How are Voucher for Innovation and Productivity (VIP) 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: 

• Significance of the challenge/opportunity to support the company's business strategy and/or growth
• Rationale for the proposed project to address the company-specific problem or opportunity
• Clarity and appropriateness of the research and development methodology, objectives and roles of each partner
• Feasibility of the project plan (i.e. milestones, budget, timeframe, project management plan and risks)
• Appropriateness of the team's experience, expertise and resources to perform the proposed project
• Clarity of the rationale and plan for collaboration between the research team and company
• Clarity and feasibility of the plan to implement and/or commercialize the project results, including management of Intellectual Property emerging from the project, and next steps after the project completion
• Adequacy of the company resources and capacity to commercialize the results
• Likelihood of economic benefit for the company in Ontario (including job creation/retention, new revenue generation, investment attraction, cost savings, value chain development) within three years of project completion
• Overall quality and completeness of the application