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Ontario Centre of Innovation

Life Sciences Innovation Fund

Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
30–60 minutes
Can you get this?
For-profit company incorporated in Ontario or Canada
Headquartered in Ontario
Raising pre-seed or seed round of $1M–$5M
Less than $3M raised in third-party capital
Companies in the OCI R4M portfolio are not eligible
Your real odds
You are competing within early-stage Ontario life sciences specifically, which narrows the field compared to open-sector funds.
The fund concentrates on cancer treatment, regenerative medicine, neuroscience, and medical technologies, and companies already in OCI's Ready for Market portfolio are explicitly excluded.
What it takes
Complete the Interest Form on OCI's site to confirm fit30–60 minutes
Download and review the Fund Guidelines for eligibility and investment criteria1–2 hours
Engage with an Investment Lead (Feiran Zhou or Sharon Sukhdeo) and submit full application materials1–4 weeks depending on diligence requests
Worth knowing
OCI frames LSIF as a co-investment fund, so your application is stronger when you have an active funding round with other investors already participating or committed.
What else do you qualify for?
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