Phase 4: Project Approval
Project approval involves consideration of the results of the due diligence review by senior Industry Canada officials.
Final project approval rests with the Minister of Industry. When the funding request is for more than $10 million, approval of Treasury Board is also required. Cabinet and Treasury Board must both approve requests for more than $20 million.
Should a project approval be received, a SADI Contribution Agreement (CA) must be completed. This contribution agreement is then signed by the successful applicant (now known as the recipient) and the Crown. This legally binding contract outlines the obligations and responsibilities of both parties and the conditions under which payment will be made.
ITO will provide feedback in the case of a project that is rejected. The applicant may choose to amend the proposal and resubmit it to ITO.
This section has provided background information of a general nature on SADI's application and approval process. To obtain more details and to apply to SADI, consult the Proposal Development Guide.
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