Technology and AI programs for businesses and corporations
We track 23 technology and ai programs for businesses and corporations that are open or ongoing right now (18 federal, 5 Ontario), plus 12 that take applications in intake windows. 10 of the open or ongoing programs publish a figure of $100K or more. They are ranked below by our 0 to 100 score, which weighs how much a program pays against how hard it is to win; last checked Nov 4, 2026.
Ranked programs
35 open, ongoing or intake-based programs, best score first.
Scientific Research and Experimental Development (SR&ED) Tax Incentive
Canada Revenue Agency
Tax deduction plus investment tax credit for businesses conducting eligible R&D in Canada. Most CCPCs earn an enhanced, refundable 35% ITC up to an expenditure limit...
OngoingFederalOther incentivesLimit $6M56Top pickOntario Innovation Tax Credit (OITC)
Ontario Ministry of Finance / Canada Revenue Agency
Refundable credit on qualifying scientific research and experimental development (SR&ED) expenditures performed in Ontario by eligible corporations. Helps smaller...
OngoingOntarioOther incentivesLimit $240K45StrongMitacs Accelerate
Mitacs
Matches partner contributions to fund research internships connecting businesses and organizations with university researchers and trainees.
OngoingFederalGrants41StrongMitacs AI Advantage (ADOPT and AI+X)
Mitacs
Non-competitive Mitacs offerings supporting organizations to adopt and innovate with AI through trainee-led projects: ADOPT (AI readiness to implementation) and AI+X...
OpenFederalGrantsUp to $25K39StrongFedDev Ontario - Regional Artificial Intelligence Initiative (RAII)
FedDev Ontario
Funded AI commercialization and AI adoption projects in southern Ontario. Intake has ended.
OpenFederalGrantsUp to $700M37Worth a lookClean Technology Manufacturing (CTM) Investment Tax Credit
Canada Revenue Agency / Natural Resources Canada
Refundable credit for new machinery and equipment used to manufacture or process clean technologies and to extract or process key critical minerals in Canada. Supports...
OngoingFederalOther incentives35Worth a lookBDC Loan for Tech Companies
Business Development Bank of Canada
Flexible loans for revenue-generating technology companies that want to scale without giving up shares.
OngoingFederalLoans34Worth a lookNOHFC Invest North - Innovation
Northern Ontario Heritage Fund Corporation (NOHFC)
Funds applied R&D, demonstration and commercialization projects by Northern Ontario private-sector businesses.
OngoingOntarioGrantsUp to $2M33Worth a lookNSERC Alliance grants and Ontario Centre of Innovation Collaborate 2 Commercialize (C2C)
NSERC and Ontario Centre of Innovation (OCI)
A joint streamlined funding stream that matches an Ontario company with an Ontario university researcher for a short research collaboration, combining NSERC Alliance...
OngoingFederalGrantsUp to $50K31Worth a lookFedNor - Regional Artificial Intelligence Initiative (RAII)
FedNor
Helps Northern Ontario SMEs, not-for-profits, Indigenous organizations and municipalities commercialize and adopt AI. For-profits normally receive repayable...
OngoingFederalLoansLoans up to $700M30Worth a lookNRC Industrial Research Assistance Program (NRC IRAP) - Financial support for technology innovation
National Research Council Canada (NRC IRAP)
NRC IRAP provides advice, connections and funding to help Canadian SMEs develop and commercialize technology-driven products, services and processes. Funding follows...
OngoingFederalGrants29Worth a lookInnovation for Defence Excellence and Security (IDEaS)
Department of National Defence
DND's IDEaS program funds innovators, from individuals to large firms, to solve defence and security challenges through five elements: Competitive Projects, Innovation...
Intake-basedFederalGrantsUp to $6.8M27Worth a lookOntario Interactive Digital Media Tax Credit (OIDMTC)
Ontario Creates / Canada Revenue Agency
Refundable credit for Ontario labour and marketing/distribution costs of interactive digital media products such as games and educational products for children.
