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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
Rolling
Odds
Not published
Effort
1–3 hours
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
✓50%+ of wages allocated to Canada-based workers
Your real odds
Competitiveness varies by challenge because each competition runs separately with its own applicant pool.
No single acceptance rate is published, and you are competing against other SMBs responding to the same specific problem statement, so niche or technical challenges tend to draw fewer applicants.
What it takes
Find an open challenge that matches your expertise on the ISC site1–3 hours
Complete a Technology Readiness Level (TRL) self-assessment to determine Phase 1 or Phase 2 entry1–2 hours
Prepare and submit your application for the specific challenge1–3 weeks
Worth knowing
If you complete Phase 2 successfully, you can enter the Pathway to Commercialization program, which lists your innovation as purchasable by federal organizations for up to three years, giving you a real government customer rather than another grant.
What else do you qualify for?
Filter 1,700+ opportunities by identity, stage, and region.
Select all three to see your result.
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