This program is currently between intakes. Annual, one intake a year. The 2026 cycle closed April 27, 2026 at 11:59PM EST, with pitch invitations May 8, the pitch session May 28, winners notified June 10 and orientation June 25 — OBI notes these dates are tentative and subject to change. Confirm on the official site ↗
Updated August 2026 · Verified against Ontario Brain Institute guidelines
✓ First-Timer Friendly Milestone-Based Est. 2022
Grant Provincial Between Intakes

Ontario Brain Institute NERVE Program

Ontario Brain Institute
Maximum Funding
$100,000 non-dilutive grant per recipient; up to 5...
Applications for the 2026 NERVE Program closed April 27, 2026
Visit Official Program →
Difficulty
Moderate
Payment
Milestone-Based
Trend
Stable
First-Timers
Friendly ✓
Co-Funding
Varies
Ontario Brain Institute NERVE Program provides up to $100,000 non-dilutive grant per recipient; up to 5 entrepreneurs awarded annually. The Ontario Brain Institute NERVE Program awards up to five early-stage Canadian neurotechnology entrepreneurs a $100,000 non-dilutive grant plus 12 months of training, mentorship and commercialization support. Applications for the 2026 NERVE Program closed April 27, 2026.
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Eligibility & Details

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Program Description

The Ontario Brain Institute NERVE Program awards up to five early-stage Canadian neurotechnology entrepreneurs a $100,000 non-dilutive grant plus 12 months of training, mentorship and commercialization support.

Eligibility Requirements

  • Program is aimed at early-stage entrepreneurs based in Canada — it awards up to 5 Canada-based entrepreneurs per year, not Ontario-only applicants.
  • Applicant must commit to being a full-time entrepreneur for the duration of the 12-month program.
  • Applicant must have an incorporated company, or have plans to incorporate a neurotech company based in Canada.
  • The company must be developing and commercializing a technology based on scientific research that has a fundamental impact on how people understand, diagnose, improve or treat brain and brain-related disorders — neurological, neuropsychiatric and/or sensory diseases.
  • Programs and services are not eligible — the funded work must be a technology.
  • Awarded funds must be used to commercialize a neurotechnology such as a device, therapeutic, AI-based technology or software/ICT; OBI reviews and approves the use of funds.
  • Successful applicants must sign a milestone-based agreement with OBI, and funding is released in three tranches contingent on achieving those milestones.
  • Attendance at OBI's training and support programs is mandatory for all awardees while enrolled.
  • In-person attendance at the pitch session is mandatory for applicants residing in the Greater Toronto Area; applicants elsewhere may pitch virtually.
  • Funding is non-dilutive — OBI does not take equity or IP.
  • The 2026 intake closed April 27, 2026; no 2027 dates are published yet.
Provinces
Industries
Business Stage
Startup

Quick Assessment

Difficulty
Moderate
Competition
High
First-Timer
Friendly

Funding Details

Amount
$100,000 non-dilutive grant per recipient; up to 5 entrepreneurs awarded annually
Type
Grant
Level
Provincial
Deadline
Applications for the 2026 NERVE Program closed April 27, 2026

Program Scorecard

Competition, effort, and approval at a glance

Competition
High
Deadline
Between Intakes
Approval
Varies
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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Rejection Pitfalls 6

  • The venture is a program or a service rather than a technology — explicitly ineligible
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Application Playbook

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Application Steps

1 Confirm you meet the published eligibility You must be an early-stage entrepreneur based in Canada, ready to work on the venture full-time, with an incorporated Canadian neurotech company or firm plans to incorporate one, commercializing a brain-related technology rather than a program or service.

Required Documents 4

Pitch deck
Business/commercialization plan

Eligible Expenses 3

Ineligible Expenses 3

Intake Periods

Deadline Notes

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How Ontario Brain Institute NERVE Program Compares

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Related Programs

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Frequently Asked Questions

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Do I have to be based in Ontario to apply?
No. OBI's published eligibility says the program is aimed at early-stage entrepreneurs based in Canada and awards up to 5 Canada-based entrepreneurs. Only applicants living in the Greater Toronto Area must attend the pitch session in person; everyone else may pitch virtually.
Does the Ontario Brain Institute take equity or intellectual property?
No. OBI states the $100,000 is a non-dilutive grant and that it does not take equity or IP. Awardees sign a milestone-based agreement, not an investment agreement.
Do I need to be incorporated before I apply?
Not necessarily. The eligibility says the applicant must have an incorporated company or have plans to incorporate a neurotech company based in Canada, so a credible incorporation plan is acceptable at application.
How and when is the $100,000 actually paid out?
In three tranches over the 12-month program. Each release is contingent on achieving the milestones in the agreement signed with OBI, and OBI reviews and approves how the funds are allocated against the project plan.
When does the next NERVE intake open for applications?
The 2026 intake closed April 27, 2026 and OBI has not published 2027 dates. NERVE runs annually, so watch the program page from early in the year — the 2026 cycle opened well before its late-April deadline.

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