Life Sciences Fund Contributions

Innovation, Science and Economic Development Canada

Program purpose (as reported by the department)

Misson-driven fund with a dual mandate to advance and strengthen Canada?s scientific, technological and industrial capabilities that can be deployed during health emergencies; and grow and sustain a competitive and innovative life sciences ecosystem that develops the next generation of medicines and technology platforms in Canada.

Agreements with businesses
6
Median agreement
$10,994,000
Range
$2,829,286 – $21,928,275
Recipients
5
Last 12 months
6
Total value
$65,283,261

What the numbers say

  • Half of the agreements with businesses are worth $10,994,000 or less.
  • The largest recipient, Avivo Biomedical Inc, holds $21,988,000 (34% of the program's business funding in this data).
  • The most recent agreement in the data started on 2026-02-18.

By fiscal year

2025-26$65,283,2616

By recipient province

AB$27,965,9752
BC$24,817,2863
ON$12,500,0001

Largest recipients

RecipientAgreementsValueLatest start
Avivo Biomedical Inc2$21,988,0002026-01-01
Applied Pharmaceutical Innovation1$21,928,2752026-01-13
Qidni Labs Inc.1$12,500,0002025-12-18
Northern RNA Inc.1$6,037,7002026-01-01
STEMCELL Technologies Canada Inc.1$2,829,2862026-02-18

Recent agreements

StartRecipientProjectProvinceValue
2026-02-18STEMCELL Technologies Canada Inc.515888BC$2,829,286
2026-01-13Applied Pharmaceutical Innovation515742AB$21,928,275
2026-01-01Northern RNA Inc.515743AB$6,037,700
2026-01-01Avivo Biomedical Inc515732BC$10,994,000
2026-01-01Avivo Biomedical Inc515746BC$10,994,000
2025-12-18Qidni Labs Inc.515741ON$12,500,000

Method & sources

Source: Government of Canada "Proactive Disclosure – Grants and Contributions" (Open Government Licence – Canada). We include agreements with for-profit recipients that started on or after April 1, 2021, and keep the latest amendment of each agreement, so values are the current agreement value, not money paid out. Departments report on their own schedule, so the most recent quarter is incomplete. Recipients are linked to company pages by exact name match. This is not an endorsement or an eligibility determination — check each program's official page.

Dataset on open.canada.ca · Search the official grants records