Grants

Grants

NORCAT Innovation proudly supports Greater Sudbury's small and medium-sized enterprises (SMEs) through targeted grant programs that fuel innovation, accelerate commercialization, and drive regional economic growth. Through the RAII and IAP programs, eligible businesses can access matching funds of up to $20,000 per project on a 1:1 basis. These initiatives help local innovators bring bold, forward-thinking solutions to market with greater speed, efficiency, and impact - strengthening the future of Northern Ontario's innovation ecosystem.

Innovation Acceleration Program (IAP)

The IAP fund supports tech-enabled founders in Greater Sudbury through matching grants of up to 50% of eligible costs or $20,000 per SME.

Application Process:

Applications to the Innovation Acceleration Program (IAP) take the following path:

  1. Apply: Submit application form; initial review within 2 business days.
  2. Evaluation: Provide full application; detailed review follows.
  3. Decision: Receive outcome within 1 month.
Regional Artificial Intelligence Initiative (RAII)

The RAII fund accelerates AI adoption among SMEs in Northern Ontario with a 1:1 grant of up to 50% of eligible costs or $20,000 per SME.

Application Process:

Applications to the Regional Artificial Intelligence Initiative (RAII) take the following path:

  1. Apply: Submit application form; initial review within 2 business days.
  2. Evaluation: Provide full application; detailed review follows.
  3. Decision: Receive outcome within 1 month.

Funded by FedNor

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