OngoingOntarioOther incentives25Worth a lookOntario Creates Futures Forward Program
Ontario Creates
Early-stage development funding for emerging interactive and linear content creators who complete the Futures Forward workshop.
OpenOntarioGrantsUp to $20K24Long shotFedNor - Regional Economic Growth through Innovation (REGI)
FedNor
Supports Northern Ontario business growth (Targeted Manufacturing Initiative) and regional innovation ecosystems (not-for-profits).
OngoingFederalLoansLoans up to $500K23Long shotNRC IRAP Clean Technology support
National Research Council Canada (NRC IRAP)
Support for Canadian SMEs to develop and advance clean technologies from proof of concept through larger multi-year projects to commercialization. Delivered by NRC IRAP...
OngoingFederalGrants23Long shotCanadian Technology Accelerators (CTAs)
Trade Commissioner Service (Global Affairs Canada)
Free, equity-free business development programs that take high-growth Canadian tech companies into global tech hubs to meet partners, customers and investors.
Intake-basedFederalOther incentives20Long shotNSERC Alliance Advantage grants
Natural Sciences and Engineering Research Council (NSERC)
Funds university-led collaborative research projects with private, public or not-for-profit partners, with a training component.
OngoingFederalGrantsUp to $1M20Long shotOVIN R&D Partnership Fund
Ontario Centre of Innovation (OVIN)
Co-investment for SMEs developing and demonstrating automotive and mobility technologies (connected/autonomous vehicles, EVs, charging, semiconductors).
Intake-basedOntarioGrantsUp to $1M20Long shotCanExport Innovation
Trade Commissioner Service (Global Affairs Canada)
Covers costs of pursuing and signing collaborative R&D agreements with international partners.
Intake-basedFederalGrantsUp to $38K19Long shotFedDev Ontario - Funding for businesses to innovate, grow and compete (REGI Business Scale-up and Productivity)
Federal Economic Development Agency for Southern Ontario (FedDev Ontario)
Interest-free, unconditionally repayable contributions for southern Ontario businesses to innovate, scale up, adopt technology and commercialize. Covers new project...
OngoingFederalLoansLoans up to $10M19Long shotOntario Creates Intellectual Property (IP) Fund
Ontario Creates
Ontario Creates' main screen-content fund, with three streams: Linear Content (development and production of feature films and digital series), Interactive Content...
Intake-basedOntarioGrantsUp to $500K17Long shotCanada Media Fund (CMF) funding programs
Canada Media Fund
Funds Canadian television, digital media and video game content through envelope, selective and first-come-first-served programs for linear and interactive digital...
Intake-basedFederalGrants14Long shotFedNor - Regional Homebuilding Innovation Initiative (Northern Ontario)
FedNor
Supports Northern Ontario businesses and organizations strengthening the housing supply chain and residential construction innovation. Commercial projects are generally...
Intake-basedFederalLoansLoans up to $500K14Long shotProtein Industries Canada - Artificial Intelligence program
Protein Industries Canada (Global Innovation Cluster)
Co-invests in collaborative consortia using AI in the plant-based food, feed and ingredients value chain, with $30 million to be invested through March 31, 2028.
OngoingFederalGrants13Long shotProtein Industries Canada - Technology Leadership program
Protein Industries Canada (Global Innovation Cluster)
Co-invests in collaborative consortia developing plant-based food, feed and ingredient technologies, including Ontario companies and processors.
OngoingFederalGrants13Long shotCanada's Ocean Supercluster - Technology Leadership and Innovation Ecosystem projects
Canada's Ocean Supercluster (Global Innovation Cluster)
Co-invests in industry-led ocean technology consortium projects and ecosystem-building activities. Open to Ontario firms that join consortia.
OngoingFederalGrants12Long shotFedNor - Regional Defence Investment Initiative (RDII)
FedNor
Supports Northern Ontario businesses, not-for-profits and Indigenous-led organizations meeting a specific military need in the defence supply chain.
