Strategic Innovation Fund
The Strategic Innovation Fund (SIF) is a program that was launched in 2017. It provides repayable and non-repayable contributions to support four distinct Streams of activities: Stream 1: Encourage research and development (R&D) that will accelerate technology transfer and commercialization of innovative products, processes and services; Stream 2: Facilitate the growth and expansion of firms in Canada; Stream 3: Attract and retain large scale investments to Canada; and Stream 4: Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector. Stream 5: Support large-scale, national innovation ecosystems through high impact collaborations across Canada. The program is available to firms of all sizes across all of Canada's industrial and technology sectors. The program is managed by Innovation, Science and Economic Development Canada (ISED).
Grant Deadline
Deadline not available
Funding Amount
Range between $0 - $275,000,000
Type of Grant
Sectors
Demographics
Incorporation
Perks
Region Restriction
This grant is restricted to whole of Canada
Keywords
Age Restriction
This grant is age restricted from 18 to 100
Eligibility and Requirements
Eligibility
Streams 1, 2 and 3
The Applicant must be a for-profit corporation—small, medium or large-sized—incorporated pursuant to the laws of Canada and proposing to carry on business in Canada.
The Recipient is responsible for managing the project, submitting claims, receiving and repaying (if applicable) the government contribution and reporting on results.
Stream 4
Applicants are a consortium that may include Canadian universities, colleges, research institutes, for-profit corporations (including SMEs) and/or not-for-profit entities. The projects need to have a Lead Applicant which must be incorporated pursuant to the laws of Canada, carry on business in Canada and propose to conduct industrial research and technology demonstration activities. The Lead Applicant will be responsible to submit a project application and manage the project.
Networks can also apply under Stream 4. In this case, the Lead Applicant must be a not-for-profit organization incorporated in Canada. Its role will consist of distributing funds to research partnerships consisting of industry, academic institutions and research institutions for the purpose of co-funding collaborative research and technology development projects. The Lead Applicant will be responsible for managing the project, submitting claims, receiving the Government contribution and reporting on results.
Stream 5
The Lead Applicant is either a not-for-profit organization incorporated in Canada or a for-profit corporation incorporated in Canada, in collaboration with Canadian universities, colleges, research institutes, for-profit corporations (including SMEs) and/or not-for-profit entities. The Lead Applicant will be responsible for submitting an application to SIF on behalf of the ecosystem, managing the Ecosystem's projects, submitting claims, receiving the Government contribution and reporting on results.
Before applying, you are encouraged to check your eligibility by completing the SIF self-screening questionnaire.
Grant Application website
Contact
Apply for Stream 1, 2 or 3
To apply as a business request the SIF Statement of Interest application package by sending us an email at sifadmission-fsiadmission@ised-isde.gc.ca.
You will receive the SOI package automatically.
Apply for Stream 5
To apply as a Network or Consortia you must first request a consultation with a SIF officials. If your proposal is a fit, we will send you the full Stream 5 Statement of Interest application package.