Innovative Solutions Canada (ISC)
Innovative Solutions Canada funds Canadian small businesses to develop solutions to challenges posted by federal departments, which then act as first customers.
Written and reviewed by
Chase Miller, Chief Business Development Officer and Co-Founder
Chase Miller is Chief Business Development Officer and Co-Founder of Impact Applications, a Calgary grant consultancy that works with businesses across Canada on federal and provincial grants, tax credits and interest-free loans, and manages the whole process from first assessment through claims and reporting. He runs the first assessment on client engagements, deciding which programs a business should pursue and in what order, and has worked on Canadian government funding since co-founding the firm in 2023. LinkedIn
Program facts checked against the official source:
- average funding secured per client
- $334,132 average funding secured per client
- approval rate
- 94% approval rate
About this program
Innovative Solutions Canada funds Canadian small businesses to develop solutions to challenges posted by federal departments, which then act as first customers. It runs as a series of time-limited challenges rather than an open intake, so the useful question is not whether the program exists but whether a challenge is open right now. At the time of checking, ISED listed no open funding opportunity and said new opportunities were coming.
Who is eligible
Canadian small businesses responding to a published government challenge. Opportunities open and close individually rather than continuously.
Verified against the official source
A person checked this program against the administering body's own page on that date. Programs change between checks, so confirm eligibility, amounts and deadlines before you apply. How dates like this are earned: our verification methodology.
Official program page