Strategic Innovation Fund: Who Qualifies and What You Get
Learn how large-scale Canadian projects can access financial support for research, development, and commercialization through this federal fund.
The Strategic Innovation Fund provides financial support to help drive large-scale research, development, and commercialization projects across Canada.
Who it's for
This fund is designed for large-scale projects that are expected to create a significant economic impact.
What you get
If you qualify, you can receive financial contributions to help fund your research and development (R&D) efforts or to help bring new technologies and products to the commercial market.
What it costs you
Participating in this program requires a significant investment of time and resources. You will need to undergo extensive legal and financial due diligence to meet requirements. Additionally, you must be prepared for a multi-year commitment to the project.
The catch to know
The fund does not support all types of innovation; it specifically focuses on projects that align with federal strategic priorities, such as those involving aerospace or green technology.
How to apply
- Review the specific strategic priorities to ensure your project aligns with national goals.
- Prepare your documentation for intensive financial and legal review.
- Submit your proposal through the official government portal.
https://ised-isde.canada.ca/site/strategic-innovation-fund/en