Strategic Innovation Fund │Innovation, Science and Economic Development Canada (ISED)

Strategic Innovation Fund (SIF) funding is project-based, with a portion of eligible supported project costs (expenditures) being reimbursed. SIF funds projects with at least $20 million in total project costs.

Project costs that are supported by SIF include:

• direct labour costs
• direct materials and equipment costs
• other direct costs
• overhead costs (program limits apply)
• subcontracts and consultants costs
• land and building costs, which must:
  • be necessary and reasonable in order to be able to carry out project activities and
  • benefit all network members (for Collaborations and Networks projects)

Additional conditions may apply to applications that include land-related costs.

In addition to the above, the following costs are eligible for SIF support in the Collaborations and Networks category:

• expenditures related to network operations and activities, including:
  • the organization of networking events
  • the operation of regional offices across Canada
  • participation in collaborative research and technology
  • conferences and workshops in support of collaborative research and development (R&D) activities
• costs related to network operations, including:
  • travel
  • salaries
  • overhead
  • office equipment
  • professional services
  • other operational costs, as appropriate