Explore Canadian Government Grants for Your Business

What Types of Government Funding Are
Available for Your Innovation and R&D Projects?
GOVERNMENT GRANTS in
CANADA--2018 & BEYOND

FUNDING TYPES
TAX CREDITS
Entitlement
Reduces tax liability AFTER
the fact
Meet the requirements, get
the money!
GRANTS
Competitive
Receive funds AS YOU GO
Meet the requirements, get
the money?
Grants involve a competitive process in which the government “picks winners”. In some cases they can be
stackable to a maximum coverage of 75%. However, R&D Tax Credits are entitlements that amount to a rebate
on eligible expenses incurred.

2 0 1 7 : T H E I N N O VAT I O N A N D
S K I L L S P L A N
“making Canada a
WORLD-LEADING
INNOVATION HUB
to help create more
good, well-paying jobs,
and help strengthen
and grow the middle
class.”
Introduced in the 2017 federal budget, a key objective of this
plan is to ensure Canada remains competitive in the global
innovation economy.

I N N O VAT I O N A N D S K I L L S
P L A N F U N D I N G : 3 K E Y A R E A S
INNOVATION AND
R&D
MARKET ACCESSTALENT

I N N O VAT I O N A N D R & D I N
T H E B U D G E T
INNOVATION CANADA PLATFORM
The mandate is to review, consolidate and simplify dozens of innovation programs, focusing on achieving growth in
Advanced Manufacturing, Agri-Food, Clean Tech & Resources, Digital, Health & Bio

R & D F U N D I N G C O M M I T M E N T S
I N 2 0 1 7 F E D E R A L B U D G E T
SIF
$1.26B
SUPER-
CLUSTERS
$950M
NRC (IRAP)
$59.6M
SDTC
$400M
IMPACT
CANADA FUND
$375M
CGP
$400M
GCWood
$39.8M
SR&ED (2018)
$2.9B
With an allocated budget of
$2.8B for 2017 and $2.9B for
2018, SR&ED remains the
single largest innovation funding
program.

S T R AT E G I C I N N O VAT I O N F U N D
FUNDING FOR:
 R&D /
Commercialization
 Firm Expansion
 Collaborative
Tech Dev & Demo
NO
LIMIT
o n t h e f u n d i n g a m o u n t p e r
c o m p a n y
$1.26B
i n t o t a l p r o g r a m f u n d i n g
a v a i l a b l e
“ t o spur
innovat ion f or a
bet t er C anada”
P r o g r a m O b j e c t i v e :
OPEN TO
PR OJEC TS IN A LL
SEC TOR S &
IN D U STR IES

S I F : S H O U L D Y O U A P P LY F O R I T ?
Innovative Project
Priority Sectors

I N N O VAT I O N S U P E R C L U S T E R S
FUNDING FOR:
 Day-to-day Super-
cluster ops &
services
 Project costs for
collaborative R&D
technology
development
NO
LIMIT
o n t h e f u n d i n g a m o u n t p e r
i n d u s t r y - l e d c o n s o r t i u m
$950M
a v a i l a b l e
“ To t ranslat e t he
st rengt hs of our
innovat ion
ecosyst ems int o
new commercial
and global
opport unit ies…”
OPEN TO
INDUSTRY-LED
CONSORTIA

S U P E R C L U S T E R S H O RT L I S T
6 7 0 “ i n n o v a t i o n p a r t n e r s ”
9 c a n d i d a t e s s h o r t l i s t e d s o f a r
7 i n c l u d e d i g i t a l t e c h n o l o g y a s a k e y c o m p o n e n t
2 f o c u s o n A g r i - f o o d
3 e m p h a s i z e S u s t a i n a b i l i t y a n d / o r C l e a n Te c h n o l o g y
4 a i m t o o f f e r s o l u t i o n s f o r t h e A d v a n c e d
M a n u f a c t u r i n g s e c t o r

I N D U S T R I A L R E S E A R C H
A S S I S TA N C E P R O G R A M ( I R A P )
FUNDING FOR:
 Project costs for
development and
commercialization
of innovative,
tech-driven
products, services
or processes
$1M
l i m i t o n t h e
f u n d i n g a m o u n t
p e r c o m p a n y
$220M
a v a i l a b l e a n n u a l l y
“ p r o vi d e f i n a n c i a l
s u p p o r t t o q u a l i f i e d
s m a l l a n d m e d i u m -
s i z e d e n t e r p r i s e s i n
C a n a d a t o h e l p t h e m
u n d e r t a k e
t e c h n o l o g y
i n n o va t i o n . … ”
OPEN TO
INCORPORATED
SMEs WITH <500
EMPLOYEES

