Strategic Innovation Fund - Stream 1 (R&D and Commercialization)
The Strategic Innovation Fund supports businesses with large projects in innovation efforts that have commercialization potential. This stream focuses on R&D that will accelerate technology transfer and commercialization of innovative products, processes, and services.
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How Much Funding?
- Up to 50% of eligible costs, but dependent on the minimum amount necessary for project to proceed
- Requested contribution must be a minimum of $10 million
Who Qualifies?
Canada-wide
- For-profit
- Incorporated in Canada
- Requesting at least $10M in contributions
Eligible Activities & Expenditures
Research, development and commercialization of innovative products, processes, services
- Direct labour
- Overhead
- Subcontracts
- Direct materials and equipment
- Land and buildings
- Other direct costs
Program Deadline
Ongoing
