OBIO Proof-of-Concept Fund
$25,000–$100,000GrantOntarioOntario Bioscience Innovation Organization
Provides early-stage proof-of-concept funding for Ontario bioscience companies developing innovative health technologies, therapeutics, diagnostics, and medical devices. Helps bridge the gap between discovery and commercialization by supporting validation studies, prototype development, and regulatory preparation that attract follow-on investment.
Deadlines
- Intake type: Fixed intake windows
- Current intake: Biannual POC Intake
- Typical processing time: 2-3 months
What you'll need
Scientific Validation Plan
Provide a detailed proof-of-concept study design with clear milestones and success criteria.
IP Status
Document your intellectual property position including patents filed, pending, or planned.
Ontario Incorporation
Confirm company is incorporated and conducting R&D activities in Ontario.
Official program page · Details verified Mar 26, 2026
Related funding
- BC Health Innovation Fund — British Columbia, up to $200,000
- Ontario Health Technology Commercialization Fund — Ontario, up to $250,000
- Agri-Food Innovation Fund — Ontario, up to $400,000
- Alberta Health Innovation Voucher — Alberta, up to $100,000
- Alberta Innovates Proof of Concept Grant — Alberta, up to $150,000
- Alberta Precision Laboratories Translational Research Fund — Alberta, up to $200,000