R&D Partnership Fund – Electric Vehicle (EV) Stream 2
Receive co-investment of up to $1,000,000 toward the development, testing and validation of electric vehicle (EV) and battery-focused technologies.
The R&D Partnership Fund – Electric Vehicle (EV) – Stream 2 Program supports projects related to the development and demonstration of technologies in electric vehicles (EV) and battery manufacturing technologies in the following priority areas:
Offered by Ontario Centre of Innovation (OCI) and Ontario Vehicle Innovation Network (OVIN)
Amount
Up to $1,000,000 in funding over a maximum of 24 months; all funds must be matched by a minimum 2:1 contribution from applicants and/or private sector partners
Quick eligibility check
Who can apply
Eligible Applicants
- Applicants are Small and Medium Enterprises (SME) defined as having fewer than 500 global, full-time employees.
- Applicants are required to have operations in Ontario and carry out their project in Ontario.
Eligible partners
- Small and medium enterprises (SMEs)
- National and multinational enterprises (NEs and MNEs)
- Academic institutions (as clients only)
- Municipalities
- Indigenous communities
- Not-for-profit organizations representing industry
- Crown Corporations
- Transit Authorities
Additional partners can also join the project. There is no limit on the number of partners. Partnerships should represent significant potential commercial opportunities for all parties.
Eligible Projects
- One applicant and a minimum of one partner, as defined above.
- Stream 2 supports a total budget of up to $3,000,000 over 24 months.
- This program is not intended to prove feasibility or for basic technology research. Projects should be at Technology Readiness Level 3-9.
- Typical project activities include technology development, demonstration, product/service validation, testing, and piloting.
- Applicant and Partners should demonstrate close collaboration and scalable outcomes with high potential for commercialization, strong commercial pull, competitive advantage and alignment with intended program benefits.
- Eligible projects MUST include demonstration of actual products that can be showcased in Ontario at events, on the road, to OCI and its partners, and/or at customer sites.
About the funding
The R&D Partnership Fund – EV – Stream 2 Program supports approved projects with up to $1,000,000 in funding over a maximum of 24 months. All funds must be matched by a minimum 2:1 contribution from applicants and/or private sector partners.
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