By challengeGovernment contract · Innovation, Science and Economic Development Canada
Innovative Solutions Canada
Government R&D contracts, $150K up to $2M
Federal departments post challenges and fund small businesses to develop and test solutions, often becoming the first customer.
How the money works
- Phase 1
- Up to ~$150,000 for proof of concept
- Phase 2
- Up to ~$2M for a working prototype
Who may be eligible
- For-profit Canadian business
- 499 or fewer full-time employees
Meeting these criteria does not guarantee funding. Innovation, Science and Economic Development Canada decides eligibility and approval for each application.
Details last checked October 22, 2026. Amounts and intake dates change; we confirm them with the program before you apply. Official program page.