Research and Development Funding for Business Innovation

Provincial and federal governments understand the economic value of supporting business innovation. In 2012, Statistics Canada recorded that businesses spent over $14.8 billion on research and development activities, most of which are eligible for Canadian government grants. In fact, the federal and provincial governments provided $5.98 billion and $2.03 billion respectively in research and development funding for that time period. Although R&D programs are not highly visible, assistance is available for those who know where to find it.

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Canadian Government Funding for Research and Development

To learn more about any of the small business funding grants and credits below, please click on the title of the program. If you are still determining your funding priorities, our info sheet on Comparing Funding Types will help determine the type of funding you are looking for.

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