GrantBritish ColumbiaTechnology Adoption

Integrated Marketplace

The Integrated Marketplace is a demand-driven platform to test, deploy and scale made-in-B.C. innovation while de-risking technology adoption for key provincial industries and supporting their ability to address decarbonization, productivity, and safety.

Through cost-shared funding, the platform supports collaborative projects between B.C. innovators (Solution Providers) and innovation-seeking organizations (Solution Adopters) in key provincial sectors, enabling new home-grown technologies to be deployed in active operational settings (Testbeds).

Offered by Innovate BC

Amount

No fixed amount

Quick eligibility check

Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
No requirement stated
Location
British Columbia

Who can apply

The Integrated Marketplace is demand-driven.  Projects are identified, prioritized, and developed by eligible companies operating within approved testbeds.  Eligible projects must occur at approved testbeds and:

  1. Be related to decarbonization, improving productivity and competitiveness and/or increasing health and safety
  2. Be no longer than 12 months in length
  3. Occur within one of the seven approved testbeds
  4. Involve at least one B.C.-based Solution Provider
  5. Involve the testing of a commercially ready innovation in real-world operating conditions in a manner that ensures performance data is captured and can be shared with other potential customers
  6. Involve at least two potential customers for the innovation or product being used in the project

Company Eligibility

  1. Eligible Solution Adopters operating within any of the four approved testbeds may submit a project proposal to the IM program upon agreeing to IM’s program conditions. Please contact the IM program for more information.

What is a Solution Provider (SP) and what is required of them to be eligible participants in a project?

SPs are B.C.-based companies that respond to the innovation needs (demand) of the Solution Adopter (SA) and provide their product or service to be used in real-world conditions for a project within a testbed. At least one SP must meet the following conditions and complete the appropriate attestation form. All eligible projects must involve at least one B.C.-based SP.

About the funding

Through cost-shared funding, the platform supports collaborative projects between B.C. innovators (Solution Providers) and innovation-seeking organizations (Solution Adopters) in key provincial sectors, enabling new home-grown technologies to be deployed in active operational settings (Testbeds).

The Integrated Marketplace co-funds projects alongside industry partners. Industry co-funding is required to demonstrate a high level of commitment from the potential customer to procuring the product if it can demonstrate sufficient benefits.

The IM allows for a wide range of eligible costs that include:

  1. Incremental salaries specifically related to the project
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  1. Purchase of goods and services related to the project by the customer or supplier
  2. New incremental software, hardware and data sets
  3. Shipping, transportation and installation of a product
  4. Site improvements needed to specifically support the project

Similar programs

ProgramTypeAmountStatus
Innovative Clean Energy (ICE) Fund: Innovation and PartnershipsGrantGenerally between $50,000 and $3,000,000 and up to 75% of eligible costs per projectOpen
Regional Quantum Initiative in British ColumbiaLoan, Grant$500,000 to $5 million per recipientOpen
AgriScience Program – ProjectsGrant, In-Kind SupportUp to $5 million per project and $10 million per applicant over the program's duration (2023 to 2028)Open
Canadian Agricultural Strategic Priorities ProgramGrant, LoanAAFC contribution normally not exceeding $1 million per project, generally not more than $5 million over 5 years for each applicantOpen