If you’re building a bio-based or clean technology business in Canada, early-stage funding and expert support can be hard to find. Bioindustrial Innovation Canada (BIC) supports companies working in the industrial bioeconomy, from sustainable materials to circular economy processes. BIC is an Ontario-based, non-profit organization focused on helping Canadian small and medium-sized businesses move innovative bioproducts closer to market.
Bioindustrial Innovation Canada helps businesses bring bio-based and sustainable technologies to market. Unlike many grant programs, BIC does not have a single intake deadline or set funding amounts. Instead, support is customized for each project and company.
BIC offers:
BIC helps companies lower technical, financial, and market risks as they move from pilot projects to commercial operations.
Bioindustrial Innovation Canada funding is designed for a specific group of businesses. You may be eligible if your company meets most or all of these requirements:
What does “connected to Ontario’s bioindustrial value chain” mean?
If your business is outside Ontario, you may still be eligible if your project supports, supplies, or partners with Ontario-based companies or facilities in the bioeconomy sector. This could include collaborations, supply agreements, or operations that benefit Ontario’s industry.
BIC usually works with companies that have already tested their idea and are ready to move toward demonstration, scale-up, or early commercialization. Early-stage research or idea-only projects are not a fit.
There is no fixed funding amount for Bioindustrial Innovation Canada. The amount depends on:
BIC funding is often provided through project agreements rather than a standard grant. Some support may be non-repayable, while other arrangements may be tied to milestones or shared-risk models, depending on your project.
If you want to compare BIC with other clean technology and bioeconomy programs, GrantHub’s eligibility matcher can help you filter options by province and business stage.
Applying to BIC is more about building a relationship than filling out a form. There is no standard online application portal.
The usual steps are:
Initial engagement
Reach out to BIC through their website or through a referral to introduce your company and technology.
Project discussion and screening
BIC will review your technology, commercialization plan, and how your project fits with the bioindustrial sector.
Due diligence
This step may include technical reviews, market validation, and financial checks.
Project structuring
If your project is a fit, BIC will work with you to set funding terms, milestones, and support services.
Because this process can take several months, it’s best to contact BIC well before you need funding to start your project.
Treating BIC like a standard grant
There is no quick online application. Early conversations and building a relationship are important.
Applying too early
Very early research or idea-stage projects are usually not eligible.
Focusing only on technology
BIC wants to see a clear plan for getting your product to market, not just a technical solution.
Not planning funding sources carefully
BIC support can often be combined with federal or provincial programs, but you need to structure your project and funding to follow the rules.
For more on combining different programs, see How to stack grants and loans without violating funding rules.
Q: What types of projects does Bioindustrial Innovation Canada support?
BIC supports projects focused on sustainable processes, circular economy solutions, bio-based materials, and clean technologies. Projects should help reduce emissions or replace fossil-based inputs.
Q: Is BIC funding repayable?
It depends on the project. Some support is non-repayable, while other arrangements depend on reaching milestones or commercialization results.
Q: Can BIC funding be combined with other grants?
Yes, in many cases BIC funding can be used together with federal or provincial clean tech programs. Stacking rules depend on the specific programs you use.
Q: Do I have to be based in Ontario to apply?
BIC mainly serves Ontario and aims to strengthen Ontario’s bioindustrial sector. However, companies outside Ontario can be considered if their project connects to Ontario’s bioindustrial value chain, such as through partnerships, supply agreements, or other links.
Q: How long does the BIC process take?
Timelines vary, but because BIC carries out due diligence and creates custom agreements, the process often takes several months from first contact to funding.
GrantHub tracks hundreds of active grant and funding programs across Canada — check which ones match your business profile.
Bioindustrial Innovation Canada can be a valuable partner if your business is moving a bio-based or clean technology toward commercialization. Before reaching out, clarify your project scope, budget, and market plan. To see how BIC fits with other clean tech and bioeconomy funding options, GrantHub helps you compare programs and find the best matches for your business stage and sector.
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