General information
Name of transfer payment program |
Innovative Solutions Canada (voted) |
End date* |
March 31, 2019 |
Type of transfer payment |
Grant |
Type of appropriation |
Estimates |
Link to department’s Program Inventory |
Energy Innovation Program |
Main objective |
- Fuel the development and adoption of technological innovation in Canada.
- Grow Canadian companies through direct funding to support early stage, pre-commercial research and development, late stage prototypes, and to accelerate commercialization.
- Encourage procurement from companies led by under-represented groups, such as women, Indigenous, youth, disabled individuals, LGBTQ+ and others.
- Foster greater industry-research collaboration through the release of challenges for solutions that address key Government of Canada priorities.
- Provide federal departments and agencies with opportunities to develop new capabilities to meet their research and development needs and thereby advance government priorities.
|
Planned spending in 2018-19 |
$300,000 |
Fiscal year of last completed evaluation |
Not applicable, new program |
Fiscal year of planned completion of next evaluation (if applicable) |
Not aware of a planned evaluation, new program. |
General targeted recipient groups |
For profit Canadian small businesses which are incorporated in Canada, with R&D activities. |
*This date relates to the expiry date of the program policy authority which may be different from the actual funding end date.
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