Patent Collective Program — Innovation Asset Collective (IAC)
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Eligibility & Details
What this program funds and who can apply
Program Description
Canada's first patent collective for cleantech SMEs. Full Members receive up to $50,000/year in grant funding plus $15,000 in IP credits, IP insurance covering freedom-to-operate disputes, and access to 200+ patents and expert IP strategy support. Associate Members (pre-revenue/early-stage) receive up to $15,000/year at no cost. Designed to help Canadian cleantech companies protect and leverage IP as they scale globally.
Eligibility Requirements
- Canadian SME in the cleantech sector
- Full Member: fewer than 500 employees at startup or scale-up stage
- Associate Member: fewer than 25 employees AND less than $500,000 in annual revenue (early-stage startups)
- Must operate in data-driven cleantech — clean energy, climate tech, sustainable agriculture, water, waste, or related sectors
- Incorporated in Canada (federal or provincial)
Quick Assessment
Funding Details
- Amount
- Up to $20,000 per round for Full Members; up to $10,000 per round for Associate Members (free tier); multiple rounds per year
- Type
- Program
- Level
- Federal
- Co-Funding
- Up to 100% of eligible costs
- Deadline
- Ongoing (rolling applications)
Program Scorecard
Competition, effort, and approval at a glance
Everything you need to win IAC
Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.
- 4-document checklist with what each reviewer is actually checking
- 5-step application timeline with prep hours per step
- Insider tip from program officers on what separates winners
- 4-program stacking strategy to combine with compatible funding
- Success profile + evaluation criteria — exactly what reviewers score on
How to Win
Insider tips, common pitfalls, and what successful applicants look like
Insider TipFull Membership costs $15,000/year but delivers up to $50,000 in grants plus $15,000 in IP credits — a net positive of up to $50,000 annually before counting the value of IP insurance and patent portfolio access.
Success Profile
Evaluation Criteria
Application Playbook
Step-by-step process, required documents, and expenses
Application Steps
Required Documents 4
Eligible Expenses 6
Ineligible Expenses 5
Intake Periods
Deadline Notes
Ineligible Organizations
Applying for IAC? Our Grant Proposal Template ($19) mirrors the section structure Canadian reviewers actually score on. Or get all 4 templates in the Founder Pack ($59 · saves $27) →
Funding Stack Strategy
Compatible programs, clawback risk, and combined funding potential
Compatible Programs
Clawback Risk
Low RiskHow IAC Compares
Side-by-side with similar programs
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| CanExport SMEs | Up to $50,000 | Moderate | Mixed (Advance + Reimb.) | Applications accepted... |
| Innovative Solutions Canada | up to $150,000 | Hard | Milestone-Based | Challenge-specific — new... |
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Frequently Asked Questions
Quick answers to the questions founders most often ask about IAC