Industrial Technologies Office (ITO) Operations

The Industrial Technologies Office (ITO), an Agency of Industry Canada, provides financial support for leading edge research and development (R&D) by Canadian industries. The agency delivers the Strategic Aerospace and Defence Initiative (SADI) and manages existing projects from the Technology Partnerships Canada (TPC) program and the Program for Strategic Industrial Projects (PSIP).

Agency operations have been designed to ensure:

• Due diligence

  All R&D projects submitted for funding through ITO are evaluated according to a rigorous and transparent due diligence process to ensure that public funds are well invested.

• Minimized risk

  Stringent due diligence processes and tight program parameters are implemented to ensure that risk is minimized.

• Greater return on investments

  Repayments under the Strategic Aerospace and Defence Initiative are based on the gross business revenue of a firm (or a relevant division within the firm), so that repayments can start approximately one year after R&D has been completed.

• Transparent processes

  All ITO objectives, application/review processes, assessment criteria and project/program performances will be documented via the web. Repayment information will also be published twice a year.

• High level of accountability

  ITO operations have been built to ensure the highest level of accountability. In addition, annual evaluations and/or audits will be conducted and shared via the web, to ensure that program results stay on target.

  We invite you to look through the ITO operations section to learn more about the Agency's mission and vision, and its operation model.