INVEST North Program - Innovation – Industrial Research Chair

Overview of the INVEST North Program - Innovation – Industrial Research Chair program:

The Industrial Research Chair (IRC) initiative is designed to establish and enhance research capacity at Northern Ontario universities, colleges, and research institutions. As capacity is developed, Northern Ontario will benefit from research leading to the transformation of Northern Ontario’s key economic sectors which, in turn, will help attract and retain highly qualified personnel.

Benefits of the INVEST North Program - Innovation – Industrial Research Chair program:

• Conditional contribution of 50% of eligible costs (max. $1 million). Funding for each project is determined by the NOHFC Board of Directors, and limited funding is available.

Eligibility criteria of the INVEST North Program - Innovation – Industrial Research Chair program:

• Northern Ontario universities, colleges, and research institutions (defined as a not- for-profit organization whose primary activity is scientific research and which is formally affiliated with a Northern Ontario post-secondary institution).
• What projects are Eligible?
• IRCs are eligible for funding up to five years in duration.
• Eligible projects must fit with the applicant institutions strategic research plan, have a private sector partner, and is focussed on business problem solving, and / or is working towards the commercialization of a product or process in Northern Ontario. Preference is given to IRCs that involve collaboration and partnerships with other academic or research institutions, Indigenous communities, municipalities and other government agencies.
• Eligible projects, activities and associated costs include but are not limited to:
• Salary and mandatory benefits of the chair holder over the duration of the project
• Construction or renovation of laboratories or supporting facilities used directly in carrying out the research
• Acquiring, operating and maintaining research equipment used directly in carrying out the research
• Materials used directly in carrying out the research
• Costs associated with publishing research findings