
Business Expansion Grants and Contributions
Unlock Grants. Boost Innovation
Canada’s innovation and growth landscape is supported by a comprehensive suite of federal and provincial grants, contributions, and tax incentives, strategically designed to accelerate sustainable business growth, fund R&D breakthroughs, and drive market diversification. Below, we provide a structured overview of high-impact programs, detailing their objectives, eligibility criteria, and strategic applications to empower organizations in aligning funding opportunities with long-term growth priorities.
At IFAS, we specialize in translating complex funding frameworks into actionable roadmaps, enabling clients to:
-
Maximize program benefits through eligibility optimization and compliance assurance
-
Leverage incentives to de-risk R&D investments and scale operations competitively
-
Align funding strategies with ESG goals and stakeholder expectations
Our methodology combines regulatory expertise, financial modeling, and cross-sector insights to deliver tailored solutions that balance innovation ambition with fiscal discipline and risk mitigation.
Core Programs for Business Expansion
- Eligible Activities: Commercializing clean tech, reducing waste, or improving supply chain sustainability.
- Funding: Up to 50% of project costs (max $250,000).
- Example: A poultry producer secured $200,000 to implement energy-efficient feed systems, cutting carbon emissions by 30%.
- Eligible Activities: R&D, prototyping, and market testing of accessibility tech.
- Funding: Up to 75% of costs (max $500,000).
- Example: A startup created a voice-controlled wheelchair interface with $300,000 ATP funding.
- Eligible Activities: Precision farming tools, automation, or IoT-based crop monitoring.
- Funding: 35–50% cost-share (max $150,000).
- Example: A vineyard used $100,000 to deploy AI-driven irrigation, boosting yields by 25%.
- Eligible Activities: Commercializing carbon capture, hydrogen tech, or circular economy innovations.
- Funding: Up to 40% of project costs (max $10M).
- Example: A cleantech firm received $5M to pilot a plastic-to-fuel conversion system.
- Eligible Activities: Experimental development, prototyping, or process innovation.
- Funding: 15–35% refundable credits (CCPCs: 35% on first $3M).
- Example: A software company claimed $500,000 in SR&ED credits for AI algorithm development.
- Eligible Activities: Hardware/software R&D, talent development.
- Funding: Up to $1M per project.
- Example: A quantum startup secured $800,000 to build encryption-resistant communication systems.
- Eligible Activities: Prototyping, market entry, or hiring technical staff.
- Funding: Up to 80% of costs (max $1M+).
- Example: A biotech firm used $600,000 to fast-track FDA approval for a medical device.
- Eligible Activities: Retrofits, renewable energy adoption, or waste reduction.
- Funding: 25–75% of costs (max $5M).
- Example: A factory cut emissions by 40% with $2M LCEF funding for solar panels.
- Eligible Activities: Drug development, medical devices, or digital health tools.
- Funding: Up to 50% of R&D costs (max $2M).
- Example: A medtech company developed a portable dialysis machine with $1.2M in funding.
- Eligible Activities: Energy-efficient systems, automation, or vertical farming tech.
- Funding: Up to 50% of costs (max $200,000).
- Example: A lettuce producer automated climate control with $150,000 GTN support, cutting energy use by 35%.
- Risk Reduction: Non-repayable funding lowers financial exposure.
- Speed to Market: Accelerate R&D and commercialization timelines.
- Sustainability Alignment: Meet ESG goals while accessing capital.
- Canadian incorporation.
- Clear project scope (innovation, sustainability, or market expansion).
- Demonstrated financial capacity to cover non-funded costs.
- Compliance with labor/environmental standards (e.g., prevailing wages).
-
Program Focus Max Funding Best For NRC IRAP SD Tech Fund Quantum Leap Life Sciences Fund Tech commercialization Clean tech scale-up Quantum technologies Healthcare innovation $1M+ $10M $1M $2M SMEs in tech/biotech Cleantech innovators Advanced computing firms Biotech/medtech companies