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The 2022 Call for Innovation deadline was May 31, 2022. The page notes the investment team still accepts pitches year-round but this specific program cycle is closed.
Toyota Ventures Innovation Fund is a grant from Toyota Ventures, Toyota's Manufacturing Project Innovation Center (MPIC), and Toyota Research Institute that funds early-stage startups developing technologies to enable smarter, flexible, and connected factories of the future.
The fund focuses on artificial intelligence, computer vision, robotics, energy efficiency, electrification, battery manufacturing, cybersecurity, and worker safety tools. Eligible companies must have raised less than $10 million USD in funding, possess a working prototype, and have a viable business model. Selected startups may also receive the opportunity to collaborate with Toyota on a proof-of-concept project.
Awards range from $500,000 to $2 million in venture capital funding.
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The deadline for the Toyota Ventures 2022 call for innovation was May 31, and we are still reviewing applications. While the call for innovation is now closed, our investment team is always open to receiving startup pitches via this online form . The 2022 call for innovation is focused on making the factory of the future a reality sooner.
We’re looking to invest in promising companies that are creating technologies to enable smarter, flexible, connected factories that will amplify people and improve efficiency and sustainability. The 2022 call for innovation is an opportunity to receive between $500,000 and $2 million in venture capital funding from Toyota Ventures through our Frontier Fund or Climate Fund.
In addition, we’re partnering with Toyota’s Manufacturing Project Innovation Center (MPIC) and Toyota Research Institute, and selected startups might also get a chance to collaborate with Toyota on a proof-of-concept project.
Software and/or hardware solutions are welcome, and some of the areas we’re exploring include: Artificial intelligence and computer vision Robotics software and/or hardware (adaptive robots; collaborative robots; autonomous mobile robots) Solutions to improve energy efficiency and reduce the carbon footprint in factories Technologies to advance electrification and battery manufacturing Cybersecurity and data analytics Worker training and safety tools If your company fits our investment thesis, you have a working prototype and viable business model, and haven’t raised more than $10 million in outside funding, we encourage you to apply to the call .
We are actively reviewing applications on a rolling basis, now through May 31, 2022. Since this is not a contest or competition, all applications will be subject to our usual rigorous review standards. Therefore, we cannot guarantee we will make an investment.
The call for innovation is open to startups around the world that meet the following criteria:* Raised less than $10 million USD in funding Have a working prototype to demonstrate your solution Business model solves a market need and delivers value to customers * Additional rules apply to submissions. Frequently Asked Questions How is the call for innovation different from the way Toyota Ventures typically finds startups to invest in?
While our investment team will continue to evaluate startups that reach out to us, are referred to us, or that we discover our own, the call for innovation is a way for us to more precisely signal to startups what we’re looking for. It is also a way to spur innovation.
Perhaps you are working on a startup that has similar technology that is being applied to a different product, or you are thinking about forming a startup but haven’t done so yet. The call for innovation is designed to attract qualified startups, and catalyze innovation. Who do I contact if I have a question about my application, or want to update information that I have already submitted?
You can email info@toyota. ventures with questions about your application. However, please do not use that email address to apply or share supporting materials.
How will startups that apply for the third call for innovation be evaluated? We will evaluate your startup on the basis of your team, technology, business model, and go-to-market strategy, as well as the impact that your solution will ultimately have on helping people, among other factors.
In addition, we will invite subject matter experts from Toyota’s MPIC team and TRI’s team to help assess the startup’s technical capabilities and approach. If I applied for the call for innovation, will I get to meet with the Toyota Ventures team? While we may follow-up with some applicants to request more information, or to schedule a follow-up call or meeting, we will not be able to meet with every startup that applies.
Do startups need to be based in the United States, or travel to the U.S. for meetings? No. The call for innovation is open to qualified startups around the world, and you are not required to travel for an in-person meeting or event in the United States.
However, if you are invited to meet with our team in the United States and you decide to do so, please note that you will be responsible for all of your own travel arrangements and expenses. Is Toyota Ventures guaranteeing that it will invest in one of the startups that applies for the call for innovation?
