What is the Strategic Innovation Fund?
The Strategic Innovation Fund (SIF) is a program that was launched in 2017. It provides repayable and non-repayable contributions to support four distinct Streams of activities:
- Stream 1: Encourage research and development (R&D) that will accelerate technology transfer and commercialization of innovative products, processes and services;
- Stream 2: Facilitate the growth and expansion of firms in Canada;
- Stream 3: Attract and retain large scale investments to Canada; and
- Stream 4: Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
- Stream 5: Support large-scale, national innovation ecosystems through high impact collaborations across Canada.
The program is available to firms of all sizes across all of Canada’s industrial and technology sectors.
The program is managed by Innovation, Science and Economic Development Canada (ISED).
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