The 2020-21 Bioenterprise SmartGrowth Program provides SME’s in southern Ontario’s agri-technology sector access to acceleration financing to support scale-up and expansion projects. SmartGrowth invites innovative food and agri-businesses with innovative technologies to lead impactful projects that will accelerate their business growth and profitability while strengthening the regional economy for southern Ontario’s agri-technology industries.
Bioenterprise's SmartGrowth program is a matching fund that provides eligible enterprises with:
Up to $100,000 in acceleration financing
(to be matched by recipient enterprise as per the Program Guide)
Coaching/mentorship support services
(e.g. IP, Regulatory, Legal, Financial, investment preparation and access to Bioenterprise global network)
Enterprises applying for the Bioenterprise SmartGrowth Program must:
Additional program details, including eligible project types, are described in the 2020-2021 SmartGrowth Program Guide.
All Templates are available in the Application Tool Kit (see below).
If your enterprise meets all of the eligibility criteria, you can apply to the SmartGrowth Program by following these steps:
Upon submitting the LOI, a confirmation email will be provided. All LOIs received during open intake periods will be reviewed and assessed. All Applicants will be informed of decisions in writing. Only successful LOI applicants will be invited to submit a Full Application. Funding awards under the SmartGrowth Program will be announced upon completion of the Full Application review process. Successful award recipients will enter into a Contribution Agreement with Bioenterprise.
All tools and templates needed to submit a LOI can be found here:
The SmartGrowth LOI Intake Form will be available during the next intake period. (Spring 2021)
If your company has been selected to complete a full application, download the 2020-21 SmartGrowth Applicant Guide II: Full Application here.
This project is funded by the Government of Canada through the Federal Economic Development Agency for Southern Ontario.