Explore some of Canada’s top funding programs below:
Funding Amount: $4 billion total available
Purpose: Support businesses adopting new technology and pursuing digital transformation
Eligibility: Businesses with at least two employees, incorporated for over two years
Though this program is now closed, we’re here to prepare you for similar opportunities in the future.
Funding Amount: Claim a deduction against income or earn an investment tax credit up to 35% eligible R&D expenditures (labor, materials, subcontractor expense, and other overhead cost) with a maximum claim of C$3 million
Purpose: Encourage innovation through research and development initiatives
Eligibility: Businesses conducting R&D projects
This long-standing program has been a reliable source of funding for Canadian businesses.
Funding Amount: Covers 50-75% of eligible project costs
Purpose: Accelerate early-stage innovation and commercialization of cutting-edge AI technologies
Eligibility: Businesses advancing innovation and scaling AI-driven projects
If your focus is scalability and commercializing groundbreaking technologies, this is your chance.
Funding Amount: Up to 50% of eligible project costs
Purpose: Help high-growth businesses scale operations, expand markets, and improve productivity
Eligibility: Established businesses with strong growth potential
This interest-free, repayable funding is perfect for businesses looking to grow without giving up equity.