Innovative Solutions Canada – Challenge Stream
By ISED – Innovation, Science and Economic Development Canada
Canada
Updated 21 August 2026
Funding Amount
CAD 150,000 – 2,000,000
About This Opportunity
Funding to solve specific Government of Canada technology challenges: proof of feasibility, prototype development and testing of innovative solutions. Innovators retain ownership of IP developed.
Eligibility Criteria
Canadian incorporated for-profit SMEs with 499 or fewer FTE employees that conduct R&D in Canada and meet the program's wage/location requirements. Each challenge has its own technical requirements and deadline. Funding opportunities open and close individually.
Prepare to apply
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Step 1
Funding requirementsWork out how much you need to raise and how long it lasts.
Step 2
Cash-flow forecastShow how the award would sit against income and costs.
Step 3
Market sizeEstimate TAM, SAM, and SOM if the call asks for market evidence.
Step 4
Business readinessCheck gaps before you spend time on a full application.
Step 5
Carbon and impactCapture environmental figures where the programme requires them.
Step 6
Find partnersBrowse the company directory if the call needs collaborators.
Step 7
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At a glance
- Status
- Closed
- Timeline
- Closed: 4 Jul 2024
- Country
- Canada
- Amount
- CAD 150,000 – 2,000,000
- Applications
- 0
- Official site
- ised-isde.canada.ca
Contact
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