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

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Value

Varies.

Description

The Strategic Innovation Fund (SIF) covers all sectors of the economy and is available to for-profit and not-for-profit organizations with the goal of supporting the Canadian innovation network.

SIF provides funding for 2 categories of projects, each with their own set of requirements:

Eligible Applicants

To apply under SIF’s Business Innovation and Growth category, your company must be one of the following:

  • a for-profit business or cooperative incorporated in Canada
  • a partnership proposing to carry out business in Canada

To apply to SIF as a lead applicant in the Collaborations and Networks category, your organization must be one of the following:

  • a not-for-profit organization incorporated in Canada
  • a for-profit corporation incorporated in Canada

Eligible Expenses

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

Deadline Date

Ongoing. Please click the link indicated below for update.

Contact

Contact Name: Strategic Innovation Fund

Phone Number: 1-800-328-6189

Website: https://ised-isde.canada.ca/site/strategic-innovation-fund/en/about-program

Industry:

Non-Profit

Location:

Alberta, British Colombia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Nunavut, NWT, Ontario, PEI, Quebec, Saskatchewan, Yukon

Tags:

Business, Innovation

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