Strategic Innovation Fund
A simpler, more flexible tool to grow Canada's economy
Making sure that Canada is a top destination for businesses to invest, grow and create jobs and prosperity for Canadians is one of the Government's top priorities. The Strategic Innovation Fund's (SIF) objective is to spur innovation for a better Canada by providing funding for large projects.
in SIF contributions
Total investment leveraged
Jobs created and maintained
(not including indirect, induced, and construction jobs)
Get more information: Breakdown of announced projects
Learn more about the program, its objectives and how it benefits Canada.
An $8 billion initiative in support of projects that will enable Canada to reduce its domestic greenhouse gas emissions.
A list of all projects by recipient with a description of the SIF contribution.
An overview of the Medical Countermeasures (MCM) initiative.
How to apply: Funding streams
The application process for all streams includes submission of a Statement of Interest (SOI) with a high-level overview of the proposed project. Based on the SOI, applicants will be advised whether they should proceed with a full application. With this process, the program serves to support applicants with assistance that is more responsive and focused on results.
Is SIF the best federal program to support my business?
Funding helps support R&D and commercialization, the growth and expansion of firms and the attraction and retention of large scale investments in Canada.
Funding helps support industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
- The government invests to decarbonize industry (December 17, 2020)
- Support for innovative businesses (December 11, 2020)
- Funding to advance Canada's countermeasures in the fight against COVID-19 (updated March 5, 2021)
- Previous SIF news
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