Puzzle Medical Devices Inc.: federal grants and contributions

Updated 12 October 2026 · Montreal|Montréal, QC · grants and contributions register · Ville-Marie–Le Sud-Ouest–Île-des-Soeurs

Puzzle Medical Devices Inc.: federal grants and contributions: 12 agreements; $1.5M value; 2 departments; 8 programs.

Assay record ASY-CA-1M7PSYG0ZL · Cite as: Assay Systems, “Puzzle Medical Devices Inc.: federal grants and contributions”, https://assay-systems.com/register/ca/grants/r/puzzle-medical-devices-inc/

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12agreements
$1.5Mvalue
2departments
8programs

Largest agreements

Optimizing the ModulHeart device for chronic support$500Kvalue2022start2023end

Improvement of a minimally invasive cardiac pump for Chronic Heart Failure.

400060516$300Kvalue2022start2023end

Acquisition of equipment: The project aims to improve the productivity and increase the production capacity of a company that specializes in the design and manufacture of medical devices.

Increasing durability of a left ventricular assist device$250Kvalue2025start2026end

The firm is developing a heart pump for patients with heart failure. The objective is to increase its durability to support longer term patients.

Innovation Assistance Program – Round 2$97.4Kvalue2020start2020end

The funding provided from the Innovation Assistance Program is to assist innovative, early-stage small and medium-sized enterprises that are unable to access existing COVID-19 business support.

Innovation Assistance Program$81.3Kvalue2020start2020end

The funding provided by the IAP program is intended to assist innovative small and medium-sized enterprises in the start-up phase that cannot access existing commercial support related to COVID-19.

400056558$50.0Kvalue2019start2020end

Innovative business start-up: Grant to Puzzle Medical Devices, one of the ten winning companies in the DEC 2019 Propulsion Challenge, to enable it to finalize the development of its innovation and commercialize it.

400057758$50.0Kvalue2021start2021end

Acquisition of digital equipment: The project aims at starting the production activities of an innovative company that manufactures medical devices.

ARP - Development of a minimally invasive cardiac pump for patients with heart failure$50.0Kvalue2019start2019end

Puzzle Medical Devices develops the first long-term cardiac support implemented in a minimally invasive manner. Thanks to advances in cardiac surgery and interventional cardiology, Puzzle Medical Devices allows patients with heart failure to have a safe and more accessible solution, while reducing the economic impact of the disease on society.

Show all 12
Innovation Assistance Program – Round 2.5$43.4Kvalue2020start2021end

The funding provided from the Innovation Assistance Program is to assist innovative, early-stage small- and medium-sized enterprises that are unable to access existing COVID-19 business support.

YEP - Electrical Engineer$32.5Kvalue2021start2022end

Puzzle Medical is developing a heart pump for patients with advanced heart failure. The objective of the project with the Youth Employment Program is to develop an architecture for a ventricular assist controller.

YEP - Optimization of the architecture of a ventricular assist controller$32.5Kvalue2021start2022end

To develop a heart pump for patients with advanced heart failure. The main objective of the Youth Employment Program project is to develop a controller that will provide very robust and precise control of each pump motor.

Development of a minimally invasive cardiac pump for Class IV heart failure$30.0Kvalue2020start2021end

Puzzle Medical Devices Inc. is a Canadian company specializing in the development of a minimally invasive long-term hemodynamic transcatheter heart pump. This project will undertake electrical and mechanical engineering projects from prototype to production in a R&D lab work environment. The tasks will mainly be R&D around the controller of the device, as well as intellectual property around it.

Departments

National Research Council Canada9agreements$1.1Mvalue5programs
  • Industrial Research Assistance Program – Contributions to Firms
  • Industrial Research Assistance Program
  • Industrial Research Assistance Program – Innovation Assistance Program
  • Industrial Research Assistance Program – Youth Employment Program
  • Innovation Assistance Program

All grants from National Research Council Canada

Canada Economic Development for Quebec Regions3agreements$400Kvalue3programs
  • The Regional Economic Growth Through Innovation Program (REGI)
  • Regional Economic Growth through Innovation (REGI)
  • Regional Economic Growth through Innovation Program (REGI)

All grants from Canada Economic Development for Quebec Regions

Years

20251agreements$250Kvalue1programs
  • Industrial Research Assistance Program
20222agreements$800Kvalue2programs
  • Industrial Research Assistance Program – Contributions to Firms
  • The Regional Economic Growth Through Innovation Program (REGI)
20213agreements$115Kvalue2programs
  • Industrial Research Assistance Program – Youth Employment Program
  • Regional Economic Growth through Innovation Program (REGI)
20204agreements$252Kvalue3programs
  • Industrial Research Assistance Program – Innovation Assistance Program
  • Innovation Assistance Program
  • Industrial Research Assistance Program – Youth Employment Program
20192agreements$100Kvalue2programs
  • Regional Economic Growth through Innovation (REGI)
  • Industrial Research Assistance Program – Contributions to Firms

Contains information licensed under the Open Government Licence – Canada. Source: Government of Canada proactive disclosure of grants and contributions (open.canada.ca, dataset 432527ab-7aac-45b5-81d6-7597107a7013), 1,327,352 rows as published, collapsed to one agreement per agreement number (per reference number where none is given) at its latest amendment, which carries the full agreement value. Years are the agreement start year. Agreements with individuals are counted but not named.