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Finance your R&D/innovation

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1. Loan guarantees

Fonds de diversification économique de la MRC des Appalaches

Innovation, Science and Economic Development Canada

Your business could be eligible for financial assistance if you are starting or growing a manufacturing, primary, tertiary (value-added services) or tourism business in the Des Appalaches MRC.

Support will mainly be provided in the form of a

  • Repayable contribution (loan with interest, interest-free loan, equity investment);
  • Loan guarantee of up to 70% of net loss;
  • Non-repayable contribution.

The amount of financing can reach 25% of the total cost for investment projects, and 50% for other types of projects. A minimum investment of 10% of the total project cost is required.

Other conditions apply.

Fonds de diversification économique du Centre-du-Québec et de la Mauricie

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance if you are located in the Centre-du-Québec and Mauricie regions, and are carrying out a business development project in the industries of manufacturing, primary, tertiary or tourism.

Support is primarily in the form of a:

  • Repayable contribution (interest-bearing or interest-free loan, equity participation)
  • Loan guarantee of up to 70% of net loss
  • Non-refundable contribution

You may receive up to 25% of the total costs for investment projects and up to 50% for other projects. An investment of at least 10% of the total cost will be required.

Other conditions apply.

Fonds de diversification économique — MRC des Sources

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance, if you are carrying out a start-up or business development project in the manufacturing, value added tertiary sector or tourism industry in the Regional County Municipality of Des Sources.

Support will be primarily in the form of a:

  • Repayable contribution (interest-bearing or interest-free loan, equity participation)
  • Loan guarantee of up to 70% of net loss
  • Non-refundable contribution

You may receive up to 25% of the total costs for investment projects and up to 50% for other projects. An investment of at least 10% of the total cost will be required.

Other conditions apply.

Local investment fund

Ministère de l'Économie, de la Science et de l'Innovation

If you are starting or expanding a business, you could be eligible for financing in the form of various types of loans or loan guarantees.

Loans can cover eligible expenses such as:

  • Capital expenditures
  • Technology acquisition
  • Working capital for operations

You could get an interest-free loan to help you acquire at least 25% of an existing rural business that you plan to take over.

SMBs and Large Corporations — Project Financing

Investissement Québec

You may be eligible for a loan, a loan guarantee, or funding in "quasi-equity" of $50,000 or more for business projects such as:

  • Purchase of machinery and equipment
  • Building modernization
  • Business succession, transfer, or acquisition
  • Increase in working capital
  • Trademarks acquisition
  • Export
  • Innovation
  • Commercialization

The maximum duration of funding is 25 years. Agricultural sectors, finance, real estate and retail are excluded.

Other conditions apply.

2. Equity investments

BDC Capital

Business Development Bank of Canada

Access a wide range of specialized financing to match the various stages of growth of your business, such as:

  • Transforming your ideas into a business
  • Growth initiatives such as R&D, and product and market development
  • Buying or transferring a business, including family successions, management and partner buyouts, and management buy-ins

Options include:

  • Venture capital
  • Growth and Transition Capital
  • Growth equity

Terms and conditions may be tailored to meet your unique needs.

Capital Intelligent Mtl

PME MTL

Do you have a start-up or growing business that provides urban innovations that help make Montreal a leader as a smart, digital city? If so, you could qualify for private equity ranging from $150,000 to $5 million.

Your project must:

  • Expect to create jobs in Montreal
  • Contribute to Montreal's international reputation and appeal

Other conditions apply.

Development of Québec Intellectual Property in the Video Game Industry

Investissement Québec

If you intend to develop, commercialize and operate a video game project in Quebec, you could receive funding ranging from $175,000 to $3 million per project, to a maximum of $5 million per business.

You must:

  • Have your head office and principal place of business in Quebec
  • Hold the intellectual property for the product
  • Incur most of eligible expenditures in Quebec
  • Intend on marketing and distributing on a global scale
  • Have completed the pre-production stage.

Other conditions apply.

Femmessor — Réussir en affaires

Femmessor

Are you a woman who owns at least 25% of the shares of a business? If so, you could get assistance with a project relating to the start-up, expansion, consolidation, growth, or acquisition of a business, such as:

  • A conventional loan ($20,000 to $150,000) or capital stock (up to $250,000)
  • Customized training, workshops and seminars to perfect your skills
  • Individual coaching services or mentoring
  • Networking activities to develop your network of relationships

Your project must be cost-effective and economically viable.

Other conditions apply.

Fonds de diversification économique de la MRC des Appalaches

Innovation, Science and Economic Development Canada

Your business could be eligible for financial assistance if you are starting or growing a manufacturing, primary, tertiary (value-added services) or tourism business in the Des Appalaches MRC.

Support will mainly be provided in the form of a

  • Repayable contribution (loan with interest, interest-free loan, equity investment);
  • Loan guarantee of up to 70% of net loss;
  • Non-repayable contribution.

The amount of financing can reach 25% of the total cost for investment projects, and 50% for other types of projects. A minimum investment of 10% of the total project cost is required.

Other conditions apply.

Fonds de diversification économique du Centre-du-Québec et de la Mauricie

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance if you are located in the Centre-du-Québec and Mauricie regions, and are carrying out a business development project in the industries of manufacturing, primary, tertiary or tourism.

Support is primarily in the form of a:

  • Repayable contribution (interest-bearing or interest-free loan, equity participation)
  • Loan guarantee of up to 70% of net loss
  • Non-refundable contribution

You may receive up to 25% of the total costs for investment projects and up to 50% for other projects. An investment of at least 10% of the total cost will be required.

Other conditions apply.

Fonds de diversification économique — MRC des Sources

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance, if you are carrying out a start-up or business development project in the manufacturing, value added tertiary sector or tourism industry in the Regional County Municipality of Des Sources.

