OCIP: The Northern, Rural, Women-led and Indigenous Innovation Voucher Program
Fostering innovation and collaboration between SMEs and academic institutions.
The Innovation Voucher Program provides funding for entrepreneurs seeking research and collaboration with academic experts across Ontario. Eligible businesses will receive a $5000 in-kind voucher to supplement the cost of an academic consultation on their proposed research project. Entrepreneurs will have the opportunity to meet 1-1 with the academic matched to their proposal and receive key insight into the feasibility of their work.


Bring value to your business through an OCIP Innovation Voucher
- Innovation Translation: OCIP helps transform business innovation needs into practical, actionable solutions using insights from academic experts.
- Reduced Research & Development (R&D) costs: OCIP provides businesses and organizations with a low-cost feasibility and scope assessment of their proposed development.
- New Industry Partnerships: OCIP connects businesses with the right academic expert for their project at one of 53 Ontario Higher Education Institutes.
- Funding Alignment: OCIP matches project objectives with suitable funding opportunities from a selection of over 400+ funding programs.
Eligibility
- To participate in the Innovation Voucher Program, businesses must:
- Have a valid Canada Revenue Agency business number*
- Be from Northern, Rural, or Indigenous communities, or identify as a women-led business.
- Submit an Innovation Challenge by January 31st, 2025
*Some Indigenous businesses may be eligible for exemption from this requirement

Stages of the Program:
1. Application and Selection Process
Approved businesses get matched with an academic expert based on project requirements.
Businesses submit an Innovation Challenge (IC), which is a detailed project proposal issued by a business or organization, outlining the nature of the challenge they are currently facing. We use this information to connect the business with an academic expert who will develop a Scope of Work (SoW).
2. Collaboration
The academic expert develops a Scope of Work (SoW) based on the business’s needs and the challenge at hand. The SoW offers valuable insights from an academic expert on the resources needed to execute the entire project. Following the SoW’s completion, there is an opportunity for businesses to explore a detailed project partnership with an academic expert. This includes leveraging recommended facilities and funding programs to move the project forward. Learn more about the OCIP process on our ‘How it works’ page.
After the SoW is finalized, the business and academic expert can opt to continue the partnership by formalizing a detailed project plan. This may involve applying for additional funding, signing a collaboration agreement with the academic institution, using specialized research facilities, or continuing long-term collaboration to bring the project to completion.
How to Apply
For questions, contact us at ocip@ecampusontario.ca.
