Strategic Innovation Fund - Stream 3 (Investment Attraction and Reinvestment)

The Strategic Innovation Fund supports businesses with large projects in innovation efforts that have commercialization potential. This stream supports new investment in Canadian industrial/technological facilities.

How Much Funding?

- Up to 50% of eligible costs but is dependent on the minimum amount necessary for the 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

New investment in industrial or echnological facilities in Canada
- Projects must at least be at Technological Readiness Level 2 (i.e., technology concept and/or application formuated)

Program Deadline

Ongoing

Why EVAMAX?

96%+

Approval Rate

75%

Time Saved

33%

Fee Saved