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.

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

Program Deadline

Ongoing

Why EVAMAX?

96%+

Approval Rate

75%

Time Saved

33%

Fee Saved