Support will be primarily in the form of a:

  • Repayable contribution (interest-bearing or interest-free loan, equity participation)
  • Loan guarantee of up to 70% of net loss
  • Non-refundable contribution

You may receive up to 25% of the total costs for investment projects and up to 50% for other projects. An investment of at least 10% of the total cost will be required.

Other conditions apply.

Fonds Innovexport

Le Fonds Innovexport

You could receive up to $3 million in funding for an innovative project that aims to export products or services that meet a market need.

You must:

  • Have a corporate structure that is conducive to investment
  • Have a realistic goal of profitability
  • Be supported by an incubator, accelerator, or expert panel

Businesses in the following industries are NOT eligible for the program:

  • Agriculture, forestry, and mining operations (except applied technologies)
  • Biotechnology, construction, property management, and retail

Other conditions apply.

Programme BioMed Propulsion

Investissement Québec

Your life science business, specifically in the fields of human or animal health or medical biotechnology, could benefit from an equity loan of up to $10 million to help it commercialize the results of its research.

The business must:

  • Secure new capital from private investors in the form of shares representing three times the amount of financial assistance requested
  • Have its head office and the majority of positions in Quebec.

Other conditions apply.

SMBs and Large Corporations — Project Financing

Investissement Québec

You may be eligible for a loan, a loan guarantee, or funding in "quasi-equity" of $50,000 or more for business projects such as:

  • Purchase of machinery and equipment
  • Building modernization
  • Business succession, transfer, or acquisition
  • Increase in working capital
  • Trademarks acquisition
  • Export
  • Innovation
  • Commercialization

The maximum duration of funding is 25 years. Agricultural sectors, finance, real estate and retail are excluded.

Other conditions apply.

Solunov

Fonds de solidarité FTQ

You could access coaching services and financing — by way of a loan or equity investment — for an innovative project such as:

  • Improving a product or a business process
  • Adopting a marketing strategy
  • Implementing a new technology

Experts will assist you throughout your project, with:

  • Diagnostics and a business audit
  • Feasibility study and idea validation
  • Project integration and completion

You must demonstrate the market potential of your project.

Other conditions apply.

3. Loans and cash advances

BDC business loans

Business Development Bank of Canada

Whether you are launching a business or looking to expand and grow an existing one, you could get a term loan to help you:

  • Start or buy a business
  • Buy, build or renovate your facilities
  • Buy equipment
  • Research and develop new products
  • Develop new markets for your products
  • Acquire information and communications technology
  • Sell your business

The loan comes with flexible terms.

You may need to provide credit references and to have invested money in your business. Other conditions apply.

BDC Capital

Business Development Bank of Canada

Access a wide range of specialized financing to match the various stages of growth of your business, such as:

  • Transforming your ideas into a business
  • Growth initiatives such as R&D, and product and market development
  • Buying or transferring a business, including family successions, management and partner buyouts, and management buy-ins

Options include:

  • Venture capital
  • Growth and Transition Capital
  • Growth equity

Terms and conditions may be tailored to meet your unique needs.

BDC Small Business Loan - for existing business

Business Development Bank of Canada

Keep your cash flow. Rather than using the money you need for day-to-day activities, consider applying for additional financing. With the BDC Small Business Loan, you could get up to $100,000 within 5 business days, no application fees or hassles. The entire process is completed online.

You need to have been operating your business for the past 24 months.

Other conditions apply.

BDC Xpansion Loan

Business Development Bank of Canada

If you are looking to expand into new domestic or foreign markets, this loan could provide you with funding to:

  • Invest in technology or develop new products
  • Launch a new marketing campaign
  • Purchase licenses, patents or trademarks
  • Hire and train additional employees
  • Obtain a certification

Conditions apply.

Chantier de l'économie sociale Trust

Réseau d'investissement social du Québec (RISQ)

Your social economy business, non-profit organization or cooperative could get a loan with a 15-year capital repayment moratorium. Trust funding ranges from $50,000 to $1,500,000 and can cover up to 35% of eligible expenses.

You could fund:

  • working capital-related costs
  • launch of new products
  • equipment purchases
  • acquisition, construction or renovation of a building

Your business must have fewer than 200 employees.

Community Futures Program (Quebec)

Canada Economic Development for Quebec Regions

If you live in a rural area or in a region that doesn't have many job opportunities, you may be able to get a loan to start or grow a business. The amount of funding available and the eligibility criteria depend on the region where you live.

You will need to create a business plan and describe any financing you have received or expect to receive through any other government or municipal program. The funding is a loan that must be repaid.

Femmessor — Réussir en affaires

Femmessor

Are you a woman who owns at least 25% of the shares of a business? If so, you could get assistance with a project relating to the start-up, expansion, consolidation, growth, or acquisition of a business, such as:

  • A conventional loan ($20,000 to $150,000) or capital stock (up to $250,000)
  • Customized training, workshops and seminars to perfect your skills
  • Individual coaching services or mentoring
  • Networking activities to develop your network of relationships

Your project must be cost-effective and economically viable.

Other conditions apply.

Financing for sustainable agri-food businesses

Fondaction

You could benefit from financing and support for projects designed to grow and develop your agribusiness through innovation

To be eligible, you must:

  • Demonstrate the skills and experience of your management team
  • Ensure that the majority of jobs are created in Quebec
  • Establish the sustainability and profitability of the project
  • Illustrate the potential for social and environmental benefits

You could benefit from:

  • Progressive repayment schedules based on the implementation of your business plan
  • Diagnostics
  • Matchmaking-coaching meetings
  • Financial advice

Other conditions apply.

