Ontario Centres of Excellence
325 Front St W, Toronto, ON, M5V 2Y1
Industries: Research and development in the physical| engineering and life sciences · Research and development in the social sciences and humanities
Ontario Centres of Excellence (OCE) connects entrepreneurs, startups, industry, academia & investors to commercialize innovation and compete globally.
Market Readiness Fund
On behalf of the Government of Ontario, OCE supports early-stage companies that are raising pre-seed and seed investments (total round sizes range from $500,000 to $2 million). Market Readiness is a competitive co-investment fund. With more than 300 companies considered for funding each year, OCE completes 30-40 investments a year.
Eligibility
- Companies that have raised less than $1 million in third-party capital (excludes friends and family) are eligible for their first MR investment.
- Incorporated for no more than five years (Ontario or Canadian for-profit incorporation) and have principal operations in Ontario
- Currently or previously affiliated with a campus linked accelerator, incubator, or on-campus entrepreneurship activities in Ontario, or currently or previously affiliated with a Regional Innovation Centre and have previously received funding from other OCE programs (excluding the TalentEdge Program).
- Companies with their team/IP origin at a university (“university spin-out”), college or research hospital are also eligible, even if not Campus-Linked Accelerator-affiliated.
Learn more about Market Readiness Fund at https://marketreadiness.oce-ontario.org/.
Contact:
Jeff Van Heumen
Business Development Manager and Automotive Sector Lead
(226) 235-0444
Jeff.vanHeumen@oce-ontario.org