Research and development are vital components in helping all industry sectors to remain competitive in their respective market. Benefits of R&D ventures includes increasing productivity, decreasing marginal costs, or creating a new product or service that can be commercialized. However, R&D ventures are often costly and require businesses to look for additional funding to cover the cost of these projects. In today’s blog post, we have compiled a list of R&D funding opportunities that are available in Canada for businesses. We have segmented the funding into three categories: hiring grants, innovation grants, and business grants.
Find your own business carrying out the above services? Or not sure whether you are carrying out a SR&ED qualified project? Reach out to our team (This email address is being protected from spambots. You need JavaScript enabled to view it.) today! We can help you identify SR&ED related projects and our team of experienced technical writers can help you secure the funding you need to take your business to the next level. We will accompany every step of the way during the application procedure to ensure the most optimal outcome.
Hiring Grants
Grant | Application | Eligibility & Funding Details |
National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) - Youth Employment Program |
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MITACs Accelerate |
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MITACs – AI Incorporation |
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Student Work Placement Program - Information Technology Association of Canada |
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Student Work Placement Program - Biotech Canada |
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Innovation Grants
Grant | Application | Eligibility & Funding Details |
Voucher for Innovation (VIP) |
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NSERC Engage |
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NSERC Engage Plus |
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NSERC Alliance |
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Scale AI |
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Next Generation Manufacturing Canada (NGen) – Pilot Project |
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Next Generation Manufacturing Canada (NGen) – Project Application |
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Next Generation Manufacturing Canada (NGen) – Feasibility Study |
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Proteins Industries Canada – Technology Fund |
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Smart Computing for Innovation (SOSCIP) |
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Business Grants
Grant | Application | Eligibility & Funding Details |
Maple Leaf Angels |
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MaRS IAF |
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Market Readiness (MR125) |
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Market Readiness (MR250) |
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Next36 |
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Next AI |
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Amplify Capital |
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At Felix SR&ED, we are dedicated to helping you elevate your business. Feel free to reach out to us at This email address is being protected from spambots. You need JavaScript enabled to view it. if you require assistance in any of the above applications.