Fonds de diversification économique de la MRC des Appalaches

Innovation, Science and Economic Development Canada

Your business could be eligible for financial assistance if you are starting or growing a manufacturing, primary, tertiary (value-added services) or tourism business in the Des Appalaches MRC.

Support will mainly be provided in the form of a

  • Repayable contribution (loan with interest, interest-free loan, equity investment);
  • Loan guarantee of up to 70% of net loss;
  • Non-repayable contribution.

The amount of financing can reach 25% of the total cost for investment projects, and 50% for other types of projects. A minimum investment of 10% of the total project cost is required.

Other conditions apply.

Fonds de diversification économique du Centre-du-Québec et de la Mauricie

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance if you are located in the Centre-du-Québec and Mauricie regions, and are carrying out a business development project in the industries of manufacturing, primary, tertiary or tourism.

Support is primarily in the form of a:

  • Repayable contribution (interest-bearing or interest-free loan, equity participation)
  • Loan guarantee of up to 70% of net loss
  • Non-refundable contribution

You may receive up to 25% of the total costs for investment projects and up to 50% for other projects. An investment of at least 10% of the total cost will be required.

Other conditions apply.

Fonds de diversification économique — MRC des Sources

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance, if you are carrying out a start-up or business development project in the manufacturing, value added tertiary sector or tourism industry in the Regional County Municipality of Des Sources.

Support will be primarily in the form of a:

  • Repayable contribution (interest-bearing or interest-free loan, equity participation)
  • Loan guarantee of up to 70% of net loss
  • Non-refundable contribution

You may receive up to 25% of the total costs for investment projects and up to 50% for other projects. An investment of at least 10% of the total cost will be required.

Other conditions apply.

Innovative Manufacturer Financing

Investissement Québec

See how your manufacturing business can benefit from a term loan of up to $250,000 to cover up to 100% of project costs, such as:

  • Consultation fees to initiate an innovation process
  • Working capital expenditures to support the commercialization of a new innovative product or the hiring of experts

You must have:

  • Been in operation for at least 3 years
  • Sales figures of $2 million or more
  • At least 15 employees
  • A sound financial and operational structure

Other conditions apply.

Local investment fund

Ministère de l'Économie, de la Science et de l'Innovation

If you are starting or expanding a business, you could be eligible for financing in the form of various types of loans or loan guarantees.

Loans can cover eligible expenses such as:

  • Capital expenditures
  • Technology acquisition
  • Working capital for operations

You could get an interest-free loan to help you acquire at least 25% of an existing rural business that you plan to take over.

SMBs and Large Corporations — Project Financing

Investissement Québec

You may be eligible for a loan, a loan guarantee, or funding in "quasi-equity" of $50,000 or more for business projects such as:

  • Purchase of machinery and equipment
  • Building modernization
  • Business succession, transfer, or acquisition
  • Increase in working capital
  • Trademarks acquisition
  • Export
  • Innovation
  • Commercialization

The maximum duration of funding is 25 years. Agricultural sectors, finance, real estate and retail are excluded.

Other conditions apply.

Solunov

Fonds de solidarité FTQ

You could access coaching services and financing — by way of a loan or equity investment — for an innovative project such as:

  • Improving a product or a business process
  • Adopting a marketing strategy
  • Implementing a new technology

Experts will assist you throughout your project, with:

  • Diagnostics and a business audit
  • Feasibility study and idea validation
  • Project integration and completion

You must demonstrate the market potential of your project.

Other conditions apply.

BDC Indigenous Entrepreneur Loan

Business Development Bank of Canada

As an Indigenous entrepreneur, you could get up to $150,000 to start a business or up to $250,000 to grow your existing business.

Operations can be on or off reserve.

You can use the loan to:

  • Acquire fixed assets
  • Finance franchise fees
  • Cover start-up costs
  • Start exporting
  • Replenish working capital to support your company's growth

4. Tax refunds and credits

Reconnaissance des consortiums de recherche admissibles

Ministère de l'Économie, de la Science et de l'Innovation

The purpose of this tax measure is to encourage businesses from one or more related industries to become part of consortia or to create one, with a view to carrying out joint pre-competitive research.

The refundable tax credit for research conducted by a research consortium could cover 80% of the amount of a contract for R&D work.

Other conditions apply.

Scientific Research and Experimental Development Tax Incentive Program (SR&ED)

Canada Revenue Agency (CRA)

If you conduct industrial R&D in Canada, you may be eligible for a tax refund or tax credit of up to 35% of what you spent on R&D.

You can apply for tax credits for expenses like wages, materials, machinery, equipment, some overhead and contracts related to:

  • Experimental development
  • Applied research
  • Basic scientific research
  • Certain types of technical support work

You can apply for the tax credit as part of your tax return by completing the required forms. There are a variety of tools and services available to help you with your claim.

Soft Landing program

Canadian Digital Media Network

Are you ready to introduce your ICT product or service to international markets? If you have existing revenues and are a client of the Canadian Digital Media Network's hub partners, you could be eligible for reimbursements of:

  • Up to $4,000 towards transportation and accommodation costs
  • Up to 3 months of desk space at a co-working location, accelerator or incubator

To be eligible, your ICT product or service must be market ready and there must be potential for growth in foreign markets.

Other conditions apply.

Tax credit for pre-competitive private partnership research

Ministère de l'Économie, de la Science et de l'Innovation

Do you want to carry out Scientific Research and Experimental Development projects in Quebec? If so, your Canadian business could benefit from a 30% refundable tax credit for work performed in a partnership with an eligible private company.

The tax credit may cover SR&ED costs related to:

  • Salaries
  • Cost of materials and installation
  • Contracts entrusted to sub-contractors (up to 80%)
  • Overhead costs

To be eligible, you must obtain a certificate of eligibility issued by the Department.

