Funding Programs and Incentives in Canada
Funding Opportunities for Businesses
Applicable Across Sectors
Scientific Research and Experimental Development (SR&ED)
The Scientific Research and Experimental Development (SR&ED) program gives claimants benefits in the form of a refundable investment tax credit, a reduction of taxes payable, or both for their expenditures on eligible research and development (R&D) work done in Canada. The SR&ED Program gives claimants cash refunds and / or tax credits for their expenditures on eligible R&D work done in Canada.
Advanced Manufacturing Fund (AMF)
The Advanced Manufacturing Fund (AMF) promotes continued growth of Ontario's advanced manufacturing sector by supporting efforts to develop cutting-edge technologies and large-scale activities that will improve processes and increase productivity, establish clusters or global supply chains and collaborate with private sector, and research and post-secondary institutions.
Industrial Research Assistance Program (IRAP)
The Industrial Research Assistance Program (IRAP) program assists firms to develop, adopt and adapt technologies and incorporate them into competitive products and services to be commercialized in the global marketplace. IRAP provides advisory services and funding to help SMEs undertake innovation projects.
Export Development Canada (EDC)
Export Development Canada (EDC) provides flexible inbound foreign direct investment financing programs to support greenfield and brownfield direct investments in Canada. In addition to providing financing support for an investor’s initial investment in Canada, EDC also offers highly flexible support to foreign direct investors once they are operating and exporting from Canada through loans, guarantees and lines of credit.
Business Development Bank of Canada (BDC)
Business Development Bank of Canada (BDC) offers financing solutions for foreign direct investors specifically tailored to protect cash flow and promote growth. BDC provides financing terms between 4 and 30 years to support investments in land and buildings, equipment or working capital. BDC is also a leader in subordinate financing to help finance fast-growing companies.
Other Funding Opportunities
Your Guide to Innovation: The place where Canadian enterprises can find information and guidance to access programs and resources in support of business innovation.
List of Funding Opportunities
There is a wide range of government programs designed to help Canadian companies like yours export and grow. Check the EDC website to find out if there's a program your business qualifies for and can benefit from.
Funding Programs to Attract Foreign Direct Investment into Canada
Funding program for Canadian communities aiming at attracting, retaining and expanding foreign direct investment.
Funding program for Canadian regional organizations and non-profit organizations seeking to promote local Foreign Trade Zone-type benefits linked to strategic locations across Canada.