Funding for high potential companies to hire an experienced individual

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About the program

Canadian SMEs or start-up companies can receive up to 40% of the cost of a new employee’s salary to a maximum of $75,000 in order to carry out a project that supports the development of a natural product or technology.

Who can apply?

Incorporated Canadian SME or start-up company with fewer than 10 employees.

  • Company has a novel pre-commercial (TRL 4-9) natural product or technology.
  • Potential to achieve $10MM to 15MM in annual revenue within a reasonable period for the market or sector.
  • Potential for significant economic, social, health and/or environmental benefits.
  • Technological advancement and benefits to the natural products ecosystem across Canada.
  • Technical feasibility of the project.
  • Potential for commercialization in Canada.
  • Potential spillover benefits to more than one sector.
  • Potential for improving the representation of women, visible minorities, and Indigenous peoples in the natural products ecosystem.
  • Member of Canada’s Natural Product Innovation Cluster.

How to apply

Give your application the best chance at approval. AKR Consulting has an 99% approval rating across all Canadian funding programs.

For any inquiry, please call: AKR Consulting Canada at 905-678-6368


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