Other conditions apply.

Tax Credit for Salaries and Wages (R&D)

Investissement Québec

You could benefit from a tax credit rate of 14% to 37.5% of your payroll, if your business:

  • Performs or contracts out scientific research and experimental development (SR&ED) work
  • Performs R&D work in Quebec
  • Is neither exempt from taxes, nor controlled by an incorporated business exempt from taxes
  • Is not an incorporated business controlled by a prescribed research entity

An eligible biopharmaceutical company that has a certificate issued by Investissement Québec before June 4, 2014 could benefit from a reduced rate.

Other conditions apply.

Tax credit for the development of e-business

Investissement Québec

You could get a refundable tax credit of up to $25,000 per eligible employee for your business, if:

  • 75% of your gross revenue is derived from the information technology sector
  • 50% of your activities belong to NAICS codes 511211, 511212, 541514, 541515 and, under certain conditions, 561320 and 561330
  • Your business has 6 or more employees on a full-time basis

To be eligible, you must obtain an eligiblilty certificate from Investissement Québec for both your corporation and your employees.

Other conditions apply.

Tax holiday for foreign experts

Ministère de l'Économie, de la Science et de l'Innovation

If you recruit foreign experts to work on your innovation, scientific research, and experimental development project in Quebec, you could obtain a tax holiday of up to 60 consecutive months.

The assistance applies to the salaries paid to the foreign experts, as follows:

  • 100% of taxable earnings for the first two years
  • 75% the third year
  • 50% the fourth year
  • 25% the fifth year

You must hire a foreign researcher with an undergraduate diploma recognized by a Quebec university. The candidate must also have pertinent experience in the field.

Other conditions apply.

Tax holiday for foreign researchers

Ministère de l'Économie, de la Science et de l'Innovation

This tax measure facilitates the recruitment of researchers from abroad to work on your innovation project.

To qualify for this tax holiday, with a maximum duration of 60 consecutive months and applicable to the salary paid to the foreign researcher, you must:

  • Have a business operating in Quebec
  • Conduct scientific research and experimental development
  • Have signed an employment contract with a foreign researcher with a graduate degree recognized by a Quebec university

Other conditions apply.

5. Grants, contributions and financial assistance

Aboriginal Business and Entrepreneurship Development

Indigenous and Northern Affairs Canada

If you are Aboriginal or have a majority-owned Aboriginal business, you can apply for up to $99,999 to help you:

  • Start or buy a business
  • Develop a business plan
  • Grow your existing business
  • Market your product or service
  • Develop new products or processes
  • Get business advice

You do not need to pay the money back. Conditions apply.

Before applying, contact a business development officer in your region to discuss your project.

Aboriginal Initiatives Fund III

Secrétariat aux affaires autochtones

If you run an eligible Indigenous organization, you can receive funding for your project to:

  • Start-up, expand or develop a business
  • Conduct the necessary studies to finalize a project
  • Help the Nation or community better structure its economic development
  • Develop the Indigenous workforce
  • Enhance the social economy

The sponsor must demonstrate the financial needs to be met and provide a business plan supporting the project’s validity and relevance.

Other conditions apply.

Accessible Technology Program

Innovation, Science and Economic Development Canada

Is your business developing new assistive or adaptive technologies to improve access to the digital economy for persons with disabilities? You could get funding of up to $4 million.

To be eligible you must:

  • Demonstrate project management expertise
  • Complete the project by March 2022

The eligible costs include:

  • Operating costs including: salaries, travel, accounting and admin expenses
  • Training
  • Hardware and software
  • Expenses for health and safety and environmental protection

Other conditions apply.

AgriInnovate Program

Agriculture and Agri-Food Canada

Looking to fund your innovative agri-food or agri-based product or technology? You may be eligible for up to 50% of eligible project costs to a maximum of $10 million.

Eligible activities include: commercialization, adoption or demonstration of innovative products, technologies, processes and services.

Examples of these activities may include:

  • Expansion or modernization of a facility or site
  • Purchase and installation of equipment
  • Training and development of staff
  • Marketing activities

Other conditions apply.

Applied Research and Development Grants

Natural Sciences and Engineering Research Council of Canada

You could receive funding of up to $150,000 when you partner with an eligible Canadian college to develop clean technologies.

Your grant could total:

  • $150,000 when you cover 50% or more of the project cost
  • $75,000 when you cover 50% or less of the project cost

Your business or consortium must be Canadian-based and you must make use of the research. The Natural Sciences and Engineering Council of Canada will determine your financial contribution to a project.

Other conditions apply.

Aquaculture Collaborative Research and Development Program

Fisheries and Oceans Canada

By collaborating with government researchers, you could increase your business' scientific capacity for R&D projects relating to fish health and environmental performance.

Eligible industry applicants must be:

  • Marine aquaculture producers operating within Canada
  • Directly involved in producing marine aquatic species for pre-commercial or commercial purposes
  • Companies or associations involved with sea ranching mariculture operations
  • Provide a minimum of 30% of the program amount requested, at least 7.5% of which must be a cash contribution

Annual deadline to submit proposals: February 1.

Other conditions apply.

Automotive Innovation Fund

Innovation, Science and Economic Development Canada

If you have an incorporated automotive business, you could get funding to build greener, more fuel-efficient vehicles through innovation and R&D.

Proposals will be assessed based on innovation, environmental and economic benefits, your ability to achieve stated objectives, and the project's contribution to:

  • Automotive R&D capacity and knowledge-based jobs in Canada
  • Long-term economic benefit to Canada, including significant job creation/retention
  • The potential to attract further investments to foster Canadian competitiveness

Eligible projects must have a total private sector investment valued at more than $75 million over five years.

Other conditions apply.

