Innovative Solutions Canada (ISC) lets federal departments hire Canadian small businesses to test new products in live government settings, through a paid contract of $150,000 to $1,000,000. Here is who qualifies and how to apply.
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Scale AI reimburses up to 40% of eligible expenses for collaborative, industry-led projects that adopt AI in value chains or commercialize AI-based products. Its project funding is on pause until further notice.
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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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NRC IRAP provides non-repayable contributions to Canadian tech SMEs for innovation projects, covering eligible salaries of technical staff. Intake is continuous, with up to $500,000 for established IRAP clients.
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SR&ED is a federal tax credit that returns up to 35% of eligible R&D expenditures as cash to CCPCs. Budget 2025 doubled the expenditure limit to $6M, raising the maximum annual refund to $2.1M.
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