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Grants

Critical Mineral Innovation Fund

Power Ontario’s critical minerals future with up to $500,000 in non-dilutive funding

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Whether you’re just exploring funding programs or ready to apply, Ayming is here to help.

Status

Available

Funding

Grant (non-repayable)

Up to $500K (50 %)

Overview

Innovation & R&D, Capital Investment, Funds equipment and assets tied to R&D or commercialization. Supports development of innovative mineral recovery and battery-supply-chain technologies.

Ontario

Ontario businesses can now secure funding with the Critical Mineral Innovation Fund to accelerate R&D and commercialization of breakthrough technologies that strengthen the province’s position in critical minerals supply chains. From battery materials to advanced exploration and recovery, the CMIF helps you move faster from concept to market.

Intake Period:

  • Apply now, the CMIF is accepting applications until October 1st, 2025.

Funding Amount of the Critical Mineral Innovation Fund

  • Maximum funding: Up to $500K per project

  • Cost share: Up to 50% of total eligible project costs

What Types of Projects Qualify?

  • Commercialization activities: Prototype demonstrations, product certification, scaling technologies for mine sites, external R&D services, capital assets & equipment tied to commercialization.
  • R&D activities: Prototyping, product testing, IP protection, contracted technical services, technology transfer/feasibility studies, related capital assets.

Eligible Expenses

The program supports a wide range of direct project costs, including:

  • Prototyping & testing
  • Product certification
  • Capital assets & equipment linked to R&D or commercialization
  • External R&D & professional services
  • Technology transfer costs
  • Renovations/building costs directly tied to commercialization activities

Is the Critical Mineral Innovation Fund right for you?

If you’re a Ontario business working on battery supply chain, innovative mining exploration techniques, mineral recovery solutions or other innovative mineral activities, CMIF could unlock the support you need to accelerate your R&D and commercialization of breakthrough technologies.

But navigating the program can be complex and highly competitive. Applications must clearly align with government priorities, demonstrate resilience, and show measurable impact.

That’s where Ayming Canada makes a difference.

With over 35 years of experience and a 98.5% success rate, our team of government grants consultants handles the entire application process, from eligibility review and cost breakdowns to compliance and long-term strategy.

Let us manage the paperwork and help you unlock up to $500,000 so you can stay focused on growing your business.

Contact one of our grant consultants today and get your application started before program funding is depleted! Let us help you unlock funding while advancing your sustainability goals.

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Our Government Funding Experts

Harry Singh

Managing Partner & President, Canada

Moin Chowdhury

National Director – Direct Funding

Get in touch

Speak to us about this program

Whether you’re just exploring a government funding program or ready to apply, Ayming is here to help. Our direct funding experts simplify the process, maximize your funding potential, and guide you through every stage of financing your project.