The industry partner must support at least 50 per cent of the eligible research costs (i.e., must provide at least 1:1 matching on the OCE contribution). The matching contribution may consist of cash and in-kind support, however a minimum of 50 per cent must be in cash.
For example, for a request from OCE for $100,000, the industry partner must provide matching contribution of $100,000 with at least $50,000 of this in the form of cash.