BCIC Ignite provides funding to accelerate commercialization of new technologies and innovations in the natural resources and applied sciences in British Columbia. The program provides awards of up to $300,000 to consortia that are conducting research projects that address a significant demonstrated problem faced by industry and will commercialize a proposed innovation within a 3-year timeframe.
- Focus: Proposals must involve the areas of natural resources, applied science and/or engineering, and must provide a clearly articulated solution to an existing problem.
- Teams: Applicants must be a BC-based consortium comprised of two or more companies, organizations and academic researchers. All consortia must include an academic member and an industry partner.
- Matching funds: Projects must secure matching funds from industry or government sources at a ratio of 2:1 matching dollars to Ignite dollars.
- Timing: Projects must plan to move a proposed innovation to market within a 3-year timeframe
How to Apply
- Read the 2018 Program Guidelines
- Contact Program Manager Kailyn Skuban at 604-602-5205 or firstname.lastname@example.org to discuss your project and the program eligibility requirements
- Download, fill out and submit a Letter of Intent by the deadlines below
BCIC Ignite Round 5
- Deadline to Submit Letter of Intent (LOI) to BCIC: January 22, 2018
- BCIC to notify applicants and invite full proposal by: March 2, 2018
- Deadline for invited applicants to submit full proposal: April 16, 2018
- Anticipated Notice of Decision: Late June 2018
- Funding Start Date: July 2018
BCIC Ignite Round 6
- Deadline to Submit Letter of Intent (LOI) to BCIC: July 23, 2018
- BCIC to notify applicants and invite full proposal by: August 24, 2018
- Deadline for invited applicants to submit full proposal: October 9, 2018
- Anticipated Notice of Decision: Late December 2018
- Funding Start Date: January 2019
Frequently Asked Questions (FAQ)
What is the maximum amount I can request from BCIC Ignite?
The maximum request is $300,000 for the duration of the project. As per the 2:1 matching requirements, projects must secure $600,000 in matching funds to request the maximum allowable amount from BCIC Ignite.
Can you clarify the 2:1 matching fund requirements?
Applicants are required to secure $2 external matching dollars for every $1 requested from BCIC Ignite. External matching dollars can come from industry, government or a combination thereof. A maximum of 50% of the matched funds can be from government sources, including federal funding sources such as NSERC, IRAP & Mitacs. A maximum of 50% of the matching funds can be from in-kind sources. An example is given below to illustrate:
$150,000 Industry cash contribution
$150,000 Industry in-kind contribution
$300,000 Government cash contribution
$600,000 Total matching funds
This scenario qualifies for a $300,000 request from Ignite.
Do matching funds have to be secured at the time of application?
No, matching funds can be pending at the time of submitting a Letter of Intent (LOI) and should be indicated as such in Section 4.1 of the Letter of Intent form. However, it should be noted that those applications with confirmed matching funds may potentially be viewed more favorably by the review panel than those with pending funds.
What are the minimum requirements for the consortium?
All consortium must contain, at a minimum, one BC-based academic partner and one industry partner. The academic partner must hold a firm appointment at a BC-based post secondary institution, and be conducting research in the natural resources, applied sciences or engineering. The majority of the consortium must be based in BC and be able to exploit the research results in BC. Please see Section 3.0 Eligible Applicants of the program guidelines for more detailed information on the eligibility requirements for academic faculty, industry partners and research-owned companies.
What is the likelihood of my application being invited for full proposal?
BCIC Ignite is a competitive process. The average success rate at the LOI stage is 40%; however, this can vary on the number and quality of applications received in any given round. The review panel typically invites approximately 10 to 15 applicants from the Letter of Intent stage to submit a full proposal per round.
What is the total amount of funding available for the program?
The total amount of funding available is approximately $2.1 million per year. There are two funding rounds per year and the review panel typically recommends 3 to 4 projects per round for funding.
What is the expected timeline for the application process? If we're successful, when can we expect to receive funding?
The application process is two phases and takes approximately 5 months from submission of Letter of Intent to funding notifications. Please see the program guidelines for the most current funding timelines.
Does BCIC Ignite fund companies in the consortium directly?
No, BCIC Ignite funds research projects, not companies. As a stipulation of the endowment where funds are derived from, if an applicant is selected for Ignite funding, the academic partner in the consortium (i.e. the university) will receive and manage the funds. The academic institution is then required, according to a funding contract with the BC Innovation Council, to distribute project funds to any applicants or co-applicants (i.e. companies) in the project consortium as listed in the approved budget. If your consortium is successful with a BCIC Ignite award, you will likely be required by the academic institution to enter into a research collaboration agreement in order for them to distribute grant funds to your company.
Does my company need a formal research agreement with the University to apply?
No, but it is highly recommended. Research collaborations may be informal, however at a minimum, the roles, responsibilities, and IP arrangements between the academic and industry partners should be discussed and defined between organizations in advance of submitting an application. It is highly recommended you speak with your Academic Partner and contact the appropriate office at the academic institution (i.e. The University Industry Liaison Office) to ensure you are aware of each institution’s policies and procedures on industry-academic research partnerships, and any distribution of the consortiums grant funds, prior to applying.
Our project has already started, can we still apply for a BCIC Ignite Grant?
The project start date can begin prior to the submission of a BCIC Ignite application; however, BCIC Ignite will not assume responsibility for retroactive project costs.
I'm unsure if my project is the right fit for BCIC Ignite. Is there someone I can speak with directly to discuss in more detail?
Yes, it is strongly encouraged that you contact BCIC staff to discuss your project prior to submitting an application. Requests can be sent to Kailyn Skuban, Program Manager at email@example.com.
For a list of previous winners and a summary of their projects, click here.
Need more information?
If you have any further questions or concerns regarding program eligibility requirements, please contact Program Manager, Kailyn Skuban at 604-602-5205 or firstname.lastname@example.org.
BCIC Ignite is funded by the Natural Resources and Applied Sciences (NRAS) Endowment Fund, which was established by the Province of British Columbia to enhance the quality of life for British Columbians by building a strong research and development, advanced training, technology transfer and commercialization environment. Assessment services are provided in collaboration with the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP).