Federal Economic Development Agency for Southern Ontario
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Investing in Business Innovation

Investing in Business Innovation boosts private sector investment in start-up businesses to accelerate the development of new products, processes and practices and bring them to market. It also helps angel investor networks and their associations attract new investment and support the growth of angel investment funds.

Applications are being accepted on an ongoing basis. Please refer to the links in the right-hand menu for detailed eligibility and application requirements.

Who is eligible?

  • southern Ontario angel investor networks and organizations that represent angel investor networks
  • southern Ontario start-up businesses with less than 50 employees who have a signed draft term sheet from a recognized angel or venture capital investor

What activities are eligible?

For start-up businesses, eligible activities may include:

  • product and process applied research;
  • engineering design;
  • technology development;
  • product testing;
  • marketing studies;
  • certification;
  • proof of concept;
  • piloting and demonstration;
  • problem solving; and
  • commercialization of IP.

For angel investor networks:

  • Outreach and promotion activities to attract investment.

For organizations representing angel investor networks:

  • Investment attraction activities such as the development of online directories and other activities.

Should you have questions or inquiries, please contact us.

Other initiatives open for application:

Economic Development Initiative | Prosperity Initiative | Graduate Enterprise Internship | Scientists and Engineers in Business | Technology Development Program | Youth STEM

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