Business Assistance — Immigrant Investor Program

Investissement Québec

You could benefit from a non-repayable financial contribution of up to $250,000 to help pay for most growth projects, such as:

  • Increasing, modernizing or improving production
  • Getting certified for conforming to a standard
  • Technological innovation or design
  • Marketing products outside Québec

You must:

  • Obtain the recommendation of an accredited financial intermediary that is recognized by Investissement Québec
  • Have less than $35 million in total assets
  • Submit a project with a cost of at least $300,000

Other conditions apply.

Business-Led Networks of Centres of Excellence

National Research Council Canada

If you create a network of skilled partners in industry and academia to address real-world challenges and stimulate innovation, you could receive funding for research costs.

Priority research areas include:

  • Environmental science
  • Natural resources and energy
  • Health and life sciences
  • ICT
  • Management, business or finance

Your network should be able to:

  • Market or generate business applications for the proposed research
  • Create, grow and retain companies in Canada
  • Capture new markets
  • Increase domestic collaborations

Your network must incorporate as a federal not-for-profit organization to receive funding for up to a maximum of five years.

Canada Feature Film Fund

Telefilm Canada

If your film production business is a Canadian-owned and controlled corporation, you may be eligible for financial assistance.

Funding is available through a variety of programs, including the following:

  • Development Program
  • Production Program
  • Theatrical Documentary Program
  • Marketing Program
  • International Marketing and Festival Participation Program

Various Canadian content conditions apply. See the website for financing details. You may submit your application online at any time during Telefilm's fiscal year.

Canada-India Research Centre of Excellence

Government of Canada

If you form a network of key individuals and organizations from Canada and India, interested in collaborative research activities, you can enter a competition that will result in one Centre receiving funding of up to $13.8 million over five years.

To apply, you must be a Canadian researcher eligible to receive funding from key partners.

Proposals are evaluated based on these equally-weighted criteria:

  • Management of the network
  • Networking and partnerships
  • Knowledge mobilization and exchange
  • Development of highly qualified personnel
  • Excellence of the research program

A Notification of Intent is required.

Canadian Agricultural Adaptation Program

Agriculture and Agri-Food Canada

Your not-for-profit organization can apply for a non-repayable contribution of up to $1 million towards the costs of an industry-led project that helps the agriculture, agri-food and agri-based products sector to:

  • Seize opportunities (take advantage of a situation or circumstance to develop a new idea, product, niche, or market opportunity)
  • Respond to new and/or emerging issues
  • Pathfind and/or pilot solutions to new and ongoing issues

Eligible applicants are:

  • Not-for-profit organizations and associations, including cooperatives
  • Marketing boards
  • Aboriginal groups

Individuals and for-profit organizations are not eligible.

Canadian Agriculture Partnership — AgriScience Program

Agriculture and Agri-Food Canada

If you own a not-for-profit corporation you may be eligible for non-repayable funding to support:

  • Pre-commercial science activities
  • Research in the agriculture and agri-food sectors

You must provide a minimum of 30% of eligible costs. Funding request must be at least $5 million.

Other conditions apply.

Canadian International Innovation Program

Global Affairs Canada

If you are a for-profit Canadian business looking to collaborate with a foreign partner in Brazil, China, India, Israel or South Korea, you could get up to 50% of the costs associated with the commercialization of your innovation, including development, adaptation and validation of technology.

To qualify, you must have a project that:

  • Could be a commercial success
  • Is technologically feasible
  • Is for non-military purposes

Other conditions apply.

Centre of Excellence in Next Generation Networks (CENGN)

Centre of Excellence in Next Generation Networks

Are you looking to accelerate the commercialization of your innovative communications technology, products, applications or services? You may be eligible for commercialization support which may have a value of $50,000 to $100,000.

Qualifying fields include:

  • Software Defined Network, Network Function Virtualization, SD WAN
  • Internet of Things/Smart City Applications
  • Data Centre/Cloud
  • Network transport, applications, or mobility
  • Security

Additional services can help commercialize, test, certify, and validate next-generation communications.

Other conditions apply.

Clean Growth Program

Natural Resources Canada (NRCAN)

You may be eligible for funding if you operate a natural resources or clean technology business and are working on cleantech projects in the areas of energy, mining and forestry.

Eligible activities in natural resource operations include:

  • Reducing greenhouse gas and air emissions
  • Minimizing landscape disturbances and improving waste management
  • The production and use of advanced materials and bioproducts
  • Efficient energy use and productivity
  • Reducing water use and impacts on aquatic ecosystems

All projects will be required to secure provincial/territorial support.

Other conditions apply.

Collaborative Research and Development Grants

Natural Sciences and Engineering Research Council of Canada

If you are undertaking a research project in natural sciences or engineering, you could have part of the project costs paid for you by partnering with a university. To be eligible, you should:

  • Contribute at least half the costs
  • Have a project that is scientifically and technically feasible
  • Have the expertise, with the help of your partner, to complete the project
  • Have a project that benefits Canada
  • Provide training to university students who work on the project

Other conditions apply. See the website for details.

Community Interaction Program: St. Lawrence Action Plan

Environment and Climate Change Canada

If you are a non-profit, non-governmental organization, you could be eligible for funding of up to $200,000 to help improve the St. Lawrence ecosystem. Projects focus on specific environmental issues requiring action, and include:

  • Awareness raising and educational activities
  • Studies to identify specific action
  • Implementation of restoration actions such as shoreline cleanup, stabilization and revegetation; or
  • Measures to protect species at risk

Other conditions apply.

Community Investment Program

Canadian Internet Registration Authority

Your not-for-profit organization can apply for a grant of up to $100,000 to develop an innovative community project that will help build a safer and more accessible Internet for Canadians.  

