Southern Ontario Pharmaceutical and Health Innovation Ecosystem

A program designed to accelerate your innovation to market

Through the SOPHIE program, you can leverage up to $100,000 in matching funds to work directly with an academic or hospital partner in the Hamilton, Ontario ecosystem. Your business will also receive advisory services and testing capabilities from experts in the healthcare field to acquire clinical and research expertise, evidence, or data to develop and commercialize your life science products and solutions.

The SOPHIE program was established as a partnership between the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), Innovation Factory and the Synapse Life Science Consortium.

Who is eligible to apply to SOPHIE?

To be eligible to access funding, life science firms must:

  1. Be a Canadian incorporated company, with operations primarily based in Ontario
  2. Be developing an innovative technology at theTRL-6 level or above
  3. Provide a 1.25x match as cash and in-kind contributions
  4. Identify a principal investigator / clinical champion at the academic or clinical partner institution where the proposed project will take place

How does the SOPHIE application process work?

    1. Complete the SOPHIE application form. There is no cost to apply for the program.
    2. A member of the SOPHIE team at Innovation Factory will review your application within 1-2 weeks. If suitable, we will schedule an introductory meeting to discuss project fit, alignment with SOPHIE program goals, and next steps, including identifying a suitable principal investigator or clinical champion.
    3. Collaborate with the principal investigator/clinical champion and their institution to define the scope of the Commercialization Project.
    4. Sign the SOPHIE Commercialization Project contract with Innovation Factory and the institutional partner. This contract will detail the project scope, budget, key activities, milestones, and the anticipated business impact.
    5. Begin the Commercialization Project.
    6. Funding will be disbursed in stages, on a reimbursement basis.

    If you have any questions throughout the application process, please don’t hesitate to contact the SOPHIE team at lifesciences@innovationfactory.ca

What funding is available?

Firms can access up to a maximum of $100,000 in non-dilutive funding from FedDev Ontario through the SOPHIE program. Firms must provide a matching contribution of 1.25x the FedDev amount. This combined funding can be used to support Commercialization Project activities. For firms leveraging the maximum FedDev contribution, this means up to $260,000 is available to spend on project activities.

What are the selection criteria for the SOPHIE Program?

Projects will be successful if they meet the following SOPHIE program outcomes:

  • Demonstrate strong commercialization potential and generate new intellectual property.
  • Show how the project will lead to job creation or retention.
  • Articulate a compelling product value proposition that attracts new investment, generates revenue, and/or drives global exports.

What does a successful application include?

  1. A clear value proposition highlighting the innovative technology.
  2. A well-defined problem within the life sciences sector, with an explanation of how your solution is unique, innovative, commercially viable, and competitive.
  3. A clear presentation of the target market size for the technology.
  4. An explanation of the team’s qualifications, emphasizing relevant professional and educational experience.
  5. Evidence that the project will catalyze company growth.
  6. A feasible plan for achieving the project’s outcomes.

What is the timeline for the SOPHIE program?

Funding for the SOPHIE program is available from April 2024 – March 2028 with applications reviewed on a rolling basis.

Apply Now

We encourage you to verify your eligibility and start your application journey. We welcome submissions continuously, as applications are reviewed on a rolling basis. Please note that the review process for project grants may take longer than usual.

Resources & FAQ

Want more information about SOPHIE? We answered some of your most common questions. If you have a question that has not been addressed, please send it to us through the Contact form or get in touch with our team.

Our Partners

The SOPHIE Program is an unparalleled collaboration between multiple public and private partners in Ontario, possessing the combined experience and expertise to ensure effective and seamless program delivery.

McMaster University
Hamilton Health Sciences
The Research Institute of St. Joe’s Hamilton
Mohawk College
Innovation Factory
Synapse Consortium

Stats & Figures

SOPHIE by the numbers

Commercialization projects launched
1
Total project investments in commercialization
$ 1 M
Jobs created & supported
1
Funds raised by companies
+$ 1 M

SOPHIE Success Stories

Discover the  innovators who are bringing their ideas to commercial-reality with the SOPHIE program.

SOPHIE Portfolio

SOPHIE grant recipients are developing a wide range of innovations within the life sciences sector. Learn more about the companies and technologies being supported by the SOPHIE Program.

Are you ready?

Apply Now

Confirm that you meet all eligibility requirements, then begin the application process. Applications are accepted on a rolling basis. Project grants for the SOPHIE program will continue to be accepted until the fall of 2023.

Need more information?

Contact Us

If you have any questions regarding SOPHIE, please get in touch with us through our Contact form.