Made in Ontario Advanced Manufacturing R&D Challenge Program -Focus
The Made in Ontario Advanced Manufacturing R&D Challenge aims to solve sector challenges and lead to increased productivity and commercialization resulting in economic benefits to program partners and the province of Ontario. This collaborative research and development program developed by OCE, CME, and NSERC will support 5-7 projects between Ontario companies and academic research partners for up to 2 years. There will be a focus on the manufacturing sector, and participating companies must be undertaking research and development in Ontario.
Government Grants for Collaborative Research and Development –Project Outcomes
This grants for Ontario businesses funding program will focus on creating commercialization of R&D output, resulting in significant economic benefit to Ontario, and developing of new commercial opportunity for industry partners.
“Made in Ontario” Government Funding for Manufacturers in Ontario –How Funding Works
OCE may provide up to $100,000 (including up to 35% overhead). The industry partner must provide cash AND in-kind matching (2:1). NSERC may match the industry cash and in-kind contributions up to $200,000 (not including overhead). Therefore, industry may leverage their R&D investments up to 3:1 (typical project size is $400,000).
See this chart for an example.
|
Gross Contribution ($) |
Institutions Overhead ($) (35% example) |
Net Contribution ($) |
NSERC CRD leverage ($) |
|
| Industry Cash | 100,000 | 26,000 | 74,000 | 74,000 |
| Industry In-kind | 100,000 | 0 | 100,000 | 74,000 |
| Total Industry | 200,000 | 26,000 | 174,000 | 148,000 |
Learn More about the Made in Ontario Funding for Manufacturers Program
Find out more about this Ontario business grants’ eligibility criteria and application process, or get started by contacting a Canadian government funding expert.
Attend a Free Canadian Government Funding Workshop and or Webinar
Are you the owner or leader of a small and mid-sized businesses with 15 or more employees, incorporated for more than 2 years, and undertaking R&D and or manufacturing in Canada? If so, you are invited to attend a complimentary Government Funding for Small Business Workshop. Browse our list of exclusive upcoming events on the web and across Ontario.