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Financing for innovation

Are you looking to finance your business' ability to innovate? If you are involved in taking products and services from the research and development stage all the way to the commercialization process, there are a number of government programs set up to help finance innovative Canadian businesses. Find out if you qualify.

• Alberta Innovates r&D Associates
  
  http://www.canadabusiness.ca/eng/summary/2832/
  Applies to: Alberta
  You could get financial help with hiring a Master's or PhD graduate to conduct research and related activities for your business.
• Alberta Scientific Research and Experimental Development Tax Credit Program
  
  http://www.canadabusiness.ca/eng/summary/4728/
  Applies to: Alberta
  Your corporation may be able to receive a tax credit for scientific research and experimental development expenditures incurred in Alberta.
• Agricultural Adaptation Council
  
  http://www.adaptcouncil.org/index.php
  Learn about financial resources to help your agricultural business stay competitive.
• Agriculture Development Fund
  
  http://www.canadabusiness.ca/eng/summary/2257/
  Applies to: Saskatchewan
  Access funding to undertake agricultural food research and development.
• Agriculture Financial Services Corporation Lending
  
  http://www.canadabusiness.ca/eng/summary/2819/
  Applies to: Alberta
  Access loans and services to start or grow farm, agribusiness or other small business.
• Agri-Food Research and Development Initiative
  
  http://www.canadabusiness.ca/eng/summary/2535/
  Applies to: Manitoba
  Apply for financial support for your research and development projects in Manitoba's agriculture and agri-food industry.
• Atlantic Innovation Fund
  
  http://www.canadabusiness.ca/eng/summary/6124/
  Applies to: New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island
  If your business is in the Atlantic provinces, you could get money to develop new technology.
• AVAC Ltd.
  
  http://www.canadabusiness.ca/eng/summary/2842/
  Applies to: Alberta
  Receive financial investment for researching and developing your Alberta value-added products and/or services.
• BDC Subordinate Financing
  
  http://www.canadabusiness.ca/eng/summary/1207/
  Applies to: All of Canada
  An alternative way to finance the growth of your profitable business
• BDC Financing
  
  http://www.canadabusiness.ca/eng/summary/1049/
  Applies to: All of Canada
  You could get money to help you start or grow your business.
• BDC Venture Capital
  
  http://www.canadabusiness.ca/eng/summary/935/
  Applies to: All of Canada
  An alternate source of funding for your technology-based business.
• Business Assistance — Immigrant Investor Program
  
  http://www.canadabusiness.ca/eng/summary/2392/
  Applies to: Quebec
  If your business is in one of the eligible industries and obtains a positive recommendation from an accredited financial intermediary, you could receive funding.
• Business Development Program
  
  http://www.canadabusiness.ca/eng/summary/943/
  Applies to: New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island
  Access funds to start, expand or improve your business in Atlantic Canada.
• Business and Market Development Program
  
  http://www.canadabusiness.ca/eng/summary/4343/
  Applies to: Newfoundland and Labrador
  You could access a non-repayable grant of up to $25,000 to help you pursue innovative business ideas and new markets. You must be able to match the contribution.
• Business and Regional Growth
  
  http://www.canadabusiness.ca/eng/summary/1129/
  Applies to: Quebec
  If your business is located in Quebec, you could qualify for financing to improve performance, and to become more competitive and innovative.
• Capital Investment Incentive
  
  http://www.canadabusiness.ca/eng/summary/4217/
  Applies to: Nova Scotia
  Receive funding to help offset the cost of buying technologically-advanced machinery, clean technology, equipment, software and hardware.
• Commercialization Program
  
  http://www.canadabusiness.ca/eng/summary/3290/
  Applies to: Newfoundland and Labrador
  Get financing for commercialization of innovative, market-ready products and services, including support for technology transfer activities.
• Community Business Development Corporations Business Loans Programs — Atlantic Provinces
  
  http://www.canadabusiness.ca/eng/summary/1063/
  Applies to: New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island
  You could get up to $150,000 to start or grow a business in rural areas of Atlantic Canada or to get new technology to modernize it.
• Conservation Fund
  
  http://www.canadabusiness.ca/eng/summary/6595/
  Applies to: Ontario
  You could receive funding for new conservation programs and technology for your business.
• CYBF Newcomer Program
  
