How are Voucher for Innovation and Productivity II (VIP II) applications evaluated?

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Last updated: 19-Nov-2025

Applications will be evaluated on the following assessment criteria which include but are not limited to:

• Clarity of the company challenge, significance of the opportunity, and expected economic benefit to the company and Ontario (e.g., new revenues, job creation/retention, productivity improvements)
• Ability of the innovation to address the company challenge, technical merit and novelty
• Expertise and experience of the team members, clarity of roles and responsibilities, and evidence of collaboration
• Clarity, feasibility and appropriateness of the project plan and budget
• Evidence of next steps, and clear strategy and capacity to bring the results to market and/or implement at the company
• Overall quality and completeness of the application​