Up to $50,000 for Northern BC companies to conduct R&D, develop new or improved products and services or innovative technologies
NORTHERN INDUSTRIES INNOVATION FUND
Type of Funding
Grant
Max Funding
50,000.00
Region
Provincial
Application Difficuty
Complex
Processing Time
Slow (A few months)
Province
British Columbia
Industry
Agriculture and agri-food and Forestry/fishing and hunting.
Funding Goals
RnD/Innovation/Develop a product or service.
Demographic
N/A
Incorporated
Yes
Contact
info@northerndevelopment.bc.ca
(250) 561-2525
Apply For A Loan
Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +
Funds in 24 hours
$10,000 to $800,000
Details
Funding to cover up to 50% to support innovation projects that increase the competitiveness of local businesses in traditional industries in Northern BC.
Eligibility
All applicants must be located/headquartered within the Northern Development Initiative Trust region.
Privately owned
Incorporated
Less than 500 employees
Revenues less than $100 million
Registered non-profit organizations engaged in industrial activities
Post-secondary institutions working with a private sector partner or an applied research project with private sector implications
Community contribution companies
Similar funding programs
Grant
Funding for innovation projects in the areas of natural resources, applied science and/or engineering.
Max Funding $300,000.00
Innovate BC Ignite Program
Grant
Non-repayable funding for space related R&D and generic space tech innovations.
Max Funding $1,000,000.00
Space Technology Development Program
Grant
Funding awarded to the first producer with a made-in-Canada biojet fuel for the Aviation industry. Sustainable aviation fuel must meet the criteria for a major Canadian airline to purchase and use for a flight across Canada.
Max Funding $1,000,000.00
Impact Canada