Grant Federal

Innovative Solutions Canada

Innovation, Science and Economic Development Canada · Prince Edward Island

Funding amount
Challenge-based funding; amounts vary by call and stream
Application difficulty
High
Typical timeline
Depends on challenge or testing call
How to apply
Online Portal
📋 About this program
Federal innovation funding that helps eligible Canadian small businesses develop, test, and validate prototypes. The program uses challenge and testing streams, so support depends on open calls and fit with federal needs.
Who qualifies
Eligible sectors
TechnologyManufacturingHealthcareFood Beverage
Business stage
StartupGrowingEstablished
Eligible uses
Research Development
Employees: Up to 499
🚀 How to apply
  1. Check your eligibility — Review the requirements above, or use FundNavigator's free AI matcher to confirm this program is a fit for your business before spending time on the application.
  2. Prepare your documents — Common requirements include: innovation proposal, technical description, team and company information, budget, milestones.
  3. Submit your applicationApply at the official portal →
💡 Tips & notes
Good fit for highly innovative SMEs rather than traditional main-street businesses.