OCI Market Readiness Program – Ontario Centre of Innovation (OCI)
Receive up to $250,000 in Grant Funding.
The Market Readiness Program supports academic spin-off companies, OCI accelerator (CLA/OCIA) graduates, and SmartStart Seed Fund awardees with Ontario government grants to further their early-stage commercialization and support scalable business growth. The program offsets a portion of costs related to customer creation and company-building activities. The funding helps to reduce the risk of other investment opportunities and helps attract additional private investments.
Quick View
Eligible Applicants
Ontario SMEs incorporated within the last 5 years, with <$500k (project type 1) or <$1M (project type 2) in VC investment.
800+
Annual Funding Applications Supported
Apply for This Funding Program
Give your application the best chance of approval. Ryan supports the writing of applications for more than 100 Canadian federal and provincial government grants, tax credits, and no-interest loan programs.
Amount of Funding
Successful applicants may receive the following:
- Up to $250,000 in funding support;
- Investments may be used for a runway of up to 12 months; and
- Funding available is company already has a pre-seed or seed round funding raised.
Eligible Applicants
Companies must fit the following criteria to be eligible:
- Have advanced growth and sales strategy which is able to demonstrate repeatable traction in the market;
- Has potential to redefine a market;
- Should have a 2-4 year business model; and
- Have milestones driving a seed-extension or Series A round in the near future (1-2 years).
Eligible Activities
Eligible Activities may be:
Customer Creation: Funding to develop a scalable sales processes or,
Company Building Program: Sustainable business model development activities.
Program Deadline
Speak with a member of our team to find the latest intake period info for this program or subscribe to our newsletter to be notified.
Average of
Time Saving
95%
Throughout the application process
Apply for Funding
Successfully applying for the right funding program at the right time, focusing on the right topics is no easy challenge. We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house.
Related News
-
Government Invests $3.2 Million in Northern Ontario Film Industry
Discover how Ontario’s $3.2 million investment in northern film projects through the NOHFC is boosting Sudbury’s economy.
-
Canadian Business Insights: Report Shows Lack of Indigenous Representation in B.C.’s Tech Sector
A recent report by the First Nations Technology Council (FNTC) sheds light on the current state of Indigenous representation in tech and calls to address systemic barriers in B.C.
-
Six Northern Ontario Film Projects Receive Funding from NOHFC
The NOHFC supports Canadian economic prosperity with financial assistance for growth, job creation, and skills development.
-
NOHFC Invests $6M in Ontario’s Agri-food Sector
Through the Northern Ontario Heritage Fund Corporation (NOHFC), the Ontario government is providing more than $6 million to 17 agri-food projects in Northern Ontario.
