Among the innovation-related initiatives announced in Budget 2017 is Innovative Solutions Canada, a $50 million program inspired by the US Small Business Innovation Research (SBIR) program. Recent research has shed new light on the effectiveness of the US SBIR program, and suggests that Canada may be able to design a superior program by offering modest levels of support to young companies in emerging sectors, and letting the private sector fund provide follow-on financing.
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| Organizations: | Innovative Solutions Canada, SBIR, and Small Business Innovation Research program |
| People: | Margaret Dalziel |
| Topics: | Budget 2017 and Venture Capital |
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