Up to $500,000 funding for projects that enhance Ontario’s critical minerals sector

Critical Minerals Innovation Fund

Type of Funding

Grant

Max Funding

500,000.00

Region

Provincial

Application Difficuty

Complex

Processing Time

Slow (A few months)

Province

Ontario

Industry

Mining oil and gas and utilities.

Funding Goals

Increase productivity/quality/safety and/or efficiency.
Develop the local economy and infrastructure.

Demographic

N/A

Incorporated

No

Contact

705-670-5619

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Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours $5,000 to $50,000 No hidden fees No collateral Applying doesn’t impact credit score

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Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours
$10,000 to $800,000

Details

Funding to help strengthen Ontario’s critical minerals sector. Covers 50% of eligible project costs related to research, development and commercialization of innovative technologies, techniques, processes and solutions for critical minerals, stimulate investment in Ontario’s critical minerals supply chain, increase critical minerals exploration, mining, development, production and processing.

Eligibility

A private-sector business - Project is based in ON
A private sector business collaborating with a public sector academic or research institution, non-profit organization or association. For projects involving collaboration between two or more entities, one entity must be the lead applicant and the funding recipient - Project is based in ON

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