In with the new: OCE launches new programs to help industry, academia and young entrepreneurs

October 7, 2013

While all our academic partners were busy heading back to school and our industry partners were settling back after summer vacation, Ontario Centres of Excellence (OCE) was busy launching new programs, partnerships and collaborations that will encourage the commercialization of research and creation of new start-up ventures that will further Ontario’s economy. In case you missed them, here is a round-up of the new programs OCE launched in September:

The Medical Sciences Proof-of-Principle (MSc PoP) program helps commercialize promising life sciences and medical technology intellectual property (IP) developed at Ontario publicly funded academic research institutions (universities, colleges, research hospitals). MSc PoP provides up to $50,000 of debt-free funding to early-stage opportunities for activities that lead to potential commercialization. Applicants may be academic research institutions/researchers, students or recent graduates, or start-up companies who are commercializing academic intellectual property. Applications for the MSc PoP program are due October 16, 2013.

Aerospace R&TD Challenge
OCE, the Ontario Ministry of Research and Innovation, the Ontario Aerospace Council (OAC) and the Natural Sciences and Engineering Research Council of Canada (NSERC) are working to support collaborative research and technology development (R & TD) projects by Ontario industry companies and academic research partners through OCE’s Voucher for Industry Association R&D Challenge program. OCE, in partnership with industry and NSERC, will support approximately five qualified projects (each lasting up to two years) which undertake research and development in the strategic technology focus areas and demonstrate an economic benefit to Ontario's aerospace sector. EOIs for the program are due November 5, 2013.

CYBF-OCE Entrepreneurship Fellowships
Presented in partnership with the Canadian Youth Business Foundation (CYBF), the CYBF-OCE Entrepreneurship Fellowship program supports Ontario students or recent graduates (within the last three years) to create highly innovative start-ups with an economic impact in Ontario and potential to expand to national and international markets. The two-year fellowships provide a $50,000 OCE grant plus mentorship from CYBF in the first year award one of two CYBF loan options (for $15,000 or $45,000) in the second year to  entrepreneurial projects in a wide variety of business areas and academic disciplines. The deadline for applications to the program is November 4, 2013.

Social Entrepreneurship Fellowships
This program funds individual scholars and researchers in social sciences and humanities research to support knowledge mobilization activities and to create innovative start-ups with an economic and social impact in Ontario. The Social Entrepreneurship Fellowship builds on the objectives of the Social Sciences and Humanities Research Council’s (SSHRC’s) Connection Grants and provides an opportunity to leverage funds for successful applicants. Under this one-year co-funded program, SSHRC recognizes OCE as a source for the matching funds required for a Connection Grant, awarding up to 10 applicants with $25,000 from SSHRC and $25,000 from OCE. The deadline for applications to the program is November 11, 2013.