The Business Incubation and Commercialization Grant Program provides financial support to not-for-profit incubators and entrepreneurship organizations in Toronto. The program aims to foster business formation, innovation, and job creation by offering grants for programs and events that support new entrepreneurs, businesses, and start-ups. The program seeks to enhance organizational efficiency and sustainability while utilizing industry best practices. This grant does not provide funding to for-profit businesses but focuses on supporting non-profit organizations that run incubation or acceleration programming for entrepreneurs.

Key Details

• Location: Toronto, Canada
• Eligibility: Not-for-profit organizations offering incubation or acceleration programs.
• Deadline: November 28, by 5 p.m.
• Funding Available:
  
  • Up to 50% of eligible expenses, maximum $20,000 for programs (upfront 75%, 25% after completion).
  • Up to 50% of eligible expenses, maximum $10,000 for events (one-time payment).
  • Multi-Year Operating Stream (3-year cycle):
  • Up to 20% of eligible expenses, maximum $100,000 (upfront 75%, 25% after completion).

Relevant Links 

• Official Website
  

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