Strategic Innovation Fund
Innovation, Science and Economic Development Canada
Up to $50 million
Supports large-scale, transformative and collaborative projects between industry, researchers and non-profit organizations that help grow Canada's economy.
📍 All Canada
🏢 federal
📅 Ongoing
Eligibility: For-profit corporations incorporated in Canada
Learn More & Apply →
Industrial Research Assistance Program (IRAP)
National Research Council Canada
Up to $1 million
Provides advice, connections and funding to help Canadian small and medium-sized businesses increase their innovation capacity and take ideas to market.
📍 All Canada
🏢 federal
📅 Ongoing
Eligibility: Canadian SMEs with 500 or fewer full-time equivalent employees
Learn More & Apply →
Scientific Research and Experimental Development (SR&ED)
Canada Revenue Agency
Up to 68% tax credit
Federal tax incentive program that encourages Canadian businesses to conduct research and development in Canada.
📍 All Canada
🏢 federal
📅 Ongoing
Eligibility: Canadian businesses conducting eligible R&D activities
Learn More & Apply →
CanExport SMEs
Global Affairs Canada
Up to $99,999
Helps small and medium-sized enterprises pursue new export opportunities and markets.
📍 All Canada
🏢 federal
📅 Ongoing
Eligibility: Canadian SMEs seeking to develop export markets
Learn More & Apply →
Digital Technology Supercluster
Digital Technology Supercluster
Up to $5 million
Builds digital technology solutions that address challenges in health, manufacturing, and natural resources.
📍 BC
🏢 federal
📅 Ongoing
Eligibility: Companies in British Columbia's digital technology sector
Learn More & Apply →
Ontario Innovation Tax Credit
Government of Ontario
Up to 8% tax credit
Refundable tax credit for eligible R&D expenditures incurred in Ontario by qualifying corporations.
📍 ON
🏢 provincial
📅 Ongoing
Eligibility: Qualifying corporations conducting R&D in Ontario
Learn More & Apply →
Quebec Research and Development Tax Credit
Government of Quebec
Up to 14% tax credit
Refundable tax credit for eligible R&D expenditures incurred in Quebec.
📍 QC
🏢 provincial
📅 Ongoing
Eligibility: Corporations conducting R&D in Quebec
Learn More & Apply →
Export Development Canada (EDC) Financing
Export Development Canada
Varies
Provides a suite of financial solutions (insurance, guarantees, financing) to help Canadian companies grow their export business and manage risk.
📍 All Canada
🏢 federal
📅 Ongoing
Eligibility: Canadian companies engaged in international trade
Learn More & Apply →
Colleges and Institutes Canada (CICan) Applied Research
Colleges and Institutes Canada
Varies
Connects businesses with colleges and institutes for applied research projects, often via grants like NSERC's college programs.
📍 All Canada
🏢 federal
📅 Ongoing
Eligibility: Businesses seeking applied research partnerships with colleges
Learn More & Apply →
Industrial Transformation Program
Innovation, Science and Economic Development Canada
Up to $100 million
Supports large-scale industrial transformation projects that strengthen Canada's industrial capacity, often through contributions to major facility or innovation upgrades.
📍 All Canada
🏢 federal
📅 Ongoing
Eligibility: Large industrial companies in Canada undertaking transformative projects
Learn More & Apply →
Investments in Forest Industry Transformation (IFIT)
Natural Resources Canada
Up to $10 million
Supports innovative, first-in-kind projects in the forest sector that increase competitiveness and environmental performance (e.g., bioenergy, biomaterials).
📍 All Canada
🏢 federal
📅 Ongoing
Eligibility: Forest industry companies implementing transformative projects
Learn More & Apply →
Next Generation Manufacturing Canada (NGen) Supercluster
NGen (Supercluster)
Varies (project-based funding)
Canada's Advanced Manufacturing Supercluster that co-funds collaborative, transformative manufacturing and technology projects led by industry consortia to scale up innovation.
📍 All Canada
🏢 federal
📅 Ongoing
Eligibility: Consortia of Canadian manufacturers, tech firms and researchers with transformative projects
Learn More & Apply →
Scale AI Supercluster
Scale AI
Varies (project-based funding)
Canada's artificial intelligence supercluster that funds collaborative projects deploying AI to enhance supply chains. Supports industry-led consortia in retail, manufacturing, transportation and more.
📍 All Canada
🏢 federal
📅 Ongoing
Eligibility: Consortia of Canadian companies, solution providers, and research institutions implementing AI in supply chains
Learn More & Apply →
Innovation Growth Program
Province of Manitoba
Up to $100,000 (50% of project costs)
Provides non-repayable grants to support small and medium-sized businesses in Manitoba pursuing innovation and technology commercialization.
📍 MB
🏢 provincial
📅 Ongoing
Eligibility: Manitoba SMEs with a technology commercialization project
Learn More & Apply →
LiONS LAIR Pitch Competition
Innovation Factory (Hamilton)
Varies (e.g., $30,000 grand prize)
One of Canada's largest pitch competitions, where finalists compete for significant cash prizes from a pool of investors.
📍 ON
🏢 private
📅 Annual Competition
Eligibility: High-growth startups ready to pitch to investors. Primarily Southern Ontario-focused
Learn More & Apply →