No. While our intention is to invest in one or more startups as a result of this call for innovation, we can not guarantee in advance that we will make an investment because it depends on the startups that apply. Qualified startups will be evaluated carefully, and will be subject to standard diligence before any investment is made. Is there a deadline to apply for the call for innovation?
When will I know the status of my application? The deadline for the call for innovation was 11:59 PDT on May 31, 2022, and submissions were reviewed on a rolling basis. Our team will notify you via email as soon as a decision is made regarding your startup’s application.
Please be patient as it may take us several weeks to review and respond to your application. With the 2022 call for innovation, we are looking to invest $500K - $2M in early-stage startups that are developing solutions that will help smart automation and sustainable manufacturing.
Please review the following guidelines carefully before applying; by submitting the form, you are agreeing to these terms and the Application Terms: Only one application per company, please. All applications are subject to the Application Terms. Your startup must meet the eligibility criteria outlined above, and be looking to raise capital within the next six months.
The call for innovation is not a contest or competition, and there are no “prizes. ” It is an opportunity to get your startup’s solution in front of the Toyota Ventures team. Toyota Ventures is not agreeing to compensate you in any way as a result of applying, and all eligible participants are subject to standard diligence before any investment is made.
By applying, you acknowledge that you are giving Toyota Ventures, Toyota Research Institute, and other Toyota affiliates the right to review the information you have submitted, and to request additional information from you as needed to further evaluate your startup.
For purposes of these Application Terms: “Application” means your answers to the Application Form, any files you upload (including your pitch deck), and all other information you provide to Toyota Ventures. Toyota Ventures means Toyota A. I.
Ventures and its parent or affiliated companies. “You”, and “your” means the person submitting the Application and the legal entity on behalf of whom the person is submitting the Application. By submitting your Application, you agree that: You are at least 18 years old.
Your Application will not be considered confidential or proprietary. Toyota Ventures will not hold your idea in confidence and Toyota Ventures is free to use it without condition. Toyota Ventures may provide the Application to its employees and other Toyota employees to evaluate the Application.
Toyota Ventures may have earlier worked on, or may already be working on, the same or a similar idea, and that Toyota Ventures may have received the same or similar ideas from others. In no event will Toyota Ventures be limited in, or restricted from, the pursuit of any opportunities, either alone or with third parties, including, without limitation, the development of its own product(s) that compete with you or your Application.
Toyota Ventures is not agreeing to compensate you in any way. You agree that if any action is brought to resolve a dispute between Toyota Ventures and you, exclusive venue for such action shall be in the courts of the State of California located in Santa Clara County, and the law governing the resolution of such dispute shall be that of the State of California.
You understand that by making this Application, Toyota Ventures assumes no obligation to evaluate or do anything further with the Application. If Toyota Ventures is interested in your Application, Toyota Ventures will contact you. Otherwise, you will not hear back from Toyota Ventures about your Application.
Based on current listing details, eligibility includes: Companies should have less than $10 million USD in funding, have a working prototype, and a business model that solves a market need and delivers value to customers. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $500,000 to $2 million Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
The purpose of this FOA is to provide funding for up to four (4) Tribal Colleges and Universities (TCUs) that will provide entrepreneurial development services to Native American communities, focusing on supplying services to socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing SBA resources. Eligible applicants must be Tribal Colleges and Universities as defined in the Higher Education Act HEA 316 (U.S.C. 1059c). Funding Opportunity Number: SB-GC7J-23-002. Assistance Listing: 59.007. Funding Instrument: G. Category: BC,ED. Award Amount: Up to $250K per award.
The purpose of this FOA is to provide funding for up to two (2) private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing WBCs for the District of Columbia (DC) and the State of Oregon. There will be one award for each location. Eligible applicants must be private, non-profit organizations with 501(c) tax exempt status from the U.S. Treasury’s Internal Revenue Service and must provide services to the District of Columbia (DC) and State of Oregon. Funding Opportunity Number: SB-OEDWB-23-002. Assistance Listing: 59.043. Funding Instrument: G. Category: BC,CD,RD. Award Amount: $75K – $150K per award.