Funding FAQs

1. Which HTX programs currently have funding availability?

• Check our website on a regular basis for new programs. Programs will note "Applications Open" or Applications Closed" status.

2. How much funding is available for each program?

• Each program provides a different set of rules for eligibility and cash contribution required from the industry partner. Currently our maximum funding is up to $100,000 in contribution towards an approved project.

3. What are the matching requirements for each program?

• Applicants are ordinarily required to have a 1:1 match, consisting of cash and in-kind contributions, the ratio of which is dependent upon the nature of the project (e.g. the Business Investment Program provides up to $100,000 in cash; industry must match this amount by at least 1/3 cash ($33,333) and 2/3 in-kind ($66,667) contribution).

4. What does the application process involve?

All programs require that an applicant initially contact an HTX representative to help identify opportunities and to guide them through the application process.  The application process involves a two-phased approach:

• Phase 1: Expression of Interest (EOI)
• Phase 2: Full Application (upon invitation)

Both phases are formally adjudicated by an internal peer-review committee.  EOIs that are invited to proceed to phase 2 will also receive an external peer-review.

5. How are projects assessed?

• All applications are subject to peer review assessment.  Peer reviewers consist of both scientific/technological and commercial expertise.  These reviewers assess the capabilities of the collaborators, the innovative "track record" of the management team, and the financial strength of the company.

6. What is the definition of an external reviewer?

The external reviewers should be either affiliated with an Academic Institution and/or Industry in the field of expertise of the proposed project.

• You must not suggest an external reviewer that is:
• From your institution (unless they are located in another campus);
• Has collaborated with you within the last five years;
• Has been supervised by you within the last ten years;
• Is a close personal friend or relative;
• Has major differences of opinion with you;
• If you could be affected financially from the outcome of the application; or
• Are for some other reason unable to provide an objective review.

7. What are the eligibility requirements?

• Each program provides a different set of eligibility rules.  Review the eligibility section under each program for more information.

8. How does funding flow?

• HTX does not provide funding directly to the company.  Our programs only consider indirect costs as eligible expenditures.  All project-related costs incurred by the team at the academic institutions will be provided, except for the salary of the Academic Team Leader.

9. How long is the review process?

• The Expression of Interest (EOI) phase - up to 45 days
• The Full Proposal Stage - up to 45 days
• Total - up to 90 days

10. When is the deadline for applications?

• Check our website regularly to determine the timeline for various programs, some of which are open-ended and others that have fixed dates.

11. Who should I contact if I have questions?

• Upon your initial contact with HTX, you will be connected to one of our Advisors who will then be your point of contact for all queries.

12. Am I able to use other funding from other provincial/federal public sources for the match?

• Yes, subject to the stacking rules that apply for receiving project funding from multiple sources (typically, not to exceed 75%)

13. What are the progress reporting requirements of the program?

• Regular progress reporting is required for each program.  Ordinarily progress reports are face-to-face meetings and an annual written synopsis of the project including performance indicators.