Types of projects which may be funded are:

  • Community access to the Internet
  • Online services for disadvantaged groups
  • Digital literacy
  • Infrastructure security
  • Research focused on technological aspect of the Internet
  • Activities that lead to more effective Internet governance
  • Increase public participation in policy making
  • Address social, economic or environmental needs.

Other conditions apply.

Connect to Innovate

Innovation, Science and Economic Development Canada

If your business operates in a rural or remote area, you can apply for financing to obtain a high-speed Internet connection.

The funding covers up to 75% of eligible costs for rural communities and up to 90% for backbone and last-mile infrastructure projects in remote communities.

Eligible expenses include direct costs related to:

  • Labour
  • Material
  • Equipment
  • Satellite capacity
  • Travel
  • Other applicable direct costs

Projects will be assessed against essential criteria (technology, project management) and comparative criteria (community benefits, partners, and costs).

Other conditions apply.

Emerging Renewable Power Program

Natural Resources Canada (NRCAN)

You could be eligible for funding for your business to expand the portfolio of commercially viable renewable energy sources available to provinces and territories as they work to reduce GHG emissions from their electricity sectors.

The program will establish new industries in Canada by supporting renewable power technologies that are:

  • already established at the commercial level abroad but not yet in Canada
  • demonstrated in Canada but not yet deployed at utility scale

Engage Grants

Natural Sciences and Engineering Research Council of Canada

If your business operates in Canada, you could receive a grant of up to $25,000 when you partner with a college or university to develop valuable technology.

To qualify, your company must have:

  • At least 2 full-time employees
  • Been in operation for at least 2 years

You must demonstrate how the collaborative research will lead to significant economic benefit.  

The grant covers a project of 6 months or less, and you could get a maximum of 2 grants per year.

Other conditions apply.

Fisheries and Aquaculture Clean Technology Adoption Program

Fisheries and Oceans Canada

Do you undertake activities such as wild capture harvesting, or have operations in aquaculture facilities or processing plants in the fish or seafood sectors? If so, you could be eligible for funding to reduce the environmental impacts of your activities by implementing clean technologies.

If you meet the eligibility criteria, you can submit a project proposal, which must include a minimum of 10% provincial or territorial funding (cash or in-kind). The program provides funding for up to 75% of eligible project costs.

Other conditions apply.

Fonds de développement économique de la région de la Capitale-Nationale

Secrétariat à la Capitale-Nationale

You could receive a non-repayable contribution to support your projects in the Capitale-Nationale region, such as:

  • The marketing of a product
  • Improvements to services and infrastructure
  • Conferences and cultural or sporting events
  • Opportunity and feasibility studies

The structuring effect of the project is evaluated according to its:

  • Economic benefits
  • Extra-regional outreach
  • Contribution to economic development

The retail and wholesale trades andaccommodation and food services sectors are not eligible.

Other conditions apply.

Fonds de diversification économique de la MRC des Appalaches

Innovation, Science and Economic Development Canada

Your business could be eligible for financial assistance if you are starting or growing a manufacturing, primary, tertiary (value-added services) or tourism business in the Des Appalaches MRC.

Support will mainly be provided in the form of a

  • Repayable contribution (loan with interest, interest-free loan, equity investment);
  • Loan guarantee of up to 70% of net loss;
  • Non-repayable contribution.

The amount of financing can reach 25% of the total cost for investment projects, and 50% for other types of projects. A minimum investment of 10% of the total project cost is required.

Other conditions apply.

Fonds de diversification économique du Centre-du-Québec et de la Mauricie

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance if you are located in the Centre-du-Québec and Mauricie regions, and are carrying out a business development project in the industries of manufacturing, primary, tertiary or tourism.

Support is primarily in the form of a:

  • Repayable contribution (interest-bearing or interest-free loan, equity participation)
  • Loan guarantee of up to 70% of net loss
  • Non-refundable contribution

You may receive up to 25% of the total costs for investment projects and up to 50% for other projects. An investment of at least 10% of the total cost will be required.

Other conditions apply.

Fonds de diversification économique — MRC des Sources

Ministère de l'Économie, de la Science et de l'Innovation

You could get financial assistance, if you are carrying out a start-up or business development project in the manufacturing, value added tertiary sector or tourism industry in the Regional County Municipality of Des Sources.

Support will be primarily in the form of a:

  • Repayable contribution (interest-bearing or interest-free loan, equity participation)
  • Loan guarantee of up to 70% of net loss
  • Non-refundable contribution

You may receive up to 25% of the total costs for investment projects and up to 50% for other projects. An investment of at least 10% of the total cost will be required.

Other conditions apply.

Going Global Innovation

Global Affairs Canada

Are you a Canadian researcher from a small or medium size enterprise, university, or a non-government research centre looking to solidify an international partnership needed to commercialize your technology? If so, you could receive up to 75% of the costs associated with partnership development activities.

You will need to demonstrate that your targeted partnership would enable you to develop or improve a product or service that is technologically feasible.

Other conditions apply.

Green Freight Assessment Program

Natural Resources Canada (NRCAN)

You could receive funding of up to $10,000 to review the state of your fleets to help make informed decisions to reduce your fuel costs, and your greenhouse gas emissions.

The application form consists of 4 sections:

  • Company information
  • Business operation
  • Fleet portrait
  • Previous assessment experience and readiness

Other conditions apply.

Green infrastructure programs

Natural Resources Canada (NRCAN)

If your business plans to carry out clean energy infrastructure projects, you could get help with deployment and market entry by participating in a variety of funding programs, including:

  • Electric Vehicle Infrastructure Demonstrations (EVID)
  • Electric Vehicle and Alternative Fuel Infrastructure Deployment Initiative
  • Smart Grids
  • Energy Efficient Buildings RD&D
  • Clean Energy for Rural and Remote Communities
  • Emerging Renewable Power

Funding amounts vary, as do the application processes. Conditions apply.

