There are a growing number of funding opportunities promoting research collaborations between industry and academic institutions. By leveraging some of these funds, you can more easily use the LIVELab to help test/develop your products and gain market insight. McMaster’s Industry Liaison Office (MILO) is there to assist you in applying and learning about these grant opportunities.

Quick Listing

GOVERNMENT PROGRAMDEADLINE DATESGOAL OF PROGRAMGovernment Funds / Industry Match req’d / TermREVIEW TIME / SUCCESS RATE
NSERC Strategic Project Grants (SPG)April 1Increase research and training in targeted areas that could strongly enhance Canada’s economy. Early-stage project research in targeted areasNSERC: $150K/yr (average)Industry: Support letter onlyTerm: 1-3 yrs26 weeks25%
NSERC Industrial Research Chairs (IRC)No deadline, (reviewed: Mar, Jun, Sept, Dec)Faculty salary and research programNSERC: $100-$300K/yr (average)Industry: 1:1 match, cash onlyTerm: 5 years4 to 7 months
NSERC Interaction GrantsNo deadlineFunds to travel and meet with potential industry partners in CanadaNSERC: $5KIndustry: identified contact at a companyTerm: 6 months1 week95%
NSERC Engage Grants (EG) Program No deadlineNew collaboration between industry and academic researcher to solve a company-specific problemNSERC: $25KIndustry: Support letter and in-kind contributionTerm: 6 months4 to 6 weeks80-90% 
NSERC Collaborative Research and Development (CRD) Grants No deadlineWell-defined projects undertaken by university and private-sector partners.NSERC: $100-200K/yr (average)Industry: 1:1 match of cash and in-kind (up to max. of cash contribution)Term: up to 5 yrs3-5 months80-90%
OCE VIP INo deadlineVIP I supports collaborations up to 12 months in duration, between industry and academia that lead to knowledge mobilization, commercialization and increased productivity with significant economic impact for Ontario.OCE: OCE will invest up to $20,000, additional funding can be accessed through NSERC Engage (up to $25,000), and NRC-IRAP(up to $20,000)Industry: 1:1 match of cash and in-kind, Industry cash amount must be min. 25% of amount requested from OCETerm: up to 12 monthsN/A
OCE VIP IINo deadlineVIP II helps eligible companies develop, implement and commercialize technical innovations by supporting partnerships between Ontario’s industry and academia. OCE: minimum of $50,000 annually into a VIP II project.  The maximum OCE investment is $75,000 annually, or up to $150,000 over two years.Industry: 1:1 match of cash and in-kind, Industry cash amount must be min. 50% of amount requested from OCETerm: 1-2 years