The Alberta Ontario Innovation Program will fund approved projects as follows:
- AI can contribute a minimum of $100,000 and a maximum of $250,000 CAD over two years
- OCE can contribute a minimum of $100,000 and a maximum of $250,000 CAD over two years
Industry partners match:
- Industry partner(s) are required to match 1:1 the AI and OCE contributions with a combination of cash (minimum 50%) and in-kind (minimum 50%) contributions. (e.g., if OCE and AI each contribute $100,000, the industry partner(s) in Ontario are required to contribute a minimum of $50,000 cash and $50,000 in-kind, as are the Alberta industry partners). The industry contribution in Alberta and Ontario from all partners would be $100,000 in cash and $100,000 in-kind to the overall project.
Industry & Business,Working & Jobs
contact Philippa.King@oce-ontario.org for further details.