Grant
Provincial
Active
OVIN Incubators — New Venture Creation Program
Ontario Vehicle Innovation Network (OVIN) / Ontario Centre of Innovation
Maximum Funding
Up to $50,000
Rolling intake; no deadlines while the program is open.
Difficulty
Hard
Payment
Varies
Trend
Stable
First-Timers
—
Co-Funding
50%
OVIN Incubators — New Venture Creation Program provides Up to $50,000 per approved project; OVIN contributes up to one-half of eligible project costs. Minimum 1:1 private-sector contribution match required. Supports early-stage automotive and mobility technology development by providing up to $50,000 per approved project, matched 1:1 by private-sector funds, to incorporated Ontario-based SMEs. The program covers up to 50% of eligible costs. Applications are accepted on an ongoing basis.
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Eligibility & Details
What this program funds and who can apply
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Program Description
Supports early-stage automotive and mobility technology development by providing up to $50,000 per approved project, matched 1:1 by private-sector funds, to incorporated Ontario-based SMEs.
Eligibility Requirements
- Recipient of OCI funds must be an incorporated Ontario-based SME
- Active corporation with a Business Number issued by the Canada Revenue Agency
- Registered operations in Ontario
- Fewer than 500 global full-time employees
- Project must support technology development from conception to prototype (TRL 2 to TRL 4+)
- Project activities carried out in Ontario
- Minimum 1:1 private-sector matching contribution required
- May be an applicant on only one New Venture Creation project at a time
- A researcher at an Ontario post-secondary institution may apply, but the SME must be the fund recipient
Provinces
Industries
Business Stage
Quick Assessment
Difficulty
Hard
Competition
Moderate
First-Timer
Not rated
Funding Details
- Amount
- Up to $50,000 per approved project; OVIN contributes up to one-half of eligible project costs. Minimum 1:1 private-sector contribution match required.
- Type
- Grant
- Level
- Provincial
- Co-Funding
- Up to 50% of eligible costs
- Deadline
- Rolling intake; no deadlines while the program is open.
Program Scorecard
Competition, effort, and approval at a glance
Competition
Moderate
Deadline
Ongoing
Approval
Varies
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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How to Win
Insider tips, common pitfalls, and what successful applicants look like
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Insider TipEnsure your incorporated SME is the fund recipient, not the academic researcher; line up private-sector matching funds before applying and commit to only one project at a time.
Rejection Pitfalls 8
- The matching contribution comes from a government or public source rather than the private sector
+7 more pitfalls
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Success Profile
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Evaluation Criteria
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All 8 pitfalls, the checklist and the reviewer notes are in the Playbook below. See what it includes ↓
What's in this Playbook
Everything you need to win OVIN Incubators — New Venture Creation Pro...
Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.
- 8 rejection pitfalls reviewers flag — so you catch them first
- 7-document checklist with what each reviewer is actually checking
- Your Application Game Plan — the print-ready PDF the preview below describes
- 6-step application timeline with prep hours per step
- Insider tip from program officers on what separates winners
- 1-program stacking strategy to combine with compatible funding
- Success profile + evaluation criteria — exactly what reviewers score on
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Application Playbook
Step-by-step process, required documents, and expenses
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6 steps
7 docs
Application Steps
1
Submit the client intake form Complete the client intake form to begin. Completing it does not constitute an application for funding.
Required Documents 7
✓ Client intake form
✓ Full Proposal Questionnaire
Eligible Expenses 1
Intake Periods
Deadline Notes
Ineligible Organizations
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Funding Stack Strategy
Compatible programs, clawback risk, and combined funding potential
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1 partners
Compatible Programs
Other government grant programs, municipalities, transit authorities, academic institutions, local electricity distribution companies and government agencies
Combined Funding Potential
See your total funding potential
Clawback Risk
Unknown Risk
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How OVIN Incubators — New Venture Creation Pro... Compares
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| OVIN Incubators — New Venture Creatio... | Up to $50,000 | Hard | Varies | Rolling intake; no... |
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Frequently Asked Questions
Quick answers to the questions founders most often ask about OVIN Incubators — New Venture Creation Pro...
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How much can I get and what do I have to put in?
The program contributes up to one half of eligible project costs to a maximum of $50,000, with the remainder contributed by the applicant. That is a minimum 1:1 match to the OVIN contribution.
Can another grant pay for my matching half?
No. The match must be private sector contributions, unencumbered from other government grant sources. Contributions from municipalities, transit authorities, academic institutions, local electricity distribution companies, government agencies and other grant programs do not count.
Who actually receives the money?
The recipient of OCI funds must be an incorporated Ontario based SME: an active corporation with a CRA Business Number, registered operations in Ontario, and fewer than 500 global full time employees. A researcher from an Ontario post secondary institution may be the applicant, but the funds go to the SME.
What stage does my technology need to be at?
The program supports technology development from conception to prototype, meaning Technology Readiness Level 2 at the start of the project and TRL 4 or higher at the end. Projects run between 4 and 10 months.
Who owns the intellectual property?
You do. Intellectual property arising from a project is managed by the applicant, and OCI does not claim or manage IP rights.
Is there a deadline?
No. Applications are accepted on a rolling intake basis with no deadlines while the program is open.
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Full Playbook: OVIN Incubators — New Venture Creation Pro...
6 steps · 7 docs · reviewer insights