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.
Develop the local economy and infrastructure.
Demographic
N/A
Incorporated
No
Contact
705-670-5619
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 help strengthen Ontarios 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 Ontarios 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
Similar funding programs
Grant
Loan
Loan
Financial assistance for businesses with revenues over $50 million to conduct sustainable technologies, energy, infrastructure, and extractive industries projects on a global scale to benefit Canada.
Max Funding N/A
Government of Canada, Export Development Canada - Structured and Project Finance
Grant
Funding and support for economic planning, opportunity identification and capacity development. Funding covers a maximum of 75% of project costs plus 50% of capital expenses. Three tiers available:
- tier 1 up to $30,000;
- tier 2 between $30,001 and $100,000; and
- tier 3 between $100,001 and $500,000.
Max Funding $500,000.00
Government of Yukon, Department of Economic Development - Regional Economic Development Fund
Loan
Grant
Grant
Financing packages and grant assistance programs for Métis Entrepreneurs in Saskatchewan. Purposes: start-up, development, expansion.
Max Funding $250,000.00
SaskMetis Economic Development Corporation - Loan Programs