Program directory · Innovation, Science and Economic Development Canada
Business Innovation
- Program code
- BNP01 (ISC)
- Core responsibility
- Companies, Investment and Growth
- In Departmental Plans
- 2018-19 – 2026-27 · New since an earlier plan
What it does
The Business Innovation program makes it easier for Canadian businesses to access the support they need to research, develop and commercialize innovative processes and products. It ensures Government of Canada innovation programs are cohesive and responsive to the needs of innovators. The Program administers the Strategic Response Fund (SRF) (replacing the Strategic Innovation Fund (SIF)), which is designed to support large-scale innovation and technology development, as well as projects that enable Canadian firms to adapt to tariff pressures, diversify markets and drive long-term industrial transformation. It also delivers the following programs: Accelerated Growth Service, to facilitate the growth of Canadian small and medium sized enterprises by providing client-centric, better-coordinated service delivery across the federal government; Business Benefits Finder, a “one-stop-shop” for innovators and entrepreneurs to find and access programs easier and faster; Innovative Solutions Canada to provide small and medium sized enterprises with an opportunity to develop and validate their research and development in a government environment to support the scale-up, commercialize and export made-in-Canada intellectual property; Global Innovation Clusters, to build supportive ecosystems and co-invest in collaborative technology projects that help Canadian firms scale and position Canada as a global leader; and Cyber Security Innovation Network. The program supports the following departmental results: “Canadian businesses and industries are innovative and growing,” “Canada has a clean and sustainable economy,” and “People and communities from all segments of Canadian society participate in the economy”.
Source: the department's Program Inventory, via GC InfoBase.
History and lineage
First appears in GC InfoBase's actual spending by program in 2018-19. The data does not record when a program was created; it may be older than its first appearance here, which is limited by the sources (program spending starts in 2010-11, Departmental Plans in 2018-19).
| Program | Relation | Years with data | Actual spending over those years |
|---|---|---|---|
| Business Innovation | This program | 2018-19 – 2028-29 | $8.81B |
No earlier or later program in the same department has a similar name.
Significant changes in scope and budget
Detected from the data: renames between plans, programs it appears to replace, merge with or split into (matched by name), year-over-year changes in spending of at least 25% and $5M, or in employees of at least 20% and 25 FTEs, linked budget measures, and results indicators added or dropped.
| Year | What changed | Source |
|---|---|---|
| 2019-20 | Employees (FTEs) 182, against 131 in 2018-19 (+39%). | FTEs (GC InfoBase) |
| 2020-21 | Employees (FTEs) 225, against 182 in 2019-20 (+24%). | FTEs (GC InfoBase) |
| 2021-22 | Employees (FTEs) 601, against 225 in 2020-21 (+167%). | FTEs (GC InfoBase) |
| 2021-22 | Indicators added: Number of anchor firms (in targeted areas) | Departmental Results Framework (GC InfoBase) |
| 2021-22 | Indicators dropped: Number of high growth firms supported by ISED programs | Departmental Results Framework (GC InfoBase) |
| 2021-22 | Renamed from “Innovation in Business” to “Business Innovation”. | GC InfoBase program names by year |
| 2021-22 | Spending $1.04B, against $728M in 2020-21 (+43%). | Actual spending (GC InfoBase) |
| 2022-23 | Employees (FTEs) 759, against 601 in 2021-22 (+26%). | FTEs (GC InfoBase) |
| 2022-23 | Indicators added: Average number of partner organizations (large businesses, SMEs, academic/research institutions, governmental/non-governmental organizations) collaborating to advance innovation projects, per project | Departmental Results Framework (GC InfoBase) |
| 2022-23 | Indicators dropped: Number of anchor firms (in targeted areas) | Departmental Results Framework (GC InfoBase) |
| 2022-23 | Spending $1.43B, against $1.04B in 2021-22 (+37%). | Actual spending (GC InfoBase) |
| 2023-24 | Spending $2.1B, against $1.43B in 2022-23 (+47%). | Actual spending (GC InfoBase) |
| 2025-26 | Planned spending $5.09B, against $2.35B in 2024-25 (+117%). | Latest Departmental Plan |
| 2026-27 | Planned employees (FTEs) 941, against 682 in 2025-26 (+38%). | FTEs (GC InfoBase) |
| 2026-27 | Indicators added: Percentage of Department-funded projects with a clean technology component that have successfully completed their work phase | Departmental Results Framework (GC InfoBase) |
Success criteria
The program's indicators from its department's Departmental Results Framework: the target set in each year's plan, and the result reported the following year. Source: GC InfoBase.
