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Program

British Columbia BCTECH BCIC Innovation Fund

Funds British Columbia deep-tech firms through the BCIC Innovation Fund and related province channels for commercial technology projects.

Province of British ColumbiaBritish ColumbiaGrant

British Columbia BCTECH BCIC Innovation Fund sits under the Province of British Columbia and backs deep-tech companies based in British Columbia. It is a grant route for for-profit firms, aimed at projects that are beyond the earliest concept stage and need structured innovation capital to move forward. Awards run from C$25,000 to C$1,000,000, with a median actual award of about C$150,000. The program is rolling, requires BC-based registration, expects a 30 percent match, and serves work in roughly TRL 3 to 7. The sector scope is broad, but the record points to cross-sector deep-tech work rather than a single vertical. The best fit is a BC company with a project that can absorb matched funding and turn it into technical or commercial progress. Applicants need enough maturity to justify the ticket size, but not so much that the project no longer needs innovation support. In practice, the fund rewards ventures that can pair technical ambition with a credible deployment plan.

Max awardCAD 1M
Realistic medianCAD 150K
Success rateOver 30%
Decision time—

No upcoming rounds verified. Cadence: Rolling.

Last verified: 11 May 2026Source: strategicinnovationfund.gc.ca