Innovative Solutions Canada — Testing stream
Highlights
This program is designed for businesses like yours that are ready to test innovative products or services in real-life settings. By participating, you can receive valuable feedback from government partners before launching your innovation into the marketplace. This feedback can help you refine your product, making it more competitive and market-ready.
Why Apply?
- Funding Opportunities: Access to funding to test your innovation.
- Real-World Testing: Your product will be tested in an operational environment, providing practical insights.
- Government Partnerships: Leverage partnerships with federal organizations for testing and feedback.
What’s in it for You?
- Enhanced Credibility: Government-backed testing can boost your product’s credibility.
- Market Readiness: Improve your product based on real-world feedback.
- Potential for Future Contracts: Successful testing could lead to further opportunities with government agencies.
Qualifying for this program is straightforward if your innovation is ready for testing and meets the eligibility requirements. This is a unique chance to advance your business with the support of government resources.
Financing Details
Type of Financing: Grant
Repayment Terms:
- No repayment required.
- No interest rates apply.
Eligible Expenses:
- Costs associated with the development and testing of pre-commercial goods and services.
- Expenses for materials, supplies, and equipment necessary for testing.
- Salaries and wages for staff involved in the testing process.
- Costs for obtaining required certifications and approvals.
Ineligible Expenses:
- General operational costs not directly related to the testing of the innovation.
- Marketing and promotional expenses.
- Costs incurred before the grant approval date.
- Any expenses not explicitly related to the testing phase.
Fees:
- No application or participation fees.
Qualifications
- Must be a private company, public company, not-for-profit organization, university, or individual.
- Innovation must be ready to test in an operational environment.
- Must be able to manufacture and deploy the innovation quickly.
Must have all required certifications and approvals to safely test the innovation.
Disqualifications:
- Innovation not ready for testing in an operational environment.
Description
This program allows your business to test your pre-commercial goods and services in a real-life setting. By partnering with government agencies, you can get valuable feedback before launching your innovation into the market.
You can receive funding to cover the costs of testing your innovation. This funding can be used for manufacturing, deployment, and obtaining necessary certifications and approvals. The amount of funding depends on the interest from potential testing partners and the readiness of your innovation.
No repayment is required for the funding received through this program. This means you can focus on improving your product without worrying about financial burden. This is a great opportunity to refine your innovation and increase its chances of success in the marketplace.
Program Steps
Sign Up for Notifications:
- Subscribe to the program's email updates or follow on LinkedIn to receive notifications about the next launch.
Prepare Documentation:
- Gather the following documents:
- Detailed business plan
- Financial statements
- Technical descriptions of your innovation
- Certifications and approvals required for testing
- Quantifiable data and scientific evidence supporting your innovation
- Gather the following documents:
Complete the Application Form:
- Fill out all fields in the application form, including optional ones.
- Provide clear and detailed answers with technical descriptions, quantifiable data, and scientific evidence.
- Use the entire word count where applicable.
Proofread Your Application:
- Review your answers thoroughly.
- Ask someone else to re-read your answers to ensure clarity and completeness.
Submit the Application:
- Submit your completed application form before the deadline.
- Ensure you receive a confirmation that your application has been received.
Wait for Evaluation:
- The program will evaluate your proposal in collaboration with Public Services and Procurement Canada (PSPC) and the National Research Council (NRC).
- Be patient as evaluation timelines may vary based on the number of applications received.
Respond to Follow-Up Requests:
- If additional information or documentation is requested during the evaluation process, provide it promptly.
Await Notification:
- If your innovation passes the evaluation and is eligible for testing, you will receive communication from the program.
- Wait to be contacted by a program advisor for the next steps.
