The SIF covers all sectors of the economy and is available to for-profit and not-for-profit organizations to encourage R&D that accelerates technology transfer and commercialization of innovative products and services; facilitates growth and expansion; and attracts and retains large-scale investments in Canada.
The Strategic Innovation Fund (SIF) provides major investments in innovative projects that will help grow Canada’s economy for the well-being of all Canadians.
Strategic Innovation Fund
The Strategic Innovation Fund (SIF) covers all sectors of the economy and is available to for-profit and not-for-profit organizations to support the Canadian innovation network.
SIF provides funding for 2 categories of projects, each with their own set of requirements:
Business Innovation and Growth Projects
Business Innovation and Growth projects led by individual companies seeking funding to support their business.
Collaborations and Networks projects
Collaborations and Network projects led by companies or not-for-profit organizations seeking funding to support their innovation network.
Application Open Date (Status)
Open
Application End Date (Deadline)
N/A
Funding Limits
Request a minimum SIF contribution of $10 million for a proposal with total costs of at least $20 million
Funding rules are strictly bound to the terms of the successful Grant Application.
Purpose & Commonly Used For
- Net Zero and clean tech adoption
- Biomanufacturing and Life Sciences
- Intellectual Property
- Aerospace
- Semiconductors
- Agri-food
- Automotive
- Natural Resources
More Information
Innovation, Science and Economic Development Canada (ISED) works with Canadians in all areas of the economy and in all parts of the country to improve conditions for investment, enhance Canada’s innovation performance, increase Canada’s share of global trade, and build a fair, efficient and competitive marketplace
