FAQ

Important Information for Existing and Potential Clients

Existing Contracted TPC Projects
All existing contracted TPC projects will continue.

Outlines and Proposals Already Received
Investment outlines already accepted by TPC will be assessed and duly processed. Proposals that are in the negotiation and due diligence phase of the application process will continue to be processed.

New Project Outlines
The TPC program will be closed to new outlines immediately, except for aerospace and defence (A&D) outlines, which will be accepted pending the outcome of the government's decision on an A&D Strategic Framework.

Hydrogen Early Adopters (h2EA) Program
Business will continue as usual for the h2EA program, which operates under separate terms and conditions.

What are TPC projects doing to benefit Canadians?

Through TPC, the Government of Canada is providing incentives for companies to advance good Canadian ideas; from high speed Internet for e-learning, e-business and e-health care, to new vaccines to treat cancer and Alzheimer's; from reducing greenhouse gases and ensuring safe drinking water, to improving flight simulation technologies for pilot training and safety. For every dollar we're investing through TPC, there is a private sector company that is committing to invest up to four dollars of its own money.

How do you get TPC funding?

This is essentially a five-step process. A company applying for a TPC investment must first assess itself and the project against the eligibility criteria.

Second, if all requirements are met, the applicant must submit an investment outline which is primarily used to determine the basic eligibility of the project. This is reviewed by TPC, along with other government experts and external specialists, to assess the relative strategic merits and decide if further consideration is warranted.

TPC then works with the company to expand the investment outline into a more detailed investment proposal. The proposal is reviewed by technical and business analysts to assess technical, managerial and financial risk prior to being considered by the appropriate approval authorities.

Once the due diligence is complete and approval received, a contribution agreement, or contract, is drawn up. This solidifies all the negotiated terms outlined in the investment proposal, as well as performance requirements and a reporting schedule.

In order for a contracted project to receive a TPC investment, the company must regularly submit claims substantiating the eligible expenses that have been incurred as the project progresses. TPC validates the claims, examines performance requirements, and issues payments reflecting its share of the incurred eligible costs.

How are Technology Partnerships Canada investments paid out?

TPC does not simply hand over full payment once a project is contracted nor does it provide advance or fixed payments. Companies must regularly submit claims substantiating eligible expenses, which have been incurred and paid as the project progresses. TPC validates these claims and only issues payments reflecting its share of the incurred eligible costs.

Are Technology Partnerships Canada investments repayable?

All TPC’s investments are repayable – this is a requirement of all contracted projects. However, it is important to remember that these are investments in research and development projects, which by their very nature are long-term.

Repayment terms are negotiated on a case-by-case basis and usually take the form of royalties based on gross company revenue, fixed repayments, or warrants.

For more information on the benefits of TPC investments, please visit the benefits section.

Where do Technology Partnerships Canada repayments go?

All Technology Partnerships Canada repayments are deposited in the Government of Canada Consolidated Revenue Fund in the year collected. The Government of Canada recognizes the importance of reinvesting in new technology projects that support innovations that benefit Canada and Canadians.