Funding

Discover a comprehensive resource for understanding and accessing funding opportunties for both HEIs and businesses/organizations

Scientific Research and Experimental Development (SR&ED) Tax Incentives

As described by the Government of Canada, Scientific Research and Experimental Development (SR&ED) tax incentives are intended to encourage businesses to conduct research and development in Canada. If your business (or other eligible organization) is engaged in scientific research and experimental development — like the Innovation Challenges you submit through OCIP, for example — you may be able to earn tax incentives that reduce your income tax payable. View our SR&ED page to learn more about the program and how to claim this incentive.

Funding Programs

The OCIP database contains 400+ funding programs from organizations across Canada. Once an Innovation Challenge has been submitted, the OCIP algorithm will match the Innovation Challenge to the funding program that suits the research best. Funding will be awarded at the discretion of each funding organization.

Below are just some of the organizations that host the funding programs listed in our database.

Automotive Parts Manufacturer's Association (1)

Employment and Social Development Canada

Ontario Ministry of Heritage, Sport, Tourism and Culture Industries

Federal Economic Development Agency for Southern Ontario (1)

Innovation, Science and Economic Development Canada (2)

Ontario Ministry of Training, Colleges and Universities

Natural Sciences and Engineering Research Council of Canada

Northern Ontario Heritage Fund Corporation

Ontario Ministry of Agriculture, Food and Rural Affairs

Ontario Ministry of Economic Development, Job Creation and Trade

Federal Economic Development Agency for Northern Ontario (1)

Ministry of Natural Resource and Forestry

OCIP and eCampusOntario

OCIP is a product of eCampusOntario, a provincially-funded non-profit organization that supports Ontario’s higher education institutions. We support digital transformation and encourage innovation, collaboration and education partnerships to connect Ontario’s campuses to the future of learning and innovation. 

eCampusOntario is a not-for-profit centre of excellence and global leader in the evolution of teaching and learning through technology.

OCIP is made possible with funding from the Ontario Ministry of Colleges and Universities.