Government Grant Funding of up to $20,000 Available for Cleantech Companies with Innovation Asset Collective

Are you developing innovative cleantech solutions powered by data, technology, and/ innovation? Or is your business developing products where ESG concerns dictate the manufacturing and product supply chain?  If yes, you may be eligible for government grant funding.  

Through Innovation Asset Collective (“IAC”), eligible Canadian businesses in the cleantech sector may have access to funding opportunities designed to help strengthen and protect their intellectual property assets and support commercialization, attract investment, strengthen market position, and create long-term value.  Note that the IAC places great emphasis on data-driven eco-friendly strategies.  

IAC funding is industry agnostic.  However, there must be a clean tech aspect to the business practice.  Understanding which funding opportunities align with your business and how they can be strategically utilized is an important first step.

Areas of Support

Funding is focused on IP related initiatives and can help businesses build stronger IP positions while supporting innovation and commercialization efforts.  Membership with IAC is tiered, which impacts how much funding may be available.  

IAC Program Highlights

✔ Funding available for eligible cleantech SMEs

✔ Full Members may access up to $20,000 per funding round and can apply up to twice a year. 

✔ Associate Members may access $10,000–$15,000 per funding round and can apply several times. 

✔ 100% funding available for approved projects

✔ Funding rounds are typically offered throughout the year

✔ Services can be provided by IP professionals located anywhere in Canada

Members can apply more than one to the funding rounds. 

Eligible costs: 

Some of the eligible costs are: 

• IP development and technical contributions 

• IP portfolio management  

• Legal and advisory services (IP-focused) 

• Commercialization support 

• Project management & coordination (limited) 

• Eligible third-party costs

Flexible Program Options

IAC’s program offers multiple support streams designed to accommodate different business needs, timelines, and levels of IP maturity. Whether your company is just beginning to develop an IP strategy or looking to strengthen and expand an existing IP portfolio, there are options available to support your objectives.

In addition to funding, participating companies may gain access to resources and support designed to better understand, manage, and leverage their intellectual property assets.

Interested in Learning More?

If you are exploring funding opportunities to support your intellectual property strategy, various government and institutional programs may be available to SMEs.

While eligibility varies, we at Froese Law can help guide you toward relevant funding avenues aligned with your IP objectives. Once funding is secured, we can support you with tailored legal and strategic IP services to help you structure, protect, and leverage your intellectual property.