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Innovative Solutions Canada - Program - Canada
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Innovative Solutions Canada - Program

Funding for Canadian SMEs to develop and test innovations
Last Update: June 10, 2026
Funding available
Varies by project
Timeline
  • Open continuously
Location
Canada

Overview

Innovative Solutions Canada provides project-based funding for Canadian SMEs developing innovative solutions to government challenges. Eligible activities include proof-of-feasibility work, prototype development, testing and validation toward commercialization.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Develop a new product or service
  • Conduct research and development activities
Eligible Funding
  • Varies by project
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • All industries
Location
  • Canada
Legal structures
  • For-profit business
Annual revenue
  • $ 10,000,000 maximum revenue
Organisation size
  • 99 employees maximum
Audience
  • Canadians
  • Startups

Next Steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Development of a proof of feasibility report for innovative solutions addressing government challenges.
  • Building and testing prototypes of innovations to meet specific government-identified needs.

Eligibility

Who is eligible?

  • Canadian small businesses
  • Canadian medium businesses
  • For-profit corporations incorporated in Canada

Eligible expenses

  • Development of a proof of feasibility report.
  • Building and testing of prototype innovations.

Eligible geographic areas

  • Businesses incorporated in Canada (federally or provincially).

Additional information

  • The innovator retains ownership of any intellectual property developed during the grant process.
  • Market-ready innovations may be eligible for the pathway to commercialization, making them available for federal procurement for a period of 3 years.
  • Applicants should monitor each challenge for unique timelines and funding details.
  • Affiliated businesses, including parent companies and subsidiaries both in and outside Canada, must be included in full-time employee calculations.

Other components of this program

Explore related funding streams and grants that belong to the same program.

Frequently Asked Questions about the Innovative Solutions Canada - Program Program

What is the Innovative Solutions Canada - Program?

Innovative Solutions Canada provides project-based funding for Canadian SMEs developing innovative solutions to government challenges. Eligible activities include proof-of-feasibility work, prototype development, testing and validation toward commercialization.

Who is eligible for the Innovative Solutions Canada - Program program?

To be eligible for the Innovative Solutions Canada - Program program, you must: Operate as a for-profit entity. Be incorporated in Canada (federally or provincially). Have 499 or fewer full-time equivalent (FTE) employees.

What expenses are eligible under Innovative Solutions Canada - Program?

Development of a proof of feasibility report for innovative solutions addressing government challenges. Building and testing prototypes of innovations to meet specific government-identified needs.

Where is the Innovative Solutions Canada - Program available?

The Innovative Solutions Canada - Program program is available across Canada.

Is the Innovative Solutions Canada - Program a grant, loan, or tax credit?

Innovative Solutions Canada - Program is a Grant and Funding

Who are the financial supporters of the Innovative Solutions Canada - Program?

Innovative Solutions Canada - Program is funded by Innovation Canada, Innovation, Science and Economic Development Canada (ISED)