Scientific Research and Experimental Development Program (SR&ED):
This program offers tax credits or refunds from 15 percent to over 45 percent to encourage businesses to conduct research and development in Canada that will lead to new, improved, or technologically-advanced products or processes.
Ontario Centres of Excellence (OCE) Smart Seed Program:
OCE Smart Seed Program will fund 50 percent, up to $60,000, for entrepreneurs with an incorporated, Ontario-based start-up company.
MaRS Investment Accelerator Fund (IAF):
The IAF helps build and strengthen Ontario-based businesses in the cleantech, technology, and life sciences sectors. It offers two types of funding, from $250,000 to $500,000, tailored to each type of applicant.