Innovative Solutions Canada
Small businesses can compete on government-set challenges to build prototypes, or have the government buy an innovation to test it in real settings.
Run by: Innovation, Science and Economic Development Canada
Type: Grant
Where: Canada-wide
Funding: See the official page.
Business size: Eligible Canadian small businesses
Deadline: Set per challenge; six listed as open on 2026-10-30, closing between November 18 and December 22, 2026
Related programs
Scientific Research and Experimental Development (SR&ED) tax incentives
Businesses doing eligible research and development in Canada can earn an investment tax credit, claimed with their income tax return.
NRC Industrial Research Assistance Program (IRAP) financial support
Technology-driven small and medium businesses can get project funding and advisor support to research, develop and commercialize products and services.
Regional Artificial Intelligence Initiative (Prairies)
Prairie businesses can get support to adopt AI or to bring Canadian AI products and services to market.
Regional Artificial Intelligence Initiative in Atlantic Canada
Atlantic small and medium businesses can submit an expression of interest for repayable funding to adopt or deploy AI.