Intake-basedFederalLoans12Long shotRegional Development Program: Advanced Manufacturing and Innovation Competitiveness (AMIC) Stream
Ministry of Economic Development, Job Creation and Trade
Financial support to advanced manufacturing companies, with a focus on SMEs, for capital equipment, technology adoption and skills development to improve competitiveness.
Intake-basedOntarioGrants12Long shotStrategic Response Fund (formerly Strategic Innovation Fund)
Innovation, Science and Economic Development Canada (ISED)
Large-scale funding for projects that de-risk innovation, grow AI compute and support firms affected by tariffs. The SRF replaces the Strategic Innovation Fund (SIF)...
OngoingFederalLoans11Long shotOCI Life Sciences Innovation Fund (LSIF)
Ontario Centre of Innovation (OCI)
Early-stage co-investment fund for life sciences and healthcare technology companies.
Intake-basedOntarioOther incentivesUp to $500K9Long shotOCI Ready 4 Market (R4M) Fund
Ontario Centre of Innovation (OCI)
Pre-seed co-investment fund for early-stage Ontario technology companies commercializing academic IP.
Intake-basedOntarioOther incentivesUp to $250K9Long shotDIGITAL Supercluster - Calls for Projects
Digital Technology Supercluster (DIGITAL)
Co-investment in industry-led digital technology projects through member consortia.
Intake-basedFederalGrants6Long shotBDC Capital - Venture Capital
BDC Capital
BDC Capital's Venture Capital arm makes direct equity investments in Canadian technology and innovation companies through sector and stage funds (Seed, Growth, Life...
OngoingFederalOther incentives3Long shotVenture Ontario (formerly Ontario Capital Growth Corporation) - venture capital investments
Venture Ontario
Venture Ontario is the Ontario government's venture capital investment agency. It invests mainly as a limited partner in venture capital and growth equity funds (for...
OngoingOntarioOther incentives3Long shot
How we rank
Each program gets a score from 0 to 100 that asks how much money you can realistically get for how little work. It blends the largest published amount (loans count for less because they are repaid), how much effort an application takes, how likely an eligible applicant is to succeed and how many people qualify. Closed programs score zero and programs without a published dollar figure get a neutral value, never a guess. Scores are editorial estimates, not predictions of approval.
Questions
How many technology and ai programs for businesses and corporations are open right now?
- Of the 58 technology and ai programs for businesses and corporations in our database, 23 are open or ongoing and 12 take applications only in intake windows. The rest are closed, paused or of unknown status, so they are not ranked on this page. Counts reflect our last check on Nov 4, 2026; programs can change without notice.
What is the largest published amount among these programs?
- FedDev Ontario - Regional Artificial Intelligence Initiative (RAII) publishes the largest figure on this page, shown as "Up to $700M". Published figures are program maximums, caps or limits, not what an applicant should expect to receive; many programs pay a share of eligible costs and amounts depend on your project and eligibility.
Which technology and ai programs for businesses and corporations rank highest?
- Right now the top three by our score are Scientific Research and Experimental Development Tax Incentive (56, Top pick), Ontario Innovation Tax Credit (45, Strong), Mitacs Accelerate (41, Strong). The score combines the size of the published amount, how much work an application takes, how likely an eligible applicant is to succeed and how many people qualify.
Do I have to pay this money back?
- It depends on the program. Grants and incentives are generally not repaid, loans always are, and some contribution agreements are partly or fully repayable, so read the terms of each program. Among the 23 open or ongoing programs here, 12 are in our Grants category, 5 are loans and 6 are other incentives such as tax credits and rebates.
Are these federal or Ontario programs?
- 18 of the 23 open or ongoing programs here come from the federal government and 5 from the Ontario government. Both levels can usually be combined, but many programs have stacking rules that cap total government funding for the same costs, so check them before you apply.
Is this an official government website?
- No. Grants & Loans Finder is an independent research tool. Each program page links to the official source, and applications are always made with the government agency or lender that runs the program.
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Estimates; confirm on the official page. Independent research tool, not a government website. Data last checked Nov 4, 2026. Grants & Loans Finder.