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Innovation, Science and Economic Development Canada (ISED)
Innovative Solutions Canada (ISC) – Challenge Stream
Amount
Up to $1M
Phase 1 up to $150K
Deadline
Date not announced
Can you get this?
✓Must operate as a for-profit entity
✓Must be incorporated in Canada
✓499 or fewer full-time equivalent employees
✓Must conduct R&D activities within Canada
What it takes
Complete a self-assessment against the Technology Readiness Scale (TRL) to determine whether you qualify for Phase 1 (TRL 1-4) or Phase 2 (TRL 5-9).
Read each challenge carefully, as each may outline distinct completion timelines and specify varying funding amounts before applying.
For Phase 1, develop a proof of feasibility report demonstrating the scientific, technical and commercial merit of your solution.up to six months
For Phase 2, develop and test a prototype if selected, with funding received over a maximum period of 2 years.maximum period of 2 years
Worth knowing
As the innovator, you retain ownership of any IP developed during the process, and the market-ready innovation is yours to commercialize.
If your project reaches market readiness, you may also apply to the Pathway to Commercialization program, which lists your innovation for federal organizations to purchase for a 3-year period.
What else do you qualify for?
Filter nearly 3,000 opportunities by identity, stage, and region.
Select all three to see your result.
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