Fuel

Stream A: Start-Up Companies

• Company must be registered federally or provincially in Canada

• Company must have a valuation and/or valuation cap greater than or equal to $4M CAD, or gross revenue greater than $500,000 CAD over the last 12 months (at the time of application)

• Lead applicant must have signing authority for the company (generally the founder and/or CEO)

• Company must own or have rights to the intellectual property related to the product/solution being funded, and have the right to exploit the intellectual property in the future

• Researcher and/or Host Organization must own or have rights to the intellectual property related to the product/solution being funded, and have the right to exploit the intellectual property in the future

Note: If you have questions about program eligibility or how to register your company federally or provincially in Canada, please contact us.

Stream B: Researchers

• Applicant must be affiliated with an accredited Canadian academic institution (i.e., university or college), recognized research institution, or healthcare organization

• Solution must be at Technology Readiness Level (TRL) 7 or above

• Researcher must focus on creating and validating intellectual property that is not assigned to or owned by a for-profit company, and the intellectual property must be owned by the researcher, the Host Organization, or a combination of the two (in accordance with the Host Organization’s technology transfer office intellectual property policies)

• Applicant must be eligible to receive funding through their Host Organization

• Company must own or have rights to the intellectual property related to the product/solution being funded, and have the right to exploit the intellectual property in the future

• Researcher and/or Host Organization must own or have rights to the intellectual property related to the product/solution being funded, and have the right to exploit the intellectual property in the future