Up to 75% funding for Canadian SMBs to cover R&D projects costs aimed to combat COVID-19

Mitacs

Type of Funding

Grant

Max Funding

N/A

Region

Federal/National

Application Difficuty

Average

Processing Time

Medium (A few weeks)

Province

All Of Canada

Industry

N/A

Funding Goals

RnD/Innovation/Develop a product or service.
COVID-19 Help.

Demographic

N/A

Incorporated

No

Contact

1-833-364-8227

Get a Fast Business/Personal Loan

Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours $5,000 to $50,000 No hidden fees No collateral Applying doesn’t impact credit score

Details

Funding to cover up to 75% of eligible project costs if aimed at combating COVID-19. Funding applies to Canadian SMBs. Moreover, post-secondary students can be hired to assist with the R&D activities.

Eligibility

N/A

Similar funding programs

Grant
Grants of up to $5.000 to provide financial support to small and medium-sized businesses that have had to temporarily close or significantly curtail operations as a result of the COVID-19 pandemic.
Max Funding $5,000.00
Saskatchewan Small Business Emergency Payment (SSBEP)
Grant
Financial support of up to $30,000 per month from March 23, 2020, to May 22, 2020 for Yukon based businesses who suffered at least a 30% decline in revenue due to the COVID-19 crisis. Can cover between 75% and 100% of loses.
Max Funding $30,000.00
Yukon Business Relief Program

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