Life Sciences Scale-Up Fund

January 21, 2025

Deadline

You must submit your application by March 3, 2025 at 5:00 p.m. (EST).

Description

The Life Sciences Scale-up Fund (LSSUF) provides financial support to help small to medium sized enterprises scale up in the life sciences sector. LSSUF will help build a pipeline of strong innovative life science companies based in Ontario (or intending to relocate to Ontario) that are ready to respond to procurement opportunities.

Applicants to this funding will:

drive growth and increase competitiveness in the life sciences sector
foster innovation and commercialize new products for healthcare adoption
build domestic manufacturing capacity
strengthen Ontario’s healthcare supply chain and help companies be procurement ready

Applicants to this funding will:

be a for-profit company with a business number designated by the Canadian Revenue Agency
have at least 2 years of operations and financial statements (audited or accountant reviewed)
be a small-to-medium sized company with at least 5, to a maximum of 500 full time equivalent employees in Ontario by the project start date
located in, or plan to locate in a community in Ontario by the project start date
be in compliance with all applicable laws, including the Accessibility for Ontarians with Disabilities Act and not be delinquent in connection with any fees, levies, or taxes owing to the Government of Ontario

Life science companies in the food and agriculture sector are not eligible.

Please refer to the program guidelines for full details about eligibility.