The initial focus of the Centre will be on commercializing new technology discoveries related to the environment, natural resources and energy; health and related life sciences; and digital media.
Champions of Innovation
The Champions of Innovation initiative supports research and development
of disruptive technologies that have the potential to create new markets
and to provide the basis for new start-up companies. OCE investments
are made on a 12-month renewable term, typically for up to two years,
based on the financial return expected from the research outcomes. Annual
investments in a Champions of Innovation project average $50,000.
Eligibility
Successful Champion of Innovation proposals will have the following
elements:
A compelling business case for potential research outcomes.
Demonstrated interest by groups representing the industry that the
technology will impact (e.g. sector associations, NGO) through an in-kind
contribution.
Intellectual Property arising from the project will be managed in
accordance with the University/College/Hospital and Research Collaboration
Agreements entered into with OCE.
Demonstrated talent development and training opportunities for students.
Potential to create a new market (therefore industry partnerships
are not required).
Demonstrated potential benefit to the Ontario economy.
Application Process
Applicants should contact an OCE representative to discuss their proposal
and obtain the relevant forms. Proposals are subject to external peer
review.
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