Research Funding Canada 2025

There is $12+ billion in Canadian research funding. From SR&ED tax credits to IRAP grants, find the perfect funding for your R&D projects.

$4.5M
Max SR&ED Credits
35%
Refundable Rate
20,000+
Companies Funded
$12B+
Annual Funding

Major Research Funding Programs

SR&ED Tax Credits

$4.5M annually

Get up to $4.5M annually in refundable tax credits for R&D activities

Refundable
Up to 35% refundable
Timeline
18 months to file

IRAP Funding

Up to $10M

Non-repayable contributions for innovative technology development

Refundable
Non-repayable
Timeline
Ongoing applications

SDTC CleanTech

Up to $15M

Funding for sustainable technology development and commercialization

Refundable
Conditional repayment
Timeline
3 funding rounds/year

Innovation Superclusters

Up to $40M

Large-scale innovation projects with industry collaboration

Refundable
Cost-sharing
Timeline
Annual competitions

Funding by Industry

Explore research funding opportunities tailored to your industry

Software & AI

Annual Funding:$2.1B
Companies Funded:5,200+

Biotechnology

Annual Funding:$890M
Companies Funded:1,800+

Clean Technology

Annual Funding:$1.2B
Companies Funded:2,400+

Advanced Manufacturing

Annual Funding:$750M
Companies Funded:3,100+

Aerospace & Defense

Annual Funding:$650M
Companies Funded:800+

Medical Devices

Annual Funding:$420M
Companies Funded:950+

Calculate Your Research Funding

Get instant estimates for SR&ED credits, IRAP grants, and other funding opportunities

Research Funding Guides

SR&ED Filing Guide 2025

Complete step-by-step guide to filing your SR&ED claim

IRAP Application Process

How to apply for IRAP funding and increase approval odds

Grant Writing Best Practices

Expert tips for writing winning research funding proposals

Frequently Asked Questions

What is the maximum SR&ED tax credit I can claim in 2025?

For 2025, small businesses can claim up to $4.5 million in qualified R&D expenditures annually, with a 35% refundable credit rate on the first $3 million and 15% non-refundable on amounts above.

How long does it take to receive SR&ED funding?

The CRA processes 90% of SR&ED claims within 60 days of filing. Complex claims may take longer, but most refunds are issued within 2-3 months.

Can startups apply for research funding?

Yes! Startups are eligible for multiple funding programs including SR&ED tax credits, IRAP grants, and various innovation programs. Many programs specifically target early-stage companies.

What R&D activities qualify for funding?

Qualifying activities include systematic investigation, experimentation to advance scientific knowledge, technological advancement, and activities directly supporting eligible work.

Ready to Claim Your Research Funding?

Join 20,000+ Canadian companies that have successfully claimed billions in research funding