The Fast-Track to Financing Program

Source: Notion | Last edited: 2023-02-22 | ID: e8fea659-d37...

Canadian incorporated SME, start-up company, or academic research institute
Applicant has a novel pre-commercial (TRL 4-9) natural product or technology
SMEs and start-up companies must have the potential to achieve $10MM to$ 15MM in annual revenue within a reasonable period for the market or sector
Products or technologies being developed within academic research institutes must address an industry/sector challenge that has a significant market potential
Potential for significant economic, social, health and/or environmental benefits
Technological advancement and benefits to the natural products ecosystem across Canada
Technical feasibility of the project
Potential for commercialization in Canada
Potential spillover benefits to more than one sector
Potential for improving the representation of women, visible minorities, and Indigenous peoples in the natural products ecosystem
A member of Canada’s Natural Product Innovation Cluster

The Program supports the costs of engaging one or more experts (external consultant or other service provider) to assist in strengthening or revising the business or commercialization plan This could include all or a subset of the following components:
Market, Customer, & Competitive Analysis
Value Proposition
Regulatory Plan
IP Plan
Financial Plan
Production Plan

Companies or academic research institutes interested in this Program should contact NPC at programs@naturalproductscanada.com