Imagine having up to $500,000 to bring your winter weather automotive technology to life. This program is tailor-made for businesses like yours, focusing on validating, testing, and prototyping your innovations in Ontario's unique winter conditions. It's not just about funding; it's about showcasing your products and demonstrating their potential to future clients. With this support, you can develop solutions that are not only innovative but also market-ready, giving you a competitive edge in the industry.

Here's what's in it for you: The program supports projects that create and test new technologies for vehicles and transportation systems. Whether you're working on light vehicles, heavy-duty trucks, or smart transport systems, this funding can help you move forward. You'll need to collaborate with at least one partner, ensuring your project has strong commercial potential and can scale effectively. The partnership approach, with a required matching contribution of at least 2:1, strengthens your project's foundation.

Being approved means having the time and resources to make a real impact, with a maximum project duration of 24 months. This program is designed to be accessible, focusing on businesses that are ready to take their technology to the next level. It's a straightforward opportunity to enhance your business's growth and innovation in the winter tech space.

Grant: The program offers up to $500,000 in grant funding, which does not require repayment. This financial support is designed to help your business undertake projects that validate, test, prototype, and demonstrate new automotive technologies and mobility solutions suited for winter conditions.

Repayment Terms and Interest Rates: Since this is a grant, there are no repayment terms or interest rates applicable. This means you can focus more on innovation and development without the burden of financial repayments.

Eligible Expenses: The grant can be used for a variety of project-related expenses including development, testing, prototyping, and demonstration of technology. It specifically supports activities that advance your technology to a stage where it can be commercially viable and competitive.

Restrictions on Use of Funds: The funds must not be used for basic research or to determine feasibility. Instead, they are intended for projects that have already reached a certain level of technological maturity (Technology Readiness Levels 5-9).

Fees: There are no application or processing fees associated with this grant. This ensures that all the funds allocated can be fully utilized towards the advancement of your project without any deductions.

Your business can receive up to $500,000 in funding to bring your winter weather automotive technology and mobility solutions to life. This program is designed to help you validate, test, and prototype your products in Ontario's unique winter conditions. It's a chance to showcase your innovations and demonstrate their potential to future clients.

The funding supports projects that focus on creating and testing new technologies for vehicles and transportation systems. Whether you're working on light vehicles, heavy-duty trucks, or smart transport systems, this program can help you move forward. The goal is to develop solutions that are not only innovative but also market-ready, giving you a competitive edge.

To make the most of this opportunity, you'll need to collaborate with at least one partner. The program requires a matching contribution of at least 2:1 from you or your private sector partners. This partnership approach ensures that your project has a strong commercial potential and can scale effectively. With a maximum project duration of 24 months, you'll have the time and resources to make a real impact.