The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) Applied Research and Commercialization Initiative is a new program, in its second year, aimed at addressing the gap between research and commercialization in southern Ontario and encouraging collaboration between businesses with less than 1000 employees (SMEs) and post-secondary institutions. The Initiative allows Brock to provide up to $100,000 in funding to establish partnerships with SMEs to undertake pre-commercialization, applied research, technology development, piloting and/or demonstration activities that will help these SMEs develop innovative products, practices and processes. SMEs are required to match the Brock funding, either in cash, in kind or a mixture of both. Brock University was successful in receiving funding of up to $750,000 which will be used to support 10-20 projects in 2012.
More information about the program can be found at feddevontario.gc.ca
IMPORTANT: It is a requirement of FedDev Ontario that Brock University enter into an SME Collaboration Project Agreement with each SME for the carrying out of a project. Each SME Collaboration Project Agreement must contain certain terms and conditions as directed by FedDev Ontario. These include, but are not limited to, terms regarding ownership of intellectual property (title to any intellectual property developed as a result of a project must vest in either the SME alone or in the SME and Brock researchers jointly) and the right to audit (the SME must agree to release to Brock University, for the purpose of releasing to the Auditor General of Canada, all accounts and records relating to the project).
The ARC initiative is designed to help move innovative products to the next step toward commercialization through applied research. Aspects of a project such as market surveys, business plans, communication plans, and market plans do not qualify for this program. If you have a project that you think meets the criteria of this program, please fill out the application below. Applications can be made by Brock researchers or SME representatives.
NOTE: The deadline to receive SME Collaboration proposals is June 15th, 2012.
If you are an SME representative, complete this section only if your company has formed a partnership with a Brock researcher.
GROSS SALES REPORTED ON CANADIAN FEDERAL TAX RETURN IN PREVIOUS 2 FISCAL YEARS
If you have more than one file, please zip them and attach a single, zipped file.
Indicate the breakdown of the total budget in terms of:
(Typically between 35% and 50% of the total budget)
(Typically between 5% and 15% of the total budget, depending on the level of PI involvement. These funds are indirect costs and do not go to the PI personally)
(Typically between 0% and 10% of the total budget, depending on the level of other Brock staff. These funds are indirect costs and do not go to the Brock staff personally)
(Typically 0%- 15% of the total budget, and capped at 15%)
(Typically 0-8% of the total budget and capped at 8%)
(typically 0-10% of the total budget and capped at 10%)
(Typically 0-12% of the total budget and capped at 12%)
Indicate the breakdown of the Brock contribution to the budget in terms of:
Indicate how the SME contribution will be made:
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