Industrial agreement programs

Ministère de l'Économie, de la Science et de l'Innovation

You could receive financial assistance and support for your industrial, technological or service agreement projects in Europe. The programs can help you plan short-term missions for your business' directors or senior technical staff.

You could obtain:

  • Local support in identifying and organizing meetings with potential partners
  • A fixed payment of $1,500 for assistance with logistics

Your business must have been established for at least one year and have the technical and financial capacity to carry out the planned project.

Industrial Research Assistance Program

National Research Council Canada

Your small or medium-sized business could grow stronger, faster and bigger through innovation and technology. You could receive customized technical and business advice as well as non-repayable financial contributions to help you:

  • Research, develop and commercialize new technologies
  • Accelerate the adoption and adaptation of these technologies

To qualify, your business in Canada must:

  • Be incorporated and profit-oriented
  • Have 500 or fewer full-time equivalent employees
  • Show the ability to grow and generate profits

Other conditions apply.

Innovation for Defence Excellence and Security (IDEaS)

Department of National Defence

If you are an innovator with ideas about solving specific defence and security challenges, you could get up to $200,000 for a maximum period of 6 months to fund your proposal, with opportunities to see your solution through prototype testing and capability development. Each project must have a minimum Canadian content of 50%.

To submit your idea, you must first understand the current challenges being faced, under one of 3 themes:

  • People and enhanced human performance
  • Anticipate threat
  • Adapt to a changing environment

Other conditions apply.

Innovative Solutions Canada

Innovation, Science and Economic Development Canada

Is your business looking to come up with a novel solution to solve a specific challenge from a Government of Canada department or agency? Your business could receive up to $150,000 for the proof of concept and then, if approved, get up to $1 million to develop a prototype.

To be eligible your small business must:

  • Be incorporated with a head office in Canada
  • Have 499 or fewer full time employees
  • Have 50% or more of employees working in Canada
  • Have at least 50% of salary expenditures be on employees working in Canada
  • Have 50% or more of senior executives with a principal residence in Canada

Other conditions apply.

Investments in Forest Industry Transformation

Natural Resources Canada (NRCAN)

Has your business developed highly innovative or first-in-kind technologies that could help Canada's forest industry become more competitive or sustainable? If so, you could get a non-repayable contribution of up to 50% of the project's costs to demonstrate the technology at the pilot or commercial scale.

Eligible costs include:

  • Capital expenses, materials, and supplies
  • Salaries and professional fees
  • Travel and training

Costs associated with the production or export of softwood lumber are not eligible.

Other conditions apply.

Low Carbon Economy Challenge

Environment and Climate Change Canada

Are you working on reducing GHG emissions and generating clean growth? You may be eligible for funding of no less than $1 million and up to $50 million.

The Champions stream offers funding for projects based primarily on reducing greenhouse gas emissions and that meet 4 key principles:

  • Tangible and measurable GHG emissions reductions
  • Incrementality
  • Contributing towards Canada’s 2030 emission reduction target
  • Cost-effectiveness

Some of the eligible project costs can include salaries, supplies, equipment and other operation costs.

Deadline to apply for the Champions stream is May 14, 2018.

The Partnerships stream will be open for applications later in 2018-19.

Other conditions apply.

Matching Investment Fund (dairy)

Canadian Dairy Commission

You could get up to $150,000 to create new or improved products made from milk. Up to $25,000 of that amount can be used for consultation services, while remaining funds must be applied to product development.

To qualify, you need to:

  • Make foods, drinks or other products using milk
  • Contribute 50% of the costs
  • Create a product that increases the use of milk

Small businesses (fewer than 25 employees) are eligible for a reimbursement of up to 100% of eligible costs for the first $10,000 spent on a project.

Other conditions apply.

Mitacs Accelerate International

Mathematics of Information Technology and Complex Systems (Mitacs)

If you are a for-profit business with offices or facilities in Canada, you may be eligible for $7,500 in matching funds for a research project if you partner with a international graduate student.

The project can help you strengthen your networks, create joint ventures, and stay on top of global trends in your sector.

To participate, you must:

  • Provide support, and hands-on training in the student's field of study
  • Contribute half of the funding

Other conditions apply.

Mitacs Elevate

Mathematics of Information Technology and Complex Systems (Mitacs)

You could get the help of a PhD fellow to work on your research projects for up to two years through this cost-shared program.

Participation can help your business:

  • Address practical problems or challenges
  • Expand R&D capacity
  • Access equipment, lab spaces and other university resources

You are expected to:

  • Provide a minimum contribution of $30,000 annually
  • Have an office or site in the same province as the fellow’s university
  • Host the fellow at your facilities 50% of the time

Other conditions apply.

MUSICACTION

MUSICACTION

As a French-language songwriter, composer, artist, or recording business owner, you may be eligible for financing to help pay for:

  • Recordings and production
  • Artistic development
  • Marketing and promotion
  • Domestic and international business development

Financing amounts range, depending on the activity.

Networks of Centres of Excellence

Government of Canada

Explore various funds available for your R&D activities, especially in the areas of engineering, health, and natural, social and biomedical science.

If your work responds to current research and innovation needs, there is a range of multi-stage competitions that are scheduled as funding becomes available. The programs address the needs that are specific to the different stages of the innovation process.

Application deadlines vary.

Partnerships Options for Companies

Natural Sciences and Engineering Research Council of Canada

If you are a Canadian business with an R&D project in natural sciences or engineering, you could partner with Canadian colleges and universities to access their facilities and students.