  http://www.canadabusiness.ca/eng/summary/1215/
  Applies to: All of Canada
  If you are a recent immigrant to Canada and are between the ages of 18 and 34 years old, you can apply for money to start a business.
• Development and Commercialization Fund
  
  http://www.canadabusiness.ca/eng/summary/5136/
  Applies to: Prince Edward Island
  Find out how you could receive financial support for the discovery and development project phases of your innovative PEI business.
• Economic projects support program
  
  http://www.canadabusiness.ca/eng/summary/2447/
  Applies to: Quebec
  You may be eligible to obtain financial assistance for your investment or product development project in Quebec.
• Emerging Technology Program (Northern Ontario)
  
  http://www.canadabusiness.ca/eng/summary/2804/
  Applies to: Ontario
  You may be eligible for funding to research and develop new technology if you operate an incorporated business in Northern Ontario.
• Fisheries Technology and New Opportunities Program
  
  http://www.canadabusiness.ca/eng/summary/3303/
  Applies to: Newfoundland and Labrador
  Access funding for research and development projects (for example, recovery of discards, alternative harvesting and processing technology, quality assurance).
• Fonds Bio-Innovation
  
  http://www.canadabusiness.ca/eng/summary/2855/
  Applies to: Quebec
  Do you need funding for your technological innovation development project?
• Fonds d'investissement de la culture et des communications
  
  http://www.canadabusiness.ca/eng/summary/2903/
  Applies to: Quebec
  Is your Quebec business seeking funds to create, produce and distribute cultural content?
• Going Global Innovation
  
  http://www.canadabusiness.ca/eng/summary/944/
  Applies to: All of Canada
  Funding to help you find foreign partners for research and development collaboration.
• Industrial R&D Fellowships Program
  
  http://www.canadabusiness.ca/eng/summary/6751/
  Applies to: All of Canada
  You could get help to hire a PhD graduate to work on a research project in natural sciences or engineering for your business for 2 years.
• Industrial Research Assistance Program
  
  http://www.canadabusiness.ca/eng/summary/967/
  Applies to: All of Canada
  Your small- or medium-sized business may qualify for financial assistance to develop, adopt, adapt and/or commercialize new or improved technologies.
• Information Technology Planning
  
  http://www.canadabusiness.ca/eng/summary/4780/
  Applies to: Prince Edward Island
  Your small business in PEI could receive up to $5,000 to cover a maximum of 50% of the cost of acquiring technical support.
• Innovation Enhancement Program
  
  http://www.canadabusiness.ca/eng/summary/2249/
  Applies to: Newfoundland and Labrador
  Access funding for innovative projects through industry associations, not-for-profit groups and similar organizations.
• Innovation PEI Pilot and Discovery Fund
  
  http://www.canadabusiness.ca/eng/summary/4791/
  Applies to: Prince Edward Island
  Obtain up to $25,000 to test an innovation-based idea.
• Innovation Voucher Program
  
  http://www.canadabusiness.ca/eng/summary/2465/
  Applies to: Alberta
  Apply for financial assistance to bring new technologies or knowledge-based products and services to market.
• International Science and Technology Partnerships Program
  
  http://www.canadabusiness.ca/eng/summary/4497/
  Applies to: All of Canada
  Access funding that could help you collaborate with international partners on R&D projects in science and technology.
• Junior Exploration Assistance
  
  http://www.canadabusiness.ca/eng/summary/3297/
  Applies to: Newfoundland and Labrador
  Receive a grant to conduct advanced mineral exploration and prospection.
• Northern Ontario Development Program
  
  http://www.canadabusiness.ca/eng/summary/1295/
  Applies to: Ontario
  Apply for financing to grow your business in Northern Ontario.
• Nova Scotia First Fund
  
  http://www.canadabusiness.ca/eng/summary/3806/
  Applies to: Nova Scotia
  Receive venture investment up to $3 million for your emerging technology company.
• Oil and Gas Manufacturing and Services Export Development Fund
  
  http://www.canadabusiness.ca/eng/summary/3325/
  Applies to: Newfoundland and Labrador
  Access funding for exporting, commercialization and new technologies as a supplier to the oil and gas industry.
• Ontario Business Research Institute Tax Credit
  
