The Ontario Agri-Food Research Initiative (OAFRI), designed to provide funding to advance key agri-food research and innovative projects in the province, has opened applications for its commercialization stream to support advancing research into the marketplace.
The OAFRI commercialization stream will provide funding for two project types:
Project Type A: Market Validation Grants (up to $30,000 per project) Conduct market research to determine the size and quality of the market opportunity for a new and promising technology, product, or service with the goal of determining if there is any market potential before more research funds are spent on the technology.
Project Type B: Product Development Grants ($50,000-$150,000 per project) Create prototypes, perform field trials, remove any barriers to a market launch or private sector adoption and optimize a minimum viable product that best meets the needs of customers.
The commercialization stream is delivered through Bioenterprise Canada Corporation and supported through the Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA) and the Canadian Agricultural Partnership.
The deadline to apply for funding is October 29, 2021. For more information, you can visit their website by clicking here.
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