Frequently asked questions
Is my business eligible for OCIP?
All Ontario businesses are eligible to participate in OCIP. If you’re interested in participating, subscribe to our contact list so you can be notified when OCIP is available for your business.
Is my higher education institution (HEI) eligible for OCIP?
What information do you need from my business?
How much does a research and development (R&D) project cost?
OCIP helps you leverage research grants to help pay for your project by matching you to a funding agency. Currently, there are 80+ funding programs available for matching within our database. For example, Mitacs, one of our funding partners, requires businesses to have a minimum of $7500 available in order to apply for additional funding. This amount is matched by Mitacs in $7500 increments, and is intended to pay for a single researcher expert’s time and resources over 4 month period.
A project which spans 4 months will typically cover smaller scope projects, literature reviews, analysis of data sets, and short lab projects. Projects that require more technical development, prototyping, or research can require more time and a larger budget.
How long does it take to get matched?
Who owns the intellectual property when a project is finished?
What about non-disclosure agreements?
Researchers from higher education institutions have access to view Innovation Challenges in order to appropriately scope the work involved.