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Invest Sault Ste. Marie

Federal Programs

Canada represents a very competitive business environment for companies to locate and access the North American marketplace. The Government of Canada offers a number of funding and grant programs to assist businesses in growth and development. Below are just some of the available programs accessible:

  • FedNor Northern Ontario Development Program - FedNor invests in projects that support community economic development, business growth and competitiveness, and innovation.
  • Collaborative Research and Development Grants - Natural Sciences and Engineering Research Council of Canada. This joint initiative aims to enable technology development between post secondary institutions and industry partners for the reduction of greenhouse gas (GHG) emissions.
  • Canadian International Innovation Program - Fosters and supports collaborative industrial research and development projects with high potential for commercialization between Canada and partner countries.
  • Strategic Aerospace and Defence Initiative - Provides repayable contributions to support research and development (R&D) projects in the aerospace, space, defence and security (A&D) sectors. SADI is available to firms of all sizes to support product, service or process innovation.
  • NSERC Partnerships Options for Companies - A suite of targeted partnership offerings that connect you to experts at Canada's universities and colleges.
  • Build in Canada Innovation Program - The BCIP aims to bridge the pre-commercialization gap by providing "First customer assistance" through a government purchasing option.
  • Industrial Research Assistance Program - To help you accelerate the growth of your business through innovation and technology.
  • Scientific Research and Experimental Development Tax Incentive Program (SR&ED) - A federal tax incentive that encourages Canadian businesses of all sizes and in all sectors to conduct R&D in Canada in order to develop new materials, devices, products, or processes, or improve existing ones. The SR&ED Program is the largest single source of federal government support for R&D.
  • Export Development Canada - EDC works with Canadian companies and their banks to help reduce the financial risks associated with selling goods or services outside of Canada. They provide insurance and financial services, bonding products and small business solutions to Canadian exporters and their U.S. or international customers. 
  • Applied Research and Development Grants - ARD grants support well-defined applied research and development projects undertaken by college researchers with their private-sector partners.
  • Engage Grants - The grant supports short term R&D projects to solve a problem specific to the company. 
  • Technology Demonstration Program - Provides non-repayable contributions in support of large-scale technology demonstration projects in the aerospace, defense, space and security sectors.
  • CanExport - The CanExport program will provide up to $50 million over five years in direct financial support to small and medium sized enterprises (SMEs) in Canada seeking to develop new export opportunities and markets, particularly in high growth priority markets and sectors.