAM

DEADLINE DATES

GOAL OF PROGRAM

Government Funds /

Industry Match req’d /

Term

REVIEW TIME / SUCCESS RATE

NSERC Strategic Project Grants (SPG) April 1 Reduce risk associated with leading edge research. Early-stage project research in targeted areas NSERC: $150K/yr (average)Industry: Support letter onlyTerm: 1-3 yrs 26 weeks 25%Funding Year Oct 1-Sep 30
NSERC Industrial Research Chairs (IRC) No deadline, (reviewed: Mar, Jun, Sept, Dec) Faculty salary and research program application Forms NSERC: $100-$300K/yr (average)Industry: 1:1 match, cash only Term: 5 years 4 to 7 months
NSERC Interaction Grants No deadline Funds to travel and meet with potential industry partners in Canada Forms NSERC: $5KIndustry: identified contact at a companyTerm: 6 months 1 week95%
NSERC Engage Grants (EG) Program No deadline New collaboration between industry and academic researcher to solve a company-specific problem NSERC: $25KIndustry: Support letter and in-kind contributionTerm: 6 months 4 to 6 weeks80-90%
NSERC Collaborative Research and Development (CRD) Grants No deadline Well-defined projects undertaken by university and private-sector partners. Selection criteria NSERC: $100-200K/yr (average)Industry: 1:1 match of cash and in-kind (up to max. of cash contribution)Term: up to 5 yrs 3-5 months80-90%
OCE VIP I No deadline VIP I supports collaborations up to 12 months in duration, between industry and academia that lead to knowledge mobilization, commercialization and increased productivity with significant economic impact for Ontario. Link to apply OCE: OCE will invest up to $20,000, additional funding can be accessed through NSERC Engage (up to $25,000), and NRC-IRAP(up to $20,000)Industry: 1:1 match of cash and in-kind, Industry cash amount must be min. 25% of amount requested from OCETerm: up to 12 months Funding Year: April 1-March 31
OCE VIP II No deadline VIP II helps eligible companies develop, implement and commercialize technical innovations by supporting partnerships between Ontario’s industry and academia. OCE: minimum of $50,000 annually into a VIP II project.  The maximum OCE investment is $75,000 annually, or up to $150,000 over two years.Industry: 1:1 match of cash and in-kind, Industry cash amount must be min. 50% of amount requested from OCE Term: 1-2 years
NCE Centres for Commercialization of Research (CECR) Announced when Call for Proposals is issued CECR is a not-for-profit corporation created by a university, that matches clusters of research expertise with the business community. Each Centre shares knowledge, expertise and resources to bring new technologies to market faster. NCE: Up to $15MMatch required: 3:1 for operational costs and 1:1 for commercialization costs Approximately 18 months from NOI phase to program results.
Mitacs Accelerate Application accepted any time Solve business challenge with research expertise all disciplines are eligible Submit application through local mitacs business development director: Christine Macdonald:cmacdonald@mitacs.ca From 4 months to several years  15-2M+ funding’s 6-8 weeks for proposal to be reviewed for

Source of Funds

Amount  /

Duration

Deadlines

Matching Funds

NSERC Idea to Innovation (I2I)à mainly technologies from Faculties of Science or Engineering Phase 1: Up to $125,000 for 12 monthsPhase 2: Up to $350,000over 2 years Reviewed quarterly
  • Current deadlines
    April 7, 2015
    June 29, 2015
    September 28, 2015

Phase 1: NonerequiredPhase 2: Minimum of 1/3 cash from industry partner

CIHR Proof of Principle (POP)à mainly technologies from Faculty of Health Sciences and hospitalsPhase 1: Up to $160,000for 12 monthsPhase 2: Up to $300,000for 12 monthsReviewed semi-annually

Phase 1: None requiredPhase 2: Minimum of 1/3 cash from industry partner

OCE Market Readiness

à applicable for all areas, but mainly Faculties of Science and Engineering

Customer Creation Stage: minimum of $100,000 and maximum of $125,00 for 12 months

Company Building Stage: Up to $250,000 for up to 24 months

Rolling deadline, usually reviewed monthly

Phase 1: 50% cash and 50% in-kind

Phase 2: Matching cash in-kind equal to 50% of OCE investment

Source of Funds

How It Works

Deadlines

Matching Funds

OCE SmartStart SmartStart provides funding to incorporated Ontario-based start-up companies that are founded by young entrepreneurs from the age of 18 to 29. Applicants will be eligible for a non-repayable contribution toward direct eligible costs of up to $35,000 per start-up to launch and grow their businesses.
  • No deadline
OCE: Projects can receive a lifetime maximum investment of up to $30,000 plus $5,000 for entrepreneurship skills training from this fund.Match: The seed financing will require a cash match of 1:1 by at least one other source, excluding other government of Ontario funding. The $5,000 for costs associated with business training and support services does not require a match.Term: Up to 12 months

Source of Funds

Amount  /

Duration

Deadlines

Matching Funds

IRAP Small to medium size company  funding procedure-       50K       20 days-       <$500K 30 days-       >500k Maximum amount 1M 45 days99% cases doesn’t exceed 150K
  • Before the project starts Ideally before April 1 when the new funding cycle starts
 Offers grants for direct labor andsubcontractor costs,No Material and Capital cost will be covered
Youth Employment Strategy Programs Covers 50%, up to $15K towards the first 12 months of a hire between the ages of 15-30.
Biap 15 business days 50K to be used for contractor Irap pays75%of contract cost