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Innovation Programs

Below is a comprehensive list of R&D and Innovation programs offered by various levels of government, not-for-profits, and other delivery agencies. Tax credits, grants, and cost sharing may be available for your companies research and development, innovation, and export needs.

Browse the Programs

Southern Ontario Fund for Investment in Innovation (SOFII)

The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) has launched a new $20-million program through its Prosperity Initiative. This program will support high-growth, innovative Small and Medium-sized Enterprises (SMEs) in rural and urban communities by offering loans of usually $150,000 to $500,000 to support all aspects of growth challenges facing them. The loans are intended to help finance:

  • Late stage commercialization;
  • New product or service development;
  • New applications or markets; or
  • Development or implementation of new processes or technologies.

The SOFII loan funds will act as a catalyst for increased investment in and support for innovation and will be one element in the emerging climate of support for these high-growth companies in Southern Ontario.