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July 26, 2013

The Ontario Centres of Excellence connects eligible Ontario companies with research institutions to address challenges and improve productivity, increase success, performance and competitiveness.  Eligible Ontario companies receive a voucher, which is a credit, that they can redeem for expertise and resources from Ontario universities, colleges and research hospitals to advance productivity and commercialization.  Four types of vouchers are available:

Voucher for Innovation and Productivity (VIP)
Helps eligible companies develop innovative products, processes and services with a focus on exporting to new markets.

Voucher for Commercialization (VC)
Helps eligible businesses commercialize intellectual property developed at Ontario publicly funded academic research institutions via licensing or start-up opportunities

Voucher for E-Business (VEB)
Connects eligible main-street companies with contacts at Ontario colleges to help companies take advantage of online tools for driving market expansion including exports.

Voucher for Industry Association R&D Challenge (VIA)
Connects industry associations or groups of companies with Ontario publicly funded academic research institutions to address sector-wide research and development challenges.

Tags: Funding and Support and Incentives

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