Innovation, Science and Economic Development Canada (ISED) Funding Guide for Business Owners
This guide for business owners covers current Innovation, Science and Economic Development Canada funding programs, including grants, contributions, and other types of financing for entrepreneurs.
This is our dedicated “hub” page for Innovation, Science and Economic Development Canada funding programs. We’ll continuously update this page to reflect changes in programs – so bookmark this page and check back often for updates!
Innovation, Science and Economic Development Canada Mandate
Innovation, Science and Economic Development Canada (ISED) helps Canadian businesses grow, innovate and expand so they can create good-quality jobs and wealth for Canadians. It also supports science research and the integration of scientific considerations into investment and policy choices. The Department helps small businesses grow through trade and innovation and promotes increased tourism in Canada. The Department also works to position Canada as a global centre for innovation where investments support clean and inclusive growth, the middle class prospers through more job opportunities and companies become global leaders.
ISED’s efforts focus on improving conditions for investment, supporting science, helping small and medium-sized businesses grow, building capacity for clean and sustainable technologies and processes, increasing Canada’s share of global trade, promoting tourism, and building an efficient and competitive marketplace.
Innovation, Science and Economic Development Canada Priorities
As a driving priority for 2022‒23, ISED will focus on contributing its substantial expertise, authorities and resources toward whole-of-government efforts to finish the fight against COVID-19 and position Canada back on the path of economic growth, prosperity and competitiveness for all Canadians.
The Department’s priorities include:
You can learn about ISED’s priorities by reading its 2022-2023 Departmental Plan.
Types of Funding Innovation, Science and Economic Development Canada Offers
Innovation, Science and Economic Development Canada offers grants, contributions, loans, and more.
Innovation, Science and Economic Development Canada Funding Programs
Below are links to ISED’s specific programs:
- Grow Your Business Online
- Boost Your Business Technology –Applicants with an approved grant may also apply for a BDC interest-free loan.
- Business Innovation and Growth (Streams 1–3)
- Collaborations and Networks (Streams 4 & 5)
The Accelerated Growth Service (AGS) helps entrepreneurs and businesses access the support they need to grow and scale. The Advisory Service helps businesses find the resources they need to grow, and the Growth Service helps high-growth businesses access the support they need to scale.
Innovation, Science and Economic Development Canada Contact
Innovation, Science and Economic Development Canada
C.D. Howe Building
235 Queen Street
Ottawa, Ontario K1A 0H5
Telephone (toll-free in Canada): 1-800-328-6189
Telephone (Ottawa): 613-954-5031
Fax: 343-291-1913
TTY (for hearing-impaired): 1-866-694-8389
Business hours: 8:30 a.m. to 5:00 p.m. (Eastern Time)
Online Contact Form
Click here for a complete list of Innovation, Science and Economic Development Canada contact details.
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