FACIT Prospects Fund (OICR Commercialization Partner)
$50,000–$200,000GrantOntarioFACIT (OICR's commercialization partner)
Ontario proof-of-concept funding for oncology and life sciences startups. Supports commercialization challenges (validation, IP protection, market analysis) for companies with a path to FACIT's Compass Rose equity fund.
Deadlines
- Intake type: Rolling — apply any time
- Typical processing time: 3–6 months
What you'll need
Research Foundation
Published research or IP forming basis for commercialization
Commercialization Plan
Plan for translating research into commercial product
Scientific Team
Team with relevant scientific and commercial expertise
Budget
Detailed project budget with milestones
Official program page · Details verified Aug 19, 2026
Related funding
- MaRS Investment Accelerator Fund — Ontario, up to $500,000
- Ontario Centres of Excellence Market Readiness — Ontario, up to $50,000
- FedDev Ontario - Southern Ontario Fund for Investment in Innovation — Federal, up to $10,000,000
- Invest Ontario Incentives — Ontario, up to Varies by project size
- Ontario Health Technology Commercialization Fund — Ontario, up to $250,000
- Ontario Scale-Up Voucher Program — Ontario, up to $50,000