G R A N T S F O R R & D I N C L E A N T E C H
A N D S U S TA I N A B I L I T Y
$840M a l l o c a t e d t o wa r d C l e a n t e c h a n d S u s t a i n a b i l i t y i n t h e 2 0 1 7 b u d g e t
S D Te c h F u n d G C Wo o d C l e a n G r o wt h
( C G P )
S m a r t C i t i e s
C h a l l e n g e
I m p a c t C a n a d a
C l e a n t e c h
I n n o v a t i o n a n d
C l e a n G r o wt h
L o w- C a r b o n
E c o n o m y C h a l l e n g e
C M E S m a r t
G r e e n
Though not a primary goal, 76% of
programs for 2016/2017 provide some
support to clean technology innovation

S R & E D TA X C R E D I T S
FU N D IN G FOR :
 Pr ojec ts under tak en
to ac hieve s c ientific
and tec hnologic al
advanc ement in or der
to develop new or
imp r o ve d p r o d u c ts ,
pr oc es ses or
s ervic es
NO
LIMITo n t h e f u n d i n g
a m o u n t p e r
c o m p a n y
$2.9B
b u d g e t e d a n n u a l p r o g r a m
f u n d i n g f o r 2 0 1 8
“ a f e d e r a l t a x
i n c e n t i ve p r o g r a m
t h a t e n c o u r a g e s
C a n a d i a n
b u s i n e s s e s o f a l l
s i z e s , i n a l l s e c t o r s ,
t o d o R & D i n
C a n a d a ”
OPEN TO ALL
CANADIAN
FOR-PROFIT
ENTERPRISES,
IN ALL
SECTORS

B U D G E T 2 0 1 7 : R E V I E W O F
S R & E D
4000 4000
3300
3144
3304 3273
2636 2626 2691 2796
2906
2008 2009 2010 2011 2012 2013 2014 2015 (P) 2016 (P) 2017 (P) 2018 (P)
S R & E D P R O G R A M C O S T S ( $ M )
S R & E D TO B E R E V I E W E D F O R I T S E F F E C T I V E N E S S &
E F F I C I E N C Y
Individuals Non-Refundable Refundable Total

C Y B E R S E C U R I T Y F I N T E C H I N N O V A T I O N
P I L O T P R O G R A M ( C F I P P )
FUNDING FOR:
 Tech dev and
demo projects for
innovative
cybersecurity
products/services
$100K
l i m i t o n t h e
p e r c o m p a n y
$7.8M
a v a i l a b l e
“ t o accelerat e t he
grow th of
cybersecurit y
st art - up and scale -
up companies in
Ont ario”
OPEN TO
ONTARIO-
BASED START-
UP/SCALE-UP
+ FI PARTNER

TALENT I N THE BUDGET
YOUTH
EMPLOYMENT
WORK-
INTEGRATED
LEARNING
SKILLS
DEVELOPMENT
Three main prongs to the government’s funding strategy aimed at increasing Canada’s skilled workforce

2 0 1 7 B U D G E T: TA L E N T
F U N D I N G C O M M I T M E N T S
MITACS WORK-
INTEGRATED
LEARNING
PLACEMENTS
$221M
YOUTH
EMPLOYMENT
STRATEGY
$395.5M
A goal of the program is to nearly triple the annual number of work-integrated
learning placements each year to 10,000

Y O U T H E M P L O Y M E N T
P R O G R A M S
• OCE
TALENTEDGE
FELLOWSHIP
• IRAP YOUTH
EMPLOYMENT
PROGRAM (IRAP
YEP)
• ICTC CAREER
CONNECT
$12,000
-
$35,000
f u n d i n g a va i l a b l e
p e r h i r e

W O R K - I N T E G R AT E D
L E A R N I N G P R O G R A M S
• OCE
TALENTEDGE
INTERNSHIP
• MITACS
ACCELERATE
• NSERC
EXPERIENCE
AWARD
• ONTARIO CO-OP
TAX CREDIT
• APPRENTICESHIP
TAX CREDIT
$3,000
-
$10,000
f u n d i n g a va i l a b l e
p e r p l a c e m e n t

a v a i l a b l e
I R A P Y O U T H E M P L O Y M E N T
P R O G R A M ( Y E P )
FUNDING FOR:
 Hiring new
grads in tech-
related role at
tech-oriented
company
$15K
l i m i t o n t h e
p e r n e w h i r e
“ I n a d d i t i o n t o
m e e t i n g t h e n e e d s
o f i n n o v a t i v e
S M E s , t h i s
P r o g r a m
f a c i l i t a t e s t h e
t r a n s i t i o n o f
h i g h l y s k i l l e d
y o u n g p e o p l e t o a
r a p i d l y c h a n g i n g
l a b o u r m a r k e t . ”
OPEN TO
INNOVATIVE
SMEs IN ALL
SECTORS
$81M
a n n u a l p r o g r a m
f u n d i n g

a v a i l a b l e
N S E R C E x p e r i e n c e A w a r d
FUNDING FOR:
 Hiring new
grads in tech-
related role at
tech-oriented
company
$15K
l i m i t o n t h e
p e r n e w h i r e
S M E s , t h i s
P r o g r a m
OPEN TO
INNOVATIVE
SMEs IN ALL
SECTORS
$81M
f u n d i n g

a v a i l a b l e
Ta l e n t E d g e : F e l l o w s h i p & I n t e r n s h i p
P r o g r a m
FUNDING FOR:
 Hiring new
grads in tech-
related role at
tech-oriented
company
$15K
l i m i t o n t h e
p e r n e w h i r e
S M E s , t h i s
P r o g r a m
OPEN TO
INNOVATIVE
SMEs IN ALL
SECTORS
$81M
f u n d i n g

Apprentice Tax Credit
 Qualified co-op program
o E.g. Work placement with a student in the Software Engineering program at the University of
Waterloo, or a Medical & Health Physics Student at McMaster University
 25-45% of salary max $3,000 per placement
 10 weeks up to 4 months
 Qualified apprenticeship program
o E.g. Cook, Powerline Technician, Machinist, Painter and Decorator
 25-45% of salary
 Max $10,000 per year, $40,000 over first 48 months
Co-op Tax Credit

a v a i l a b l e
C A N A D A - O N TA R I O J O B G R A N T
FUNDING FOR:
 Non-Regulatory
3rd Party
Employee
Training Courses
for Skills
Upgrade
$300K
l i m i t o n t h e
p e r c o m p a n y
“ t o h e l p
O n t a r i o ' s
e m p l o y e r s
d e ve l o p t h e i r
w o r k f o r c e
t h r o u g h
e m p l o y e r - l e d
t r a i n i n g . ”
OPEN TO ALL
ONTARIO
EMPLOYERS
$40M
f u n d i n g

M A R K E T A C C E S S I N T H E
B U D G E T
INNOVATIVE
SOLUTIONS
CANADA
$50M
COMING IN 2018?
Innovative Solutions Canada, is modelled after the very successful U.S. Small Business Innovation
Research (SBIR) program. The details of how this will be implemented have yet to be released.

a v a i l a b l e
G O I N G G L O B A L I N N O VAT I O N
FUNDING FOR:
 Commercialization
 Export assistance
 Networking
 International
travel
 Non R&D product,
process dev
$75K
l i m i t o n t h e
p e r c o m p a n y
“ t o promot e
and enhance
C anada's
int ernat ional
innovation
ef f ort s”
O P E N TO
C AN A D I A N
R E S E AR C H E R S
F R O M P R I VAT E
C O M PAN I E S ,
U N I V E R S I T I E S AN D
N O N - G O V E R N M E N T
R E S E AR C H
C E N T R E S
$4M
f u n d i n g

a v a i l a b l e
CANEXPORT
FUNDING FOR:
 International
travel
 Trade shows
 Marketing material
 Document
translation
 Market research
$100K
l i m i t o n t h e
p e r c o m p a n y
“ F i n a n c i a l
s u p p o r t f o r
y o u r s m a l l o r
m e d i u m - s i z e d
f i r m ’s
d e ve l o p m e n t o f
n e w e x p o r t
o p p o r t u n i t i e s . ”
O P E N TO S M E s
R E G I S T E R E D I N
C AN A D A T H AT AR E
S E E K I N G TO
D E V E L O P N E W
E X P O R T
O P P O R T U N I T I E S
AN D M AR K E T S
$10M
f u n d i n g

a v a i l a b l e
EXPORT MARKET ACCESS
FUNDING FOR:
 International trade
shows
 Promotional
materials
 Market research
$30K
l i m i t o n t h e
p e r t r a d e s h o w
“ F i n a n c i a l
s u p p o r t f o r
y o u r s m a l l o r
m e d i u m - s i z e d
f i r m ’s
d e ve l o p m e n t o f
n e w e x p o r t
o p p o r t u n i t i e s . ”
OPEN TO
“ EMER GIN G
EXPOR TER ”
SMEs B A SED IN
ON TA R IO W ITH
ANNUAL SALES
> $500K
$2M
f u n d i n g

a v a i l a b l e
O N TA R I O E X P O RT E R S F U N D
FUNDING FOR:
 Hiring an
Export
Manager
$80K
l i m i t o n t h e
p e r c o m p a n y
“ t o a s s i s t S M E s
t o b e c o m e
e x p o r t r e a d y a n d
h e l p t h e m
g a i n / i n c r e a s e
a c c e s s t o
i n t e r n a t i o n a l
e x p o r t m a r k e t s ”
$2M
f u n d i n g
OPEN TO
“ EMER GIN G
EXPORTER”
SMEs B A SED IN
ON TA R IO W ITH
A N N U A L SA LES
$ 1 - 2 0 M

Do you want to assess your eligibility for any of these
government funds?
Contact Us For a complimentary, no-obligation consultation:
416-368-9341
RDPGrantsTeam@rdpassociates.com

Explore Canadian Government Grants for Your Business

Recomendados

Recomendados

Más contenido relacionado

Similar a Explore Canadian Government Grants for Your Business

Similar a Explore Canadian Government Grants for Your Business (20)

Último

Último (20)

Explore Canadian Government Grants for Your Business