ElevateIP

About ElevateIP Building on the National Intellectual Property Strategy that was launched in 2018, the Government of Canada continues to further support Canadian innovators, startups, and technology-intensive businesses. In Budget 2021, the government announced $90 million over 4 years starting in 2022-2023 to create ElevateIP. ElevateIP will help Business Accelerators and Incubators (BAIs) provide the tools Canadian startups need to understand, strategically manage and leverage their IP. This includes: Facilitating IP supports by BAIs to startups in Canada; Increasing IP capacity in the BAI ecosystem in Canada through IP education for BAIs and their client startups; and Enabling BAIs to provide targeted supports that are customized to the unique requirements of each startup to help them secure and maintain IP rights. ElevateIP will leverage the existing Canadian BAI network to provide targeted IP supports to startups, as a complement to the BAIs' existing suite of services, such as: Increasing IP awareness and educational opportunities for startups through activities such as workshops, programs, conferences, and peer-to-peer learning opportunities, so they have the foundational IP knowledge required to succeed. Developing IP Strategies and providing startups with the tools, talent and supports to manage and make the most of their IP assets. Implementing IP Strategies by enabling startups to realize the objectives of their IP Strategies ElevateIP is committed to supporting inclusive access to IP supports for Canadian startups.

Up to $100,000 in

intellectual property services

Eligible startups that successfully undergo our application process may receive funding for expert support, such as:

• Expert support to implement your IP strategies, including patent and trademark applications.
• Mentorship, landscape analysis, prior-art searches and advisory services to develop your IP strategy
• Educational resources and seminars to learn how to protect your IP

Tier 1

IP Education

Free access to national, provincial and regional IP resources to help you identify your next steps.

FREE

Tier 2

IP Strategy Development

Coaching, legal and advisory services from leading experts to develop sound IP strategies.

APPLICATION REQUIRED

Tier 3

IP Strategy Implementation

Expert support to implement intellectual property strategy at significantly lower costs.

APPLICATION AND CO-INVESTMENT REQUIRED

Eligibility

• You are a Canadian-Controlled Private Corporation (CCPC)
• You have less than 500 full time employees, globally
• The (CCPC) , not an individual, owns or has exclusive rights to the IP
• You are headquartered in Ontario, Manitoba or Saskatchewan

Please note that meeting eligibility criteria does not guarantee funding.

Co-Investment

Some good things come at a slight cost.

While both our Tier 1 and 2 services are free of cost to you, we do require a co-investment for Tier 3. If approved for Tier 3 services, you will be subject to a 10% to 30% co-investment rate. Startups will be responsible for paying their service provider the co-investment amount before work begins, as outlined in their Statement of Work.

Our program is best
for the following companies:

• You are a tech company that uses, improves, develops, or aspires to develop innovative proprietary technology intended to transform your industry/sector;
• Your technology stands to benefit the economic and/or social impact of Canada;
• Your primary source of revenue (or intended source, if pre-revenue) derives from the technology being developed, not from services or consulting;
• You should have started your go-to-market process and/or demonstrate market potential as well as international expansion potential;
• The ownership of your IP clearly resides with the company, or it is your intention to have the IP transferred;
• There is a clear plan to commercialize the IP being supported;
• The majority of your full time employees are located in Canada;
• Your team is coachable and has grit to move forward!

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