Ontario Bioscience Industry Organization

$5,000,000.00 CAD

≈ 64 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 – April 15, 2027
Reference: feddevontario:062-2024-2025-Q1-00006

Published purpose

To support the start-up, scale-up and commercialization of Canadian biotechnology and health technology companies in the life sciences sector.

In plain English AI-generated

This federal contribution supports the start-up, scale-up, and commercialization of Canadian biotechnology and health technology companies in the life sciences sector.

Category: Health Primarily funds activity in Canada

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

Community tags

Tags are applied by readers, not by this site. One tag per person per record.

Good value Local impact Needs context Questionable Success story Wasteful

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