Dr. Laura Yu. Manager, Innovation Procurement

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1 1

2 Dr. Laura Yu Manager, Innovation Procurement 2

3 Overview 3

4 Program Structure & Funding Phases 4

5 Program Structure Reimbursement-based funding model Two funding phases, based on technology readiness level at time of application 5

6 Feasibility Innovative technology at the conceptual stage Develop feasibility, technical merit, commercialization potential Funds 100% eligible cost, up to max. $100K Max. 6 months project duration Deliverables Description of tech and how it addresses challenge Comprehensive plan to take tech to next stage of proof-of-concept or prototype development & demonstration in experimental setting Competitive analysis Go-to-market strategy and financing required to get it to market ready 6

7 Product Development & Demonstration Support development of tech that is at proof-of-concept stage (i.e. TRL 3) to prototype development up to TRL 7 Develop, test, demonstrate tech in experimental setting Funds 75% eligible cost up to max. $1M. Applicant must match remaining 25% in cash Max 2 years in project duration Deliverables Tech solution should be ready for next stage of commercialization and market entry Depending on tech readiness, may be ready for piloting in real environment 7

8 Source: 8

9 How to Apply 9

10 Eligibility For-profit Ontario-based SME (less than 500 employees) Incorporated start-ups are eligible Committed to commercialize technology in Ontario Demonstrated capacity to develop and commercialize technology Technology scalable across markets 10

11 Eligible use of funds Feasibility Stage Market studies to validate commercialization potential, competitive analysis Activities directly related to demonstrating technical merit and feasibility of the technology (include collaboration with academia) Product Development & Demonstration Stage Prototype development, testing, demonstration in experimental setting (include collaboration with academia) 11

12 Application process 1. Consult Program Guidelines (including Eligibility, EOI Template and Assessment Criteria) 2. Two-stage process EOI to Full Application 3. Selected EOIs invited to Full Application Stage 12

13 Initiating EOI Complete the client intake form Contacted by one of our Business Development Managers to discuss the opportunity 13

14 Timeline Call for Expressions of Interest (EOIs) Late November, 2017 SBIC Partnering Forum December 12, 2017 EOI Submission Deadline January 11, 2018, 2 p.m. EST Invitations for Full Application February 5, 2018 Full Application Submission Deadline March 1, 2018, 2 p.m. EST Award Notifications to Applicants May, 2018 Public Announcement of Results August,

15 Tips and Advice Expressions of Interest (EOI) EOIs must be submitted through AccessOCE (to be initiated at least 7 days in advance) Be concise and stay within word limit! Bulk allocation of budget by expense categories only 15

16 Tips and Advice Use graphics & figures whenever possible Include chart or table to demonstrate technical feasibility and stage of technical development 16

17 Tips and Advice Encourage Partnership Scalability and Adoption Across Multiple Markets 17

18 Contact for questions Laura Yu Manager, Innovation Procurement , x

19 19

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