With a financial or in-kind contribution, you could participate in programs that can help you:

  • Undertake short-term R&D projects
  • Develop new products or services, or improve processes
  • Increase your R&D capability
  • Gain research insights into a longer-term industry challenge

See website for more details.

Passeport innovation

Ministère de l'Économie, de la Science et de l'Innovation

Your eligible SME, cooperative or non-profit organization could benefit from a non-refundable contribution of up to $50,000 to support its technological, organizational and social innovation projects.

You must:

  • Use the expertise of one or more of QuébecInnove's member organizations to perform research and development 
  • Present a project that will have a strategic impact on your industry sector or that will foster regional, national or international development

Eligible expenses include salaries, purchase of equipment and management fees.

Other conditions apply.

Programme de soutien à l'économie sociale — Volet Innovation

Ministère de l'Économie, de la Science et de l'Innovation

If your group or business supports social enterprise, you could get funding of up to $50,000 for projects in order to:

  • Conduct studies
  • Establish mobilization activities
  • Implement a research project
  • Develop a program of activities that complement those of the Ministry

Projects should allow one to:

  • Study the issues and practices surrounding social economy
  • Create or organize community services
  • Encourage the pooling of resources
  • Lead to a better use of resources

Other conditions apply.

Quantum Leap

CQDM — Quebec Consortium for Drug Discovery

If you have a business in the biopharmaceutical industry, you may be eligible for funding to advance the discovery of preventative or remedial drugs.

Projects must last between 2 and 3 years and generally have a budget between $500,000 and $2,500,000.

The funding may come in the form of a grant or an equity investment.

You may be required to meet with the appropriate officials during the application process.

Other conditions apply.

Quebec Economic Development Program

Canada Economic Development for Quebec Regions

Find programs and services to help you  grow your business.

Find resources that can help you:

  • Improve productivity
  • Innovate,  adopt or transfer technologies
  • Market or export your goods or services

Space Technology Development Program

Canadian Space Agency

Your organization (industry or academia) could receive financial and technical support to perform R&D on space technologies. This support covers proposals solicitation (through regular Request for Proposals), evaluation and selection, as well as rigorous project management.

Technologies should help:

  • Reduce risk for future Canadian space activities
  • Improve industrial processes and infrastructure
  • Create knowledge through innovation

Strategic Aerospace and Defence Initiative

Innovation, Science and Economic Development Canada

If your Canadian corporation does R&D in the aerospace, defence, space or security industries, you could receive funding for up to 40% of the cost of your project.

You may be eligible if your project:

  • Creates opportunities to contribute to a highly skilled and knowledge-based workforce
  • Involves industrial research
  • Includes strategic R&D activities
  • Requires support essential to its location, scope and/or timing
  • Has R&D that takes place in Canada
  • Involves collaboration with academia in Canada

Funding is in the form of conditionally or unconditionally repayable contributions.

Strategic Innovation Fund — Stream 4

Innovation, Science and Economic Development Canada

If your organization operates in the health and biosciences sector, you could be eligible for a non-repayable financial contribution of up to 50% of eligible costs for a large-scale project that advances industrial research, development and technology demonstration.

To be eligible, you must:

  • Partner with at least one academic organization to form a consortium (for corporations) or a network (for non-profits supporting businesses in more than one region)
  • Clearly describe the anticipated innovation, economic or public benefits of your project/proposal

The call for statement of interest runs from June 28, 2018 to August 31, 2018. Subsequent competitions will be held and will include other sectors.

Other conditions apply.

 

Strategic Innovation Fund — Streams 1, 2 and 3

Innovation, Science and Economic Development Canada

Your for-profit organization could be eligible for a financial contribution to enhance productivity and support R&D, investment, and growth.

You may submit an application for funding in one of 3 project streams:

  1. R&D to accelerate technology transfer and commercialization of innovative products, processes and services
  2. Firm expansion and growth within Canada
  3. Attraction of large-scale high-quality investments and reinvestments to Canada

Applications for streams 1 to 3 are accepted on a continuing basis. There are no submission deadlines.

Conditions apply.

Sustainable Development Technology Fund

Sustainable Development Technology Canada

If you create technology that deals with climate change issues, clean air, clean water or soil quality, you could get funding to cover up to 33% of the costs involved in developing and testing your product.

To qualify, you need to:

  • Have expertise in sustainable development technology
  • Be part of a project consortium

Your product or process must be used to:

  • Produce and distribute energy
  • Create electricity (for example, solar power)
  • Remove pollutants in certain industry sectors

Other conditions apply. You only need to repay the funds if you collect revenues related to the project or use project assets for business activities.

Technology Demonstration Program

Innovation, Science and Economic Development Canada

You could receive funding of up to 50% of the costs (up to $54 million) of one large-scale aerospace and defense R&D project per year.

Eligible applicants must:

  • Be a for-profit corporation (or university, college or research institute) operating in Canada
  • Be an Original Equipment Manufacturer or a Tier 1 supplier to one
  • Demonstrate the ability to lead a large-scale multi-member project
  • Have sufficient resources to fund the R&D
  • Partner with at least 1 SME corporation and 1 academic institute

Other conditions apply.

Women Entrepreneurship Knowledge Hub

Innovation, Science and Economic Development Canada

Get funding to set up a hub to advance research, collect data and gather best practices to support the advancement of women entrepreneurs.

Eligible organizations include:

  • Post-secondary academic institutions
  • Research institutes
  • Incorporated non-profit organizations who are partnering with one of the above to form a consortium

Eligible costs include:

  • Employee salaries
  • Marketing costs
  • Administrative expenses

Deadline to apply is September 7, 2018.

Other conditions apply.

6. Other resources

You can also consult our other directories of financing programs.

You could also avail yourself of non-financial resources to succeed in your business venture.

For any inquiries, please contact our information agents.

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