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Innovation Funding Roadmap

Innovation needs the right fuel. This guide connects startups and SMEs with the programs, tools, and funding required to succeed. Whether you are validating an idea or scaling globally, these resources are designed to help you commercialize and grow.

IDEATION

You are validating an idea and may not have a product, customers, or revenue yet. Most businesses at this stage are not ready for traditional funding.

COMMERCIALIZATION

You have a validated MVP and are beginning to gain customers or revenue, making you ready to explore early-stage grants, loans, and startup financing options.

EXPANSION

You have a validated MVP and are beginning to gain customers or revenue, making you ready to explore early-stage grants, loans, and startup financing options.

Current Funding Landscape

The Government of Canada is placing increased focus on strengthening domestic innovation and economic resilience. Recent initiatives, including the Defence Industrial Strategy Fund (February 2026), highlight priorities such as, defence and dual-use technologies, supporting SMEs within defence supply chains, and re-shoring supply chains to counter tariffs.