Top Research and Development Funding Programs for 2024
Government funding programs can support Canadian businesses with their innovation goals through grants, loans, and tax credits to offset research and development activities.
Government funding programs can support Canadian businesses with their innovation goals through grants, loans, and tax credits to offset research and development activities.
Government funding for cleantech innovation helps meet climate action goals so that all Canadians can benefit from a more sustainable country and advancing cleantech sector.
The Critical Minerals Innovation Fund (CMIF) will provide Ontario businesses with up to $500k per project to support the research and development of critical minerals innovation.
Discover the top government grant and loan funding programs available this season for economic growth, recovery, and innovation.
Eligible businesses located in Western Canada can access government grants and loans to support a wide range of strategic growth projects, including business expansion, capital investment, hiring and training, and research and development.
Many Canadian businesses do not take advantage of the SR&ED tax credit program because they believe their project and/or costs are not eligible, but this belief is often guided by common misconceptions.
Through the Agri-Food and Bio-Industrial Innovation Program (ABIP), Alberta-based applicants can receive up to 75% to a maximum of $500,000 to reduce greenhouse gas-emissions by helping to develop new agri-food technology, systems, and/or processes.
Ontario is investing up to $5 million to help provide funding for Ontario businesses to develop and adopt cybersecurity innovation.
Via the International Technology Partnership Program (ITP), eligible applicants can receive up to $250,000 in grant funding towards commercializing a new product.