No Fixed Amount
Type of Program:
Grants & Loan
Strategic Innovation Fund's Stream 2 facilitates the growth and expansion of firms in Canada. It provides repayable and non-repayable contributions to firms of all sizes across all of Canada's industrial and technology sectors.
Comments on Funding:
Funding is up to 50% of the costs for eligible activities and the amount of the contribution is based on the minimum amount required to allow an eligible activity to proceed.
The maximum level will only be considered in exceptional circumstances.
The combined level of assistance from all governments (federal, provincial, territorial, and municipal), shall not normally exceed 75% of eligible costs.
When It Ends:
The applicant must be:
Applicants must submit:
a Statement of Interest (SOI) with a high-level overview of the proposed project. Based on the SOI, applicants will be provided with feedback on whether they will be invited to Step 2 – Full application.
a full application, outlining in greater detail the project proposal. Information provided on this form will be used to complete the project due diligence and benefits assessment.
Other Things to Note:
Business Innovation and Growth (Streams 1–3)