The Government of Canada has officially released its ‘short list’ of innovation consortiums to potentially receive funding through the Innovation Superclusters Initiative (ISI). Currently, nine research and innovation partnerships have been announced and will move onto the second stage of funding applications. Up to five of these groups will access Canadian government funding through the…
The Strategic Innovation Fund (SIF) is a Canadian government funding program that provides support for technology development and productivity-boosting projects. It promotes large-scale investments in Canada, while also encouraging technology transfer and development/commercialization of disruptive products and services. The Strategic Innovation Fund reduces eligible project costs by up to 50%; this helps businesses improve productivity…
The Government of Canada has awarded $11.5 million in Canadian government grants to support 6 manufacturers to accelerate the development of new automotive technologies. The investment will help each Ontario automotive supplier develop innovative technologies to be used in hybrid and electric vehicles. Each project will help address climate change concerns by creating technologies that…
The Atlantic Canada Opportunities Agency (ACOA)’s Atlantic Innovation Fund (AIF) provides Canadian government grants to support innovative research and development projects. Canadian small business grants can be used to support industry- or non-profit-led research and development (R&D) collaborations with post-secondary institutions and research institutions. Ideal projects should focus on the development and adaptation of commercially-viable…
The financial technology (fintech) sector is a growing component within Canada’s knowledge-based industries and focuses on the development of innovations and technologies for the financial services industry. By 2018, it is expected financial institutions will spend over $14 billion annually on fintech to solve internal technical challenges. Businesses like Secure Key, Phoenix, and eSentire are…
In 2017, the federal government committed over $2.2 billion to support clean technology initiatives across Canada. Small business funding will help accelerate cleantech research, development, demonstration and adoption projects that encourage growth and expansion. Recently, the government announced it would be supporting businesses through the Atlantic Canada Opportunities Agency (AOCA)’s Clean Technology Initiative. AOCA’s Clean…
Zenyatta Ventures Inc. has been awarded up to $100,000 in research and development funding to collaborate with Lakehead University. Ontario small business funding will support the enhancement of environmental and energy applications using the company’s advanced nano-material technologies. The investment will be provided through Ontario Centre of Excellence’s OCE Voucher for Innovation and Productivity II…
In July 2017, the Canada Media Fund announced it would be investing up to $14.5 million in government funding to support a range of interactive digital media projects. The investment will be divided amongst 32 innovative projects that will increase Canadians’ access to indigenous media content. Canadian government funding will support a variety of digital…
Alberta’s oil sands are critically important to the provincial economy, both in terms of employment and overall economic output. Despite this immense economic benefit, oil sands are Canada’s fastest growing source of greenhouse gas (GHG) emissions, and sustainable technologies are needed for the industry to survive mounting environmental pressures. Fortunately, innovative products and processes can…
The Government of Canada recently announced it would be investing a combined total of $5.5M to support two innovative technology development projects. The investment will support research activities for improve drone technologies in Newfoundland and Labrador. The contribution will be provided through the Atlantic Innovation Fund (AIF), which supports industry-led research and development collaboration projects….