Funding
The Ontario BioAuto Council is open for business, on the strength of a $5-million investment fund sponsored by the Government of Ontario. The council is now seeking applications that support biomaterials commercialization and market development.
Applications must include a market analysis, business plan and budget for the proposed product or technology. Only Ontario-based, for-profit ventures are eligible (for full application details, click here). The council will partner with existing companies for projects valued up to $2 million.
Funding will be geared towards securing Ontario’s global leadership in product development from renewable feedstocks. Priority will be given to the commercialization of near market-ready products and processes.
The Ontario BioAuto Council aims to ensure Ontario companies lead the green evolution of biomaterials – especially when it comes to bioplastics, biocomposites and other materials headed for the auto sector. Applications are also welcomed for development of biobased construction and packaging materials, as well as other consumer goods (excluding biofuel).
Applications for funding are accepted the first business day of every month. The fund will remain open until all funds are committed.
The Ontario BioAuto Council Investment Fund is administered by the BioAuto Council investment committee and Board of Directors.
Related Topics
Request for Proposal – program criteria
Ontario BioAuto Council Investment Fund Decision Process
BioAuto Commercialization Process
OTHER FEDERAL FUNDING PROGRAMS
Agricultural Bioproducts Innovation Program (ABIP)
Agricultural Biofuels Capital Investment Program (ecoABC)
Investments in Forest Innovation
Next-Generation Renewable Fuels Fund
OTHER PROVINCIAL FUNDING PROGRAMS
Biogas Systems Financial Assistance Program