Historical: targets against results
Bars: result reported. Dashed line: target.
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2022-23 | At least 1,500 partner organizations (with minimum of two partners per project) | 2023 | 1591 | Met |
| 2023-24 | ≥ 2 | 2024 | 3.53 2 (ISC) 5.06 (GIC) | Met |
| 2024-25 | Global Innovation Cluster (GIC): At least 4 per Innovation Canada collaborative project Strategic Innovation Fund (SIF): At least 3.5 per project Innovative Solutions Canada (ISC) : At least 2 per project | 2025 | GIC: 5.17 SIF: Average of 1.4 Ultimate Recipients per project ISC: Average of 2 partners per project Average: 2.8 (partner organizations per Innovation Canada collaborative project) | Met |
Current: the 2026-27 plan's targets
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2026-27 | Global Innovation Cluster (GIC): At least 4 partner organizations per Innovation Canada collaborative project Strategic Response Fund (SRF): At least 3.5 per collaborative project Innovative Solutions Canada (ISC) : At least 5 partner organizations per Innovation Canada project. | 2027 | — | Planned |
Bars: result reported. Dashed line: target.
| Report year | Target | Due | Result | Status |
|---|---|---|---|---|
| 2026-27 | ≥ 5.8% | 2027 | — | Planned |
Future goals: targets due after 2026-27
No targets with a later due date.
Spending and employees: planned against actual
Spending
Show the numbers
| Fiscal year | Planned | Actual |
|---|---|---|
| 2018-19 | $595M | $564M |
| 2019-20 | $787M | $600M |
| 2020-21 | $898M | $728M |
| 2021-22 | $1.47B | $1.04B |
| 2022-23 | $2.15B | $1.43B |
| 2023-24 | $2.76B | $2.1B |
| 2024-25 | $3.29B | $2.35B |
| 2025-26 | $5.09B | — |
| 2026-27 | $6.14B | — |
| 2027-28 | $7.15B* | — |
| 2028-29 | $6.97B* | — |
Employees (FTEs)
Show the numbers
| Fiscal year | Planned | Actual |
|---|---|---|
| 2018-19 | 59 | 131 |
| 2019-20 | 138 | 182 |
| 2020-21 | 162 | 225 |
| 2021-22 | 363 | 601 |
| 2022-23 | 702 | 759 |
| 2023-24 | 797 | 813 |
| 2024-25 | 834 | 786 |
| 2025-26 | 682 | — |
| 2026-27 | 941 | — |
| 2027-28 | 942* | — |
| 2028-29 | 876* | — |
Planned spending, plan by plan
Each row is one year's Departmental Plan and its forecast for the next three fiscal years; read a column down to see how the forecast for one year changed. The last row is what was actually spent. Click an amount for its source. Biggest changes in federal spending plans
| Plan | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018-19 plan | $594,902,014 | $437,088,154 | $335,470,976 | ||||||||
| 2019-20 plan | $787,334,873 | $578,868,214 | $513,340,132 | ||||||||
| 2020-21 plan | $897,604,669 | $570,177,920 | $510,078,114 | ||||||||
| 2021-22 plan | $1,467,179,220 | $973,623,412 | $448,987,765 | ||||||||
| 2022-23 plan | $2,150,023,369 | $2,039,196,888 | $1,765,511,304 | ||||||||
| 2023-24 plan | $2,760,840,520 | $2,784,764,718 | $2,464,707,300 | ||||||||
| 2024-25 plan | $3,294,361,497 | $4,702,118,368 | $5,189,483,729 | ||||||||
| 2025-26 plan | $5,088,923,385 | $5,476,395,991 | $6,718,906,281 | ||||||||
| 2026-27 plan | $6,141,504,408 | $7,148,483,090 | $6,968,656,600 | ||||||||
| Actual | $563,895,561 | $599,809,377 | $728,233,436 | $1,039,639,163 | $1,429,315,905 | $2,101,861,738 | $2,345,523,829 |
Actual spending is from Departmental Results Reports and the Public Accounts, as published in GC InfoBase. FTEs are full-time equivalents.