INVEST North Program — Innovation Stream

Overview

Get a contribution of up to $2 million to cover up to 50% of the costs of an innovative technology project that involves applied R&D, demonstration and commercialization.

At a glance

Eligibility and requirements

Money Applied Research and Development only project: Maximum: $500,000 Applied R&D and Demonstration & Commercialization combined: Maximum: $2 million Demonstration & Commercialization only projects: Maximum: $2 million Funding limits Maximum: 50% of total eligible costs Stacking: Combined Federal and Provincial government funding may not exceed 75% of eligible project costs Your project Includes the development or implementation of ideas to produce new or improved strategies, capabilities, products, services, or processes Strong focus on ensuring to satisfy a market need or desire

How Mona Studio helps business owners use this program

INVEST North Program — Innovation Stream is one of many Canadian funding options listed in our grant finder. Mona Studio helps research, technology teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.

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