Government Funding Programs

Industry/University Collaborative Research programs:

The Canadian Government has a wide variety of programs available to help companies develop innovative R&D solutions collaborating with public universities. Many of these programs will not only extend R&D budgets through government matching, but companies can gain access to the vast technical experience of faculty members and their specialized equipment.

NSERC Engage Grant

Up to $25,000 over a period of 6 months

This program is intended to foster the development of new research partnerships between academic researchers and companies that have never collaborated together before, by supporting short-term research and development projects aimed at addressing a company-specific problem in the fields of natural sciences or engineering.

NSERC Collaborative Research and Development (CRD) Grants

Approximately $150,000 to $200,000 over a period of one (1) to five (5) years

CRD Grants support well-defined projects undertaken by university researchers and their private-sector partners. Direct project costs are shared by the industrial partner(s) and NSERC. Projects may range from one year to five years in duration, but most awards are for two or three years.

OCE Technical Problem Solving Program

Typical program investments are between $25,000 and $75,000, with a maximum investment of $250,000 per project with a typical project duration of 6-12 months and usually no longer than 18 months. Industry partners must make a cash plus in-kind contribution to the project matching or exceeding OCE’s investment.

OCE’s Technical Problem Solving program supports short-term projects between industry and academia that address specific technical challenges or opportunities identified by the industry partner that will have a commercial impact. The projects focus on quickly applying research and technical expertise to solving industry-identified problems to speed innovative products and services to market.

OCE First Job

Up to $40,000 for established companies and $50,000 for start-up companies to cover up to 50% of an employees salary.

The First Job initiative moves talented people from academia to industry. It makes it possible for companies to improve their ability to innovate by recruiting talented young researchers with significant academic experience.

NRC-IRAP Youth Employment Program

Internships must be at least six and no longer than twelve months and are available anywhere in Canada with a maximum contribution of $30,000 towards the salary costs of a post-secondary graduate. The small and medium-sized enterprise is responsible for other expenses such as fringe benefits and overhead costs.

This Program provides financial assistance to innovative small and medium-sized enterprises in Canada to hire post-secondary science, engineering, technology, business and liberal arts graduates. Graduates work on innovative projects within the small and medium-sized enterprise environment and may participate in research, development and commercialization of technologies.

MRI Innovation Demonstration Fund

IDF will provide financial support covering up to 50 percent of eligible costs for approved Eligible Projects with funding levels ranging from a minimum of $100,000 to a maximum of $4,000,000 per project.

The Innovation Demonstration Fund (IDF) is a discretionary, non-entitlement funding program administered by the Ontario Ministry of Research and Innovation that focuses on the commercialization and initial technical demonstration of globally competitive, innovative green technologies, processes and/or products.

Other

Additional loans, grants, and funding programs can be found on the MaRS Discovery District website.