Value
at least $10 million in contributionsDescription
The Strategic Innovation Fund (SIF) supports large-scale, transformative and collaborative projects that help position Canada to prosper in the global knowledge-based economy. SIF projects promote the long-term competitiveness of Canadian industries, clean growth, and the advancement of Canada’s strategic technological advantage.
The program has two broad components:
- Business Innovation and Growth (Streams 1 to 3)
- Encourage research & development (R&D) that accelerate technology transfer and commercialization of innovative products, processes and services; facilitate the growth and expansion of firms in Canada, and attract and retain large-scale investments to Canada.
- Collaborations and Networks (Streams 4 & 5)
- Advance industrial research, development and technology demonstration through collaboration between the private sector, researchers and non-profit organizations, and support large-scale, national innovation ecosystems through high impact collaborations across Canada.
Eligible Applicants
Business Innovation and Growth (Streams 1 to 3)
- Be a for-profit corporation – small, medium or large-sized – incorporated pursuant to the laws of Canada and proposing to carry on business and undertake project in Canada,
- Request a minimum SIF contribution of $10 million for a proposal with total costs of at least $20 million,
- Provide audited financial statements (or equivalent) for the past 3 years, and
- Be willing to make long-term commitments to Canada (e.g. job creation and maintenance, R&D investments, and other public benefits).
Collaborations and Networks (Streams 4 & 5) – Stream 4 offers periodic competitive calls for proposals based on government priorities. Applications for Stream 5 are accepted on a continuous basis.
- Be either a for-profit or not-for-profit incorporated in Canada,
- Have collaborations with Canadian universities and/or colleges, research institutes, for-profit corporations and/or not-for-profit entities,
- Support large-scale ecosystems that are national in scope,
- Undertake national collaborative projects,
- Request a minimum SIF contribution of $10 million for a proposal with total costs of at least $20 million,
- Provide audited financial statements (or equivalent) for the past 3 years, and
- Be willing to make long-term commitments to Canada (e.g. collaborations with public and private entities, R&D investments, co-op/work integrated learning opportunities)
Eligible Expenses
Non-recurring costs that are specifically related to the project, these include but are not limited to:
- Direct labour
- Overhead (limits apply)
- Subcontracts and consultants
- Direct materials and equipment
- Other direct costs
- Land and buildings
Deadline Date
OngoingContact
Contact Name: Innovation, Science and Economic Development Canada
Phone Number: 1-800-328-6189