Financing for innovation 

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Are you looking to finance your innovation activities? Whether you're working on products or services at the research and development phase, or looking to market your innovation at the commercialization stage, there are a number of government programs available to help you. Find out if you qualify.

  • BDC Small Business Loan — for existing business

    Get a loan of up to $50,000 within 2 to 5 business days. There are no fees or hassles and the entire process is online.

  • AVAC Ltd.
    Applies only to: Alberta

    If you operate a new Alberta agricultural business, you can apply for money for R&D and to help you market your product or service.

  • Aboriginal Business and Entrepreneurship Development
    Applies only to: Newfoundland and Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Québec, Ontario, Manitoba, Saskatchewan, Alberta, British Columbia

    Apply for financing to start or grow your Aboriginal business.

  • AgriInnovation Program

    If you have an agri-business, you can apply for an R&D contribution to get your new agricultural product or technology ready for the market.

  • Agriculture Financial Services Corporation Lending
    Applies only to: Alberta

    Access loans and services to start or grow farm, agribusiness or other small business.

  • Alberta BoostR
    Applies only to: Alberta

    This crowdfunding platform can help your Alberta business raise money through a community of supporters, in exchange for a reward.

  • Alberta Foundation for the Arts Grants
    Applies only to: Alberta

    Learn about grants and resources for artists in Alberta.

  • Alberta Indian Investment Corporation
    Applies only to: Alberta

    If you are an Aboriginal entrepreneur seeking financing and business support, learn about loans, equity investments and services available to you.

  • Alberta Innovates
    Applies only to: Alberta

    You could get support for the research and innovation-based activities of your business from the Government of Alberta.

  • Alberta Innovates r&D Associates
    Applies only to: Alberta

    You could get financial help with hiring a Master's or PhD graduate to conduct research and related activities for your business.

  • Alberta Media Fund
    Applies only to: Alberta

    If you publish books or magazines, or produce films or sound recordings, you could get a grant to fund new projects and cover eligible expenses.

  • Alberta Scientific Research and Experimental Development Tax Credit Program
    Applies only to: Alberta

    Your corporation may be able to receive a tax credit for scientific research and experimental development expenditures incurred in Alberta.

  • Apeetogosan (Métis) Development Inc.
    Applies only to: Alberta

    Are you an established or budding entrepreneur seeking financing and business support services? If so, learn about direct business financing, equity investments, and business services.

  • Aquaculture Collaborative Research and Development Program

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

  • Automotive Innovation Fund

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

  • Automotive Partnership Canada

    If you are working on next-generation automotive technologies, you could receive financial assistance to support collaborative R&D activities.

  • BDC Capital

    Access a wide range of specialized financing to match the various stages of your business' growth.

  • BDC financing

    You could get money to help you start or grow your business.

  • BDC growth capital for aboriginal business

    Find out how you could get money to help start or grow your Aboriginal business.

  • Business Opportunity Grant
    Applies only to: Alberta

    If you are an agriculture producer, producer group or a new entrant to the industry you may be eligible for funding for your projects.

  • Canada Feature Film Fund

    If you are an incorporated Canadian film producer, you could receive money to develop, produce and market your movies in English or French.

  • Canada Media Fund

    If you are involved in the Canadian television or digital media industries, you may be eligible for funding.

  • Collaborative Health Research Projects

    If you are in natural sciences or engineering and have a partner from the health science community, you could get funding for your collaborative research project.

  • Collaborative Research and Development Grants

    You could get a university to help you with your research project in natural sciences or engineering if you contribute half the costs of the project.

  • Community Futures Alberta — Small Business Loans
    Applies only to: Alberta

    You could get a loan to start or grow a business if you live in rural Alberta.

  • Community Futures Treaty Seven — Business development
    Applies only to: Alberta

    Are you an Aboriginal entrepreneur wishing to start or grow your business? You may be eligible for a business loan.

  • Connect Canada internships

    You could receive $5,000 to help pay the salary (4 to 6 months) of a graduate student or post-doctoral fellow to assist you in advanced R&D projects.

  • Engage Grants

    You could access a grant for your science and engineering business to help solve a company-specific problem.

  • Farm Credit Canada – Loans and Lending Options

    You could access capital for your farming or agri-business operation.

  • Industrial Research Assistance Program

    Your small or medium-sized business may qualify for financial assistance to develop, adopt, adapt and/or commercialize new or improved technologies.

  • Industry Partnership Programs

    Get help with your Canadian R&D projects in natural sciences or engineering from colleges and universities in Canada.

  • Industry-Partnered Collaborative Research Program

    If you are an academic researcher, you can apply for a grant for a collaborative research project you undertake with a Canadian industry partner who shares an interest in health R&D.

  • Interaction Grants

    Your R&D company could get a grant of up to $5,000 to meet with established academic researchers to identify potential research projects.

  • International Science and Technology Partnerships Program

    If you own a small or medium-sized business with R&D projects in science and technology, you could get money to partner with foreign researchers.

  • Investments in Forest Industry Transformation

    You could get funding to commercialize new technologies for forest product production.


    You may be eligible for financing if you are a French-language songwriter, composer, artist, or recording business owner.

  • Matching Investment Fund

    If you produce milk products or manufacture processed goods made with milk, you could get funding to create new or improved products.

  • Micro-Voucher, Voucher and Product Demonstration Program
    Applies only to: Alberta

    Apply for financial assistance to bring new technologies or knowledge-based products and services to market.

  • Mitacs Accelerate

    Learn how you can expand your R&D potential by recruiting a graduate student or postdoctoral fellow to research your technology project.

  • Mitacs Elevate

    You could obtain research assistance from a PhD fellow at a reduced cost to your business for projects lasting up to two years.

  • Networks of Centres of Excellence

    Explore various funds available for your R&D activities that respond to current research and innovation needs.

  • NextGen Biofuels Fund

    Find out if you are eligible for funding to develop a biofuel production facility in Canada.

  • Partnership Workshops Program

    If you are an academic wanting to work on collaborative research activities with end-users from the business community, you can apply for a grant to develop a workshop.

  • Scientific Research and Experimental Development Tax Incentive Program

    You can get a tax credit if you spend money on industrial R&D in Canada.

  • Space Technology Development Program

    Your organization (Industry or Academia) could receive financial and technical support to perform R&D on space technologies.

  • Strategic Aerospace and Defence Initiative

    If your aerospace and defence company is incorporated in Canada, you could receive money for R&D projects in Canada.

  • Sustainable Development Technology Fund

    Need money to develop and test a new energy technology? You could qualify for funding to create clean technology products that fight climate change.

  • TECTERRA Geomatics Technology Programs

    If you are an entrepreneur in the geomatics industry, you could access funding and resources that can help you develop and commercialize your business.

  • Technology Demonstration Program

    You could receive up to 50% of the costs of a next-generation manufacturing project for the aerospace, defence, space and security industries.

  • Western Diversification Program
    Applies only to: Manitoba, Saskatchewan, British Columbia, Alberta

    If your not-for-profit organization is looking to strengthen the economy of Western Canada, you can apply for funding for various initiatives.

  • Western Innovation (WINN) Initiative
    Applies only to: Alberta, British Columbia, Manitoba, Saskatchewan

    Your Western business could get financial assistance to bring innovative products, processes and services to market.

  • Youth Employment Program

    You could obtain financial assistance to hire a skilled post-secondary graduate to work on your innovative project.