Grant and contribution program
Contributions under the ElevateIP program
Department of Industry · Industry, agriculture and fisheries
Headline figures
Fiscal year 2024–25
$24.0M
Down $3.8M from $27.8M in 2023–24.
$0.80per tax filer$0.58per person
Per tax filer uses 29,965,100 tax filers (2023, the latest count published); per person uses a population of 41,162,593 (2024). An allocation of cost, not a tax bill.
Largest recipients
The largest named recipients of payments reported under this program in 2024–25. Location is the recipient's address, which is not always where the money is spent. Recipient payments can differ slightly from the program total above because the Public Accounts report them separately.
| Recipient | Location | Paid | Per tax filer |
|---|---|---|---|
| Communitech Corporation | Kitchener, Ontario | $11.9M | $0.40 |
| Mouvement des Accélérateurs d'Innovation du Québec | Mirabel, Quebec | $3.5M | $0.12 |
| New Ventures BC Society | Vancouver, British Columbia | $3.2M | $0.11 |
| The Governors of the University of Calgary | Calgary, Alberta | $2.9M | $0.10 |
| Springboard Atlantic Inc | Halifax, Nova Scotia | $2.6M | $0.09 |
Source and basis
- Detailed information on Transfer Payments, as per the Public Accounts of Canada, retrieved 2026-11-03. Open Government Licence - Canada.
- Recipients: Detailed information on Transfer Payments, as per the Public Accounts of Canada.
- Net expenditures of this transfer payment program in the Public Accounts. It overlaps with program spending, so do not add the two.