Collaborate 2 Commercialize ### 📋 Eligible Entities - Canadian for-profit businesses (including small and medium-sized enterprises) - Corporations registered in Canada - Sole proprietors operating as businesses - Partnerships with Canadian business components - Must partner with publicly funded academic institutions (universities, research centers, colleges) - Businesses of all sectors eligible, provided they have a legitimate industry-based problem requiring academic collaboration ### 💰 Funding Details - Grant Amount: $20,000 to $150,000 per project - Cost Coverage: Up to 50% of eligible project costs - Matching Requirement: Applicant must fund minimum 50% of project costs (through own resources, in-kind contributions, or partner contributions) - Repayability: Non-repayable grant (does not require repayment) - Funding Type: Contribution/subsidy (not a loan) ### 🛠️ Approved Expenses - Research and development activities conducted with academic partners - Personnel costs (salaries/wages for staff dedicated to the project) - Intellectual property development and protection - Technology adoption and commercialization activities - Collaborative project management and coordination - Equipment and materials directly related to solving the industry problem - Professional services supporting commercialization (legal, technical expertise) - Testing, validation, and proof-of-concept activities - Market analysis and commercialization planning related to IP ### ⚠️ Conditions & Milestones - Mandatory Partnership: Active collaboration with publicly funded academic institution(s) must be demonstrated and maintained throughout the project - IP Focus: Project must aim to commercialize intellectual property or solve a specific industry-based problem - Cost-Sharing: Business must demonstrate capacity to fund the remaining 50% of project costs - Project Governance: Clear roles, responsibilities, and agreements between business and academic partner(s) required - Reporting Requirements: Progress reports and milestones tracking likely required during funding period - Commercialization Plan: Business should demonstrate clear pathway to commercializing outcomes - Timeline: Project completion and final reporting deadlines must be met to release full funding - Eligible Use: