Funding News & Blog
Funding News
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Regional Tariff Response Initiative (RTRI): Funding to Help Businesses in the Prairie Provinces Respond to Tariff Impacts
The Regional Tariff Response Initiative (RTRI), administered by Prairies Economic Development Canada (PrairiesCan), provides funding to help businesses and organizations in Alberta, Saskatchewan, and Manitoba respond to the impacts of tariffs and ongoing trade disruptions.
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Regional Tariff Response Initiative in Quebec
In Quebec, the Canada Economic Development for Quebec Regions (CED) delivers the RTRI, providing funding to help tariff-impacted businesses manage financial pressures, strengthen competitiveness, diversify markets, and build greater resilience.
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Regional Tariff Response Initiative in Southern Ontario: Funding to Help Businesses Respond to Tariff Impacts
In Southern Ontario, RTRI is delivered by FedDev Ontario and provides support to both for-profit businesses and eligible not-for-profit organizations, although the eligibility requirements, funding structures, and eligible activities differ between the two.
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Regional Tariff Response Initiative in Nunavut, the Northwest Territories and the Yukon
For businesses in Nunavut, the Northwest Territories, and Yukon, support is available through liquidity assistance and pivot project funding.
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NRC IRAP Clean Technology: $100,000 to $500,000 for cleantech SMEs
NRC IRAP's Clean Technology stream, formerly SDTC, offers non-repayable contributions of $100,000 to $500,000 to Canadian SMEs developing, demonstrating and commercializing new clean technologies.
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IRAP Youth Employment Initiative: Wage Subsidies for STEM Graduates
The IRAP Youth Employment Initiative subsidizes 50-80% of wages for up to 12 months when Canadian tech SMEs hire recent STEM graduates aged 30 or under into innovation roles. Intake is continuous.
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RAII Pillar 2: FedDev Ontario loans for AI adoption up to $5,000,000
FedDev Ontario's RAII Pillar 2 helps Southern Ontario SMEs adopt and integrate AI, with interest-free loans for for-profit firms. The current intake is closed.
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Mitacs Accelerate: Up to $20,000 per Unit for Applied R&D Interns
Mitacs Accelerate pairs Canadian organizations with graduate students, postdocs and academic researchers for applied R&D, matching a partner contribution of $7,500 for a $15,000 research award per internship unit.
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OIDMTC: Ontario’s 40% and 35% refundable credit for digital media
The Ontario Interactive Digital Media Tax Credit is a refundable credit of 40% or 35% on eligible Ontario labour, and on capped marketing and distribution costs for your own products.
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Ontario Job Grant (OJG): Up to $15,000 per Trainee for Training
The Ontario Job Grant covers eligible third-party training costs up to $10,000 per trainee for existing employees, or up to $15,000 for newly hired previously-unemployed workers. Applications are accepted year-round.
