Partnering is part of Ontario Centre of Innovation’s way of doing business and enables us to leverage expertise and resources that complement our mandate and achieve a higher level of impact in strategic areas of economic priority for Ontario.
An integral part of Ontario’s innovation ecosystem, OCI continues to expand its powerful network of partnerships with government, industry, academia, investors and other key innovation players to drive commercialization, technology transfer, and the development of highly qualified personnel. From referrals to collaboration agreements and co-investments, OCI works with its partners to make companies more innovative, facilitating increases in their growth and profitability through industry-academic collaborations.
OCI’s operational and program funding is primarily provided by the Ontario government with additional program funding coming from the federal government. We are committed to promoting a whole-of-government approach that provides companies with a single entry point to access provincial and federal funding as a means to minimize duplication and increase program impact. Currently, our partners in this mission are Natural Sciences and Engineering Research Council (NSERC), the National Research Council of Canada’s Industrial Research assistance program (NRC-IRAP); Connect Canada Auto 21 and Business Development Bank of Canada.
OCI engages with a wide range of organizations in a variety of national and international private-sector partnership arrangements.
As part of our mandate from the Government of Ontario, OCI works with the province’s universities, colleges and research hospitals to foster industry-academic collaborations that create innovative new technologies, products and services leading to greater overall economic prosperity. We also engage with our universities and colleges in supporting youth entrepreneurship through Campus Linked Accelerators, On-Campus Entrepreneurship Activities and the SmartStart Seed Fund.