for industry
GreenCentre SME Commercialization Fund
GreenCentre’s SME Commercialization Fund (SCF) is designed to support the commercialization activities of Ontario-based, chemistry-driven SMEs. GreenCentre’s specialized services, infrastructure and expertise are available to applicants in order to carry out some or all of the funded activities.
The SCF program will award funding for up to one year in amounts ranging between $50,000 and $100,000 per award. Eligible activities under the funding include green assessments, product and application development, scale-up manufacturing and targeted basic research in support of commercialization. The SCF will provide cash support for up to 25% of the total project costs. The applicant SME is required to raise the remaining 75% of the projects by accessing:
• applicant cash/in-kind support
• partner organization (e.g. multi-national company) cash/in-kind support
• federal funding programs (e.g. NSERC I2I, IRAP)
• Federal SR&ED credits
GreenCentre accepts proposals throughout the year and will review applications as they are received. Funding decisions will be provided, where possible, within 90 days of receipt of an application.
Each project will be evaluated according to:
• uniqueness of the technology (must have a strong value proposition, be a leap-frog or disruptive technology or have significant advantages over current technologies)
• strength of associated intellectual property position
• green potential of technology
• likelihood of new or retained jobs in Ontario
• expertise at SME applicant or at partner organizations listed in project plan
• likelihood that funded project will make a considerable contribution towards the overall commercialization plan for the technology
• SME applicant must have total annual revenues of $5M or less
• funds must be directed at specific commercialization activity
• awarded funds will cover up to a maximum of 25% of the eligible costs
• reasonableness of business plan.
GreenCentre may change the criteria or approval process at any time, in its sole discretion, and without notice to applicants. Even applicants who meet all the criteria may not be funded.
Apply here
Contact Davis Hill with any questions.
Projects that have been awarded through GreenCentre's SCF program.
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