INVEST North Program — Innovation – Industrial Research Chair ### 📋 Eligible Entities - Northern Ontario universities (publicly funded) - Northern Ontario colleges (publicly funded) - Northern Ontario research institutions (publicly funded or not-for-profit) - Host institutions must have established research capacity and governance structures - Eligible geographic area: Northern Ontario region as defined by the program administrator - Research chair holders must demonstrate academic credentials and research excellence ### 💰 Funding Details - Grant Amount: Up to $150,000 per Industrial Research Chair (specific amounts vary by project scope) - Funding Structure: Non-repayable grant (contribution model) - Matching Requirements: Host institution must provide 40% cost-sharing (combination of cash and in-kind contributions acceptable) - Duration: Typically 5-year funding cycle, renewable based on performance review - Payment Structure: Funds disbursed annually upon milestone achievement and reporting compliance ### 🛠️ Approved Expenses - Research chair salary and benefits - Research personnel (graduate students, technicians, research assistants) - Laboratory equipment and specialized research tools - Research materials and supplies - Professional development and training for research team - Research dissemination and publication costs - Collaboration and knowledge-transfer activities - Technology adoption supporting research objectives - Indirect institutional costs (up to 15% of direct costs) ### ⚠️ Conditions & Milestones - Host institution must commit to maintaining the research chair position for minimum 5 years - Annual progress reports required demonstrating research outputs and outcomes - Research must align with Northern Ontario economic diversification priorities - Chair holder must be engaged in active, publishable research - Mandatory knowledge-transfer activities to regional industry and SMEs - Institutions must maintain eligible status and compliance with funding agreement terms - Research outcomes must benefit Northern Ontario economic sectors - Continuation funding contingent on meeting agreed performance indicators - Funds must be utilized within fiscal year or require reallocation approval - Conflict of interest and ethical research standards must be maintained