Circular Opportunity Innovation Launchpad (COIL) Activate Circular Accelerator
$30,000.00
Accelerator, Grant, Loan
Description:
The COIL Activate Circular Accelerator helps scalable businesses reach new markets through circular knowledge and practices.
Comments on Funding:
Funding and financing is up to $30,000. Businesses will have access to a $20,000 grant as well as an optional $10,000 loan offered through a 2-year term at 0% interest.
Applications are closed. Stay tuned for future intake announcements.
Eligibility:
Applicants must be:
1. entrepreneurs with a passion for circular innovation;
2. businesses with a demonstrated track record of growth and an annual revenue of $200,000;
3. registered business in Canada and operational within southern Ontario.
Application Steps:
1. Applicants must submit the online application form.
2. For further information sign up for an information session or download our one-pager!
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
May 2024: The program is no longer available.
Nov. 2023:
The COIL Activate program is not currently accepting new clients; however, we anticipate offering new cohorts soon. If you’d like to be notified when that happens, sign up for our newsletter here.
Older:
1. COIL Activate is a program of COIL and Our Food Future, Guelph and Wellington County’s smart cities strategy to grow more circular businesses and collaborations across Ontario. The Activate Accelerator program is delivered through Innovation Guelph.
2. Current program runs from November 1, 2022 – April 30, 2023.
About the author
Maurice
