Government Program Ongoing

Bioindustrial Innovation Canada (BIC)

Offered by Bioindustrial Innovation Canada

Ontario Clean Technology & Environment Biotechnology & Life Sciences

Program Overview

Scaling a clean technology or sustainable chemistry innovation can be challenging without the right mix of capital, technical expertise, and industry connections. For Ontario-based startups and growing companies working in clean technology, biotechnology, or life sciences, support through Bioindustrial Innovation Canada (BIC) can play a meaningful role in moving from promising science to commercial reality. BIC focuses on projects that strengthen the bioeconomy, create skilled jobs, and deliver real economic and environmental value.

Through its Sustainable Chemistry Alliance investment fund, BIC provides significant non-repayable funding support that can reach into the tens of millions for companies with strong growth potential. Beyond capital, the program is known for its hands-on approach. Businesses benefit from access to experienced technical and commercial teams who help validate technologies, strengthen raw material and supply chains, and identify gaps across the chemistry value chain. This kind of embedded support is especially valuable during critical engineering and scale-up stages, when investor confidence and technical proof points matter most.

BIC also brings deep national and international networks, often working alongside other venture funds and strategic partners to help companies grow beyond regional markets and compete globally. For startups and SMEs in Ontario developing sustainable, low-carbon solutions, exploring how Bioindustrial Innovation Canada works with innovators can be an important step toward long-term commercialization success.

Who Can Apply

Startups Small & Medium Businesses

Available in: Ontario

Full eligibility requirements — including industry criteria, revenue thresholds, and documentation needed — are available to GrantHub members.

How Much Funding

Funding Amount
Up to $30M
Repayment
Non-repayable

Exact funding amounts, coverage percentages, and application details are available after signing in to GrantHub.

Frequently Asked Questions

How do I apply for Bioindustrial Innovation Canada (BIC)?
Sign up for GrantHub to access the full application details and direct link for Bioindustrial Innovation Canada (BIC). Our platform walks you through eligibility requirements and helps you prepare your application.
What is the deadline for Bioindustrial Innovation Canada (BIC)?
Bioindustrial Innovation Canada (BIC) is currently ongoing. Sign in to GrantHub for exact dates and deadline alerts so you never miss a window.
Am I eligible for Bioindustrial Innovation Canada (BIC)?
Bioindustrial Innovation Canada (BIC) is available to Startups, Small & Medium Businesses in Ontario. Sign in to GrantHub to check your specific eligibility based on your business profile.
How much funding does Bioindustrial Innovation Canada (BIC) provide?
Bioindustrial Innovation Canada (BIC) offers Up to $30M in non-repayable funding. Sign in to see exact amounts and coverage details for your project.

Quick Facts

Provider
Bioindustrial Innovation Canada
Funding
Up to $30M
Status
Ongoing
Repayment
Non-repayable
Type
Researchers & FacilitiesPartnering & Collaboration

Check if You Qualify

Answer 3 quick questions to see if Bioindustrial Innovation Canada (BIC) matches your business.

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Data sourced from

Official Canadian Programs

Innovation Canada, NRC, CRA, BDC & provincial agencies

Canada Proactive Disclosure Data

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