Innovative Solutions Canada – Challenge Stream
Innovation, Science and Economic Development Canada (ISED) Canada
Funding amount
up to $2,000,000
Deadline
Rolling — apply anytime
Region
Canada
Funder type
Federal Government
For
Businesses
Eligible organizations
For-profit SME, Incorporated in Canada (federally or provincially)
About this program
Challenge stream for Canadian SMEs to submit innovative ideas, early-stage innovations, and late-stage prototypes addressing specific government challenges. Phase 1 provides funding (up to $150,000–$300,000) to develop proof of feasibility; Phase 2 provides funding (up to $1M–$2M over 2 years) to build and test prototypes. Successful innovators retain IP ownership and may commercialize solutions through the Pathway to Commercialization program.
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