📋 Tender Overview
The Government of Canada invites SMEs to propose innovations that address specific government challenges. Successful applicants may receive up to 150000 to develop a proof of feasibility. If accepted into Phase 2 SMEs could receive up to 1 million to develop a working prototype. By funding the development of innovations the Government helps SMEs accelerate their journey to market and create good middle-class jobs across Canada.Innovative Solutions Canada is a key component of the governments Innovation and Skills Plan a multi-year plan to make Canada a global innovation leader and prepare Canadians to succeed in tomorrows economy.Minister of Innovation Science and Industry The Honourable Navdeep Bains said Our government is using its purchasing power to help small businesses innovate and become more competitive. Through Innovative Solutions Canada were accessing quality innovative products that help solve some of our most pressing challenges while businesses are growing and creating good jobs.Minister of Small Business Export Promotion and International Trade The Honourable Mary Ng said This is a small businessfriendly government that is working hard to reduce red tape and make it easier for Canadian small business owners to start up scale up and access new markets. Innovative Solutions Canada is a fantastic program that uses government procurement to help small businesses develop and then commercialize their innovations. These are worthy new challenges and I cant wait to see the ideas from Canadian small businesses. When small businesses in communities across the country succeed our economy grows and middle-class jobs are created.Innovative Solutions Canada helps Canadian innovators by funding RD and testing prototypes in real-life settings. Its two streams have a combined funding of over 140 million dedicated to Canadian innovators who want to start up grow and get to market.There are hundreds of programs and services that offer everything from funding to expert advice to help businesses innovate create jobs and grow Canadas economy. Using a simple story-based user interface the Innovation Canada platform can match businesses with the most fitting programs and services in about two minutes.
