The Strategic Innovation Fund is a federal funding program that supports innovative projects across a variety of sectors. It provides funding for projects that aim to enhance Canada’s competitiveness, drive growth, and create jobs. The fund is administered by Innovation, Science and Economic Development Canada (ISED) and has a budget of $1.26 billion over five years (2018-2023).
The Strategic Innovation Fund has several streams, including the following:
Stream 1: Encourage Research and Development (R&D) That Will Accelerate Technology Transfer and Commercialization
Stream 2: Facilitate the Growth and Scale-Up of High-Potential Firms
Stream 3: Attract and Retain Large Scale Investments in Canada
Stream 4: Advance Industrial Research, Development and Demonstration (IRD&D) through Collaboration between Firms and Research Institutions
Each stream has its own eligibility criteria and funding priorities. We can help you identify the most relevant streams for your business and develop a winning proposal that aligns with the fund’s objectives and priorities.
