Grants and Funding Programs

Grants are typically available through federal, provincial, and municipal governments. Examples include the Strategic Innovation Fund, Canada Small Business Financing Program, and Regional Economic Growth through Innovation program.

Each province in Canada also offers its own grant and funding programs to support local businesses. These programs may target specific industries, growth sectors, or regional development initiatives.

The Canadian government provides significant support for research and development activities. Programs like the Scientific Research and Experimental Development (SR&ED) Tax Incentive Program offer tax credits or refunds to businesses engaged in scientific research and experimental development. Consult with tax experts and explore programs offered by the National Research Council (NRC) and other agencies to access R&D funding.

Many industries have specific grant programs tailored to their unique needs. For example, the agriculture sector has programs like the Canadian Agricultural Partnership, while the clean technology sector can access funding through the Sustainable Development Technology Canada (SDTC). Research industry associations, trade organizations, and sector-specific funding agencies to identify relevant grant opportunities.