Blog >> CICP's Program to Encourage Innovation
CICP's Program to Encourage Innovation(Views: 2350)
Thu, 29 Mar 2012 18:24:19
The Canadian Innovation Commercialization Program, CICP, helps entrepreneurs get their innovative products on the market by giving them the opportunity to present their technology in order to be used by the Governement of Canada. The winning business will be awarded a contract of a $500,000 maximum value.
The four priority areas targeted are environment, safety and security, health, and enabling technologies. They have to demonstrate that their innovation is an advance; that they have the financial capacity, management team, and IP commercialization strategy; that they have not sold the innovation commercially; and that they are at Technology Readiness Level 7-9.
Application deadline is April 11th at noon, MDT. Below are some tips to help with the application process:
1) Obtain a Procurement business number
2) Register at MERX 1
3) Order the call for proposals
4) Read the call for proposals
5) Determine time needed to answer questions
6) Do not wait until the last minute
For more information, visit CICP's website.