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.

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.

OCI Market Readiness Program

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.
Amount of Funding from the Canadian Government

OCI Market Readiness Program

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 Applicants for Canadian Government Funding

OCI Market Readiness Program

Eligible Activities

Eligible Activities may be:

Customer Creation: Funding to develop a scalable sales processes or,

Company Building Program: Sustainable business model development activities.

Eligible Expenses for Canadian Government Funding

OCI Market Readiness Program

Program Deadline

Continuous intake; applicant must have engaged in an OCI-supported accelerator or entrepreneurship activities within the last 3 years for at least 4 months.

Program Deadline for Canadian Government Funding

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.