Funding to advance commercialization

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About the program

Get a financial contribution to cover project expenses when you collaborate across various organizations (SMEs, incubators/accelerators, academic and research institutions, and large corporations) with the goal of accelerating the commercialization of your technology on a national level.

The Strategic Innovation Fund (SIF) supports large-scale, transformative and collaborative projects that help position Canada to prosper in the global knowledge-based economy. SIF projects promote the long-term competitiveness of Canadian industries, clean growth, and the advancement of Canada’s strategic technological advantage.

As part of the Innovation and Skills Plan, the Strategic Innovation Fund plays a key role in the continuum of innovation funding, providing support for projects through simplified application processes, accelerated processing, and assistance that is more responsive and focused on results.

  • Eligibility:
    Collaborations and Networks (Streams 4 & 5)

Stream 4 offers periodic competitive calls for proposals based on government priorities. For information on current competitions, please visit the Collaborations and Networks page.

Applications for Stream 5 are accepted on a continuous basis. To be considered, lead applicants must:

    • Be either a for-profit or not-for-profit incorporated in Canada,
    • Have collaborations with Canadian universities and/or colleges, research institutes, for-profit corporations and/or not-for-profit entities,
    • Support large-scale ecosystems that are national in scope,
    • Undertake national collaborative projects,
    • Request a minimum SIF contribution of $10 million for a proposal with total costs of at least $20 million,
    • Provide audited financial statements (or equivalent) for the past 3 years, and
    • Be willing to make long-term commitments to Canada (e.g. collaborations with public and private entities, R&D investments, co-op/work integrated learning opportunities)

How to apply

Give your application the best chance at approval. AKR Consulting has an 99% approval rating across all<u> Canadian funding programs.</u>

For any inquiry, please call: AKR Consulting Canada at 905-678-6368

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