Applications must be in by April 29, 2020
The government recently announced $250 million of a new program called the Innovation Assistance Program (IAP). The goal of this program is to assist Canadian small and medium sized enterprises in the technology field.
This program is for those technology companies that are NOT
eligible for the CEWS. The CEWS is the program where the government will subsidize salaries up to 75% with certain limits. The CEWS program is available when a company meets certain revenue decreases (see the Segal publication here
The IPA is meant to be a wage subsidy program for up to 12 weeks. The size of the subsidy has not been clarified.