Innovation Acceleration Program (IAP)
“Sault Ste. Marie Innovation Centre”
$10,000.00
Maximum Eligible Amount
Government Grant
Fund Type
In Northern Ontario, many small and medium sized enterprises (SMEs) have difficulty funding the initial commercialization steps required to accelerate product introduction and marketplace positioning. The Innovation Acceleration Program (IAP), funded by FedNor, is intended to provide funding to assist SME’s with the development and commercialization of new innovations and promote innovative business growth.
IAP supports technology based ventures with financial assistance to access technology and technical support. This program is designed to help fast track growth, making ventures more competitive and allowing them to commercialize their product/service.