  http://www.canadabusiness.ca/eng/summary/2875/
  Applies to: Ontario
  You could be eligible for a refundable tax credit for scientific research and experimental development in Ontario.
• Ontario Centres of Excellence Commercialization Programs
  
  http://www.oce-ontario.org/Pages/Commercialization.aspx
  Get help finding bridge financing to turn your research into a marketable product or service.
• Ontario Emerging Technologies Fund
  
  http://www.canadabusiness.ca/eng/summary/5362/
  Applies to: Ontario
  Are you an Ontario-based firm in the emerging technology sector? If so, you may be able to access up to a maximum of $25 million for your business.
• Ontario Innovation Demonstration Fund
  
  http://www.canadabusiness.ca/eng/summary/2866/
  Applies to: Ontario
  You may qualify for funding to help commercialize your innovative green technologies.
• Ontario Innovation Tax Credit
  
  http://www.canadabusiness.ca/eng/summary/2873/
  Applies to: Ontario
  If you are an Ontario-based corporation, you may be able to claim a 10% tax credit for scientific research and experimental development carried out in Ontario.
• Ontario Tax Exemption for Commercialization
  
  http://www.canadabusiness.ca/eng/summary/7188/
  Applies to: Ontario
  Your start-up corporation may be eligible for a tax exemption if you sell new products developed by Canadian colleges or universities.
• Productivity and Innovation Voucher Program
  
  http://www.canadabusiness.ca/eng/summary/7261/
  Applies to: Nova Scotia
  Get free help from a Nova Scotia university or college to make your business more productive and innovative.
• Programme d'aide aux entreprises
  
  http://www.canadabusiness.ca/eng/summary/2461/
  Applies to: Quebec
  You could be eligible for a grant to help you increase the competitiveness and accelerate the growth of your business.
• Research and Development Program (Waste Diversion)
  
  http://www.canadabusiness.ca/eng/summary/3821/
  Applies to: Nova Scotia
  Receive research funding of up to $75,000 for your solid waste diversion idea.
• Saskatchewan Petroleum Research Incentive
  
  http://www.canadabusiness.ca/eng/summary/3899/
  Applies to: Saskatchewan
  You may be eligible for a grant, if your organization is in the business of conducting research in the area of new and promising technologies in the oil and gas sector.
• Scientific Research and Experimental Development — Tax Incentive Program
  
  http://www.canadabusiness.ca/eng/summary/1226/
  Applies to: All of Canada
  You can get a tax credit, if you spend money on industrial R&D in Canada.
• Small and Medium Business Financial Program — Interim Financing of Tax Credits
  
  http://www.canadabusiness.ca/eng/summary/2251/
  Applies to: Quebec
  This financial support enables you to increase your short-term liquid assets.
• Strategic Aerospace and Defence Initiative
  
  http://www.canadabusiness.ca/eng/summary/1586/
  Applies to: All of Canada
  If you are an aerospace and defence company that is incorporated in Canada, you could receive money for R&D projects in Canada.
• Strategic Support for Investment Program
  
  http://www.canadabusiness.ca/eng/summary/3534/
  Applies to: Quebec
  Obtain funding for your major investment or new product development projects.
• Tax holiday for foreign experts
  
  http://www.canadabusiness.ca/eng/summary/2290/
  Applies to: Quebec
  If you recruit foreign experts for your Quebec innovation project, you could obtain a tax holiday.
• Tax holiday for foreign researchers
  
  http://www.canadabusiness.ca/eng/summary/2561/
  Applies to: Quebec
  If your business does scientific research and experimental development, you could obtain financial assistance to recruit foreign researchers.
• Traduction NB Translation
  
  http://tnbt.ca/index.php?option=com_frontpage&Itemid=1
  Are you offering translation services or looking for a translator? Take advantage of programs and services offered to help you reach your full potential.
• Validation Certificate for Pre-Competitive Research Consortiums
  
  http://www.canadabusiness.ca/eng/summary/4713/
  Applies to: Quebec
  Do you do pre-competitive research and want to create research consortiums? If so, this tax credit can help you.
• Value-Added Manufacturing Program
  
  http://www.canadabusiness.ca/eng/summary/7323/
  Applies to: Nova Scotia
  You could receive funding of up to $300,000 for your diverted-waste innovation.