Innovation & R&D Business Grants
Innovation and R&D grants support businesses developing new products, services, and processes. From early-stage prototyping to advanced technology development, there are funding programmes to accelerate your innovation journey.
Product & Technology Development
Grants are available for developing new products, improving existing ones, and adopting emerging technologies. These programmes often fund proof-of-concept work, prototyping, and pilot projects.
Collaborative Research
Many R&D grants encourage partnerships between businesses and universities or research institutions. Collaborative projects can access larger funding pools and specialist expertise.
Commercialisation Support
Moving from research to market-ready products requires investment. Commercialisation grants help bridge the gap between lab and launch, funding trials, regulatory compliance, and market testing.
Canadian Innovation & R&D Grants
35 grants found
GreenSTEM
A pan-Alberta pilot to provide funding and support for technology company creation and high-tech entrepreneurial development.
Regional Innovation Centres
Programming and services are available through Regional Innovation Centres
Targeted Mineral Exploration Incentive
The Targeted Mineral Exploration Incentive offers mineral exploration companies financial assistance to undertake drilling in an area of high potential for base metals, precious metals and diamonds.
Saskatchewan Petroleum Innovation Incentive (SPII)
The Saskatchewan Petroleum Innovation Incentive offers transferable royalty/freehold production tax credits for qualified innovation commercialization projects at a rate of 25% of eligible program costs.
Saskatchewan Mineral Exploration Tax Credit
The Saskatchewan Mineral Exploration Tax Credit (SMETC) offers a non-refundable 30% tax credit to Saskatchewan taxpayers who invest in eligible flow-through shares (FTS) issued by mining or exploration companies.
Saskatchewan Critical Minerals Innovation Incentive (SCMII)
The SCMII offers transferrable Crown royalty/freehold production tax credits for qualified innovation commercialization projects at a rate of 25 per cent of eligible projects costs.
Saskatchewan Commercial Innovation Incentive (SCII)
The Saskatchewan Commercial Innovation Incentive (SCII) offers eligible corporations a reduction of the provincial Corporate Income Tax Rate (CIT) to six per cent for 10 or 15 years.
Research and Development Tax Credit
Learn more about the Saskatchewan Research and Development Tax Credit.
Product Development Program
The Product Development Program provides funding for prototype and product development services to food, beverage and other agri-processing value-added companies.
Oil and Gas Processing Investment Incentive (OGPII)
The Oil and Gas Processing Investment Incentive offers transferable royalty/freehold production tax credits for qualified greenfield or brownfield value-added projects at a rate of 15% eligible program costs.
Critical Minerals Processing Investment Incentive (CMPII)
The CMPII offers transferrable Crown royalty/freehold production tax credits for qualified greenfield or brownfield value-added processing projects at a rate of 15 per cent of eligible program costs.
Manitoba Research and Development Tax Credit
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Frequently Asked Questions
Common questions about innovation & r&d grants