Innovative Solutions Canada has officially launched. The new $100 million procurement program is setting out to foster partnerships between the Government of Canada and small business innovators.
This new program gives small businesses an opportunity to support cutting-edge research and the development of technology and products that will help solve challenges issued by the Government of Canada.
Review current challenges below and propose your solution.
PHASE 1 | If your solution is selected, you could receive up to $150,000 (up to 6 months) in funding toward developing your solutions as a proof of concept.
PHASE 2 | With a successful concept, you would then be eligible to receive up to $1 million (up to 2 years) in funding to support prototype development.
PHASE 3 | Now you have a working prototype, your small business is on the pathway to commercialization of the product and the federal government could be your first buyer.
New challenges will be posted regularly. To make sure you are advised of opportunities, subscribe to the program's mailing list.