18.15 (1) An Ontario commercialization investment fund may apply to a person designated by the Minister for a certificate, (a) indicating that an investment that has been made or is proposed to be made by the fund is an eligible investment; and (b) specifying the amount of an Ontario commercialization investment fund grant that would be available in respect of the investment.  2004, c. 31, Sched. 7, s. 9; 2006, c. 9, Sched. C, s. 8. Same (2) An application under subsection (1) in respect of an investment is required for a follow-on investment in the same eligible business, even if a certificate has been obtained under this section for the initial investment.  2004, c. 31, Sched. 7, s. 9. Additional information (3) An Ontario commercialization investment fund that applies for a certificate shall provide to the designated person the information specified by the person for the purposes of determining if the investment or proposed investment is an eligible investment.  2004, c. 31, Sched. 7, s. 9. Certificate (4) If the designated person is satisfied that the business in which the investment by the Ontario commercialization investment fund has been made or is proposed to be made is an eligible business and that the investment will be an eligible investment, the designated person shall issue to the fund a certificate, (a) stating that the investment or proposed investment is an eligible investment for the purposes of this Part; and (b) specifying the amount of an Ontario commercialization investment fund grant, if any, that would be available in respect of the investment.  2004, c. 31, Sched. 7, s. 9. Amount of the grant (5) Subject to subsections (6), (7) and (8), the amount of a grant under this Part is 30 per cent of the amount invested by an Ontario commercialization investment fund in an eligible investment.  2004, c. 31, Sched. 7, s. 9. When grant is available (6) No grant is available to an Ontario commercialization investment fund unless it has made at least three eligible investments, each of which is an investment in an eligible business that is not related to either of the other two eligible businesses.  2004, c. 31, Sched. 7, s. 9. Maximum grant for investment in eligible business (7) The total amount of grants available to one or more Ontario commercialization investment funds under this Part in respect of eligible investments in a particular eligible business and all businesses related to the eligible business is, (a) $225,000 if the Minister has not specified an amount under clause (b); or (b) such amount, if any, in excess of $225,000 as may be specified by the Minister, if the Minister is satisfied that an increase in the total amount of grants under this Part is justified to better meet the objectives of this Part.  2004, c. 31, Sched. 7, s. 9. Maximum grants under this Part (8) The maximum amount of grants available under this Part is $36 million and no additional grant shall be allowed under this Part after the total amount of grants allowed under this Part reaches $36 million.  2004, c. 31, Sched. 7, s. 9. Section Amendments with date in force (d/m/y) 2004, c. 31, Sched. 7, s. 9 - 16/12/2004 2006, c. 9, Sched. C, s. 8 - 24/03/2006