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What criteria must a company meet to be eligible as an industry partner on a Voucher for Innovation and Productivity (VIP) application?

To be eligible for the Voucher for Innovation and Productivity (VIP) program, companies must:

  • Have been in operation for a minimum of two years and have a minimum of five full-time employees.
  • Be for-profit, have a valid CRA business number and have operations in Ontario (typically manufacturing and/or R&D directly related to the project) and have the capacity to commercialize the results of the project in Ontario and for the benefit of Ontario.
  • Be in good financial and reporting standing with OCE
  • Not have more than $100,000 in active OCE projects (excluding TalentEdge Internships and Fellowships)

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The Business Number (BN) is the first nine digits of your company’s HST account number.(Click here for more information). Ensure that the BN you enter corresponds with your company name at one of the following links: Industry Canada or CRA.

 

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