It's a Canadian tech grant; non-dilluting - and they don't explicitly specify it is a requirement, but from the rep directly working for the program and anyone who I've talked to who has applied to the program your chances of getting the grant are basically zero if there is no IP. Coincidentally, they have another smaller grant you can apply for that goes direct to a service provider of your choice; and basically they suggest you use this first to pay for a law firm to get a patent started and then apply for the larger grant thereafter.