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Innovate BC Launches Early-Stage Demonstration Funding
7.0
Innovate BC announced on Nov. 28 a new early-stage demonstration call providing $2.5 million in the first round, covering up to 40% of costs and up to $500,000 per eligible project. Applications close Dec. 21 and pilots will run for one year through Innovate BC's Integrated Marketplace, enabling real-world testing with partners like Vancouver International Airport.
Key Points
- 1Allocates $2.5 million to cover up to 40% of project costs, maximum $500,000.
- 2Links pilots to Integrated Marketplace for real-world testing with partners like Vancouver Airport.
- 3Enables early-stage startups to validate tech commercially and pursue international pilots.
Scoring Rationale
Provincial $2.5M funding provides actionable pilot support, but scope is limited to BC and early-stage firms.
Sources
Public references used for this report.
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