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Government of Canada, Innovation, Science and Economic Development Canada
Funding for business innovation and growth projects
Helps for-profit businesses in Canada grow by funding research, development, and expansion projects. Covers costs for innovative activities that create jobs and boost the economy.
Financial contributions to foster the development of for-profit businesses to invest, grow, and create jobs for Canadians. Funding supports R&D and commercialization of innovative products/processes/services, expansion or material improvement of existing industrial/technological facilities, and attraction of new investments including hiring full-time employees or establishing new facilities in Canada. Contributions are typically repayable (unconditional, conditional, or a combination), with non-repayable contributions considered only for projects demonstrating significant benefits for Canadians.
Business Size: medium, large
Industries: all sectors
Region: Canada
Other Criteria: for-profit business or cooperative incorporated in Canada, partnership proposing to carry out business in Canada, owning or holding sufficient background intellectual property (IP) rights to allow project activities, project must have total costs of at least $20 million, project must align with R&D and commercialization (TRLs 1-9), firm expansion and growth (TRLs 8-9), or investment attraction and reinvestment (minimum TRL 2), project must demonstrate major benefits for the Canadian economy, public, and future innovation
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This program is available to medium, large businesses in all sectors industries located in Canada.
Contact the program administrator for funding details.
Check the official program website for current deadlines.
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