Innovative Solutions Canada — Challenge Stream

About this program

The Innovative Solutions Canada Challenge Stream funds Canadian SMEs (499 or fewer FTE employees, incorporated in Canada, for-profit) to develop innovative solutions, products, technologies, or services that address federal departmental operational or mandate needs. Phase 1 funds proof-of-feasibility projects (TRL 1–4) and Phase 2 funds prototype development (TRL 5–9), with funding delivered via contracts or grants depending on the nature of the challenge. Successful innovators may also be invited to pursue commercialization through the Pathway to Commercialization feature.

What this program funds

Innovative Solutions Canada — Challenge Stream funds Canadian small and medium-sized enterprises to develop innovative solutions addressing federal departmental operational or mandate needs. The program is run by Innovative Solutions Canada (ISED), a federal government funder.

Eligible applicants are for-profit corporations incorporated in Canada with 499 or fewer full-time equivalent employees. The program accepts applications on a rolling basis.

Funding is delivered through two phases. Phase 1 supports proof-of-feasibility projects at technology readiness levels 1 through 4. Phase 2 supports prototype development at technology readiness levels 5 through 9. Funding takes the form of contracts or grants depending on the nature of the specific challenge. Successful innovators may be invited to pursue commercialization through the Pathway to Commercialization feature.

Written by AI from this listing's own details, with no facts added. How we use AI. Always confirm the details on the funder's official page before applying.