Atlantic Canada Business Grants

Academia

Development and Commercialization Fund

  • This program is currently closed.

Amount:

No Fixed Amount

Type of Program:

Grants

Description:

The Development and Commercialization Fund assists businesses through the final stages of developing a new product or service. It supports the transition from successfully developed beta/pilot/prototype products to final stage refinements for full commercial development.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

  • be private sector, industry associations or academia (government departments and employees, agencies and crown corporations are excluded),
  • be PEI residents or corporations,
  • be individuals who demonstrate the capacity to meet project outcomes through experience, education, training or partnerships,
  • be majority owners of a business or lead researchers on a project,
  • use funding to commercialize a highly innovative product, service or process that has potential for market uptake and fits into one of the following sectors: bioscience, value-added food, Information and communication technology (ICT), aerospace, professional services, and advanced manufacturing

Application Steps:

Applicant must:

1

submit their application forms to Innovation PEI before the deadline,

2

accept the letter of offer forwarded to them which shall create a contract between Innovation PEI and the applicants, if the case.

Other Things to Note:

The program is not listed among Innovation PEI programs. 

Program Contact:

All Programs - Innovation PEI