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
- 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)