Capital BioVentures

$5,500,000.00 CAD

≈ 70 Canadians' average pay for a year

Department: Federal Economic Development Agency for Southern Ontario
Program: Regional Innovation Ecosystem (RIE)
Recipient country: Canada
Fiscal year: 2024-2025
Agreement period: April 1, 2024 – March 31, 2029
Reference: feddevontario:062-2024-2025-Q1-00003

Published purpose

To launch Capital BioVentures and establish a wet lab accelerator program in the Ottawa region that will allow biotechnology SMEs to develop and scale.

In plain English AI-generated

This grant supports the launch of Capital BioVentures, a wet lab accelerator program in the Ottawa region, to help biotechnology small and medium-sized enterprises develop and scale their operations.

Category: Research Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions