Intellectual Property Ontario (IPON)
Receive up to $100,000 in Government Funding.
The Intellectual Property Ontario (IPON) is an organization that was created by the Ontario government to drive economic growth for companies by leveraging IP. IPON works with innovators, businesses, and researchers at various stages of their IP journey to provide access to expert IP education, financial supports, and mentorship. IPON recently launched programming to help Ontario-based entrepreneurs, researchers and small-and-medium sized enterprises protect their intellectual property (IP) and reach their full commercialization potential.
Intellectual Property Ontario (IPON)
Amount of Funding
IP Bootcamp: Receive up to 20% of IP service costs to a maximum of $35,000.
Partner Program: Receive up to 20% of IP service costs to a maximum of $35,000.
Self-Guided: Receive up to $100,000.
Intellectual Property Ontario (IPON)
Eligible Applicants
Eligible applicants must ensure that they:
- Are an Ontario-based small-and-medium size enterprise with fewer than 500 employees;
- Are in one of the following sectors: MedTech, life sciences, artificial intelligence, vehicle technology, and mining and advanced manufacturing as related to the aforementioned sectors ;
- Operate in Ontario and intends to grow the business in Ontario long-term; and
- Own IP or IP rights and intends to commercialize or monetize in Canada.
Intellectual Property Ontario (IPON)
Eligible Activities
Eligible projects must:
- Demonstrate the potential to realize societal or economic benefit to Ontario;
- Demonstrate the financial capacity to advance the protection and commercialization of IP and IP rights that may be supported by IPON Client Services; and
- Have an Immediate IP need suited for IPON services and IP funding; or
- Be affiliated with a Regional Innovation Centre (RIC) or IPON key partner in Ontario if applying to the Partner Program.
Intellectual Property Ontario (IPON)
Program Deadline
For the IP Bootcamp program and Partner Program, starting date is December 4, 2023. The intake period is currently ongoing.
For the Self-Guided programs, details are yet to be announced.