Government programs and incentives help aviation companies with production, marketing, exporting, innovation and financing. Here are some of the most popular programs.
Tax Credit for Scientific Research and Experimental Development (SR&ED) provides incentives for Canadian companies that conduct Research & Development in Canada, through tax credits of up to 35% for experimental development, applied research, basic scientific research and certain types of technical support work.
Industrial Research Assistance Program (IRAP) assists firms to develop, adopt and adapt technologies and incorporate them into competitive products and services to be commercialized in the global marketplace. IRAP provides advisory services and funding to help small and medium-sized enterprises (SMEs) undertake innovation projects.
Strategic Innovation Fund supports large-scale, transformative and collaborative projects that help position Canada to prosper in the global knowledge-based economy. It supports industrial transformation that will grow Canada’s global leadership position in sustainable aviation.
International Skilled Workers offers accelerated immigration for qualified skilled workers, experienced entrepreneurs and their family members who want to settle in B.C. and become permanent residents of Canada.
Build in Canada Innovation Program (BCIP) helps companies bridge the pre-commercialization gap for their innovative goods and services within the federal government before taking them to market. Companies in the last stages of research and development are integrated into the Government of Canada’s procurement system and provided with testing, feedback and an opportunity to enter the marketplace with a successful application of their new goods or services.
Use our Funding Portal to search a database of all grants, loans and financing available to Aviation companies.