Innovation, Science and Economic Development Canada – Strategic Innovation Fund Stream 3: Investment attraction and reinvestment (2022)


Strategic Innovation Fund’s Stream 3 provides funding to attract and retain large scale investments to 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.


The applicants must be:

  • A for-profit corporation—small, medium or large-sized,
  • Be incorporated in Canada and proposing to carry on business in Canada.

Eligibility criteria for projects:

  • The project must support new investment in industrial or technological facilities in Canada.
  • Activities in this Stream are a minimum of TRL 2 and should support the establishment of new facilities or bring new mandates to Canada.

For example, projects could focus on:

  • A Canadian company establishing a new production facility which did not previously exist in Canada;
  • Obtaining a production mandate for a product which was previously produced outside Canada or is being produced for the first time; and
  • Obtaining an R&D mandate which was previously held outside Canada or is being established for the first time.

Applications Steps:

Applicants must submit:

Documentation Needed:

Applicants must submit:


Guaranteed Government Grants

Get a FREE 45-page guide with proven steps to business grants success:

    We respect your privacy. Unsubscribe at anytime.

    • a Statement of Interest (SOI);
    • a full application, if invited

    Similar Posts

    Leave a Reply

    Your email address will not be published. Required fields are marked *